3m ago
By Rosemarie Khoo
KUALA LUMPUR, Oct 22 (Bernama) -- The ringgit ended lower on Tuesday on the continued expectation of a slower pace of US interest rate cuts, China’s cooling economy and heightened geopolitical risks in the Middle East, said an analyst.
3m ago
By Zarul Effendi Razali
KUALA LUMPUR, Oct 22 (Bernama) -- The ringgit opened nearly flat against the US dollar on Tuesday, as cautious sentiment surrounding the current economic outlook saw some investors turn to safe-haven assets, an economist said.
3m ago
By Zufazlin Baharuddin
KUALA LUMPUR, Oct 19 (Bernama) -- The local rubber market is expected to trade range-bound with an upside bias next week, driven primarily by replenishment activities, according to industry expert Denis Low.
3m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Oct 19 (Bernama) -- The ringgit is expected to remain stable next week although it may face downward pressure due to the current bullish outlook of the US dollar.
3m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Oct 17 (Bernama) -- The ringgit opened marginally higher against the US dollar on Thursday, with the US Dollar Index (DXY) increasing by 0.2 per cent to 103.47 points, as global interest rate cuts gained momentum, while the United States (US) Federal Reserve seemed hesitant to follow suit.
3m ago
By Zufazlin Baharuddin
KUALA LUMPUR, Oct 16 (Bernama) -- The Kuala Lumpur rubber market closed mixed amid weaker advice from the regional rubber futures markets.
3m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Oct 15 (Bernama) -- The ringgit depreciated against the US dollar at the close on Tuesday amid a sharp fall in the price of oil and on continued expectations of a smaller cut in US interest rates going forward.
3m ago
KUALA LUMPUR, Oct 14 (Bernama) -- Amidst a global stock market resurgence, EBC Financial Group (EBC) has enhanced liquidity for five major stock indices, namely the United States (US) Dow Jones, Nasdaq, S&P 500, the A50 (China), and the Hang Seng Index (Hong Kong).
3m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Oct 14 (Bernama) -- The ringgit opened higher against the US dollar on the first trading day of Budget 2025 week, buoyed by optimism that the government will likely maintain fiscal discipline and keep the fiscal deficit below four per cent of Gross Domestic Product growth next year.
3m ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, Oct 12 (Bernama) -- Bursa Malaysia is expected to trade with caution within the 1,630-1,650 range next week with the tabling of Budget 2025 on Oct 18, said an analyst.
3m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 12 (Bernama) -- The local rubber market is expected to trade sideways with a downward bias next week influenced by the escalating Red Sea crisis and the European Commission's (EC) proposal for a year-long delay to the EU Deforestation Regulation (EUDR), said industry expert Denis Low.
3m ago
KUALA LUMPUR, 11 Oct (Bernama) -- The rate cuts in several countries worldwide reflect a global shift in monetary policy towards easing, driven by differing domestic economic conditions, said an analyst.