The dollar hit new multi-month highs against the euro and the pound on Thursday, the first day of 2025 trading, as it built on last year's strong gains on expectations US interest rates will remain high relative to peers.

Dollar resumes upward trend, euro hits lowest since November 2022

The dollar’s slump is fueling rallies in other major currencies, sending the euro and British pound to fresh 2024 highs as traders home in on the path ahead for global interest rates.

Dollar’s losing streak sends euro, pound to fresh 2024 highs

The drop in daily foreign exchange turnover on Monday was most likely due to the public holiday in US markets, according to Bank Negara Malaysia.

Drop in Monday's daily FX turnover most likely due to public holiday in US markets — BNM

Malaysia’s daily foreign exchange (forex) turnover declined to below US$6 billion (about RM24.93 billion) for the first time since February 2021 after the figure dropped sharply to US$5.88 billion yesterday from US$9.81 billion last Friday, according to Bank Negara Malaysia's (BNM) latest updates.

Sharp drop in Malaysia’s daily foreign exchange turnover to below US$6b for first time since February

KUALA LUMPUR (June 15): Malaysia's daily foreign exchange (forex) turnover fell to US$9.87 billion (about RM40.66 billion) yesterday (Monday, June 14) from RM10.1 billion on Friday (June 11), according to latest updates on Bank Negara Malaysia's (BNM) website.

BNM: Malaysia's daily forex turnover dips below US$10b for first time since June 2

Most Asian currencies were marginally easier on Thursday, as U.S. trade tensions with both China and Mexico kept investors wary of emerging markets.

Most Asian currencies ease marginally, trade tensions nag

LONDON (May 10): The dollar held firm on Thursday underpinned by gains in long-term U.S. Treasury yields and investors focused on U.S. consumer price data later in the day that could show inflation rising.

The dollar index stood little changed against a basket of six major currencies .D...

Dollar stands tall underpinned by higher yields

KUALA LUMPUR (Nov 30): Malaysia's Royal Commission of Inquiry (RCI) affirmed that Bank Negara Malaysia (BNM) incurred RM31.5 billion worth of foreign exchange (forex) losses due to the central bank's forex dealings in the 1990s.

According the RCI's report, the commission alleged that BN...

Malaysia RCI affirms Bank Negara's RM31.5b forex loss

KUALA LUMPUR (Oct 24): AmBank Research expects the ringgit (MYR) to trade between 4.2304 and 4.2482 versus the US dollar (USD) today.

In its AmBankFXDaily today, the research house said MYR fell by 0.29% to 4.2373 against USD could be partly due to some selling in the 5-year and 10-year...

Ringgit to trade between 4.2304 and 4.2482 vs USD today, says AmBank Research 

KUALA LUMPUR (Oct 23): AmBank Research expects the ringgit (MYR) to trade with a downward trend today versus the US dollar where the support is at 4.2180 and resistance of 4.2328.

In its AmBankFXDaily note today, it said the relativ strength index is envisaged to remain stable.

<...

AmBank Research expects ringgit to trade between 4.2180 and 4.2328 vs USD today 

KUALA LUMPUR (Oct 12): AmBank Research expects the ringgit (MYR) to trade towards a bullish bias for today between 4.2066 and 4.2256 versus the US dollar (US$).

In its AmBankFXDaily note today, the reseatch house said positive MACD is narrowing closer while the relative strength index i...

AmBank Research expects ringgit to trade between 4.2066 and 4.2256 today vs USD

KUALA LUMPUR (Oct 11): AmBank Reseach expects the ringgit (MYR) to trade between a range of 4.2117 and 4.2429 versus the US dollar (USD) today.

In its AmBankFXDaily note today, the research house said the MYR closed higher by 0.29% to 4.2195 against USD, supported by rising oil price wi...

AmBank Research expects ringgit to trade between 4.2117 and 4.2429 vs USD today 

KUALA LUMPUR (Oct 10): AmBank Research expects the ringgit (MYR) to trade between 4.2261 and 4.2429 today, and said the relative strength index still remains in the stable region while the positive MACD is narrowing.

In its AmBankFXDaily note today, the research house said yhe MYR rose ...

