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.
| LATEST NEWS | Kerjaya Prospek's unit secures mixed development construction contract in Johor Bahru, worth RM223.0 mln | Six schools in Tebedu, Sarawak closed this morning due to API readings exceeding 200 - State Education Department | Malaysia services sector expanded by 11.2 pct year-on-year in 2Q 2026, with revenue reaching RM714.7 bln - DOSM | PM Anwar expected to be discharged from hospital today - Dr Wan Azizah | Official offer letters will be issued by public universities to successful candidates from Aug 15 - Higher Education Ministry | |
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.
KUALA LUMPUR, Aug 10 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher on Monday.
GEORGE TOWN, Aug 10 (Bernama) -- The Economy Ministry is finalising its development spending proposals for Budget 2027, with its findings and recommendations expected to be submitted to the Ministry of Finance by mid-August.
KUALA LUMPUR, Aug 10 (Bernama) -- Malaysia’s palm oil stockpiles rose by 3.32 per cent, or 84,495 tonnes, to 2.63 million tonnes in July 2026 from 2.54 million tonnes a month earlier, according to the Malaysian Palm Oil Board (MPOB).
KUALA LUMPUR, Aug 10 (Bernama) -- The preliminary estimate of Malaysia's gross domestic product (GDP), which grew by 5.8 per cent in the second quarter of 2026, is a positive development that reflects the resilience of the country's economy amid an uncertain global environment, said an academic.
KUALA LUMPUR, Aug 10 (Bernama) -- Lembaga Tabung Haji (TH) needs to bolster its institutional sustainability to ensure that it is not only able to survive in the long term, but also has a strong governance structure, risk management and investment strategy to protect the interests of depositors.
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.
By Engku Shariful Azni Engku Ab Latif & Abdul Hamid A Rahman
KUALA LUMPUR, Aug 10 (Bernama) -- Bursa Malaysia ended marginally lower on Monday, as investors largely stayed on the sidelines and adopted a wait-and-see approach amid uncertainties over US monetary policy and geopolitical developments, an analyst said.
GEORGE TOWN, Aug 10 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) will continue to empower the electrical and electronics (E&E) sector to ensure Malaysia remains an important player in the global technology supply chain.
IPOH, Aug 10 (Bernama) -- Agriculture and livestock-related company Sheng Long Aqua Technology (M) Sdn Bhd has invested RM140 million to build a new factory in Kamunting, Taiping.
KUALA LUMPUR, Aug 10 (Bernama) -- The unit price index of sand increased in July 2026, ranging from 0.1 per cent to 14.9 per cent nationwide, compared to the previous month, said the Department of Statistics Malaysia (DOSM).
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.