KUALA LUMPUR, April 27 — The ringgit opened higher against the US dollar today on renewed demand for the local note amid the recovery in global crude oil prices.
KUALA LUMPUR, April 24 — The ringgit reversed yesterday’s gains to open easier today on renewed concerns over the economic impact of Covid-19, despite the recovery of global crude oil prices.
WASHINGTON, April 24 — Asia equities face a bumpy session today after Wall Street pared early gains as optimism over a rebound in oil prices and prospects for further government stimulus were offset by stark economic data showing the toll of the coronavirus pandemic.
KUALA LUMPUR, April 23 — Economic activities, including trade and investment, are expected to fully rebound by the third quarter of 2020 (Q3) and further strengthen through 2021, based on the Malaysian Institute of Economic Research (MIER) best-case scenario.
KUALA LUMPUR, April 23 — The decision to lift the movement control order (MCO), which is currently on its third phase, must be carefully made and directly communicated to the public, says the Malaysian Institute of Economic Research (MIER).
TOKYO, April 23 — The coronavirus pandemic battered Asian economies in April with social-distancing policies and business closures taking a particularly heavy toll on the region’s service sector firms, surveys showed today.
KUALA LUMPUR, April 23 — The ringgit opened 0.23 per cent higher against the US dollar today as the improving crude oil prices painted a more friendly outlook for the medium term.
KUALA LUMPUR, April 23 — Bursa Malaysia extended yesterday’s upswing to open higher today in line with most Asian markets, pushed by overnight gains on the Wall Street and positive investors’ reactions on earnings reports as well as signs of the easing of Covid-19 outbreak.
PUTRAJAYA, April 22 — The international reserves of Bank Negara Malaysia (BNM) amounted to US$102 billion as at April 15.
TOKYO, April 22 — Asian share markets slipped to two-week lows today as the floor fell out from under crude prices, exposing the deep economic damage wrought by the global coronavirus health crisis.
KUALA LUMPUR, April 22 — Bursa Malaysia opened lower today as heightening concerns over the global economic outlook prompted more selling activities across the board, dealers said.
KUALA LUMPUR, April 22 — The International Air Transport Association (IATA) has called on governments to work with the industry on confidence-boosting measures in the face of an anticipated slow recovery in demand for air travel.
KUALA LUMPUR, April 21 — As Covid-19 continued to weaken the global economy, economic spillovers from country-specific shocks are quickly escalating into second-round of shocks that dampened Asia Pacific’s recovery from the pandemic.
NEW YORK, April 21 — US oil prices crashed to the negative territory for the first time in history on Monday, fueled by pandemic-related demand shock and oversupply fears, reported Xinhua news agency.
KUALA LUMPUR, April 21 — Malaysia attracted RM207.9 billion worth of approved investments in the manufacturing, services and primary sectors last year, up 1.7 per cent compared to 2018.
KUALA LUMPUR, April 21 — The chaotic overnight session in crude oil markets had sent the ringgit to open marginally lower today.
KUALA LUMPUR, April 20 — The ringgit moved slightly weaker against the US dollar at closing today tracking the continued depreciation in oil prices, analysts said.
KUALA LUMPUR, April 20 — AirAsia counters emerged as among the most active stocks on Bursa Malaysia today after the low-cost carrier announced it will resume its scheduled domestic flights, beginning with Malaysia on April 29.
KUALA LUMPUR, April 20 — Bursa Malaysia extended last week’s gain to open higher today, with the composite index rising 1.19 per cent on the back of positive market sentiment following a strong performance on the Wall Street last week.
KUALA LUMPUR, April 17 — Bank Negara Malaysia (BNM) has reaffirmed its commitment to ensure sufficient ringgit liquidity in the onshore market.
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