KUALA LUMPUR, April 19 — Bursa Malaysia started the morning trading in positive territory, attributed to broad-based buying in response to the regional recovery, while investors were observed to be focusing on counters with high cash reserves.
WASHINGTON, April 18 — The International Monetary Fund (IMF) urged Asian central banks to focus on domestic inflation and avoid tying their policy decisions too closely to anticipated moves by the US Federal Reserve (Fed).
KUALA LUMPUR, April 18 — MIDF Research has maintained a positive outlook on the property sector as it sees the landscape for the sector is improving, underpinned by a stable House Price Index (HPI) outlook, an unchanged overnight policy rate at 3.0 per cent, and a noticeable reduction in residential overhang.
KUALA LUMPUR, April 18 — The ringgit extended Wednesday’s gains to open higher against the US dollar today as the greenback retreated from multi-month highs after a pullback in US Treasury yields, said an analyst.
KUALA LUMPUR, April 17 — The retail prices of RON97 and RON95 petrol as well as diesel will remain unchanged at RM3.47, RM2.05 and RM2.15 per litre respectively from April 18 to April 24.
By Zufazlin Baharuddin KUALA LUMPUR, April 17 — The ringgit remains resilient despite the strengthening US dollar amid expectations that the US Federal Reserve would maintain interest rates higher for longer. Economist Geoffrey Williams said all currencies are suffering against the greenback...
KUALA LUMPUR, April 17 — The ringgit closed firmer against the US dollar on Wednesday as it staged a technical rebound after three days of losses, said an analyst.
KUALA LUMPUR, April 17 — The International Monetary Fund (IMF) has revised the outlook for Malaysia’s real gross domestic product (GDP) by a notch to 4.4 per cent this year from its earlier prediction of 4.3 per cent.
KUALA LUMPUR, April 17 — The ringgit opened higher against the US dollar today although the greenback’s appeal as a safe-haven currency remained firm amid the risk-averse sentiment surrounding the market.
KUALA LUMPUR, April 16—The ringgit continued its downtrend today to end lower against the greenback due to continued positive sentiment for the US dollar, which was bolstered by strong United States retail sales data in March amid concerns over Middle East tension.
PUTRAJAYA, April 16 — Ongoing tensions in the Middle East, with the potential for further escalation, are poised to drive crude oil prices higher — a development that could significantly benefit net-exporting oil-producing countries, according to economists.
KUALA LUMPUR, April 16 — The ringgit opened lower against the US dollar for the second consecutive day today as the greenback strengthened following robust US retail sales data for March, said an analyst.
KUALA LUMPUR, April 15 — The East Coast Rail Link-Economic Accelerator Projects (ECRL-EAPs) is set to boost socio-economic activities within various sectors such as construction, tourism, trade and industrial development, said the Malaysian Investment Development Authority (Mida).
KUALA LUMPUR, April 15 — Local institutions remained as net buyers on Bursa Malaysia for the seventh consecutive week, snapping up RM430.7 million worth of domestic equities, according to MIDF Research.
KUALA LUMPUR, April 15 — The ripple effects of higher oil prices on Asia Pacific (Apac) economies and globally are expected to be felt if the current development of Middle East tension is not defused soon, said a research house.
KUALA LUMPUR, April 15 — The ringgit opened slightly lower against the US dollar on Monday as the greenback’s appeal as a safe haven currency had strengthened amidst the current development in the Middle East conflict, said an analyst.
KUALA LUMPUR, April 15 — Bank Negara Malaysia (BNM) stands ready to deploy the tools at its disposal to ensure the Malaysian financial markets remain orderly and continue to function efficiently in light of the current geopolitical situation.
KUALA LUMPUR, April 13 — The ringgit is expected to remain soft and trade around RM4.76 against the US dollar next week ahead of talks by US Federal Reserve (Fed) officials on inflation and retail sales data.
KUALA LUMPUR, April 12 — Malaysia’s vibrant semiconductor industry has been the talk of the town of late as the country emerges as a new semiconductor powerhouse with the global spotlight on Penang.
KUALA LUMPUR, April 12—Prime Minister Datuk Seri Anwar Ibrahim said he is confident in Malaysians’ ability to realise the country’s potential in economic development, especially in high-value investments.
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