Bursa Malaysia struggles to stay positive, CI Down 0.78 pct at close
Investors remained wary of major central bank decisions, key economic data, and earnings announcements from the US mega-cap companies.
Tue Jul 30 2024
Ringgit opens higher ahead of key US economic data
Contrary to the ringgit's performance against the major currencies, the local note was stronger against its ASEAN peers.
Wed Jul 03 2024
Consider This: Economic Sentiment - Growth or Gloom?
A recent survey by market research agency, Ipsos, revealed that two-thirds (68%) of Malaysians believe the economy is in a recession, despite official reports of 3.7% economic growth last year. Why is there such a stark contrast between consumer sentiment and economic data? And how do we reconcile the lived experiences of Malaysians with these seemingly positive economic indicators? Tonight on #ConsiderThis Melisa Idris speaks to Professor Dr Ong Kian Ming, Pro Vice-Chancellor of External Engagement for Taylor's University, and Ibrahim ‘Ben’ Suffian, Co-founder & Programmes Director of Merdeka Center for Opinion Research.
Mon Jul 01 2024
Ringgit weakens at opening as economic data continue to prop up US dollar
The ringgit slipped further against the US dollar when the market opened today, as positive US economic data points continued to support the greenback.
Tue Apr 02 2024
Ringgit opens higher vs US dollar backed by solid economic data
At 9 am, the local note rose 20 basis points to 4.3700/3760 against the greenback from Monday's close of 4.3720/3765.
Tue Jan 10 2023
Ringgit opens lower against US dollar amid strong us economic data
Stephen Innes said the unexpectedly strong US economic data had triggered a minor reversal of sorts in broader US dollar sentiment.
Tue Dec 06 2022
Ringgit to stay under pressure on US interest rate rise
Strong US economic data which showed US consumer confidence rose to the highest in more than 15 years in December would encourage the Federal Reserve to be more aggressive in its monetary policy.
Sat Dec 31 2016
Asian stocks post biggest daily gain in two weeks
Asian stocks posted their biggest rise in two weeks as investors judged the selloff after Italy's referendum to be overdone, with robust U.S. economic data also helping sentiment.
Tue Dec 06 2016
Asian shares near two-month high ahead of China data
Asian shares held little changed near two-month highs in early Monday trade, with investors looking to a range of economic data from China.
Mon Oct 19 2015
Ringgit likely to trend downwards next week on lower demand
The ringgit is expected to be on a downtrend next week against the US dollar as investors gained confidence in the greenback.
Sat Jun 27 2015
Oil prices rise in Asian trade
Oil prices edged higher in Asian trade Wednesday following upbeat global economic data but a lack of fresh leads was curbing further gains, analysts said
Wed Apr 02 2014
Oil prices slip, sparks demand worries
Global oil prices fell as a raft of downbeat company news and economic data sparked fresh concern about the strength of future energy demand
Tue Jan 15 2013