Ringgit ends lower versus US dollar on slowing global economy worries
KUALA LUMPUR, May 15 — The ringgit extended last week’s losses to end weaker against the US dollar on Monday, following worries over the slowing...
WEF warns that 14 mln jobs will vanish in next five years
TORONTO, May 3 — Major disruptions will occur in the job market over the next five years as more companies adopt artificial intelligence (AI) technologies...
IMF revises global growth forecast upward to 2.9 pct for 2023 — WEO
WASHINGTON, Jan 31 (Bernama) – Global economic growth will slow to 2.9 per cent in 2023, the International Monetary Fund (IMF) said, revising its previous...
Ringgit opens slightly higher vs US dollar
KUALA LUMPUR, Aug 24 — The ringgit was slightly stronger against the US dollar this morning due to mild demand for the domestic note. At...
Worst catastrophic blow to global economy is over — Moody’s analytics
KUALA LUMPUR, June 5 — The worst of the catastrophic blow to the global economy caused by the Covid-19 pandemic is over, and the severe...
Proposed economic recovery plan needs to aid micro, small businesses
KUALA LUMPUR, June 5 — The proposed Short-Term Economic Recovery Plan needs to pay more attention to micro and small enterprises as they are the...
Bursa Malaysia extends uptrend in early trade
KUALA LUMPUR, May 28 — Bursa Malaysia extended yesterday’s upward momentum to opened higher this morning amid positive market sentiment with buying spotted in the...
Bursa Malaysia opens lower on concerns over global economic outlook
KUALA LUMPUR, April 22 — Bursa Malaysia opened lower today as heightening concerns over the global economic outlook prompted more selling activities across the board,...
Oil rises for second day amid hopes for output cut by U.S. producers
TOKYO, March 11 — Oil prices climbed for a second day on Wednesday, lifted by hopes that U.S. producers will cut output, but gains were...
Ringgit continues downtrend amid weaker global economy
KUALA LUMPUR, Feb 20 — The ringgit continued its downtrend today amid a weaker global economy due to the lingering concerns on the Covid-19 outbreak....