KUALA LUMPUR, April 10 — The ringgit continues yesterday’s upward momentum to trade higher against the US dollar in the early session today on a broadly weaker greenback following the announcement of new facilities by the US Federal Reserve (Fed).

KUALA LUMPUR, April 9 — Bursa Malaysia rebounded at the opening, tracking the overnight surge on Wall Street on hopes that the Covid-19 pandemic is nearing its peak in the United States.

KUALA LUMPUR, April 9 — The ringgit traded higher against the US dollar in the early session today lifted by improved global sentiment in the equities and commodities market ahead of Organisation of Petroleum Exporting Countries (OPEC) meeting later today.

KUALA LUMPUR, April 8 — The ringgit fell against the US dollar at the close today amid cautious sentiment in the oil market ahead of the anticipated OPEC+ meeting on Thursday.

KUALA LUMPUR, April 8 — Sectors hit hardest by the Covid-19 pandemic are likely to see the strongest recovery as pent-up demand is released and production ramps up, but this is provided the supply chain is fixed, according to a report by Baker McKenzie and Oxford Economics.

MOSCOW, April 8 — The coronavirus pandemic may cost the Asia-Pacific region 0.8 per cent of the gross domestic product or, equivalently, US$172 billion due to weakened global demand for their exports alone, the UN Economic and Social Commission for Asia and the Pacific (ESCAP) said in a report published on Wednesday.

KUALA LUMPUR, April 8 — Bursa Malaysia slipped into the red at the opening today, tracking overnight losses on the Wall Street as fears on the rapid spread and rising death toll due to Covid-19 continue to weigh on the market sentiment.

KUALA LUMPUR, April 8 — The ringgit traded lower against the US dollar today despite a broad overnight greenback retracement with the focus back to the sliding crude oil prices and the Organisation of Petroleum Exporting Countries (OPEC) meeting this Thursday.

NEW YORK, April 8 ― World stock markets rose yesterday led by gains in Europe and Asia as signs of progress in curbing the spread of the novel coronavirus fuelled investors' appetite for risk, though a steep, late sell-off on Wall Street erased gains in US stocks.

KUALA LUMPUR, April 7 — Bank Negara Malaysia’s (BNM) international reserves amounted to RM441.4 billion as at March 31, 2020.

SINGAPORE, April 7 — Asian stock markets rallied for a second day today, and riskier currencies rose, buoyed by tentative signs the coronavirus crisis may be levelling off in New York and receding in Europe.

KUALA LUMPUR, April 7 — Bursa Malaysia opened higher today as the market rejoiced over the government's RM10 billion special stimulus package targeted at the small and medium-sized enterprises (SMEs), the backbone of the country's economy.

KUALA LUMPUR, April 7 — The government’s direct fiscal injection to stimulate the economy has increased to RM35 billion after the announcement of the RM10 billion PRIHATIN Package for SMEs (Additional Measures) made by Prime Minister Tan Sri Muhyiddin Yassin yesterday.

NEW YORK, April 7 — Oil prices slumped yesterday, pulling back from last week's gains after Saudi Arabia and Russia delayed a meeting of oil producers aimed at resolving growing worldwide oversupply as the coronavirus pandemic pummels demand.

KUALA LUMPUR, April 6 — The government will continue to exercise prudent financial management together with high fiscal discipline to ensure that the nation’s financial position remains strong and under control, said Prime Minister Tan Sri Muhyiddin Yassin.

KUALA LUMPUR, April 6 — The ringgit traded lower against the US dollar today as the safe-haven greenback remained steady across the board amid ongoing risk aversion that dampens demand for riskier currencies.

NEW YORK, April 6 — Global benchmark oil prices traded as much as US$3 a barrel lower as the market opened for Monday’s trading session, reflecting fears of oversupply after Saudi Arabia and Russia postponed to Thursday a meeting about a potential pact to cut production.

KUALA LUMPUR, April 5 — The government is fully aware of the need to be agile and to respond swiftly to the Covid-19 threat in the country, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

KUALA LUMPUR, April 3 — The ringgit ended lower against the US dollar on firmer demand for the greenback, as investors sought the safe haven currency amid worries over worsening global economic outlook due to the Covid-19 pandemic.

KUALA LUMPUR, April 3 — Bank Negara Malaysia (BNM) has intensified its engagements with financial institutions on improving approaches to the measurement of operational risk as well as scenario analysis and stress testing.