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News
Ringgit opens almost flat vs greenback amid ongoing west Asia conflict
6+ day, 14+ hour ago (113+ words) KLSE Screener Ringgit opens almost flat vs greenback amid ongoing west Asia conflict KUALA LUMPUR: The ringgit was almost flat against the US dollar at Tuesday's open, as investors remained cautious amid the ongoing West Asia conflict, which continued to…...
Ringgit ends lower after US Fed hints at rate hike
1+ week, 6+ day ago (148+ words) KLSE Screener Ringgit ends lower after US Fed hints at rate hike KUALA LUMPUR: 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…...
Gold little changed with US inflation data in spotlight
2+ week, 5+ day ago (316+ words) NEW YORK: Gold was little changed in early Asian trade on Wednesday as investors awaited key US inflation data for clues on the Federal Reserve's interest-rate path. • Spot gold was almost flat at US$4,654.17 per ounce, as of 0011 GMT, after…...
Higher production costs seen to weigh on inflation
2+ week, 5+ day ago (117+ words) KLSE Screener Higher production costs seen to weigh on inflation PETALING JAYA: Inflation is expected to face modest upward pressure in the coming months, although targeted subsidies and subdued demand-driven price pressures should prevent a broad-based acceleration. With consumer price…...
Ringgit ends lower against greenback amid economic D-Day uncertainty
3+ week, 3+ hour ago (155+ words) KLSE Screener Ringgit ends lower against greenback amid economic D-Day uncertainty KUALA LUMPUR: The ringgit ended lower against the greenback on Monday as the threat of an "economic D-Day” on Iran, policy risks ahead of the Jackson Hole symposium and…...
Ringgit poised to see profit-taking after this week's strong rally
3+ week, 1+ day ago (295+ words) KUALA LUMPUR:The ringgit is expected to experience profit-taking next week following its strong rally over the last six trading days. The local note ended at 4.0365/0405 to the US dollar on Friday. Kenanga Research said the ringgit's sharp rally and…...
Tomei remains cautious on FY26 outlook amid volatility
3+ week, 5+ day ago (123+ words) KLSE Screener KUALA LUMPUR: Tomei Consolidated Bhd remains cautious about its prospects for the remainder of the financial year as the general market conditions may continue to be volatile in the midst of the unresolved geopolitical conflicts in the Middle…...