KUALA LUMPUR, May 19 — The ringgit opened slightly higher against the US dollar in early trade today, as the latter's performance was pulled by the lower-than-expected US Building Permits, a key indicator of demand in the housing market, and weaker dollar index.
KUALA LUMPUR, May 18 — Banks in Malaysia's with A3 stable outlook are benefitting from a diversified and competitive economy with ample natural resources, Moody's Investors Service said.
KUALA LUMPUR, May 18 — Bursa Malaysia rebounded to open higher on Tuesday on bargain-hunting activities.
KUALA LUMPUR, May 18 — The ringgit strengthened against the US dollar in the early session today as the latter has been trading broadly weaker in the wake of last week's sub-par US retail sales data.
KUALA LUMPUR, May 17 — The total global debt rose a record US$24 trillion in 2020, pushing global leverage up a staggering 34 percentage points to a new high of 366 per cent of gross domestic product (GDP).
KUALA LUMPUR, May 17 — The ringgit opened easier against the US dollar on Monday as the local currency continued to struggle amid concerns over the Covid-19 death toll, mobility restrictions and vaccination deployment, all of which have surfaced as short-term threats to the local economy.
PUTRAJAYA, May 10 — The economic sector recorded 177,900 job vacancies in the first quarter of 2021, up by 7.2 per cent as compared to the same quarter of the preceding year, according to the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, May 10 — Malaysia’s gross domestic product (GDP) is likely to have grown by 0.5 per cent quarter-on-quarter in the first quarter of 2021 (Q1 2021), compared to the 0.3 per cent contraction seen in Q4 2020, said Moody's Analytics.
KUALA LUMPUR, May 10 — The ringgit has opened the week on a positive note, supported by a broadly weaker US dollar, higher oil prices and an enduring global economic recovery despite the "swing and a miss" on Friday's US jobs report, said an analyst.
KUALA LUMPUR, May 6 — The ringgit reversed its gains to open slightly lower against the US dollar today, as traders were seen adopting a wait-and-see approach due to the enforcement of the movement control order (MCO) 3.0, a dealer said.
KUALA LUMPUR, May 5 — The ringgit extended its gains against the US dollar for the second consecutive day, buoyed by the stronger Brent crude oil price, a dealer said.
KUALA LUMPUR, May 4 — The ringgit has opened stronger against the US dollar today, thanks to the rise in Brent crude oil price, dealers said.
KUALA LUMPUR, May 3 — Banks will remain cautious on loan approvals as approval rates fell to 40.6 per cent in the first quarter of 2021 compared to 44.1 per cent in the same period in 2020, said MIDF Research.
KUALA LUMPUR, April 27 — The Ministry of Rural Development has agreed to coordinate the distribution of dividends of RM189.08 million through the Rubber Industry Smallholders Development Authority (Risda) and Felcra Bhd, said Prime Minister Tan Sri Muhyiddin Yassin.
KUALA LUMPUR, April 27 — PropertyGuru Malaysia has reported that the overall property asking prices have decreased by 0.84 per cent quarter-on-quarter (q-o-q) and 1.79 per cent year-on-year (y-o-y) to 87.86 index points in the first quarter of 2021, due to buyers' apprehension.
KUALA LUMPUR, April 27 — The ringgit opened marginally lower against the US dollar today as the focus has now shifted towards the US Federal Reserve’s Open Market Committee (FOMC) meeting later today, an analyst said.
KUALA LUMPUR, April 26 — The ringgit further strengthened its position against the US dollar in early session today from Friday’s close, riding on the weakening greenback as the US Treasury yields eased below 1.6 per cent, said an analyst.
KUALA LUMPUR, April 22 — As the aviation world is getting ready for a rebound post-pandemic, demand for aircraft purchases will largely be focused on models that are more economical to the airlines’ pocket and long-term sustainability.
KUALA LUMPUR, April 22 — The ringgit opened marginally higher against the US dollar this morning but remained in a relatively tight trading range due to weak oil prices, which were offset by better risk sentiment and a slightly weaker US dollar.
KUALA LUMPUR, April 21 — The ringgit opened marginally lower against the US dollar at opening today due to concerns over the Covid-19 pandemic in the region, as well as the hawkish US Federal Reserves tone that validated a bullish US dollar view, a dealer said.
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