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Ringgit Opens Higher Against US Dollar Ahead Of Key Us Economic Data

KUALA LUMPUR, Aug 3 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday ahead of the release of key United States (US) economic data today amid easing tensions in West Asia.

Bursa Malaysia Likely To Trade On An Upside Bias Next Week

By Zufazlin Baharuddin and Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 1 (Bernama) -- Bursa Malaysia is expected to trade with an upside bias next week, supported by resilient corporate earnings, improving foreign fund inflows, and easing concerns over global trade.

Ringgit Expected To Trade Between 4.07 And 4.09 Against US Dollar Next Week

KUALA LUMPUR, Aug 1 (Bernama) -- The ringgit is expected to trade between 4.07 and 4.09 against the US dollar next week, with market sentiment likely to be guided by a series of key United States (US) economic data releases and their implications for the Federal Reserve’s interest rate outlook.

Gold Futures Expected To Hover Around US$4,050-US$4,100 Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 1 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade within a tight range of between US$4,050 and US$4,100 per troy ounce next week, with an upward bias.

Ringgit Opens Higher As Weaker US Data Weighs On Dollar

KUALA LUMPUR, July 31 (Bernama) -- The ringgit opened higher against the US dollar on Friday as the greenback weakened following softer United States (US) economic data, an analyst said.

Parliament To Hold Special Sitting On TH RCI Report Aug 11 -- Anwar

KUALA LUMPUR, July 30 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said a special parliamentary sitting to debate the findings of the Royal Commission of Inquiry (RCI) report on Lembaga Tabung Haji (TH) will be held on Aug 11.

Anwar Says Tabung Haji Back On Strong Footing

KUALA LUMPUR, July 30 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said Lembaga Tabung Haji (TH) had been successfully restored after problems arising from past negligence and mismanagement were detected early.

Muiz Hot Chicken: From RM20 Profit To RM45 Mln Success Story

By Nur Fatin Mohmad Kadenen

MUAR, July 30 (Bernama) -- From a street stall with an initial profit of RM20, Muiz Hot Chicken has trailblazed, building a viable business that now has over 180 stalls and five restaurant outlets, with total sales reaching RM45 million to date.

Ringgit Opens Higher As US Fed Holds Rate Steady

KUALA LUMPUR, July 30 (Bernama) -- The ringgit opened higher against the US dollar, supported by the weaker greenback after the US Federal Reserve (Fed) kept interest rates steady at its latest Federal Open Market Committee (FOMC) meeting.

Gelam Tree And The Malaysian Economy

By M.Saraswathi

KUALA LUMPUR, July 29 (Bernama) -- Bank Negara Malaysia's annual Sasana Symposium took on a refreshingly different tone this year, with Governor Datuk Seri Abdul Rasheed Ghaffour departing from convention in his central bank address.

AGC Biologics Secures Multi-Year Yokohama Manufacturing Contract

KUALA LUMPUR, July 29 (Bernama) -- AGC Biologics announced that ahead of the official opening of its Yokohama site, an international biopharmaceutical company has secured half of the facility’s mammalian manufacturing capacity through a multi-year commercial contract expected to be worth hundreds of millions of dollars.

Ringgit Opens Higher Vs Greenback On Improved Local Sentiment

KUALA LUMPUR, July 29 (Bernama) -- The ringgit opened higher against the US dollar today, as market sentiment was boosted by Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour’s positive remarks yesterday and expectations of a shift in the United States (US) Federal Reserve policy.