Brent Forecast Raised To US$100 Per Barrel By End-2026 -- OCBC

KUALA LUMPUR, Nov 2 (Bernama) -- Brent crude oil is now forecast to reach US$100 per barrel by end-2026, up from the previous projection of US$85, while the end-2027 forecast has been raised to US$85 per barrel from US$75, OCBC Group Research said.

Gold Futures Forecast To Trade Range-bound With Downward Bias Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 31 (Bernama) -- Gold futures are expected to trade range-bound with a slight downward bias next week, said an analyst.

Ringgit Extends Rally Against US Dollar As Traders Reassess Fed Rate Hike Prospects

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit extended its gains to close higher against the US dollar on Friday as traders reassessed the possibility of an interest rate hike by the US Federal Reserve (Fed), an analyst said.

Ringgit Extends Gains Against US Dollar After Fed Holds Interest Rates

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit continued its gains to end higher against the US dollar on Thursday, following the US Federal Reserve’s (Fed) decision to keep the benchmark interest rate steady at 3.75 per cent to 4.00 per cent, an analyst said.

Ringgit Ends Higher Against Greenback Amid Confidence In Malaysia’s Economic Fundamentals

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 28 (Bernama) -- The ringgit rebounded to close higher against the US dollar on Wednesday amid confidence in Malaysia’s economic fundamentals, supported by optimism over artificial intelligence (AI)-related investments and expectations of sustained domestic growth, an analyst said.

Late Buying Lifts Bursa Malaysia To Close Slightly Higher

By K. Naveen Prabu & Danni Haizal Danial Donald

KUALA LUMPUR, Oct 28 (Bernama) -- Late buying in selected heavyweight stocks, particularly utility counters, lifted Bursa Malaysia to close marginally higher on Wednesday, in line with regional markets.

Ringgit Opens Higher Against US Dollar For Eight Consecutive Trading Days

KUALA LUMPUR, Oct 28 (Bernama) -- The ringgit opened higher against the US dollar for the eighth consecutive trading day today, reflecting continued positive momentum in the local currency at the start of trading.

Ringgit Ends Higher Against Major Currencies, Eases vs US Dollar

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 27 (Bernama) -- The ringgit closed higher against major currencies, but eased against the US dollar on Tuesday, amid anticipation of the US Federal Open Market Committee’s (FOMC) policy decision this week, an analyst said.

EarthDaily Secures US$3 Mln NASA Task Order For Land Imaging

KUALA LUMPUR, Oct 27 (Bernama) -- EarthDaily has received a US$3 million task order from the National Aeronautics and Space Administration (NASA) to provide its constellation data and technical support for NASA and the United States Geological Survey (USGS) for evaluating how commercial imagery could be used in US federal land imaging programmes. (US$1 = RM4.08)

Ringgit Opens Higher Against US Dollar, Major Currencies

KUALA LUMPUR, Oct 27 (Bernama) -- The ringgit opened higher against the US dollar and other major currencies on Tuesday as Malaysia’s resilient economic fundamentals continued to support the local note amid lingering geopolitical risks in West Asia, an analyst said.

Gold Futures End Lower Amid Selling In Materials, Mining Stocks

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 26 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Monday due to significant selling in materials stocks and gold-mining shares, an analyst said.

Ringgit Ends Lower Against US Dollar, Higher Against Most Currencies

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 26 (Bernama) -- The ringgit closed lower against the US dollar but strengthened against most major and ASEAN currencies on Monday as investors remained cautious ahead of the US Federal Reserve’s (Fed) policy meeting, an analyst said.