KUALA LUMPUR: The ringgit opened marginally higher against the US dollar in early trade on Monday amid cautious sentiment, as traders awaited clarity on a possible extension of the trade truce between the United States (US) and China, said an analyst. At 8 am, the local note stood at 4.2110/2310 versus the greenback, compared with Friday’s...
KUALA LUMPUR: The ringgit opened lower against the US dollar on Tuesday as market sentiment turned cautious following the United States’ (US) latest reciprocal tariff policy adjustments, which will take effect on Aug 1, 2025, said an analyst. At 8 am, the local note depreciated to 4.2345/2430 versus the greenback from Monday’s close of 4.2310/2400. Bank Muamalat...
LANGKAWI: An aerial display by three F/A-18D Hornet aircraft and three Sukhoi SU-30MKM fighter jets, belonging to the Royal Malaysian Air Force (RMAF), kick-started the Langkawi International Maritime and Aerospace Exhibition 2025 (LIMA’25) on Tuesday (May 20). The opening of the exhibition and the RMAF Opening Gambit was officiated by Prime Minister Datuk Seri Anwar Ibrahim, who...
KUALA LUMPUR: The ringgit edged up slightly against the US dollar on Monday, as a weaker greenback, weighed down by dovish sentiment from the United States (US) Federal Reserve (Fed) on interest rates and new trade developments related to China, supported the local currency, said an analyst At 8 am, the local currency inched up to...
KUALA LUMPUR: The ringgit opened marginally higher against the greenback on Friday, trading with a wider spread amid lingering uncertainty over global tariffs and weak US economic data, an economist said. At 8 am, the local currency inched up to 4.3115/3310 versus the greenback from Wednesday’s close of 4.3130/3185. The market was closed on Thursday for the Labour...
ALOR SETAR: The Sultan of Kedah, Al-Aminul Karim Sultan Sallehuddin Sultan Badlishah, has called for the state government to boost revenue to implement planned development initiatives and ensure the well-being of the people. He also emphasised the importance of minimising revenue leakage, stating that such losses weaken the state's financial position. "Continuous enforcement must be carried out,...
KAMPAR: Universiti Tunku Abdul Rahman Hospital here has been officially launched by Sultan of Perak, Sultan Nazrin Muizzuddin Shah. His Royal Highness was accompanied by Perak Mentri Besar Datuk Seri Saarani Mohamad, MCA president Datuk Seri Dr Wee Ka Siong, MCA vice-president Datuk Tan Teik Cheng and Berjaya Group Founder Tan Sri Vincent Tan Chee Yioun. The...
KUALA LUMPUR: His Majesty Sultan Ibrahim, King of Malaysia has lauded the country’s economic performance, urging for its benefits to be enjoyed by all the people and not just certain groups. His Majesty also congratulated Prime Minister Datuk Seri Anwar Ibrahim and the government on Malaysia's achievements. “I hope this will continue improving. "However, the government must ensure...
KUALA LUMPUR: The ringgit was almost flat against the US dollar in early trade on Friday, despite the higher US dollar index (DXY), said an analyst. At 8.13 am, the ringgit stood at 4.4350/4450 against the US dollar from Thursday’s close of 4.4350/4.395. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the DXY...
KUALA LUMPUR: The ringgit opened marginally higher against the US dollar today despite the US Dollar Index’s (DXY) strengthening, which should accelerate demand for the greenback. At 8 am, the local note traded slightly better at 4.4330/4465 against the greenback compared with Tuesday’s close of 4.4365/4400. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid...
