KUALA LUMPUR, July 11 (Bernama) -- The ringgit is expected to trade within a narrow range between RM4.05 and RM4.07 against the US dollar next week as investors await the release of the United States Consumer Price Index (CPI) report next Tuesday, which could set the tone for global financial markets, said analysts.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 10 (Bernama) -- The ringgit ended the week on a stronger note against the US dollar on Friday, as safe-haven demand for the greenback faded.
By Harizah Hanim Mohamed
BANDUNG, July 10 (Bernama) -- Selangor is ready to break ground on the proposed third port terminal on Carey Island as early as September, subject to the Ministry of Transport's (MOT) approval of the port licence, as the state reviews potential operators for the terminal, Menteri Besar Datuk Seri Amirudin Shari said.
From Harizah Hanim Mohamed
BANDUNG, July 10 (Bernama) -- Menteri Besar Selangor Incorporated (MBI) wants to see the semiconductor industry in Malaysia and Indonesia grow more rapidly, with both countries developing into major producers of integrated circuits (ICs), said group chief executive officer Datuk Saipolyazan M Yusop.
KUALA LUMPUR, July 10 (Bernama) -- The ringgit opened slightly higher against the US dollar on Friday amid continued caution over vessel movements in the Strait of Hormuz as investors monitored geopolitical tension.
KUALA LUMPUR, July 9 (Bernama) -- The Retirement Fund (Incorporated) (KWAP) will continue to balance its investment approach, including placing greater emphasis on investments through funds and fund managers that possess sector expertise, market networks and specialised monitoring capabilities.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 9 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Thursday as traders reacted to Indonesia's official announcement of its B50 biodiesel mandate, which projected lower-than-expected domestic palm oil consumption.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 9 (Bernama) -- The ringgit closed flat against the US dollar after the latest US Federal Open Market Committee (FOMC) minutes suggested a less unified stance on further policy tightening, an analyst said.
By Harizah Hanim Mohamed
BANDUNG, July 9 (Bernama) -- Selangor wants to build trade relations and enhance connections between investors in the state and West Java, Indonesia, to drive stronger economic growth for both parties, said Selangor Menteri Besar Datuk Seri Amirudin Shari.
KUALA LUMPUR, July 9 (Bernama) -- Digital transformation solutions provider SRKK AI Bhd expects its expansion into Indonesia to begin making a meaningful contribution to the group’s revenue within three years, following its listing on the ACE Market of Bursa Malaysia.
KUALA LUMPUR, July 9 (Bernama) -- The ringgit opened firmer against the US dollar on Thursday as the greenback weakened after the release of minutes from the US Federal Open Market Committee (FOMC) meeting.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 8 (Bernama) -- The ringgit closed higher today, strengthening against major currencies but easing against the US dollar as persistent geopolitical tensions in West Asia boosted demand for the safe-haven greenback, said an analyst.
