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
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
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
Dr Mohd Afzanizam Abdul Rashid said the US presidential election next week will be high on the agenda.
Mon Oct 28 2024
ANALYSIS - Spurred by shared grievances, BRICS gathers pace
The BRICS club of emerging economies may be a long way from rivalling the IMF or challenging US dollar dominance.
Sat Oct 26 2024
Ringgit extends positive momentum to open higher against US dollar
The ringgit traded higher against the US Dollar in today's early session, driven by continued buying interest towards the local currency.
Mon Oct 21 2024
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
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 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
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 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
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 breaches 4.30 level against US dollar, hits 20-month high
The market appears to be expecting a Fed rate cut of between 25 and 50 basis points, says Dr Mohd Afzanizam Abdul Rashid.
Fri Sep 13 2024
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
Trump picks Pam Bondi for US Attorney General after Gaetz withdraws
Bondi was the top law enforcement officer of the country's third most populous state from 2011 to 2019, and served on Trump's Opioid and Drug Abuse Commission during his first administration.
Fri Nov 22 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
Lebanon's only burn unit treats toddlers after Israeli strikes
The hospital hallways echo with the screams of children as anxious parents await news from doctors.
Fri Nov 22 2024
AI revolutionising sports to develop world-class athletes
Can a young Orang Asli child from Gua Musang, Kelantan be turned into an Olympic champion in 2036?
Fri Nov 22 2024
Selangor records 1,354 out-of-wedlock teen pregnancies from 2023 to Sept 2024
Anfaal Saari emphasises the seriousness of the issue, especially involving children and teenagers under 18 years old.
Thu Nov 21 2024
ICC issues arrest warrants for Netanyahu and Gallant
The International Criminal Court (ICC) has issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former Defense Minister Yoav Gallant.
Thu Nov 21 2024
Elon Musk's Neuralink receives Canadian approval for brain chip trial
The study aims to assess the safety and initial functionality of its implant which enables people with quadriplegia.
Thu Nov 21 2024
Guitar bought by Beatles' teenage Harrison for GBP58 sells for more than GBP1 million
A guitar bought by George Harrison for about GBP58 has sold at auction for more than GBP1 million (US$1.27 million), the PA Media news agenc
Thu Nov 21 2024
Duct-taped banana goes for $6.2 mln in Sotheby's art auction
A piece of art that is little more than a banana duct-taped to a wall sold at auction to cryptocurrency entrepreneur.
Thu Nov 21 2024
Australian teen dies from tainted liquor in Laos; fourth suspected victim
Spurious liquor is a problem in Laos, with the govts of Australia and Britain warning citizens to be cautious when taking drinks there.
Thu Nov 21 2024