3d 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.
13d ago
KUALA LUMPUR, Dec 12 (Bernama) -- The ringgit opened firmer against the greenback for a second day, buoyed by softer US data and the Federal Reserve (Fed)’s 25-basis-point lending rate cut.
13d ago
KUALA LUMPUR, Dec 11 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today after the US Federal Reserve (Fed) cut interest rates for the third time this year, making the safe-haven asset more attractive to investors.
13d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Dec 11 (Bernama) -- Bursa Malaysia’s key index closed higher today, supported by bargain hunting following the United States Federal Reserve’s (Fed) 25-basis-point cut to its benchmark rate, despite a downturn in regional markets.
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) -- 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).
20d ago
KUALA LUMPUR, Dec 5 (Bernama) -- Bursa Malaysia opened lower on mild profit-taking after Wall Street’s mixed close, as investors adopted a cautious stance ahead of next week’s interest rate decision by the United States Federal Reserve (Fed).
21d ago
By Karina Imran & Naveen Prabu
KUALA LUMPUR, Dec 4 -- The ringgit opened firmer at RM4.11 level against the US dollar this morning as markets priced in higher odds of United States (US) monetary easing next week.
24d ago
KUALA LUMPUR, Dec 1 (Bernama) -- Bursa Malaysia ended the morning session higher today, with the key index rising 1.09 per cent, in line with the mostly higher performance in regional markets ahead of several key data releases.
1m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 20 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower today following the release of limited US economic data, with the upside shock immediately pushing December Federal Reserve (Fed) rate-cut odds down from around 50 per cent to roughly 30 per cent.
1m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 18 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today amid broad risk-off sentiment after investors reacted to a reduced chance of a December Fed rate cut, which now stands at around 40 per cent.
1m ago
KUALA LUMPUR, Nov 18 (Bernama) -- Bursa Malaysia ended lower on Tuesday amid broad-based weakness in the local bourse, in line with regional markets.