KUALA LUMPUR, Nov 11 (Bernama) -- Bursa Malaysia extended its upward momentum for a second consecutive day, driven by a firmer ringgit, renewed optimism across selected sectors, and growing expectations that the United States (US) government shutdown will soon be resolved.
KUALA LUMPUR, Nov 10 (Bernama) -- The ringgit continued its strong footing by opening higher and touched the 4.16 level versus greenback on Monday buoyed by continuous buying interest in the local note.
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 8 (Bernama) -- The ringgit is expected to remain bullish next week although there could be profit-taking activities due to the recent appreciation, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
By Harizah Hanim Mohamed
KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit is seen moving towards the 4.00 to 4.15 level against the greenback by end-2025, after registering a six per cent gain against the US dollar year-to-date, making it the top-performing Asian currency and affirming its steady trajectory.
KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit continues to strengthen against the US dollar this morning after closing 0.14 per cent higher at yesterday’s close, with all eyes on Bank Negara Malaysia’s Monetary Policy Committee’s decision on the overnight policy rate (OPR) later today.
KUALA LUMPUR, Nov 4 (Bernama) -- Boyd Corporation (Boyd), a global innovator in engineered materials and thermal solutions, has signed a definitive agreement to sell its Thermal business to intelligent power management company Eaton for US$9.5 billion. (US$1=RM4.19)
KUALA LUMPUR, Nov 3 (Bernama) -- MBSB Investment Bank Bhd has revised its base case for the ringgit, expecting it to strengthen further against the US dollar and projecting an average forecast for the year to RM4.25 from RM4.30 previously.
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 3 (Bernama) -- The ringgit closed lower compared to the greenback on Monday on a lack of catalysts for the local note ahead of the release of key US economic data.
KUALA LUMPUR, Nov 3 (Bernama) -- Bending Spoons, one of Europe’s leading technology companies, has raised US$710 million in equity at a pre-money valuation of US$11 billion. (US$1=RM4.17)
KUALA LUMPUR, Nov 1 (Bernama) -- The ringgit is expected to maintain its positive momentum next week, with the upcoming Bank Negara Malaysia (BNM) Monetary Policy Committee’s (MPC) decision on the overnight policy rate (OPR) on Nov 6 likely to be the main highlight.
KUALA LUMPUR, Oct 31 (Bernama) -- NEC Corporation (NEC) has announced a definitive agreement to acquire United States-based CSG Systems International Inc (CSG) for US$80.70 per share in cash, valuing the deal at approximately US$2.9 billion, or 438.5 billion Japanese yen, including debt. (US$1=RM4.19)
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 30 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower on Thursday as traders and investors locked in profits following the United States Federal Reserve’s (Fed) latest policy decision, which was seen as a “hawkish cut”.
