KUALA LUMPUR, Feb 20 — The ringgit continued its uptrend from earlier today to end higher against the US dollar, supported by the positive performance of commodity prices, analysts said.

KUALA LUMPUR, Feb 20 — Malaysia will continue to focus on managing external challenges and the ramifications for the domestic economy this year, said International Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

KUALA LUMPUR, Feb 20 — MIDF Research is keeping its projection for both exports and imports to expand at 9.2 per cent and 9.5 per cent year-on-year (y-o-y) respectively despite the slower-than-expected trade recorded in January.

KUALA LUMPUR, Feb 20 — The Malaysian bourse may attract more trading interest ahead of the announcement of Budget 2023 scheduled for February 24, according to Kenanga Research today.

KUALA LUMPUR, Feb 20 — Foreign funds have returned to the domestic market after RM195.3 million worth of Malaysian equities were net bought last week compared to net selling of RM512.3 million a week before, said MIDF Research.

KUALA LUMPUR, Feb 20 — Trading on Bursa Malaysia was cautious at the opening on Monday, taking the cue from a mixed Wall Street performance last Friday (February 17).

KUALA LUMPUR, Feb 20 — 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, Feb 20 — The ringgit recovered to open higher against the US dollar today on renewed buying interest ahead of the scheduled release of minutes from the US Federal Open Market Committee meeting and personal consumption expenditures (PCE) reading this week, said an analyst.

SYDNEY, Feb 20 — Asian shares got off to a subdued start on Monday as a US holiday made for slow trading ahead of minutes of the last Federal Reserve meeting and a reading on core inflation that could add to the risk of interest rates heading higher for longer.

KUALA LUMPUR, Feb 18 — The ringgit is projected to hover at the current 4.42-4.45 range against the US dollar next week amid rising risks of a longer interest rate cycle after another hot inflation report.

KUALA LUMPUR, Feb 17 — Bank Negara Malaysia (BNM) has advised members of the public to carefully study the product terms and conditions of SLoan for Sellers, a loan service offered by online shopping platform Shopee.

KUALA LUMPUR, Feb 17 — The ringgit extended losses against the US dollar for the third straight day after another US hot inflation report further confirmed the possibility of a ‘higher for longer' interest rate path.

KUALA LUMPUR, Feb 17 — Sime Darby Plantation Bhd (SDP) is hoping to get 5,000 more workers from Indonesia, thus resolving its labour shortage by the first half of 2023.

KAMPAR, Feb 17 — China and Malaysia witnessed frequent and close high-level exchanges in 2022 with bilateral trade between the two countries reaching a record high of US$203.6 billion (RM899.9 billion), said Chinese Ambassador to Malaysia Ouyang Yujing.

KUALA LUMPUR, Feb 17 — Malaysia’s gross output expanded by RM307.6 billion or 10.6 per cent to RM3.21 trillion in 2021 from RM2.90 trillion in 2020, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Feb 17 — The ringgit has continued to weaken against the US dollar this morning as buying interest for the greenback increased.

KUALA LUMPUR, Feb 17 — Bursa Malaysia has continued its downtrend to open lower today, taking its cue from the negative Wall Street performance amidst cautious market sentiments.

NEW YORK, Feb 17 — Oil prices fell on Thursday, weighed by a large build in US crude stockpiles, reported Xinhua.

PUTRAJAYA, Feb 16 — Malaysia's labour productivity as expressed in terms of value added per employee in the fourth quarter of last year rose 3.6 per cent in line with an economic expansion in that period.

KUALA LUMPUR, Feb 16 — The ringgit reversed its downtrend and appreciated by 10 per cent from November 1, 2022 to February 8, 2023 to hit RM4.2983 against the US dollar, according to the Ministry of Finance (MoF).