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.
PUTRAJAYA, July 15 (Bernama) – Department of Statistics Malaysia’s deputy chief statistician (economic programme) Siti Asiah Ahmad has been named chief statistician, effective today.
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) -- Malaysia is expected to keep its 2026 fiscal deficit broadly on track despite allocating an additional RM25 billion for fuel subsidies, with the deficit to come in at 3.6 per cent of gross domestic product (GDP).
KUALA LUMPUR, July 15 (Bernama) -- Stronger-than-expected electrical and electronics (E&E) exports and robust global semiconductor demand have prompted Hong Leong Investment Bank (HLIB) to raise Malaysia’s 2026 gross domestic product (GDP) growth forecast to 4.7 per cent from 4.5 per cent previously.
BUKIT MERTAJAM, July 15 (Bernama) -- Penang-based property developer, PTL Properties Sdn Bhd has officially opened the sales gallery for The Rimbun, its latest affordable strata townhouse development in Bukit Mertajam.
KUALA LUMPUR, July 15 (Bernama) -- The Malaysian ringgit is expected to remain one of the region's better-performing currencies alongside the Singapore dollar, supported by solid economic fundamentals and impact of higher oil prices, even in a stronger US dollar environment, according to Standard Chartered Bank.
KUALA LUMPUR, July 15 (Bernama) -- There is no need to review current projections under Budget 2027 based on the government’s fiscal performance for the first half of 2026, said Deputy Finance Minister Liew Chin Tong.
KUALA LUMPUR, July 15 (Bernama) -- Malaysia's property market is expected to remain supported by investment activity, infrastructure development and demand for specialised assets in the second half of 2026 (2H2026).
KUALA LUMPUR, July 15 (Bernama) -- Malaysia drove global sukuk issuance growth in the first half of 2026 (1H 2026), with strong local currency issuance offsetting weaker Gulf Cooperation Council (GCC) countries issuance, according to S&P Global Ratings.
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.