KUALA LUMPUR, Oct 14 — The ringgit ended lower against the US dollar today, as the greenback stayed firm amid persistent concerns over more hawkish interest rate hikes by the Federal Reserve (Fed) in the coming months, an analyst said.

SINGAPORE, Oct 14 — Singapore's central bank on Friday tightened monetary policy for the fourth time this year to rein in inflation running near a 14-year high, and left the door open for further policy action amid upside risks to the price outlook and global uncertainty.

WASHINGTON, Oct 14 — The global economy is "dangerously close" to a recession, as inflation remains elevated, interest rates rise, and growing debt burden hits the developing world, World Bank President David Malpass said Thursday.

KUALA LUMPUR, Oct 14 — The ringgit depreciated to a fresh all-time low against the US dollar at the opening today, due to the higher-than-expected reading of the United States (US) Consumer Price Index (CPI) data, which signals that a significant increase in the US interest rate might be on its way, a dealer said.

KUALA LUMPUR, Oct 13 (Bernama) — The ringgit continued its slide against the US dollar at the close today as the greenback stayed strong after the US Federal Open Market Committee (FOMC) minutes indicated that it remained committed to raising interest rates in order to bring down inflation.

KUALA LUMPUR, Oct 13 — The ringgit opened lower against the US dollar this morning amidst the higher-than-expected United States Producer Price Index (PPI) data for September, which came in at 8.5 per cent versus 8.4 per cent forecast, said a dealer.

PUTRAJAYA, Oct 12 — The government continues with the maximum chicken and egg price determination implementation period effective today, with the maximum price of chicken and retail price of eggs maintained.

KUALA LUMPUR, Oct 12 — The ringgit continued its downtrend against the US dollar at the close today as the greenback continued its ascent on safe-haven asset demand ahead of the release of the minutes of the US Federal Open Market Committee (FOMC) meeting later today.

KUALA LUMPUR, Oct 12 — The prices of RON97 petrol, RON95 petrol and diesel will remain unchanged from October 13 to October 19, 2022 said the Ministry of Finance in a statement today.

KELANA JAYA, Oct 12 — Malaysian developers remain mostly neutral about the property industry’s outlook and the economic environment in the second half of 2022 (H2 2022) and H1 2023, the Real Estate and Housing Developers’ Association Malaysia (Rehda) said.

KUALA LUMPUR, Oct 12 — The Industrial Production Index (IPI) soared 13.6 per cent in August 2022 as compared to the same month of the previous year, the Department of Statistics (DOSM) said.

KUALA LUMPUR, Oct 12 — Malaysia’s manufacturing sales value in August 2022 expanded 24.4 per cent to RM157.4 billion.

KUALA LUMPUR, Oct 12 — The sales value of wholesale and retail trade in Malaysia set a new record again in August 2022, rallying 33.7 per cent year-on-year to RM133.7 billion, the Department of Statistics Malaysia (DOSM) said.

KUALA LUMPUR, Oct 12 — Loan applications data remains stable in August 2022, indicating that demand for property was unaffected by the overnight policy rate (OPR) hike, as it was supported by the reopening of the economy, a research house said.

KUALA LUMPUR, Oct 12 — The ringgit opened flat against the US dollar this morning as investors await further market catalysts ahead of the guidance from the United States (US) Federal Open Market Committee (FOMC) meeting minutes, said a dealer.

KUALA LUMPUR, Oct 11 — The ringgit slipped further against the US dollar at the close today in line with most Asian currencies, as the greenback continued to strengthen its appeal as a safe haven currency, an analyst said.

KUALA LUMPUR, Oct 11 — MIDF Research expects external factors to continue to hold sway over equity market sentiment despite the onset of the 15th General Election.

KUALA LUMPUR, Oct 11 — The unit price indices of building materials increased between four and 12.7 per cent in September 2022 compared to a year earlier, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Oct 11 — The ringgit opened lower against the US dollar this morning following the higher-than-expected non-farm payrolls (NFP) data for September, which further attests to the scenario of a strong economic recovery in the United States (US), said a dealer.

KUALA LUMPUR, Oct 10 — The restriction on the export of live commercial broilers will be eased in phases starting tomorrow (Oct 11), said Minister of Agriculture and Food Industries Datuk Seri Ronald Kiandee.