Ringgit Poised To See Profit-taking After This Week's Strong Rally
By Zufazlin Baharuddin
KUALA LUMPUR, Aug 22 (Bernama) -- The ringgit is expected to experience profit-taking next week following its strong rally over the last six trading days.
By Zufazlin Baharuddin
KUALA LUMPUR, Aug 22 (Bernama) -- The ringgit is expected to experience profit-taking next week following its strong rally over the last six trading days.
KUALA LUMPUR, Aug 21 (Bernama) -- Malaysia’s total trade has reached RM2.16 trillion for the period of January-July 2026, expanding by 24.7 per cent year-on-year (y-o-y), driven by strong export demand, according to the Malaysia External Trade Development Corporation (MATRADE).
KUALA LUMPUR, Aug 21 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today, buoyed by a weaker greenback and efforts by the United States Treasury Department to keep longer-term yields low.
By Zufazlin Baharuddin
KUALA LUMPUR, Aug 21 (Bernama) -- The ringgit ended the week on a strong footing against the US dollar despite higher United States Treasury yields.
KUALA LUMPUR, Aug 21 (Bernama) -- The ringgit opened higher against most major currencies but eased slightly against the US dollar on Friday as investors turned cautious amid escalating tensions between the United States (US) and Iran, an economist said.
By Zufazlin Baharuddin
KUALA LUMPUR, Aug 20 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher as the US Treasury buyback plan lowered Treasury yields.
JOHOR BAHRU, Aug 20 (Bernama) -- The Iskandar Regional Development Authority (IRDA), in collaboration with AmBank Group has convened the Iskandar Malaysia CEO Roundtable Series 2026.
By Zufazlin Baharuddin
KUALA LUMPUR, Aug 20 (Bernama) -- The ringgit continued its bullish momentum to close higher against the US dollar on Thursday, as the US national debt, which surpassed US$40 trillion for the first time, weighed on the greenback.
By K. Naveen Prabu
KUALA LUMPUR, Aug 20 (Bernama) -- An economist has backed the proposal for a hybrid sales and service tax (SST) system, saying the mechanism should incorporate input tax credits to reduce tax cascading.
KUALA LUMPUR, Aug 20 (Bernama) -- Bursa Malaysia ended higher on Thursday as easing US Treasury yields improved risk appetite following the US Treasury’s announcement of increased buyback operations, an analyst said.
KUALA LUMPUR, Aug 20 (Bernama) -- Malaysia has become the first Regional Comprehensive Economic Partnership (RCEP) participating country to establish a national RCEP Business Advisory Council (RBAC) Network.
KUALA LUMPUR, Aug 20 (Bernama) -- The government will not consider the basic principle of the Goods and Services Tax (GST) as a broad-based tax, while remaining open to making adjustments to improve the implementation of the Sales and Service Tax (SST), Prime Minister Datuk Seri Anwar Ibrahim said.