Ringgit Expected To Trade In Narrow Range Vs Greenback Ahead Of BNM's OPR Decision Next Week
By Engku Shariful Azni Engku Ab Latif
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By Engku Shariful Azni Engku Ab Latif
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.
By K. Naveen Prabu & Danni Haizal Danial Donald
KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia’s key index ended higher on Friday, supported by renewed buying in selected blue chip stocks, particularly financial services counters, amid mixed regional sentiment.
KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia’s key index rebounded from earlier losses to end the morning session higher, outperforming regional peers as continued buying in plantation heavyweight stocks supported market sentiment.
KUALA LUMPUR, Oct 30 (Bernama) -- Japanese electric vertical take-off and landing (eVTOL) aircraft developer, SkyDrive Inc has signed a memorandum of understanding (MOU) with six Singapore-based technology companies for joint research, development and technical validation of key eVTOL components.
KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit opened higher against the US dollar for the 10th consecutive trading day on Friday, reflecting sustained positive sentiment towards the local currency at the start of trading.
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.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 29 (Bernama) -- The Kuala Lumpur rubber market ended lower on Thursday, tracking losses in regional rubber futures and a decline in benchmark crude oil prices, a dealer said.
SUBANG JAYA, Oct 29 (Bernama) -- Malaysia’s iron and steel industry can seize opportunities to shift to higher-value production by supplying the automotive, data centre, and aerospace sectors, Deputy Investment, Trade and Industry Minister Sim Tze Tzin said.
KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit opened higher against the US dollar on Thursday, supported by the possibility of overnight policy rate (OPR) normalisation at Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting next week.
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.
KUALA LUMPUR, Oct 28 (Bernama) -- Japanese hotel operator, Pacifica Hotels G.K. has signed a franchise agreement with Marriott International to open a Courtyard by Marriott hotel in Takayama, Gifu prefecture, in autumn 2028.