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
Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'
The "Axis of Resistance", built up with years of Iranian support, includes Hamas, the Lebanese Hezbollah group, the Houthi movement in Yemen, and various Shi'ite groups in Iraq and Syria.
Sat Oct 19 2024
Putin says Russia willing to seek compromises between Iran and Israel
Russia is ready to help seek compromises between arch-foes Israel and Iran, President Vladimir Putin said on Friday, saying these would be difficult but possible.
Sat Oct 19 2024
What proposals will Russia push at the BRICS summit?
The proposal is also to establish a BRICS reinsurance company to allow uninterrupted shipment of goods and key commodities between members.
Sat Oct 19 2024
Indonesia's free meals plan in the spotlight as Prabowo readies for office
Prabowo calls the programme one of the main drivers of economic growth, eventually set to add an estimated 2.5 million jobs.
Sat Oct 19 2024
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21
Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Sat Oct 19 2024
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say
Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Sat Oct 19 2024
Liam Payne's ex-partner calls for media restraint after 'painful' death
Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Sat Oct 19 2024
Analysts: Indonesia's strong MoF leadership team to boost investor confidence
Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Sat Oct 19 2024
Biden offers both a carrot and a stick to Israel as his term nears an end
Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Sat Oct 19 2024
Putin says BRICS will generate most of global economic growth
Russian President Vladimir Putin will host a summit of the group in the city of Kazan on Oct. 22-24.
Sat Oct 19 2024