1m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Sept 2 (Bernama) -- The ringgit continued to trade lower against the US dollar on Wednesday but strengthened against the British pound and the euro amid rising global bond yields and concerns over elevated government debt levels.
1m ago
KUALA LUMPUR, Sept 2 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) expects the ringgit to remain supported by Malaysia’s relatively resilient economic fundamentals, although short-term movements are likely to remain sensitive to United States (US) monetary policy expectations and broader risk sentiment.
1m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 2 (Bernama) -- The ringgit opened lower against the US dollar on Wednesday amid higher Brent crude oil prices, which heightened inflation concerns, boosting expectations of a US Federal Reserve (Fed) rate hike, said an analyst.
1m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Sept 1 (Bernama) --The ringgit ended lower against the greenback on the first trading day of September on rising expectations of a US interest rate hike after Federal Reserve (Fed) Chair Kevin Warsh’s recent speech at the Jackson Hole Symposium.
1m ago
KUALA LUMPUR, Sept 1 (Bernama) -- The seasonally adjusted S&P Global Malaysia Manufacturing Purchasing Managers’ Index (PMI) posted above the neutral mark of 50.0 that separates growth from contraction for a third straight month in August.
1m ago
KUALA LUMPUR, Sept 1 (Bernama) -- The ringgit opened lower against the US dollar on Tuesday amid elevated US Treasury yields and uncertainty over the US Federal Reserve’s (Fed) interest rate outlook, said an analyst.
1m ago
KOTA BHARU, Aug 29 (Bernama) -- The government is monitoring inflation movements due to developments in the West Asian crisis to ensure cost pressures from supply disruptions and rising commodity prices do not burden the people.
1m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit is expected to remain well supported next week ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee meeting on Sept 3, with the central bank widely expected to keep the Overnight Policy Rate (OPR) at 2.75 per cent.
1m ago
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, Aug 29 (Bernama) -- The Kuala Lumpur rubber market is seen to remain firm with a slight upward bias next week, supported by expectations of limited supply of the commodity amid adverse weather conditions.
1m ago
KUALA LUMPUR, Aug 28 (Bernama) -- OSK Holdings Bhd posted a slightly higher net profit of RM143.41 million in the second quarter ended June 30, 2026 (2Q 2026), compared with RM142.00 million in the corresponding quarter last year.
1m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 27 (Bernama) -- The ringgit ended lower against the greenback on Thursday amid cautious sentiment ahead of the US Federal Reserve’s (Fed) Jackson Hole symposium.
1m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Aug 27 (Bernama) -- The rubber market extended gains, closing higher on Thursday, supported by supply concerns stemming from continued rainfall in major producing regions, said a dealer.