KUALA LUMPUR, Aug 19 —  Moody’s Analytics is expecting the global real gross domestic product (GDP) to rebound 5.7 per cent in 2021, following the historic 3.6 per cent contraction in 2020.

KUALA LUMPUR, Aug 19 — The ringgit opened lower against the US dollar today due to easier oil prices and the strengthening greenback following the strong demand for the United States (US) Treasuries’ US$27 billion 20-year bond sale.

KUALA LUMPUR, Aug 18 — The ringgit opened easier versus the US dollar today on the lack of buying interest as investors’ sentiment remained cautious amidst the uncertainties due to the local political development.

KUALA LUMPUR, Aug 17 — The ringgit opened marginally lower against the US dollar today as political uncertainties weighed on market sentiment, said an analyst.

KUALA LUMPUR, Aug 16 — Malaysia remains on the right trajectory for further economic recovery boosted by the surge in external demand supported by electrical and electronics (E&E), petroleum, rubber products, palm oil and chemical products, the Ministry of International Trade and Industry (Miti) said.

KUALA LUMPUR, Aug 16 — The ringgit opened lower against the US dollar, influenced by the weak sentiment as investors retreated to the sidelines while awaiting political developments in the country today, said an analyst.

KUALA LUMPUR, Aug 13 — Malaysia’s Current Account Balance (CAB) posted a surplus of RM14.4 billion in the second quarter of 2021 (Q2 2021), rising by 17.2 per cent from RM12.3 billion in Q1 2021, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Aug 13 — Malaysia's services sector, which was the main contributor to Malaysia’s economy, grew 13.4 per cent in the second quarter of 2021 (Q2 2021) compared to a contraction of 2.3 per cent in the first quarter of 2021 (Q1 2021), said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Aug 13 — Malaysia’s economic growth for 2021 is now projected to be between three and four per cent, slower than the earlier projection of between six and seven per cent, said Bank Negara Malaysia Governor Datuk Nor Shamsiah Mohd Yunus.

KUALA LUMPUR, Aug 13 — The Malaysian economy grew by 16.1 per cent in the second quarter (Q2 2021) year-on-year compared with -0.5 per cent in the first quarter of the year, supported mainly by the improvement in domestic demand and continued robust exports performance, said Bank Negara Malaysia today.

KUALA LUMPUR, Aug 12 — Total jobs in the economic sector were lower by 0.4 per cent to 8.35 million in the second quarter of 2021 (Q2 2021), the Department of Statistics Malaysia (DOSM) reported today.

KUALA LUMPUR, Aug 9 — The ringgit opened the week on a weaker note as investors continued to worry over Malaysia’s highest daily Covid-19 cases.

KUALA LUMPUR, Aug 4 — Airline industry statistics have confirmed that 2020 was the worst year on record, said the International Air Transport Association (IATA).

KUALA LUMPUR, Aug 4 — The ringgit retreated to open lower on Wednesday as Brent crude oil price settled lower.

KUALA LUMPUR, Aug 3 —  The ringgit rebounded slightly on Tuesday, lifted by higher oil price.

KUALA LUMPUR, Aug 2 — The ringgit closed marginally weaker against the US dollar on Monday on concerns over the continuously high number of daily Covid-19 cases in the country, which recorded 15,764 cases today, said an analyst.

KUALA LUMPUR, Aug 2 — The ringgit was lower on Monday amid lack of catalysts, domestically.

KUALA LUMPUR, July 30 — The ringgit rebounded from yesterday’s losses to end higher against the US dollar today, driven by renewed demand despite the slide in crude oil prices, an analyst said.

KUALA LUMPUR, July 29 — The ringgit opened higher against the US dollar on Thursday as the greenback continued to move sideways against the local note after no changes were made to the US monetary policy, a dealer said.

KUALA LUMPUR, July 27 — The ringgit opened higher against the US dollar today as weak economic data from the United States (US) took a toll on the greenback, a dealer said.