KUALA LUMPUR, Sept 7 — The ringgit opened at its lowest level versus the US dollar since the Asian financial crisis back in 1998, as more investors shifted to safe havens due to the uncertain global economic outlook.
KUALA LUMPUR, July 1 — The seasonally adjusted S&P Global Malaysia Manufacturing Purchasing Managers’ Index (PMI) registered 50.4 in June, up from 50.1 in May, signalling a slightly stronger, yet still modest, improvement in the manufacturing sector.
KUALA LUMPUR, June 2 — Kenanga Research has retained its outlook for the manufacturing activity to remain on a recovery path as the country transitioned to the endemic phase, despite the relatively stagnant performance in May.
KUALA LUMPUR, June 1 — Businesses have signalled that the Malaysian manufacturing sector saw demand conditions soften midway through the second quarter of 2022 as productive capacity was hindered by price pressures and supply shortages.
By Karina Imran KUALA LUMPUR, March 28 — The ringgit opened slightly higher against the US dollar on Monday, supported by the global economic recovery which is cruising at a reasonable speed, said an analyst. At 9.00 am, the local currency was trading at 4.2070/2115 against the greenback from...
KUALA LUMPUR, Feb 8 — The ringgit ended flat against the US dollar today, moving in a tight range supported by positive domestic economic data as the greenback remained firm ahead of the United States (US) inflation data this week.
KUALA LUMPUR, July 3 — The ringgit will continue to trade under pressure versus the US dollar next week as currency traders attentively track developments in the US as well as wait for Bank Negara Malaysia’s (BNM) monetary policy committee meeting next Thursday.
KUALA LUMPUR, June 26 — External concerns will continue to play a big role in determining the direction of the ringgit next week, with investors keeping a close eye on developments in the United States.
KUALA LUMPUR, June 3 — The ringgit continued to strengthen against the US dollar to open higher today, as global oil demand sustained its recovery with oil price hovering above US$71 per barrel, a dealer said.
KUALA LUMPUR, June 2 — The ringgit opened slightly higher against the US dollar today, as oil price continues to strengthen.
KUALA LUMPUR, June 1 — The ringgit opened higher against the US dollar today, fuelled by increasing oil prices because of the anticipated lower production and ahead of US economic data expectations.
KUALA LUMPUR, April 2 — The ringgit rebounded against the US dollar to 4.13 at the opening today, fuelled by firmer crude oil prices amid the ease of the safe-haven greenback and US bond yields.
KUALA LUMPUR, March 2 — The ringgit ended lower against the US dollar for a second consecutive day today with the greenback somewhat stronger despite the risk-on mood in the equity market, a dealer said.
BEIJING, Nov 30 — China's November factory activity expanded at the fastest pace since September 2017, keeping the country's economic recovery from the coronavirus crisis solidly on track.
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