AmBank Research expects ringgit to trade between 4.2261 and 4.2429 today vs USD 

KUALA LUMPUR (Oct 6): AmBank Research expects the ringgit (MYR) to trade with a downward trend at 4.2195 and resistance of 4.2361 versus the US Dollar (USD) today.

In its AmBankFXDaily today, the research house said the MYR fell marginally by 0.02% to 4.2285 against the USD.

“...

Ringgit to trade between 4.2195- 4.2361 versus USD today, says AmBank Research 

According to the World Economic Forum’s Future of Jobs Report 2025, technological change, geoeconomic fragmentation, economic uncertainty, demographic shifts and the green transition – individually and in combination – are among the major drivers expected to shape and transform the global labour market by 2030.

How secure is your job? Macrotrends shaping global labour market  

KUALA LUMPUR (Jan 28): A moderate earthquake measuring 5.9 on the Richter scale was detected in the Minahassa Peninsula, Indonesia, at 10.53pm on Tuesday night. Tremors were also felt around Semporna, Tawau, and Lahad Datu in Sabah.

Moderate earthquake jolts eastern Indonesia, tremors felt in Sabah

KUALA LUMPUR (Jan 28): Prime Minister Datuk Seri Anwar Ibrahim expressed hope that Wednesday’s Chinese New Year (CNY) celebrations will mark a fresh start, strengthening the spirit of unity and familial bonds for the benefit of the nation.

PM hopes CNY 2025 celebrations will mark fresh start to strengthen nation’s unity

KUALA LUMPUR (Jan 28): One man was killed and four others sustained minor injuries after trespassing onto the Keretapi Tanah Melayu Bhd (KTMB) railway tracks between Teluk Pulai and Klang on Tuesday.

One dead, four injured after trespassing on KTMB railway tracks

KOTA KINABALU (Jan 28): The Malaysian Anti-Corruption Commission (MACC) in Sabah has detained a former director of a state government agency for allegedly soliciting and receiving bribes worth approximately RM110,000.

MACC arrests former Sabah agency director over alleged bribery worth RM110,000

GOMA, Democratic Republic of Congo (Jan 28): Rebels seized the airport of east Congo's largest city Goma on Tuesday, potentially cutting off the main route for aid to reach hundreds of thousands of displaced people, after capturing the city in an offensive that left dead bodies lying in the streets.

Congo’s M23 rebels take control of Goma airport, embassies attacked in capital

MONTREAL/SEATTLE/WASHINGTON/BENGALURU (Jan 28): Boeing said on Tuesday that it was making progress on increasing plane production, and its shares jumped nearly 8%, despite the company recording its biggest annual loss in four years.

Boeing stock rallies on plane progress despite US$11.8b annual loss

BENGALURU (Jan 28): European shares closed at a record high on Tuesday, with retail stocks leading broader gains, as selling pressures ebbed a day after the Chinese artificial intelligence (AI) startup DeepSeek triggered a global market rout.

European shares close at record high as tech jitters abate

BENGALURU (Jan 28): The S&P 500 swung between gains and losses on Tuesday, as advancing megacap stocks including Apple helped arrest declines, even as a mixed bag of corporate earnings fuelled volatility.

S&P 500 choppy as megacap gains counter broader weakness

SEOUL (Jan 28): An Airbus plane belonging to South Korean carrier Air Busan caught fire on Tuesday at Gimhae International Airport in the country's south, while preparing for departure to Hong Kong, fire authorities said.

Air Busan Airbus plane catches fire at S.Korea's Busan airport, no casualties

KUALA LUMPUR (Jan 28): The sell-off of artificial intelligence (AI) proxies continued on Tuesday, with approximately RM23.33 billion in market capitalisation among 15 Bursa Malaysia-listed companies wiped out since mid-January this year.

US chip policy, DeepSeek wipe out RM23b market cap in 15 AI proxy companies on Bursa

(Jan 28): The success of DeepSeek’s new artificial intelligence (AI) model points to how China might eventually achieve an even bigger technological breakthrough in the face of US export curbs: Producing its own cutting-edge chips.

