KUALA LUMPUR: The ringgit opened higher against the US dollar and a basket of major currencies on Monday despite a strong US Dollar Index (DXY) as ongoing geopolitical tensions, with the United States’ (US) involvement in the Israel-Iran conflict, in focus, said an analyst. At 8 am, the local note rose to 4.2420/2655 against the greenback from Friday’s...
KUALA LUMPUR: The RON95 petrol subsidy rationalisation exercise will proceed as planned, says Datuk Seri Anwar Ibrahim. The Prime Minister made this announcement amidst a surge in global crude oil prices following the Israel-Iran conflict. ALSO READ: ‘Don’t delay RON95 revamp’ "There is no issue of raising the price of petrol for the vast majority of up to 85%...
ALOR GAJAH: The government has considered two options to bring home over 800 officers and members of the Malbatt 850-11 Battalion currently on a peacekeeping and humanitarian mission in Lebanon. Deputy Defence Minister Adly Zahari said this follows concerns over the conflicts and unrest occurring in the Middle East. According to a report from Sinar Harian, he...
KUALA LUMPUR: Bursa Malaysia snapped four consecutive days of losses to end higher today as bargain hunting emerged following the recent sell-off, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 5.42 points, or 0.35 per cent, to 1,540.42 from Tuesday’s close of 1,535.0. The benchmark index, which opened 0.05 of-a-point firmer...
