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Ringgit opens higher against US dollar on stronger GDP growth in 4Q 2024

Ringgit opens higher against US dollar on stronger GDP growth in 4Q 2024

According to Mohd Afzanizam, the ringgit is poised for positive starts today amid signs of weaker consumer spending in the United States.
Mon Feb 17 2025
Ringgit opens slightly lower against US dollar

Ringgit opens slightly lower against US dollar

Dr Mohd Afzanizam Abdul Rashid says DXY has gained momentum after Donald Trump issued an executive order to raise import tariffs.
Mon Feb 03 2025
Trump repeats tariffs threat to dissuade BRICS nations from replacing US dollar

Trump repeats tariffs threat to dissuade BRICS nations from replacing US dollar

Trump warns BRICS member countries from replacing the US dollar as a reserve currency by repeating a 100%-tariffs threat.
Fri Jan 31 2025
Ringgit opens lower against US dollar in early trade

Ringgit opens lower against US dollar in early trade

Dr Mohd Afzanizam Abdul Rashid says the US labour market remains resilient, with the latest non-farm payroll data exceeding expectations.
Mon Jan 13 2025
Ringgit opens firmer despite safe-haven demand

Ringgit opens firmer despite safe-haven demand

The ringgit opened higher against the US dollar this morning, despite rising demand for the safe-haven currency.
Tue Dec 31 2024
Ringgit opens slightly higher vs greenback

Ringgit opens slightly higher vs greenback

The ringgit opened slightly higher against the US dollar on Thursday, supported by the yuan's stabilisation after the People's Bank of China decided against cutting rates earlier this week
Thu Dec 26 2024
Ringgit rises against US dollar as DXY declines

Ringgit rises against US dollar as DXY declines

Dr Mohd Afzanizam Abdul Rashid says the DXY slipped to 107.621 points after exceeding 108 points last Friday.
Mon Dec 23 2024
Ringgit up marginally against US dollar in early trade

Ringgit up marginally against US dollar in early trade

Dr Mohd Afzanizam Abdul Rashid says the focus for the week would be on the two-day FOMC meeting which begins tomorrow.
Mon Dec 16 2024
Ringgit slightly higher against US dollar in early trade

Ringgit slightly higher against US dollar in early trade

The ringgit traded marginally higher against a basket of major currencies.
Mon Dec 02 2024
US dollar edges lower

US dollar edges lower

The dollar index, which measures the greenback against six major peers, decreased by 0.86 per cent.
Thu Nov 28 2024
Ringgit opens higher against US dollar

Ringgit opens higher against US dollar

Dr Mohd Afzanizam Abdul Rashid says that US President-elect Donald Trump's cabinet selections are drawing significant attention.
Mon Nov 25 2024
Ringgit weakens versus US dollar as global uncertainties intensify

Ringgit weakens versus US dollar as global uncertainties intensify

Dr Mohd Afzanizam says, the ringgit is already oversold, indicating that its downside risks are limited.
Mon Nov 11 2024
Ringgit opens higher despite stronger US dollar on Trump's return to presidency

Ringgit opens higher despite stronger US dollar on Trump's return to presidency

President-elect Trump is expected to favour populist measures which could drive higher domestic demand and corporate earnings growth.
Thu Nov 07 2024
Anxious global investors brace for long-awaited US election results

Anxious global investors brace for long-awaited US election results

Investors are wary of prolonged vote counts and contested results that could fuel volatility.
Tue Nov 05 2024
Ringgit rebounds, opens slightly higher against US dollar

Ringgit rebounds, opens slightly higher against US dollar

Dr Mohd Afzanizam Abdul Rashid expects the ringgit to remain soft against the US dollar, driven by external events.
Tue Oct 29 2024
Astronomers reveal 3D structure of an alien planet's atmosphere

Astronomers reveal 3D structure of an alien planet's atmosphere

Astronomers find three layers on a scorching gas planet orbiting a star larger and hotter than the sun.
Fri Feb 21 2025
Public flips car involved in road accident to rescue child

Public flips car involved in road accident to rescue child

According to JBPM, members of the public at the scene took initial action to rescue the victim before the fire brigade arrived.
Fri Feb 21 2025
Ramsay reveals hundreds of lucky cat statues stolen from new restaurant

Ramsay reveals hundreds of lucky cat statues stolen from new restaurant

Gordon Ramsay says about 477 Japanese cat models called maneki-neko were stolen from his Lucky Cat 22 Bishopsgate restaurant.
Fri Feb 21 2025
Zayn Rayyan case: Two child witnesses complete testimony today

Zayn Rayyan case: Two child witnesses complete testimony today

So far, 20 prosecution witnesses, including the two children, have been called for this trial, according to the Deputy Public Prosecutor.
Fri Feb 21 2025
Macron says he will tell Trump not to be weak with Putin in Washington visit

Macron says he will tell Trump not to be weak with Putin in Washington visit

Emmanuel Macron says showing any weakness to Russia's Vladimir Putin would make it harder to deal with China and Iran.
Fri Feb 21 2025
Israeli PM Netanyahu says Hamas will pay for not returning Shiri Bibas

Israeli PM Netanyahu says Hamas will pay for not returning Shiri Bibas

Netanyahu accuse Hamas of acting "in an unspeakably cynical manner" by placing body of a Gaza woman in the coffin instead of Shiri Bibas.
Fri Feb 21 2025
Trump pulls US out of key global climate assessment, sources say

Trump pulls US out of key global climate assessment, sources say

The US is a co-chair along with Malaysia of a working group on climate mitigation, or ways to reduce greenhouse gas emissions.
Fri Feb 21 2025
Japan to court Tesla on Nissan investment, FT reports

Japan to court Tesla on Nissan investment, FT reports

The group hopes Tesla will invest strategically, believing it's interested in acquiring Nissan's US plants, the report says.
Fri Feb 21 2025
185 children linked to GISB handed over to families - Exco

185 children linked to GISB handed over to families - Exco

The children have been handed over to their families on bond with conditions by the court.
Fri Feb 21 2025
IRS fires 6,000 employees as Trump slashes US government

IRS fires 6,000 employees as Trump slashes US government

The move will eliminate roughly 6% of the agency's workforce in the midst of the busy tax-filing season.
Fri Feb 21 2025