4d ago
By Siti Radziah Hamzah
KUALA LUMPUR, Dec 22 (Bernama) – The ringgit was Asia’s best-performing currency this year against its regional peers, with its gains underpinned by strong economic fundamentals and buoyant exports, while interest rate cuts by the United States Federal Reserve (Fed) provided pivotal support to the local currency.
14d ago
KUALA LUMPUR, Dec 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today, supported by expectations of further interest rate cuts next year, which are making the safe-haven asset more attractive to investors.
21d ago
KUALA LUMPUR, Dec 5 (Bernama) -- The ringgit extended its gains to close marginally higher against the greenback on Friday, as expectations of an interest rate cut next week by the US Federal Reserve (Fed) stayed elevated.
24d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Dec 2 (Bernama) -- The ringgit ended marginally higher against the greenback on Tuesday as weaker-than-expected US manufacturing data strengthened expectations of a cut in US interest rates next week.
29d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 27 (Bernama) -- The ringgit ended higher against the US dollar on Thursday as talks of a possible interest rate cut in the United States gained momentum.
1m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 25 (Bernama) -- The ringgit continued to perform favourably against the US dollar at the close on Tuesday, as the greenback weakened on dovish remarks by US Federal Reserve (Fed) officials.
1m ago
KUALA LUMPUR, Nov 21 (Bernama) -- The ringgit opened firmer against the US dollar on Friday despite stronger US labour market data that continued to support the greenback.
1m ago
KUALA LUMPUR, Nov 17 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower as expectations of a US rate cut in December eased, said SPI Asset Management managing partner Stephen Innes.
1m ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 4 (Bernama) -- The ringgit rebounded to close higher on Tuesday as weaker US economic data and uncertainty over the US Federal Reserve's (Fed) next monetary policy move weighed on the greenback.
1m ago
KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia opened higher on Thursday, taking its cue from Wall Street’s mixed performance overnight as investors welcomed the United States Federal Reserve’s (US Fed) second interest rate cut this year.
1m ago
KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit extended its gains for the seventh day on Thursday, opening higher against the US dollar, supported by the much-anticipated 25 basis points cut last night by the US Federal Reserve (US Fed), an analyst said.
1m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Oct 27 (Bernama) -- Bursa Malaysia closed higher today, supported by optimism surrounding the ongoing ASEAN Summit, which bolstered confidence in regional economic cooperation, and in tandem with gains across regional markets.