1m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, June 18 (Bernama) -- The ringgit opened lower against the US dollar on Thursday as sentiment turned cautious after the US Federal Reserve (Fed) adopted a hawkish tone, driving US Treasury yields higher.
1m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, June 17 (Bernama) -- The Bank of Japan’s (BOJ) ongoing policy normalisation is likely to have a greater impact on Asian financial markets than the European Central Bank’s (ECB) higher-for-longer interest rate stance.
1m ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, June 16 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed higher today amid concerns over weather-related issues, a trader said.
1m ago
KUALA LUMPUR, June 16 (Bernama) -- Crude oil prices are expected to retain a residual geopolitical risk premium of between US$5 and US$10 per barrel despite the virtual signing of the United States (US)-Iran memorandum of understanding (MoU), said Rystad Energy.
1m ago
KUALA LUMPUR, June 16 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Tuesday amid lower oil prices, which eased inflation concerns and improved sentiment towards the precious metal.
1m ago
By K. Naveen Prabu
KUALA LUMPUR, June 16 (Bernama) -- The ringgit closed lower against the US dollar on Tuesday as investors remained cautious following the Bank of Japan's (BOJ) decision to raise interest rates.
1m ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, June 16 (Bernama) -- The Kuala Lumpur rubber market closed higher on Tuesday, leading to Standard Malaysian Rubber 20 (SMR 20) reaching its highest level in the past nine years, said a dealer.
1m ago
KUALA LUMPUR, June 16 (Bernama) -- Bursa Malaysia ended the morning session higher, tracking the strong overnight rally on Wall Street.
1m ago
KUALA LUMPUR, June 16 (Bernama) -- The ringgit opened higher against the US dollar on expectations that the US Federal Reserve (Fed) will keep interest rates unchanged amid easing inflation concerns and lower US Treasury yields.
1m ago
By K. Naveen Prabu
KUALA LUMPUR, June 15 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Monday, supported by lower oil prices.
1m ago
KUALA LUMPUR, June 15 (Bernama) -- The ringgit extended its upward momentum, opening firmer on Monday against the US dollar and other major currencies, supported by improved risk sentiment following signs of easing geopolitical tensions.