Ringgit Rises As Soft US Data Weighs On Greenback
KUALA LUMPUR, July 16 (Bernama) -- The ringgit extended its gains against the US dollar at Thursday's opening, supported by weaker-than-expected US economic data, an analyst said.
KUALA LUMPUR, July 16 (Bernama) -- The ringgit extended its gains against the US dollar at Thursday's opening, supported by weaker-than-expected US economic data, an analyst said.
By Abdul Hamid A Rahman
KUALA LUMPUR, July 15 (Bernama) -- The ringgit ended virtually unchanged against the US dollar today as concerns over China’s weaker economic performance and renewed geopolitical tensions offset softer-than-expected US inflation data.
KUALA LUMPUR, July 15 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday as investors anticipated an upbeat advance estimate of Malaysia's second-quarter (2Q) gross domestic product (GDP), analysts said.
By Abdul Hamid A Rahman
KUALA LUMPUR, July 14 (Bernama) -- The ringgit ended lower against the US dollar on Tuesday as investors stayed cautious ahead of the release of the US inflation data for June amid continued geopolitical tensions in West Asia.
KUALA LUMPUR, July 14 (Bernama) -- Glyken Bio Products Sdn Bhd (Glyken) and Japan's Ortho Group have inked a research collaboration worth more than RM4 million to explore the application of Glyken's proprietary bird’s nest extracts in therapeutic medicine and healthcare development.
KUALA LUMPUR, July 14 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday, amid uncertainties in the Strait of Hormuz, which lifted global crude oil prices, an analyst said.
By Abdul Hamid A Rahman
KUALA LUMPUR, July 13 (Bernama) -- The ringgit ended higher against major and regional currencies, including the US dollar, on Monday amid continued geopolitical uncertainties in West Asia.
KUALA LUMPUR, July 13 (Bernama) -- The ringgit opened slightly lower against the US dollar on Monday amid uncertainties over the free flow of vessels through the Strait of Hormuz and the resilience of the United States economy, an analyst said.
KUALA LUMPUR, July 11 (Bernama) -- The ringgit is expected to trade within a narrow range between RM4.05 and RM4.07 against the US dollar next week as investors await the release of the United States Consumer Price Index (CPI) report next Tuesday, which could set the tone for global financial markets, said analysts.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 10 (Bernama) -- The ringgit ended the week on a stronger note against the US dollar on Friday, as safe-haven demand for the greenback faded.
KUALA LUMPUR, July 10 (Bernama) -- Bursa Malaysia was sharply higher at midday today, tracking gains in regional markets, as buying in financial heavyweights supported market sentiment.
KUALA LUMPUR, July 10 (Bernama) -- The electrification trend in the automotive sector is expected to accelerate in the second half of 2026 (2H 2026), supported by more affordable electric vehicle (EV) models and expanding charging infrastructure, said Hong Leong Investment Bank Bhd (HLIB).