KUALA LUMPUR, March 8 — Bursa Malaysia continued last Friday’s upward momentum, tracking the performance of its Asian peers over-optimism on the United States US$1.9 trillion stimulus package and higher crude oil prices.
KUALA LUMPUR, March 4 — Moody’s Investors Service said the increase in loan under repayment assistance (RA) is credit negative for Malaysian banks because a greater proportion of loans risk becoming delinquent when the facility ends on June 30, especially if economic growth remains subdued.
KUALA LUMPUR, March 4 — The ringgit failed to maintain its gains at the opening on Thursday, as it traded lower by 30 basis points (bps) against the US dollar, on lack of buying interest, said an analyst.
KUALA LUMPUR, March 3 — The ringgit remained higher versus the US dollar at Wednesday’s opening on moderate buying interest amid a drop in the greenback against the G-10 currencies.
KUALA LUMPUR, Feb 22 — The ringgit traded lower against the US dollar at Monday’s closing due to lack of positive catalysts for the local note, said an analyst.
KUALA LUMPUR, Feb 22 — The Regional Comprehensive Economic Partnership (RCEP) will serve as an economic recovery tool in the midst of the Covid-19 pandemic, said the Malaysian Investment Development Authority (Mida).
KUALA LUMPUR, Feb 22 — The ringgit opened higher against the US dollar on Monday, as the greenback retreated on the back of improved riskier asset demand with the progress in the vaccine rollout to curb Covid-19 infections, dealers said.
KUALA LUMPUR, Feb 15 — The ringgit extended gains against the US dollar to end higher today, benefiting from the continued recovery of global oil prices as well a bearish outlook on the greenback, a dealer said.
KUALA LUMPUR, Feb 15 — Bursa Malaysia opened higher in early trade on Monday, breaching the 1,600-level after Wall Street stocks made further advances last Friday with the S&P 500 and Nasdaq Composite closing at records.
KUALA LUMPUR, Feb 15 — The ringgit opened firmer against the US dollar on Monday amid surging oil prices.
HANOI, Feb 15 — Exports from six Southeast Asian countries fell 2.2 per cent in 2020 from a year earlier to a combined US$1.35 trillion, a relatively marginal decline despite Covid-19, reported Vietnam News Agency (VNA) according to data from the Japan External Trade Organisation (Jetro).
KUALA LUMPUR, Feb 11 — The ringgit opened easier against the US dollar on Thursday, retreating from previous gains on lack of buying interest, dragged by softer crude oil prices, said an analyst.
KUALA LUMPUR, Feb 10 — The ringgit strengthened against the US dollar in early session on Wednesday on continued buying interest, supported by higher oil prices, said an analyst.
KUALA LUMPUR, Feb 9 — Malaysia’s wholesale and retail trade had contracted by 5.9 per cent for the whole of 2020 — a historical low, according to the Department of Statistics Malaysia’s report on the Performance of Wholesale and Retail Trade for December 2020.
KUALA LUMPUR, Feb 9 — The ringgit opened higher versus the US dollar on Tuesday, extending Monday's gains on continued demand for the local note, supported by surging crude oil prices, said an analyst.
KUALA LUMPUR, Feb 8 — The ringgit opened higher against the US dollar on Monday on renewed demand, supported by steadier crude oil prices, said an analyst.
KUALA LUMPUR, Feb 6 — Bursa Malaysia is expected to trade higher next week, riding on strong catalysts including the United States’ US$1.9 trillion (RM7.73 trillion) Covid-19 relief package, the rollout of vaccination programmes worldwide and higher commodity prices.
KUALA LUMPUR, Jan 30 — The country's exports fell 1.4 per cent last year as economic activity slowed due to the impact of the Covid-19 pandemic, the international trade and industry ministry said on Saturday.
KUALA LUMPUR, Jan 30 — The ringgit is expected to further appreciate against the US dollar next week with investors keeping their focus on the progress of Covid-19 vaccination.
KUALA LUMPUR, Jan 29 — The ringgit closed January on a firm note against the US dollar as Moody's Investors Service’s affirmation of Malaysia’s local and foreign currency long-term issuer ratings at A3, with a stable outlook, helped boost risk appetite for the local currency.
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