KUALA LUMPUR, April 18 — The ringgit continued to slide against the US dollar in the early session today as the local currency remained in an overbought position ahead of an expected rise in US interest rates in May, said an analyst.
KUALA LUMPUR, April 17 — The ringgit extended last Friday's weak sentiment and closed lower on Monday as uncertainty surrounding the US currency faded, supporting the US dollar and leading to market expectations of another round of interest rate hikes in the United States.
KUALA LUMPUR, April 17 — The ringgit opened easier against the US dollar on Monday amidst dovish market sentiments, which could affect the regional central banks' stance on monetary policies, said an analyst.
KUALA LUMPUR, April 15 — The ringgit is expected to trade with upside bias against the US dollar next week, moving in the range of 4.3750 to 4.4000, an analyst said.
KUALA LUMPUR, April 14 — The ringgit ended easier against the US dollar today despite a weaker greenback which continued to slide on heightened expectations of a pause to the United States (US) Federal Reserve’s (Fed) rate-hike cycle amid signs of cooling inflation, analysts said.
KUALA LUMPUR, April 14 — The ringgit opened higher against the greenback for the third consecutive day, as the US dollar had slipped following a surprising decline in the United States’ (US) producer price index (PPI) in March, said an analyst.
KUALA LUMPUR, April 13 — The ringgit made additional gains against the US dollar at close today as the greenback weakened after the release of the United States (US) Consumer Price Index (CPI) data and the Federal Open Market Committee (FOMC) meeting minutes, analysts said.
KUALA LUMPUR, April 13 — The ringgit opened higher against a weaker US dollar on Thursday, following the release of the United States (US) inflation data, said an analyst.
SINGAPORE, April 13 — Petroliam Nasional Berhad aims to restart a gas pipeline currently under force majeure by the first quarter of 2024, a senior company executive said on Wednesday (April 12).
KUALA LUMPUR, April 12 — The ringgit snapped a three-day losing streak to end higher against the US dollar today as the greenback retreated ahead of the release of the United States (US) Consumer Price Index (CPI) data later today, analysts said.
KUALA LUMPUR, April 12 — The retail prices of RON97 and RON95 petrol and diesel will remain unchanged for the week from April 13 to April 19.
KUALA LUMPUR, April 12 — Malaysia Airports Holdings Bhd (MAHB) announced that the issue price of its new ordinary shares, according to the dividend reinvestment plan (DRP), was fixed today at RM6.06 per share.
KUALA LUMPUR, April 12 — Malaysia’s natural rubber (NR) production decreased by 7.6 per cent to 27,209 tonnes in February 2023 from 29,451 tonnes in January 2023, said the Department of Statistics Malaysia (DoSM).
KUALA LUMPUR, April 12 — The ringgit rebounded to open higher against the US dollar on Wednesday, as investors await more clues on the pace of inflation in the United States (US) from the March Consumer Price Index (CPI), said an analyst.
SEREMBAN, April 11 — There are 901 Rahmah Ramadan Bazaar (BRR) traders who have registered with the Ministry of Domestic Trade and Cost of Living to implement the Menu Rahmah initiative so far, said Minister Datuk Seri Salahuddin Ayub.
PUTRAJAYA, April 11 — Padiberas Nasional Bhd (Bernas) has channelled another RM20 million in donations to the Agriculture and Food Security Ministry that will be distributed to padi farmers in four states, Kedah, Perlis, Penang and Selangor.
KUALA LUMPUR, April 11 — The ringgit ended lower against the American dollar today, continuing its downtrend as the greenback stayed firm ahead of the release of US inflation data tomorrow which may strengthen the case for a Federal Reserve (Fed) rate hike in May, analysts said.
KUALA LUMPUR, April 11 — MIDF Research is optimistic that 2023’s retail trade growth will be able to touch +8.9 per cent, considering the macroeconomic outlook and improving domestic fundamentals.
KUALA LUMPUR, April 11 — Malaysia's Industrial Production Index (IPI) improved to 3.6 per cent in February 2023 based on a year-on-year change against the same month in 2022, with January 2023 recording a modest 1.8 per cent growth against January 2022.
KUALA LUMPUR, April 11 — The monthly sales value of wholesale and retail trade grew 14.7 per cent to RM134.3 billion in February 2023, according to the Department of Statistics Malaysia (DOSM).
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