KUALA LUMPUR, Aug 2 — The ringgit opened lower against the US dollar in early trade today, due to the lack of interest.

KUALA LUMPUR, August 1 — The ringgit retreated to close lower against the greenback today, along with other emerging currencies, due to concerns over China's weak economic data, an analyst said.

TOKYO, Aug 1 — Asian stocks edged toward a 16-month peak today and oil held near recent highs as investors began to find more cause for cheer over global economic prospects than reasons to worry, even as data showed risks remain.

KUALA LUMPUR, July 31 — Bursa Malaysia Bhd posted a higher net profit of RM76.25 million for the second quarter ending June 30, 2023 (2Q FY2023) compared to RM59.47 million in the same period a year earlier due to lower operating expenses.

KUALA LUMPUR, July 31 — Foreign investors continued their buying spree on Bursa Malaysia for the third consecutive week, snapping up equities worth RM637.8 million last week — the highest since more than a year ago when they net bought RM1.18 billion during the week ending March 18, 2022.

KUALA LUMPUR, July 29 — The ringgit is likely to stay at the current level against the US dollar next week, with a slightly negative bias at RM4.54 to RM4.56 due to robust US macro data, said an analyst.

KUALA LUMPUR, July 28 — The ringgit closed lower against the greenback today, weighed by a stronger US dollar, due to better macro data from the United States (US) and renewed interest in safe haven currencies, an analyst said.

KUALA LUMPUR, July 28 — MIDF Research looks upon with favour the government’s initiatives for the nation’s orderly energy transition through the launch of Phase 1 of the National Energy Transition Roadmap (NETR), from the oil and gas (O&G) sector’s perspective.

KUALA LUMPUR, July 27 — The recent prints showing easing inflation and an improving labour market are positive indicators for the Malaysian economy, the Department of Statistics Malaysia (DOSM) said.

KUALA LUMPUR, July 27 — Malaysia’s export and import unit value indices rose a marginal 0.1 per cent and 0.4 per cent, respectively, in June 2023, Statistics Department Malaysia (DOSM) reported today.

KUALA LUMPUR, July 27 — Malaysia’s micro, small-and-medium enterprises (MSME) achieved a Gross Domestic Product (GDP) growth of 11.6 per cent in 2022, surpassing the national GDP growth of 8.7 per cent, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, July 27 — Malaysia’s total trade for June 2023 amounted to RM222.1 billion (May 2023: RM223.8 billion) with exports and imports recorded RM124.0 billion and RM98.2 billion, respectively, the Statistics Department Malaysia (DOSM) said.

KUALA LUMPUR, July 27 — Malaysia’s Producer Price Index (PPI) decreased further by -4.8 per cent year-on-year (y-o-y) in June 2023 against -4.6 per cent in May, the Department of Statistics Malaysia (DOSM) reported today.

KUALA LUMPUR, July 27 — The US Federal Reserve (Fed) is nearing the end of its tightening cycle after it raised the Fed funds rate (FFR) by an additional 25 basis points (bps) to a range of 5.25 per cent to 5.50 per cent, the highest in 22 years, MIDF Research said.

KUALA LUMPUR, July 27 — Bank Negara Malaysia (BNM) and the Securities Commission (SC) have been taking steps to ensure the sustainability and effectiveness of the Islamic finance system by raising the standards to not only halal but also halalan thoyyiban (lawful and good).

KUALA LUMPUR, July 27 — The ringgit opened on a strong note against the US dollar as well as several major Asian and non-Asian currencies today, while the greenback weakened after the United States (US) Federal Reserve (Fed) raised its key interest rates to a 22-year high.

KUALA LUMPUR, July 26 — The ringgit continued to strengthen against the US dollar at the close today, lifted by the positive report by the International Monetary Fund (IMF) that has raised its global economic growth forecast for 2023, said an analyst.

KUALA LUMPUR, July 26 — Malaysia - Taiwan bilateral trade grew 36.2 per cent to a total of US$36.6 billion (RM166.8 billion) in 2022 supported by global supply chain demand.

KUALA LUMPUR, July 26 — The retail prices of RON97 and RON95 petrol as well as diesel will remain unchanged for the July 27 to August 2 period.

KUALA LUMPUR, July 26 — Prime Minister Datuk Seri Anwar Ibrahim is set to launch "Madani Economy: Empowering the People" which will steer the economy to safeguard the country’s future.