By Siti Radziah Hamzah
KUALA LUMPUR, Jan 18 (Bernama) -- The ringgit is expected to trade at around 4.50 against the US dollar next week as markets brace for Donald Trump’s inauguration on Jan 20, said Kenanga Investment Bank Bhd (Kenanga IB).
By Siti Radziah Hamzah
KUALA LUMPUR, Jan 15 (Bernama) -- The ringgit advanced against the US dollar at the close today following reduced demand for the American dollar influenced by softer US Producer Price Index (PPI) data and expectations of a gradual tariff implementation, said an analyst.
KUALA LUMPUR, Jan 15 (Bernama) -- Bursa Malaysia staged a rebound and opened higher in early trading today, supported by sustained buying momentum despite Wall Street’s mixed overnight performance.
KUALA LUMPUR, Jan 15 (Bernama) -- The ringgit opened slightly higher against the US dollar in early trade as the dollar retreated, sparked by a report hinting at gradual tariff implementations and data showing an unexpected dip in US wholesale inflation, said an analyst.
By Siti Radziah Hamzah
KUALA LUMPUR, Jan 14 (Bernama) -- The ringgit steadied at around 4.50-level against the US dollar at the close today as market participants await the US Producer Price Index report later today.
KUALA LUMPUR, Jan 14 (Bernama) -- The ringgit opened slightly higher against the US dollar this morning amidst cautious market sentiment with a potential gradual US tariff hike and the upcoming release of the US Producer Price Index (PPI) and Consumer Price Index (CPI) later this week.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 13 (Bernama) -- Bursa Malaysia's benchmark index ended lower today, weighed down by heavy selling in technology and utility blue chips, reflecting the ripple effect from a sell-off on Wall Street last Friday.
By Zarul Effendi Razali
KUALA LUMPUR, Jan 11 (Bernama) -- The ringgit is expected to trade at around RM4.50 to the US dollar next week, with investors being cautious ahead of the US inflation report as well as a series of speeches by US Federal Reserve (Fed) officials scheduled during the period.
By Zarul Effendi Razali
KUALA LUMPUR, Jan 10 (Bernama) -- The ringgit rebounded from yesterday’s loss to close higher against the US dollar on Friday, driven by renewed demand despite the greenback’s positive momentum.
KUALA LUMPUR, Dec 24 (Bernama) -- Malaysia’s Producer Price Index (PPI) declined by 0.4 per cent in November 2024, a slower decrease compared to the 2.4 per cent drop in October 2024, mainly due to the continued contraction in the mining sector, according to the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, Nov 27 (Bernama) -- Malaysia’s Producer Price Index, which measures the price changes of goods at the producer level, fell by 2.4 per cent in October 2024, said the Department of Statistics Malaysia (DOSM).
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Nov 15 (Bernama) -- The Kuala Lumpur rubber market ended higher on Friday, buoyed by rising optimism that China would increase its economic stimulus measures to prop up its economy, a dealer said.
