By Abdul Hamid A Rahman
KUALA LUMPUR, July 27 (Bernama) -- The ringgit closed higher against the greenback and other major currencies on Monday, ahead of the US Federal Reserve (Fed) meeting on Tuesday and Wednesday to decide on interest rates.
KUALA LUMPUR, July 27 (Bernama) -- The new Section 301 tariffs are expected to have a largely muted impact on exports to the United States (US) in the near term, given extensive product exemptions and relatively lower effective tariff rates than originally anticipated, although geopolitical risks remain significant.
JAKARTA, July 27 (Bernama) -- Bank Indonesia (BI) Governor Perry Warjiyo has tendered his resignation, with Senior Deputy Governor Destry Damayanti to automatically assume the post of acting governor in accordance with the Bank Indonesia Law.
By Zufazlin Baharuddin and Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 27 (Bernama) -- Bursa Malaysia’s key index closed higher at midday, mirroring the upbeat regional performance.
By Karina Imran & Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, July 27 (Bernama) -- The ringgit opened higher against the US dollar on Monday, supported by positive domestic sentiment ahead of the Negeri Sembilan state election, although caution ahead of the US Federal Open Market Committee (FOMC) meeting capped gains.
By Kisho Kumari Sucedaram
KUALA LUMPUR, July 26 (Bernama) – Malaysia remains a key market for Scoot, the low-cost carrier of the Singapore Airlines (SIA) Group, driven by sustained demand for leisure and business travel, the airline’s chief commercial officer Calvin Chan said.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 25 (Bernama) -- The ringgit is expected to trade within the RM4.08-RM4.10 range against the greenback next week on caution ahead of key domestic and external events, namely the US interest rate decision and the Negeri Sembilan state election.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, July 25 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade lower next week as profit-taking is likely to emerge after the recent rally despite crude oil prices remaining elevated.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, July 24 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended mostly higher on Friday, lifted by steady energy prices, gains in rival edible oils and expectations of tighter Indonesian supplies following the implementation of the B50 biodiesel mandate.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 24 (Bernama) -- The ringgit closed marginally lower against the US dollar on Friday amid heightened uncertainty over crude oil prices following disruptions to vessel traffic in West Asia as well as the United States’ (US) latest move to impose tariffs on 60 countries, including Malaysia.
KUALA LUMPUR, July 24 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) will continue to engage with the United States over the 10 per cent forced labour-related tariff imposed on Malaysian exports effective today.
PORT DICKSON, July 24 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the government will continue negotiations with the United States over the new tariffs imposed on Malaysia related to the forced labour issue if the outcome remains unsatisfactory.
