Ringgit breaches 4.30 level against US dollar, hits 20-month high
The market appears to be expecting a Fed rate cut of between 25 and 50 basis points, says Dr Mohd Afzanizam Abdul Rashid.
Fri Sep 13 2024
Ringgit ends on weaker note against US dollar ahead of state elections
The greenback was also supported by higher US 10-year Treasury yields after the release of US inflation data yesterday, an analyst said.
Fri Aug 11 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
Positive sentiment boosts Ringgit on first trading day of 2023
Stephen Innes said the local note rallied this morning as buying flows on China's reopening continued to help Asia foreign exchange.
Tue Jan 03 2023
Ringgit opens slightly higher vs US dollar amid risk-on mode
Stephen Innes said the ringgit is expected to trade more favourably to the more risk-friendly environment.
Fri Dec 09 2022
Ringgit opens higher against US Dollar
At 9 am, the local note stood at 4.3915/3995 against the US dollar from 4.3950/4000 at Wednesday's close.
Thu Dec 08 2022
Ringgit opens lower against US dollar amid strong us economic data
Stephen Innes said the unexpectedly strong US economic data had triggered a minor reversal of sorts in broader US dollar sentiment.
Tue Dec 06 2022
Ringgit opens almost flat vs US dollar
At 9 am, the local note rose to 4.5050/5100 against the US dollar from yesterday's close of 4.5060/5130.
Wed Nov 30 2022
Ringgit extends gains against greenback
At 9 am, the local note further strengthened to 4.4760/4810 against the greenback from Thursday's close of 4.4910/5000.
Fri Nov 25 2022
Ringgit appreciates vs US dollar in early trade
Stephen Innes said the steadier crude oil prices earlier this week have also provided support for the local note.
Thu Nov 24 2022
Ringgit opens marginally higher versus greenback
Innes said the ringgit was expected to trade weaker today as China's reopening play got dumped, coupled with the risk from the GE15.
Tue Nov 22 2022
Bursa Malaysia set to see cautious trading next week post-general election
Rakuten's Thong says the short-term direction of the FBM KLCI would depend largely on the stability of the local political landscape.
Sat Nov 19 2022
A mammoth task to maintain economic momentum awaits post-GE15
Malaysia's new govt faces a huge task of strengthening recovery, maintaining economic momentum and stabilising the political environment.
Thu Nov 17 2022
Ringgit opens marginally higher versus US dollar on China's reopening theme
The ringgit is expected to trade a tad more defensively today on the back of hawkish Federal Reserve speak overnight.
Tue Nov 15 2022
Ringgit retreats against US dollar on technical correction
The local note eased marginally to 4.7100/7150 against the US dollar from Wednesday's close of 4.6885/6950.
Thu Nov 10 2022
'No one will win a trade war,' China says after Trump tariff threat
Donald Trump says he would impose the tariffs until China stops the flow of illegal drugs, particularly fentanyl, into the United States.
Tue Nov 26 2024
What has caused Pakistan's deadly clashes between police and supporters of Imran Khan?
Topping the demands of Khan's Pakistan Tehreek-e-Insaf (PTI) party is the release of all its leaders, including Khan, who has been jailed on a series of corruption charges since August 2023.
Tue Nov 26 2024
One woman or girl killed every 10 minutes by intimate partner or family member - UN
The report highlights that "60 per cent of all female homicides" are committed by "people closely related to them".
Tue Nov 26 2024
Sweden urges Chinese ship to return for undersea cable investigation
Two subsea cables, one linking Finland and Germany and the other connecting Sweden to Lithuania, were damaged in less than 24 hours.
Tue Nov 26 2024
[COLUMNIST] Building more highways won’t solve traffic congestion - reducing demand will
It is clear that adding more lanes and highways doesn't work, because we are still attempting the same approach to solve the issue.
Tue Nov 26 2024
Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM
This investment includes efforts to upgrade INOKOM's existing assembly capacity to meet Hyundai's automotive needs.
Tue Nov 26 2024
‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film
'C4Cinta', directed by young filmmaker Karthik Shamalan, has set a new benchmark in Malaysian Tamil cinema.
Tue Nov 26 2024
Man charged with mother's murder, storing body in freezer
The court denied bail and scheduled case mention on Feb 7 for the submission of forensic, autopsy, and chemist reports.
Tue Nov 26 2024
Abolition of examination in schools to reduce pressure on pupils - Fadhlina
The classroom assessment approach offers a much more interesting learning ecosystem, says Fadhlina Sidek.
Tue Nov 26 2024
Google, Meta urge Australia to delay bill on social media ban for children
Google and Meta says the government should wait for the results of an age-verification trial before going ahead.
Tue Nov 26 2024