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.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, June 15 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended mostly lower on Monday, tracking losses in soybean oil.
KUALA LUMPUR, June 15 (Bernama) -- Tanco Holdings Bhd said its business fundamentals remain unaffected despite recent volatility in its share price that prompted Bursa Malaysia Securities Bhd (Bursa Securities) to issue an Unusual Market Activity (UMA) query.
By K. Naveen Prabu
KUALA LUMPUR, June 15 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Monday, supported by lower oil prices.
PUTRAJAYA, June 15 (Bernama) -- The Economy Ministry expects Malaysia's inflation rate to remain under control at between 1.5 and 2.5 per cent throughout this year despite pressure from the energy supply crisis and global geopolitical uncertainties.
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.
PUTRAJAYA, June 14 (Bernama) -- Malaysia remains in a relatively strong position with sufficient supplies of fuel, food and essential medicines, thanks to early intervention and coordinated crisis management efforts, says Prime Minister's Economic Adviser Nurhisham Hussein.
SHAH ALAM, June 13 (Bernama) -- The Selangor State Government's focus on developing the northern corridor, which includes Hulu Selangor and Kuala Selangor, has the potential to transform the area into a new economic hub for the state.
By Nik Nurfaqih Nik Wil
JAKARTA, June 13 (Bernama) -- Indonesia's decision to raise the BI-Rate and increase non-subsidised fuel prices within days highlights the government's effort to support the rupiah and ease fiscal pressures, although the measures are expected to add pressure on households and businesses, analysts say.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, June 13 (Bernama) -- The Malaysian rubber market is anticipated to remain volatile next week, displaying a slight downward trend due to ongoing global uncertainties, said industry expert Denis Low.
