Ringgit Starts Higher On Stable S&P Outlook
KUALA LUMPUR, Sept 22 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday, supported by Malaysia’s stable sovereign credit outlook and stronger domestic economic data.
KUALA LUMPUR, Sept 22 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday, supported by Malaysia’s stable sovereign credit outlook and stronger domestic economic data.
KUALA LUMPUR, Sept 18 (Bernama) -- Oil prices are set to gain support from the United States (US) Federal Reserve’s (Fed) latest rate cut, which is expected to lift global demand sentiment, according to independent energy research company, Rystad Energy.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 17 (Bernama) -- Bursa Malaysia kicked off the week on a positive note, buoyed by growing expectations of interest rate cuts ahead of the highly anticipated United States (US) Federal Open Market Committee (FOMC) meeting later tonight.
KUALA LUMPUR, Sept 12 (Bernama) -- Rakuten Trade Sdn Bhd has raised its FTSE Bursa Malaysia KLCI (FBM KLCI) target to 1,650 from 1,630 for 2025, buoyed by renewed foreign fund inflows into Asia.
KUALA LUMPUR, Sept 11 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) is maintaining its 2025 manufacturing growth forecast for Malaysia at 3.9 per cent, down from 4.3 per cent last year, citing a cautious outlook for external trade.
KUALA LUMPUR, Sept 4 (Bernama) -- Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate (OPR) at 2.75 per cent through the remainder of 2025, assuming that Malaysia's economic growth stays within the official 4.0-4.8 per cent range and inflation remains contained, said an investment bank.
KUALA LUMPUR, Sept 4 (Bernama) -- Malaysia aims to diversify supply chains in the semiconductor sector to ensure that foreign and local investments remain strong and resilient, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.
KUALA LUMPUR, Sept 3 (Bernama) -- Bursa Malaysia extended yesterday’s upward momentum amid continued buying interest.
WASHINGTON, Aug 30 (Bernama-dpa) -- A United States (US) appeals court on Friday ruled that US President Donald Trump lacked the authority to impose sweeping tariffs on imports under a national emergency law, reported German Press Agency (dpa).
KUALA LUMPUR, Aug 30 (Bernama) -- Malaysia's gross domestic product (GDP) growth of 4.4 per cent in the second quarter of 2025 was achieved through the government’s adoption of a centrality approach amid an uncertain geopolitical and economic environment, said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, Aug 27 (Bernama) -- Bursa Malaysia opened slightly firmer on Wednesday but reversed course within minutes, with the benchmark slipping on spillover profit-taking from yesterday’s sell-off despite overnight gains on Wall Street.
KUALA LUMPUR, Aug 27 (Bernama) -- The ringgit opened higher against the US dollar and most major currencies on Wednesday, lifted by growing expectations of a US interest rate cut amid weakening consumer confidence and concerns over rising prices from escalating tariffs.