Ringgit Opens Lower Vs Greenback Amid Higher Oil Prices, Fed Rate Hike Bets

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 2 (Bernama) -- The ringgit opened lower against the US dollar on Wednesday amid higher Brent crude oil prices, which heightened inflation concerns, boosting expectations of a US Federal Reserve (Fed) rate hike, said an analyst.

Ringgit Ends Lower After US Fed Hints At Rate Hike

By Harizah Hanim Mohamed

KUALA LUMPUR, Sept 1 (Bernama) --The ringgit ended lower against the greenback on the first trading day of September on rising expectations of a US interest rate hike after Federal Reserve (Fed) Chair Kevin Warsh’s recent speech at the Jackson Hole Symposium.

Malaysian Manufacturing Sector Posts Slight Improvements In August -- PMI Data

KUALA LUMPUR, Sept 1 (Bernama) -- The seasonally adjusted S&P Global Malaysia Manufacturing Purchasing Managers’ Index (PMI) posted above the neutral mark of 50.0 that separates growth from contraction for a third straight month in August.

Ringgit Opens Lower Amid Elevated US Treasury Yields

KUALA LUMPUR, Sept 1 (Bernama) -- The ringgit opened lower against the US dollar on Tuesday amid elevated US Treasury yields and uncertainty over the US Federal Reserve’s (Fed) interest rate outlook, said an analyst.

West Asia Crisis: Govt Monitoring Inflation To Avoid Cost Pressure On The People

KOTA BHARU, Aug 29 (Bernama) -- The government is monitoring inflation movements due to developments in the West Asian crisis to ensure cost pressures from supply disruptions and rising commodity prices do not burden the people.

KLCI Futures Likely To Trade Higher Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 29 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures are likely to trade higher next week, in line with the cash market, said an analyst.

Bursa Malaysia Likely To Trade Range-Bound With Positive Bias Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 29 (Bernama) -- Bursa Malaysia is expected to remain range-bound within the 1,710–1,740 levels with a positive bias next week, an analyst said.

Ringgit Expected To Remain Well Supported Next Week Ahead Of BNM OPR Decision

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit is expected to remain well supported next week ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee meeting on Sept 3, with the central bank widely expected to keep the Overnight Policy Rate (OPR) at 2.75 per cent.

Rubber Market Expected To Remain Firm Next Week On Limited Supply

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Aug 29 (Bernama) -- The Kuala Lumpur rubber market is seen to remain firm with a slight upward bias next week, supported by expectations of limited supply of the commodity amid adverse weather conditions.

OSK Posts Higher Net Profit Of RM143.41 Mln In Second Quarter

KUALA LUMPUR, Aug 28 (Bernama) -- OSK Holdings Bhd posted a slightly higher net profit of RM143.41 million in the second quarter ended June 30, 2026 (2Q 2026), compared with RM142.00 million in the corresponding quarter last year.

IHH Healthcare's 2Q Net Profit Surges 29 Pct To RM573 Mln

KUALA LUMPUR, Aug 27 (Bernama) -- IHH Healthcare Bhd’s net profit rose to RM573 million in the second quarter ended June 30, 2026 (2Q FY2026) from RM443 million in the same period last year, representing a 29 per cent increase year-on-year (y-o-y).

Ringgit Ends Lower Against Greenback On Cautious Sentiment Ahead Of Fed Meeting

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 27 (Bernama) -- The ringgit ended lower against the greenback on Thursday amid cautious sentiment ahead of the US Federal Reserve’s (Fed) Jackson Hole symposium.