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
Budget 2025: Any minimum wage increase unlikely to exert significant inflationary pressure - Economist
Key factors in determining the minimum wage include the poverty line income, productivity growth, and the consumer price index.
Thu Oct 17 2024
Ringgit rises against US dollar on Budget 2025 outlook
Dr Mohd Afzanizam Abdul Rashid said attention on Friday's budget announcement would drive market sentiment this week.
Mon Oct 14 2024
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
OPR likely to be unchanged; Ringgit forecast at 4.25 vs USD year-end - Kenanga
Fiscal policy shifts and external risks, such as geopolitical tensions, could still influence the central bank's stance, says Kenanga.
Tue Oct 08 2024
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
[COLUMNIST] Ringgit’s resurgence: Beyond the dollar’s decline
The ringgit's remarkably strong performance in Q3 2024 suggests that factors beyond the dollar's depreciation influence its rise.
Mon Oct 07 2024
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
Strong economic fundamentals driving ringgit's growth - BNM Governor
Datuk Seri Abdul Rasheed said Malaysia's projected economic growth rate of 4.0-5.0 per cent for this year is also a positive factor.
Thu Oct 03 2024
Malaysia's official reserve assets at US$116.77bil as at end-August 2024 - BNM
According to Bank Negara Malaysia, projected foreign currency inflows amount to US$2.58 billion in the next 12 months.
Mon Sep 30 2024
Strengthening Ringgit: MAPIM urges cross-politics support to restore, charge economy
The Malaysian Consultative Council of Islamic Organisations (MAPIM) urges all parties to support efforts to restore the economy.
Tue Sep 24 2024
Ringgit kicks off the week in steady mode, bullish outlook remains
The ringgit opened almost flat and is expected to retain its bullish trend as the US Fed rate cut last week signalled a soft landing for the US economic growth
Mon Sep 23 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
BNM unlikely to follow US Fed rate cut, eyes domestic and global conditions
Dr. Mohd Afzanizam said Malaysia's open economy is highly sensitive to external factors like international trade and capital flows.
Thu Sep 19 2024
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
Who is Prabowo Subianto, incoming president of Indonesia?
A wealthy ex-general with ties to Indonesia's popular outgoing president and its dictatorial past, looks set to be its next leader.
Sat Oct 19 2024
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