Malaysia central bank to hold key rate at 3.0% through end-2025
BNM's outlook aligns with poll results, which suggest it will avoid easing this year to prevent the currency from weakening further.
Mon Jan 20 2025
Ringgit edges up ahead of Trump’s inauguration
Traders are becoming increasingly anxious about what might be announced by the US President, says Dr Mohd Afzanizam Abdul Rashid.
Mon Jan 20 2025
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
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
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
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
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
Stronger ringgit benefits cocoa farmers, reduces agricultural input import costs - MPIC
The reduced import costs would lower production costs for smallholders while boosting their profit margins, it said.
Wed Dec 11 2024
Ringgit slightly higher against US dollar in early trade
The ringgit traded marginally higher against a basket of major currencies.
Mon Dec 02 2024
Ringgit opens lower as greenback gains ground
Dr Mohd Afzanizam says the market responded positively to news of hedge fund manager Scott Bessent heading the US Treasury Department.
Tue Nov 26 2024
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 extends uptrend against greenback in early trade
At 8 am, the local currency climbed to 4.4600/4700 against the greenback.
Fri Nov 22 2024
Ringgit advances as domestic optimism offsets US rate concerns
Dr Mohd Afzanizam Abdul Rashid said Malaysia's third-quarter economic data indicated the economy was on track for stronger growth this year.
Mon Nov 18 2024
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
President-elect Trump is expected to favour populist measures which could drive higher domestic demand and corporate earnings growth.
Thu Nov 07 2024
Man executed for causing heavy casualties in south China car-ramming case
Fan Weiqiu was convicted ramming his car into the crowd at a sports centre in November last year, causing heavy casualties.
Mon Jan 20 2025
Gov't not rushing to achieve developed nation status - Rafizi
Rafizi Ramli says the country is now in a good position, attracting foreign investors and being seen as a strategic gateway to ASEAN.
Mon Jan 20 2025
South Korea's Yoon shuns questioning as security tightened after court rampage
Authorities says security was being beefed up at the Seoul Detention Centre where Yoon Suk-Yeol is being held as a pre-trial inmate.
Mon Jan 20 2025
Triumphant Trump returns to White House, launching new era of upheaval
Donald Trump is the first US president since the 19th century to win a second term after losing the White House.
Mon Jan 20 2025
Sim: Malaysia's labour market faces significant challenges posed by three paradoxes
Steven Sim says the first paradox is the low median wage, which does not align with the country's low unemployment rate.
Mon Jan 20 2025
Mugshot, khaki uniform and solitary cell for South Korea's detained President Yoon
Here's some facts about the facility and what is expected to unfold for the former prosecutor-turned-president.
Mon Jan 20 2025
Trump says to repeal Biden's multiple executive orders within hours of inauguration
Trump says the executive orders he is about to sign includes border security, energy, federal government spending, TikTok, DEI programmes.
Mon Jan 20 2025
Trump's return adds new twist to Western firms' Russia exit dilemma
Donald Trump's mere arrival may give some companies the political cover to stay on in Russia.
Mon Jan 20 2025
Slim chance of Trump 2.0 reversing Biden's proposed AI chip export controls
Investment bank says it sees "little chance" for a complete overturn of that decision by the incoming Trump administration.
Mon Jan 20 2025
PM to lead ASEAN’s global voice at WEF 2025
This will be Datuk Seri Anwar Ibrahim's first participation in WEF since assuming the role of Prime Minister.
Mon Jan 20 2025