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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
World Urban Forum in Cairo opens with record-breaking attendance, call for local solutions

World Urban Forum in Cairo opens with record-breaking attendance, call for local solutions

This years Forum underscores the central role of local actions in addressing the challenges of sustainable urban development.
Tue Nov 05 2024
Ringgit rebounds, opens higher against weakening greenback

Ringgit rebounds, opens higher against weakening greenback

Dr Mohd Afzanizam Abdul Rashid said the ringgit is likely to trade sideways as markets prepare for a busy week.
Mon Nov 04 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
Ringgit opens slightly higher against US dollar

Ringgit opens slightly higher against US dollar

Dr Mohd Afzanizam Abdul Rashid said the US presidential election next week will be high on the agenda.
Mon Oct 28 2024
PM and Prabowo's enduring friendship fuels new era of Indonesia-Malaysia cooperation

PM and Prabowo's enduring friendship fuels new era of Indonesia-Malaysia cooperation

Analysts believe that the closeness of these two leaders opens opportunities to enhance existing cooperation between the two countries.
Wed Oct 23 2024
Ringgit opens marginally higher vs US dollar, traders await Budget 2025

Ringgit opens marginally higher vs US dollar, traders await Budget 2025

Dr. Mohd Afzanizam says Budget 2025, set for tabling today, is key, with traders likely focusing on next years fiscal deficit targets.
Fri Oct 18 2024
Bursa Malaysia opens higher, tracking Wall Street performance

Bursa Malaysia opens higher, tracking Wall Street performance

Turnover stood at 119.77 million units, valued at RM42.94 million.
Thu Oct 10 2024
Ringgit opens higher against US dollar on firmer oil prices

Ringgit opens higher against US dollar on firmer oil prices

Dr Mohd Afzanizam Abdul Rashid expects the ringgit to remain soft as the tension in the Middle East has yet to subside.
Tue Oct 08 2024
Ringgit opens marginally higher vs US dollar as traders assess Feds next move

Ringgit opens marginally higher vs US dollar as traders assess Feds next move

Traders are reassessing their stand on the US Fed's next move given the high possibility that a soft-landing scenario would materialise.
Mon Oct 07 2024
Ringgit opens stronger vs greenback amid hopes of US rate cuts

Ringgit opens stronger vs greenback amid hopes of US rate cuts

At the opening, the ringgit traded mostly lower against a basket of major currencies.
Tue Sep 17 2024
Ringgit opens higher against weakening US dollar

Ringgit opens higher against weakening US dollar

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the US Dollar Index (DXY) slipped 0.31 per cent to 101.366.
Fri Sep 13 2024
Ringgit opens slightly higher against US dollar

Ringgit opens slightly higher against US dollar

Dr Mohd Afzanizam Abdul Rashid said the US equities market fell quite significantly.
Wed Sep 04 2024
Ringgit opens flat against USD

Ringgit opens flat against USD

The ringgit remained unchanged at 4.4295/4350 compared to the greenback from last Friday's close of 4.4295/4350.
Mon Aug 19 2024
Bursa Malaysia opens higher, tracking Wall Street gains

Bursa Malaysia opens higher, tracking Wall Street gains

Wall Street closed higher, underpinned by broad-based buying, pushing the Dow Jones Industrial Average index to a record high.
Wed Jul 17 2024
COP29 climate summit draft proposes rich countries pay $250 billion per year

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

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 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 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

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 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

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

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

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

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