Ringgit strengthens 14.4 pct vs USD in 3Q 2024; One of the best performing currencies globally
The local currency's performance was primarily driven by the US Federal Reserves' 50 basis points policy rate cut.
Wed Oct 09 2024
US rate cut, Malaysia's structural reforms and economic outlook fuelling ringgit recovery - BNM
Datuk Seri Abdul Rasheed said Malaysia's positive economic outlook and structural reforms are also propelling the ringgit's rise.
Fri Sep 20 2024
Ringgit rebounds to open higher vs US dollar
US Federal Reserve chair Jerome Powell said the central bank will not wait until inflation hits two per cent to cut interest rates.
Tue Jul 16 2024
Bursa Malaysia starts firmer despite Wall Street's mixed performance
Investors focused on the US Federal Reserve's semi-annual testimony to assess the US economic growth and monetary policy paths.
Tue Jul 09 2024
Ringgit easier vs US dollar amid expectations of tight US monetary policy
A chief economist Dr Mohd Afzanizam Abdul Rashid said the ringgit is expected to move in a narrow range today.
Mon May 13 2024
Khazanah Nasional records better profit from operations of RM5.9 bln in FY2023
Its stronger performance driven by higher dividends and distributions from investee companies, fair value gains and capital preservation.
Mon Mar 11 2024
Ringgit opens lower vs US dollar, stronger against other major currencies
The ringgit continued to open lower against the U.S. dollar amid higher-than-expected U.S. inflation data which suggested the Federal Reserve (Fed) might keep the interest rate steady.
Wed Feb 14 2024
Ringgit opens higher vs greenback amidst Fed's interest rate decision
The ringgit opened higher against the US dollar on Friday after the United States Federal Reserve decided to maintain its interest rate at 5.5 per cent.
Fri Feb 02 2024
US Fed leaves interest rates unchanged amid surging Treasury yields
The US Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25-5.5 per cent, as yields on long-term US Treasury bonds have spiked in recent months, reported Xinhua.
Thu Nov 02 2023
US stocks plummet 1.6 per cent after Fed shakes markets with another rate hike
The Fed raised its benchmark interest rate by another 25 basis points despite a banking crisis causing turmoil in the US financial sector.
Thu Mar 23 2023
Asian shares subdued after Fed hints at rate pause
Asian shares inched higher after the Fed Reserve hinted it could pause interest rate hikes following turmoil in the banking sector.
Thu Mar 23 2023
Ringgit extends gains against greenback on expectation of slower US interest rate hike pace
The ringgit continued its positive momentum this morning to open slightly higher against the greenback on the expectation of a US Federal Reserve downshift to a 25 basis points interest rate hike.
Mon Jan 16 2023
US Fed says higher interest rates will remain
Higher interest rates will stay in place until the US Federal Reserve is confident that surging inflation is on a path toward stability, according to a Fed meeting summary released this week.
Fri Jan 06 2023
Ringgit slips further against US dollar on market uncertainty
The ringgit was traded mostly lower against a basket of major currencies this morning.
Tue Dec 13 2022
Ringgit opens flat against US dollar
Diniz said that investors are beginning to wonder when the US Federal Reserve will change its monetary policy on interest rates.
Wed Dec 07 2022
COP29 climate summit draft proposes rich countries pay $250 billion per year
The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation
This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains
Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award
Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM
The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays
KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024
Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity
The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29
The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections
The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024