1d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 24 (Bernama) -- The ringgit ended stronger against the US dollar today, touching 4.04, its highest level in nearly five years, after the latest data showed that consumer confidence in the United States remains weak.
6d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 19 (Bernama) -- The ringgit strengthened to the 4.07 level against the US dollar at Friday’s close, its strongest in nearly six years, following softer-than-expected US inflation data.
6d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Dec 19 (Bernama) -- Bursa Malaysia’s key index, the FBM KLCI, closed 1.15 per cent higher at 1,665.90 on Friday, climbing to an almost 15-month high and surpassing the 1,660.09 points recorded on Sept 27, 2024, supported by firmer regional markets amid the Bank of Japan’s (BOJ) interest rate hike.
6d ago
KUALA LUMPUR, Dec 19 (Bernama) -- Permodalan Nasional Bhd’s (PNB) wholly owned unit trust management company, Amanah Saham Nasional Bhd (ASNB), has declared a total income distribution of 5.75 sen per unit for Amanah Saham Bumiputera (ASB) for the financial year ending Dec 31, 2025 (FY2025).
6d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Dec 19 (Bernama) -- The ringgit opened slightly higher against the US dollar on Friday, holding at the 4.08 level, supported by growing expectations of a softer US monetary policy outlook and recent global central bank developments.
7d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Dec 18 (Bernama) -- The ringgit opened higher at the 4.07 level against the US dollar, the best level seen in close to five years, despite a firmer US Dollar Index (DXY), as market participants continued to assess the US Federal Reserve’s (Fed) policy outlook.
14d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 11 (Bernama) -- The ringgit bounced to the 4.10 level against the US dollar at Thursday’s close, hitting a new high in four years and six months after the US Federal Reserve (Fed) cut interest rates for the third time this year, which weighed on the greenback.
14d ago
KUALA LUMPUR, Dec 11 (Bernama) -- Bursa Malaysia traded higher in the morning session, supported by improved sentiment following the US Federal Reserve’s rate cut and in line with overnight gains on Wall Street.
14d ago
KUALA LUMPUR, Dec 11 (Bernama) -- Bursa Malaysia opened higher on Thursday, buoyed by regional market optimism and Wall Street’s rebound following the US Federal Reserve (Fed)’s rate cut.
14d ago
KUALA LUMPUR, Dec 11 (Bernama) -- The ringgit opened at its strongest level in more than four years against the greenback after the US Federal Reserve (Fed) cut its benchmark lending rate by 25 basis points (bps).
15d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 10 (Bernama) -- The ringgit closed lower against the American dollar on Wednesday ahead of a decision by the Federal Open Market Committee (FOMC) on US interest rates later tonight.