Ringgit eases as fading hopes of Fed rate cuts lend support to greenback
KUALA LUMPUR, May 24 — The ringgit eased further in early trade on Friday in the wake of strong economic data supporting the US dollar....
Ringgit closes slightly lower against US dollar, sentiment remains favourable
KUALA LUMPUR, March 1 — The ringgit was slightly lower against the US dollar at Friday’s closing, although sentiment towards the local currency remains favourable,...
MIDF Research: E&E exports to pivot Malaysia’s external trade in 2024
KUALA LUMPUR, Feb 20 — MIDF Research expects Malaysia’s external trade to likely recover in 2024, backed by a turnaround in electrical and electronics (E&E)...
Malaysia’s PMI at 16-month high in January, says S&P Global
KUALA LUMPUR, Feb 1 — The overall optimism of Malaysian manufacturers picked up slightly in January 2024 from that seen last December amid signs of demand improvement,...
Ringgit slips at start of trade on US interest rate outlook
KUALA LUMPUR, Jan 3 — The ringgit slipped further against the US dollar on Wednesday as investors waited for more clarity about the United States (US) interest...
Overall demand in manufacturing sector muted — S&P Global
KUALA LUMPUR, Jan 2 — The overall demand conditions across the manufacturing sector remained muted at the end of 2023, leading firms to scale back...
Manufacturing sector showing improvement, business confidence at 7-month high — S&P
KUALA LUMPUR, Dec 1 — There were some tentative signs of improvement in the Malaysian manufacturing sector, resulting in less pronounced slowdowns in new orders...
Malaysia on track for four pct GDP in 2023, 4.5 pct in 2024
KUALA LUMPUR, Nov 8 — AmBank (M) Bhd said Malaysia is on track to record a 4.0 per cent gross domestic product (GDP) growth this...
Oil rises 1.5 pct after US Fed keeps rates unchanged
LONDON, Nov 2 — Oil gained one per cent today to snap its three-day decline, as risk appetite returned to financial markets after the United...
Ringgit slides on weak China data, ahead of Fed meeting
KUALA LUMPUR, Oct 31 — The ringgit ended lower against the US dollar at Tuesday’s close after the latest Chinese manufacturing data came in weaker than expected, while investors await cues...
Ringgit lower at start of trade on bleak global economic outlook
KUALA LUMPUR, Sept 6 — The ringgit traded in a narrow range as the US dollar continued to firm amid nervous sentiments following concerns over the bleak outlook...
Ringgit ends lower against US dollar
KUALA LUMPUR, Sept 5 — The ringgit ended lower against the US dollar today after Caixin China General Services purchasing managers’ index (PMI) missed expectations...