KUALA LUMPUR, March 17 — The ringgit improved marginally against the US dollar at the opening today as major central banks are being more cautious in their monetary tightening strategy in light of the concern in the banking sector, said an analyst.

NEW YORK, March 17 — The US dollar weakened in late trading on Thursday, amid an upward momentum in the euro.

KUALA LUMPUR, March 16 — The government will focus on three main issues this year to achieve high-income nation status by 2026, including fiscal strengthening by focusing on increasing revenue and spending rationalisation, including more targeted subsidies.

KUALA LUMPUR, March 16 — The ringgit snapped its three-day gaining streak to end lower against the US dollar today amid lingering uncertainty over the global banking system, said an analyst.

KUALA LUMPUR, March 16 — Small farmers deserve to be treated fairly and must be exempted from the European Union Deforestation-free Regulation’s (EUDR) unrealistic demands, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

KUALA LUMPUR, March 16 — Top Glove Corporation Bhd registered a net loss of RM164.67 million in the second quarter of financial year 2023 (2Q FY2023) ended February 28, 2023, compared to a net profit of RM87.55 million posted on 2Q FY2022.

KUALA LUMPUR, March 16 — The ringgit retreated from its gains yesterday to open lower against the US dollar as the greenback regained its strength amidst the turbulence at Credit Suisse, triggering fears of a banking crisis, said an analyst.

KUALA LUMPUR, March 15 — The retail prices of RON97, RON95 petrol and diesel will remain unchanged for the week from March 16 to March 22.

KUALA LUMPUR, March 15 — The ringgit ended marginally higher against the US dollar as investors continued to favour the local currency in anticipation of a dovish rate hike in the United States (US), said an analyst.

KUALA LUMPUR, March 15 — The ringgit has extended its uptrend against the US dollar this morning in anticipation of softer interest rate hikes in the United States (US), after the latest US inflation data showed a declining trend.

KUALA LUMPUR, March 14 — The ringgit extended its gains to end higher against the US dollar today after investors retreated from safe haven currencies due to market uncertainties, said an analyst.

KUALA LUMPUR, March 14 — Almost 80 per cent of the labour shortage in the plantation industry has been resolved so far with the remaining underway, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

KUALA LUMPUR, March 14 — Bursa Malaysia remained lower at mid-morning, dampened by continuous selling in heavyweight stocks led by financial services as well as industrial products and services, a dealer said.

KUALA LUMPUR, March 14 — Short-term rates are expected to remain stable today on Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.

KUALA LUMPUR, March 14 — Bursa Malaysia opened lower on Tuesday, tracking Wall Street's choppy session as the United States (US) banking sector came under scrutiny following the collapse of Silicon Valley Bank and Signature Bank, said an analyst.

KUALA LUMPUR, March 14 — The ringgit rose against the US dollar at the open today as the greenback weakened after banking-related stocks in the United States (US) fell sharply amid concern over the collapse of Silicon Valley Bank (SVB), said an analyst.

KUALA LUMPUR, March 13 — The government has paid 1Malaysia Development Bhd’s (1MDB) totalling RM43.8 billion with a debt balance that has not been paid amounting to RM9.7 billion, involving a principal of RM5 billion and RM4.7 billion interest, said Deputy Finance Minister Datuk Seri Ahmad Maslan.

KUALA LUMPUR, March 13 — The collapse of Silicon Valley Bank (SVB) in the United States will not have a direct or major impact on the local bourse or Malaysian companies, said an analyst.

KUALA LUMPUR, March 13 — Malaysia’s retail trade growth forecast will be able to touch 8.9 per cent for 2023 driven by the pent-up demand for the year underpinned by improving labour market, stable inflationary pressure, accommodative economic policies and an uptick in the tourism industry, MIDF Research said.

KUALA LUMPUR, March 13 — The ringgit ended higher against the US dollar today as investors remained cautious ahead of the United States' (US) inflation data due to be released this week, said an analyst.