1y ago
KUALA LUMPUR, March 25 (Bernama) -- The ringgit traded flat against the US dollar at the opening today as mixed signals from President Trump suggested that certain countries might receive tariff breaks when the reciprocal tariffs take effect on April 2, boosting appetite for riskier assets.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 24 (Bernama) -- The ringgit ended lower against the US dollar as concerns over reciprocal tariff rates, which are expected to take effect on April 2, prompted traders and investors to adopt a more cautious stance.
1y ago
KUALA LUMPUR, March 20 (Bernama) -- The Securities Commission Malaysia (SC) is expected to submit its proposal to review levies of fees from intermediaries by the end of March to the Finance Ministry (MoF), said SC executive chairman Datuk Mohammad Faiz Azmi.
1y ago
KUALA LUMPUR, March 20 (Bernama) – Retirees should redirect a small portion of their savings into higher-yielding capital market instruments to enhance their income security in their old age rather than holding cash, the Securities Commission (SC) said.
1y ago
KUALA LUMPUR, March 10 (Bernama) -- A total of 4.89 million hectares (ha), or 86.47 per cent of palm oil cultivation areas in Malaysia, have received certification under the Malaysian Sustainable Palm Oil (MSPO) standard as of Dec 31, 2024, demonstrating Malaysia’s commitment to sustainability.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 5 (Bernama) -- Bursa Malaysia snapped a four-day losing streak to open higher today, supported by selective bargain hunting in the domestic market, despite Wall Street’s weaker overnight performance amid trade war concerns.
1y ago
KUALA LUMPUR, March 4 (Bernama) -- The local rubber market closed higher on Tuesday, supported by the tightening natural rubber (NR) supply due to the wintering season, according to a dealer.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, March 3 (Bernama) -- The ringgit closed lower against the US dollar on Monday as the forex market tiptoes into the week on high alert, stuck in a “wait and see” mode, as traders hedge their bets ahead of Donald Trump’s tariff D-Day tomorrow, said an analyst.
1y ago
KUALA LUMPUR, March 3 (Bernama) -- The ringgit opened marginally higher against the US dollar on Monday amid cautious trading ahead of the United States government’s import tariff imposition on Canada and Mexico as well as China.
1y ago
KUALA LUMPUR, March 1 (Bernama) -- Bursa Malaysia is expected to remain cautious next week, with the FTSE Bursa Malaysia KLCI (FBM KLCI) to trade within a narrow range as investors evaluate key economic developments, according to an analyst.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 28 (Bernama) -- The ringgit closed lower against the US dollar on Friday as concerns over an escalating trade war weighed on sentiment.
1y ago
By Karina Imran
KUALA LUMPUR, Feb 28 (Bernama) -- Bursa Malaysia ended the week lower with the benchmark index declining 0.75 per cent, in tandem with regional markets performance as investor sentiment weakened following the US President Donald Trump’s tariff announcement.