KUALA LUMPUR, April 14 — 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, April 14 — The ringgit edged slightly higher against the US dollar in the early session today as market sentiment on the local note was lifted after the Organisation of the Petroleum Exporting Countries + (OPEC+) agreed to cut production by about 10 million barrels per day in May and June.

KUALA LUMPUR, April 13 ― Kenanga Research has maintained a “neutral” call on the oil and gas (O&G) sector after the Organisation of the Petroleum Exporting Countries (Opec) meeting last week.

KUALA LUMPUR, April 13 ― MIDF Amanah Investment Bank Bhd Research (MIDF Research) has revised downward this year’s forecast for Malaysia’s gross domestic product (GDP) to one per cent from 2.7 per cent, anticipating the first half 2020 (1H 2020) data to be more precarious than before.

KUALA LUMPUR, April 13 — The ringgit was lower against the US dollar in the early session today on weaker demand for the local note due to the country’s bearish economic outlook.

KUALA LUMPUR, April 10 — Malaysia’s gross domestic product (GDP) is projected to contract by 0.1 per cent to 4.6 per cent this year amid negative impact brought by Covid-19, according to the World Bank.

KUALA LUMPUR, April 10 — Although governments globally are facing unprecedented challenges brought about by the Covid-19 pandemic, it is also an opportunity to embed the structural changes that have long been necessary to develop more sustainable, dynamic and inclusive economies.

BAKU, April 10 — If the new Declaration of Cooperation of OPEC enters into force, the OPEC member states will have to cut the oil output by 6.085 million barrels per day in May-June, while non-OPEC parties to the deal by 3.915 million, the Azerbaijani Energy Ministry told Sputnik on Friday.

KUALA LUMPUR, April 10 — The ringgit continues yesterday’s upward momentum to trade higher against the US dollar in the early session today on a broadly weaker greenback following the announcement of new facilities by the US Federal Reserve (Fed).

KUALA LUMPUR, April 9 — Bursa Malaysia rebounded at the opening, tracking the overnight surge on Wall Street on hopes that the Covid-19 pandemic is nearing its peak in the United States.

KUALA LUMPUR, April 9 — The ringgit traded higher against the US dollar in the early session today lifted by improved global sentiment in the equities and commodities market ahead of Organisation of Petroleum Exporting Countries (OPEC) meeting later today.

KUALA LUMPUR, April 8 — The ringgit fell against the US dollar at the close today amid cautious sentiment in the oil market ahead of the anticipated OPEC+ meeting on Thursday.

KUALA LUMPUR, April 8 — Sectors hit hardest by the Covid-19 pandemic are likely to see the strongest recovery as pent-up demand is released and production ramps up, but this is provided the supply chain is fixed, according to a report by Baker McKenzie and Oxford Economics.

MOSCOW, April 8 — The coronavirus pandemic may cost the Asia-Pacific region 0.8 per cent of the gross domestic product or, equivalently, US$172 billion due to weakened global demand for their exports alone, the UN Economic and Social Commission for Asia and the Pacific (ESCAP) said in a report published on Wednesday.

KUALA LUMPUR, April 8 — Bursa Malaysia slipped into the red at the opening today, tracking overnight losses on the Wall Street as fears on the rapid spread and rising death toll due to Covid-19 continue to weigh on the market sentiment.

KUALA LUMPUR, April 8 — The ringgit traded lower against the US dollar today despite a broad overnight greenback retracement with the focus back to the sliding crude oil prices and the Organisation of Petroleum Exporting Countries (OPEC) meeting this Thursday.

NEW YORK, April 8 ― World stock markets rose yesterday led by gains in Europe and Asia as signs of progress in curbing the spread of the novel coronavirus fuelled investors' appetite for risk, though a steep, late sell-off on Wall Street erased gains in US stocks.

KUALA LUMPUR, April 7 — Bank Negara Malaysia’s (BNM) international reserves amounted to RM441.4 billion as at March 31, 2020.

SINGAPORE, April 7 — Asian stock markets rallied for a second day today, and riskier currencies rose, buoyed by tentative signs the coronavirus crisis may be levelling off in New York and receding in Europe.

KUALA LUMPUR, April 7 — Bursa Malaysia opened higher today as the market rejoiced over the government's RM10 billion special stimulus package targeted at the small and medium-sized enterprises (SMEs), the backbone of the country's economy.