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Ringgit Opens Higher Against US Dollar Ahead Of 2Q GDP Print

KUALA LUMPUR, Aug 12 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday, ahead of Malaysia’s second quarter (2Q) gross domestic product (GDP) official data, slated to be released on Aug 14, an economist said. 

Gold Futures End Higher On Continued PBOC Buying

By K. Naveen Prabu

KUALA LUMPUR, Aug 11 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Tuesday, supported by continued buying by the People's Bank of China (PBOC). 

Kuala Lumpur Rubber Market Ends Higher In Line With Regional Gains

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Aug 11 (Bernama) -- The Kuala Lumpur rubber market ended higher on Tuesday, buoyed by gains in regional rubber futures and firmer crude oil prices, a dealer said.

Singapore Raises 2026 GDP Growth Forecast To 4.5-5.5 Pct On Stronger Global AI Expenditure Outlook

By Anas Abu Hassan

SINGAPORE, Aug 11 (Bernama) -- The Ministry of Trade and Industry (MTI) has raised Singapore's 2026 gross domestic product (GDP) growth forecast to between 4.5 and 5.5 per cent, raising it from an earlier projection of 2.0-4.0 per cent.

Ringgit Steady Vs US Dollar as Investors Await Key US Data

KUALA LUMPUR, Aug 10 (Bernama) -- The ringgit held steady against the US dollar at the close today as the United States’ (US) weak job numbers weighed on the greenback’s performance.

Rubber Market Ends Lower On Weak US Labour Data

By K. Naveen Prabu

KUALA LUMPUR, Aug 10 (Bernama) -- The Kuala Lumpur rubber market ended lower on Monday, weighed down by weaker-than-expected United States (US) labour market data, a dealer said.

AM Best: Record Reinsurance Capital Tests Underwriting Discipline 

KUALA LUMPUR, Aug 10 (Bernama) -- Global reinsurers are facing increased pressure on pricing as strong earnings since 2023 have driven capital to record levels, raising questions over whether underwriting discipline can be maintained amid growing competition, according to a new report by AM Best.

Rubber Market Seen Range-bound Next Week On Geopolitical Uncertainty, Tariff Talks

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 8 (Bernama) -- The Malaysian rubber market is expected to remain range-bound next week as geopolitical uncertainty and renewed tariff discussions weigh on global buying interest.

CPO Futures To Trade With Profit-taking Bias Next Week

KUALA LUMPUR, Aug 8 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade with a profit-taking bias next week as the war between the United States (US) and Iran appears to be cooling.

Ringgit To Remain Range-bound At 4.07-4.09 Against US Dollar Next Week

KUALA LUMPUR, Aug 8 (Bernama) -- The ringgit is expected to remain range-bound against the US dollar next week, trading between RM4.07 and RM4.09 as investors stay cautious over the direction of the United States interest rates, an analyst said.

Gold Futures Rally Ahead of US NFP Data Release

KUALA LUMPUR, Aug 7 (Bernama) -- Gold futures on Bursa Malaysia Derivatives continued to rally ahead of the release of the United States’ July non-farm payrolls (NFP) data later today, which will influence the Federal Reserve rate increase expectations for September, analysts said.

Ringgit Eases Against US Dollar As Investors Await Key Us Data

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Aug 7 (Bernama) -- The ringgit ended the week marginally lower against the US dollar as investors remained cautious ahead of the release of key United States (US) labour market data, while expectations over the US Federal Reserve's (Fed) interest rate path continued to support the greenback, analysts said.