KUALA LUMPUR, April 27 — PropertyGuru Malaysia has reported that the overall property asking prices have decreased by 0.84 per cent quarter-on-quarter (q-o-q) and 1.79 per cent year-on-year (y-o-y) to 87.86 index points in the first quarter of 2021, due to buyers' apprehension.
KUALA LUMPUR, April 27 — The ringgit opened marginally lower against the US dollar today as the focus has now shifted towards the US Federal Reserve’s Open Market Committee (FOMC) meeting later today, an analyst said.
KUALA LUMPUR, April 26 — The ringgit further strengthened its position against the US dollar in early session today from Friday’s close, riding on the weakening greenback as the US Treasury yields eased below 1.6 per cent, said an analyst.
KUALA LUMPUR, April 22 — As the aviation world is getting ready for a rebound post-pandemic, demand for aircraft purchases will largely be focused on models that are more economical to the airlines’ pocket and long-term sustainability.
KUALA LUMPUR, April 22 — The ringgit opened marginally higher against the US dollar this morning but remained in a relatively tight trading range due to weak oil prices, which were offset by better risk sentiment and a slightly weaker US dollar.
KUALA LUMPUR, April 21 — The ringgit opened marginally lower against the US dollar at opening today due to concerns over the Covid-19 pandemic in the region, as well as the hawkish US Federal Reserves tone that validated a bullish US dollar view, a dealer said.
KUALA LUMPUR, April 20 — The ringgit opened higher against the US dollar for the second consecutive day today on stable oil prices.
SEPANG, April 19 — Malaysia Airports Holdings Bhd (MAHB) is eyeing a total investment of RM1.3 billion for Subang Airport’s (SZB) regeneration development that will transform it from an airport operator to an ecosystem master developer and aviation hub in the Asia Pacific.
KUALA LUMPUR, April 19 — The ringgit has gained some breathing room today as US Treasury yields and dollar volatility eased, with the local note opening slightly lower against the US dollar in the morning session.
KUALA LUMPUR, April 15 — The ringgit climbed 50 basis points (bps) against the US dollar at the opening, fuelled by strong crude oil prices which rose nearly 5.0 per cent overnight due to rising demand.
KUALA LUMPUR, April 14 — Bursa Malaysia recovered slightly from its two-day losing streak this morning after some bargain-hunting emerged in the local market.
KUALA LUMPUR, April 14 — The ringgit clawed back to the 4.12-point level against the US dollar at opening today, a level last seen on March 24, 2021, as the greenback fell to three-week lows on Tuesday.
KUALA LUMPUR, April 13 — The ringgit opened marginally lower against the US dollar amid expectations of higher US bond yields ahead of the release of the March 2021 US Consumer Price Index (CPI) later today.
KUALA LUMPUR, April 12 — Malaysian crude palm oil (CPO) stocks continued to increase in March 2021, growing 12.37 per cent to 742,742 tonnes from 660,987 tonnes the month before, according to the Malaysian Palm Oil Board (MPOB).
KUALA LUMPUR, April 12 — The ringgit opened flat against the US dollar on Monday amidst higher United States’ (US) bond yields and finicky crude oil prices.
KUALA LUMPUR, April 8 — Moody's Investors Service says in a new report that the asset quality of Malaysia's largest banks has been more resilient to the coronavirus-induced economic disruption than their peers in Indonesia, the Philippines and Thailand — the major Southeast Asian emerging markets.
KUALA LUMPUR, April 8 — The ringgit eased against the US dollar on Thursday after the US Federal Reserve indicated that the US economy will continually improve, boosting the greenback.
KUALA LUMPUR, April 6 — The ringgit was higher against the US dollar at opening on Tuesday, lifted by buying support for the local currency, while the greenback is weakening through the global risk-on channel as foreign exchange traders sell the dollar and put more money to work outside of the US.
KUALA LUMPUR, April 5 — PricewaterhouseCoopers (PwC)'s second Global Crisis Survey revealed that 83 per cent of its respondents believed that business was negatively impacted by the Covid-19 pandemic, but only 47 per cent felt that they were well-prepared for the crisis.
KUALA LUMPUR, April 5 — Malaysia’s crude palm oil (CPO) exports are expected to see a moderate recovery with the CPO production reaching 19.6 million metric tonnes (MT) for 2021 compared with 19.14 million MT last year, the Malaysian Palm Oil Council (MPOC) said.
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