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.
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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 15 (Bernama) -- The government will study the need and strategies for creating a national petroleum reserve stock as a measure to ensure energy security and strengthen the country's resilience in the face of geopolitical uncertainties and global supply crises.
By Siti Noor Afera Abu
KUALA LUMPUR, July 15 (Bernama) -- Bursa Malaysia’s key index closed lower as investors locked in profits following three consecutive sessions of gains, with banking and oil and gas counters leading the decline.
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) -- Bursa Malaysia trended lower at midday, weighed down by profit-taking, mainly in the banking and utilities counters.
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) -- Malaysia’s second quarter (2Q 2026) gross domestic product (GDP) growth is expected to moderate to 4.8-5.0 per cent from 5.4 per cent in 1Q 2026, an economist said.
KUALA LUMPUR, July 15 (Bernama) -- Countries bordering the Strait of Melaka must embark on a multinational defence cooperation by conducting stress tests and simulations in the strait to better prepare for potential geopolitical crises, an analyst said.
KUALA LUMPUR, July 15 (Bernama) -- Bursa Malaysia opened higher on Wednesday, supported by improved investor sentiment ahead of Malaysia's advance estimate for second-quarter (2Q) gross domestic product (GDP), while tracking Wall Street's mostly positive performance.
By Siti Noor Afera Abu
KUALA LUMPUR, July 14 (Bernama) -- Bursa Malaysia extended its rally to close more than one per cent higher on Tuesday, lifted by strong buying interest in oil and gas as well as banking counters as investors positioned for potentially firmer energy prices following renewed hostilities between the United States and Iran.
KUALA LUMPUR, July 14 (Bernama) -- Bursa Malaysia ended the morning session higher, with the benchmark index gaining 0.86 per cent on sustained buying interest in banking stocks.