Ringgit Opens Slightly Higher Versus Greenback Amid Soft US Data
KUALA LUMPUR, Aug 5 (Bernama) -- Ringgit opened slightly higher against the US dollar on Wednesday, supported by weaker-than-expected US economic data that weighed on the greenback.
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Falling Oil Prices Ease Inflation Concerns For Malaysia And Global Economy
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, June 25 (Bernama) -- Falling crude oil prices are expected to ease inflationary pressures in Malaysia and globally, reducing concerns that central banks may need to keep interest rates higher for longer, economists said.
Petronas Drives New Momentum In Strengthening Malaysia-Turkmenistan Ties Through Strategic Cooperation
By Siti Radziah Hamzah
KUALA LUMPUR, June 25 (Bernama) -- Petroliam Nasional Bhd's (Petronas) expanding role in Turkmenistan has emerged as a key pillar of renewed Malaysia-Turkmenistan relations, following Prime Minister Datuk Seri Anwar Ibrahim's recent official visit to the Central Asian nation, with the national oil and gas company’s long-standing presence continuing to open new avenues for energy cooperation, economic growth and broader bilateral collaboration.
Ringgit Rebounds Versus US Dollar, ASEAN Currencies Ahead Of US PMI Data Release
By Danni Haizal Danial Donald
KUALA LUMPUR, June 23 (Bernama) -- The ringgit rebounded from yesterday’s losses to end higher against the US dollar and ASEAN currencies, and was mostly firmer against other major currencies on Tuesday as investors await the United States Purchasing Managers’ Index (PMI) June data release tonight.
Ringgit Eases Against US Dollar Amid Rising West Asia Tensions
By Danni Haizal Danial Donald
KUALA LUMPUR, June 22 (Bernama) -- The ringgit eased against the US dollar on Monday, as growing uncertainties surrounding the West Asia conflict and expectations of a potential United States (US) Federal Reserve (Fed) interest rate hike fuelled demand for the greenback.