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Ringgit Opens Higher Versus Greenback On Upbeat GDP Data

By Nurunnasihah Ahmad Rashid & Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Aug 17 (Bernama) -- The ringgit opened higher against the US dollar, tracking Malaysia’s stronger-than-expected second quarter 2026 (2Q 2026) Gross Domestic Product (GDP) growth of 6.0 per cent, said an economist.

Gold Futures End Lower For Two Consecutive Days

By Harizah Hanim Mohamed

KUALA LUMPUR, Aug 14 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower for the second consecutive day as investors digested United States economic data.

Investment Banks Maintain Positive 2026 GDP Growth Forecasts Of 4.8-5.4 Pct

KUALA LUMPUR, Aug 14 (Bernama) -- Investment banks remained positive on Malaysia’s economic growth outlook for 2026, forecasting gross domestic product (GDP) growth of between 4.8 and 5.4 per cent.

BNM To Review Macro Data Ahead Of MPC Meeting - BNM Governor

KUALA LUMPUR, Aug 14 (Bernama) -- Bank Negara Malaysia (BNM) will review the latest macroeconomic developments ahead of its upcoming Monetary Policy Committee (MPC) meeting in two weeks before deciding its appropriate monetary policy stance.

Bursa Malaysia Lower In Early Trade

KUALA LUMPUR, Aug 14 (Bernama) -- Bursa Malaysia opened higher on Friday but soon retreated, with profit-taking seen in industrial products and construction counters, despite Wall Street’s ending higher overnight.

Ringgit Opens Higher Against Major, ASEAN Currencies Ahead Of 2Q GDP Announcement

KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit opened higher against major and ASEAN currencies ahead of Malaysia's gross domestic product (GDP) announcement for the second quarter of 2026 (2Q 2026) today, an economist said. 

Ringgit Closes Almost Unchanged Vs US Dollar Ahead Of 2Q 2026 GDP Announcement Tomorrow

KUALA LUMPUR, Aug 13 (Bernama) -- The ringgit closed almost unchanged against the US dollar ahead of Malaysia’s gross domestic product (GDP) announcement for the second quarter tomorrow, as investors adopted a wait-and-see approach after US inflation data came in within expectations, supporting the greenback.

Toyota Aims To Bolster 'Earning Power' Amid Tariff, West Asia Headwinds

NAGOYA (Japan), Aug 13 (Bernama-Kyodo) -- Toyota Motor Corp.'s top executive vowed to strengthen its "earning power," with the industry facing headwinds from US tariffs and the prolonged conflict in the West Asia, Kyodo News reported.

Haikou-Penang Direct Flights To Take Off Oct 11

GEORGE TOWN, Aug 12 (Bernama) -- The Haikou-Penang direct flight service will be launched on Oct 11, making Haikou the ninth Chinese city to have a scheduled direct air link with Penang, said State Tourism and Creative Economy Committee chairman Wong Hon Wai.

Inta Bina Bags RM115.65 Mln Construction Contract From Sime Darby Property

KUALA LUMPUR, Aug 10 (Bernama) -- Inta Bina Group Bhd’s wholly-owned subsidiary, Inta Bina Sdn Bhd, has secured a main building works contract worth RM115.65 million from Sime Darby Property (KL East) Sdn Bhd.

Ringgit Expected To Stabilise By End-August – Kenanga IB

KUALA LUMPUR, Aug 10 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects the ringgit to stabilise by end-August as the US dollar gives back some of its earlier gains following the US Federal Reserve’s (Fed) decision to keep interest rates unchanged at its July meeting.

Ringgit Opens Higher Against US Dollar

KUALA LUMPUR, Aug 10 (Bernama) -- The ringgit opened higher against the US dollar on Monday on weaker United States (US) non-farm payrolls (NFP) data.