DeepSeek shows China playbook for even bigger US shock on chips

KUALA LUMPUR (Jan 28): Malaysia’s oil and gas (O&amp;G) upstream services segment could anticipate a stable outlook for the next three years, supported by crude oil price projections of US$70-US$80 per barrel, according to the Petronas Activity Outlook 2025-2027.

Stable upstream O&G outlook seen in Petronas Activity Outlook 2025-2027

KUALA LUMPUR (Jan 28): Here is a brief recap of some business news and corporate announcements that made the headlines on Tuesday:

MAHB, TH Plantations, Salcon, Kinergy Advancement, Datasonic, EVD, Key Alliance, Taghill, Malakoff, Eonmetall and Ecobuilt

KUALA LUMPUR (Jan 28): The Philippine House of Representatives on Tuesday passed a special resolution to recognise the efforts and commitment of the Malaysian Parliament in expanding regional parliamentary cooperation.

Philippine House of Reps passes resolution recognising Malaysia’s efforts in expanding parliamentary cooperation

KUALA LUMPUR (Jan 28): His Majesty Sultan Ibrahim, King of Malaysia, and Her Majesty the Queen, Raja Zarith Sofiah, have extended Chinese New Year greetings to Malaysians celebrating the occasion.

King, Queen extend Chinese New Year greetings

SEOUL (Jan 28): An Airbus plane belonging to South Korean carrier Air Busan&nbsp;caught fire on Tuesday at Gimhae International Airport in the country's south, while preparing for departure to Hong Kong, fire authorities said.

KUALA LUMPUR (Jan 28): Loss-making construction company Ecobuilt Holdings Bhd (KL:ECOHLDS) has proposed a share capital reduction to wipe out its accumulated losses, as well as a rights issue to raise fresh capital.

Ecobuilt plans capital reduction and rights issue

KUALA LUMPUR (Jan 28): Steel product manufacturer Eonmetall Group Bhd (KL:EMETALL) has proposed a private placement of up to 30% of its share base to raise&nbsp;RM22.14 million.

Eonmetall plans private placement to raise RM22m for debt repayment, working capital

KUALA LUMPUR (Jan 28): One man was killed and four others sustained minor injuries after trespassing onto the Keretapi Tanah Melayu Bhd (KTMB) railway tracks between Teluk Pulai and Klang on Tuesday.

COLOMBO (Jan 28): The Sri Lankan government has started talks with India's Adani Group to lower the cost of power from two wind power projects the group will build in the island nation's northern province, the cabinet spokesman said on Tuesday.

Sri Lanka says talking with Adani Group to lower wind power purchase cost

KUALA LUMPUR (Jan 28): The Ministry of Investment, Trade and Industry (Miti) needs to intensify efforts in formulating strategies to ensure the trade and investment target of RM13 billion at the World Expo 2025 in Osaka, Japan, (Expo 2025 Osaka) is achieved.

Miti must intensify efforts to achieve RM13b trade and investment target at World Expo 2025 in Osaka — Fadillah

KUALA LUMPUR (Jan 28): A&nbsp;moderate earthquake measuring 5.9 on the Richter scale was detected in the Minahassa Peninsula, Indonesia, at 10.53pm on Tuesday night. Tremors were also felt around Semporna, Tawau, and Lahad Datu in Sabah.

KOTA KINABALU (Jan 28): The Malaysian Anti-Corruption Commission (MACC) in Sabah has detained a former director of a state government agency for allegedly soliciting and receiving bribes worth approximately RM110,000.&nbsp;

BENGALURU (Jan 28): The S&amp;P 500 swung between gains and losses on Tuesday, as advancing megacap stocks including Apple helped arrest declines, even as a mixed bag of corporate earnings fuelled volatility.

GOMA, Democratic Republic of Congo (Jan 28): Rebels seized the airport of east Congo's largest city Goma on Tuesday, potentially cutting off the main route for aid to reach hundreds of thousands of displaced people, after capturing the city in an offensive that left dead bodies lying in the streets.

KUALA LUMPUR (Jan 28): Prime Minister Datuk Seri Anwar Ibrahim expressed hope that Wednesday’s Chinese New Year (CNY) celebrations will mark a fresh start, strengthening the spirit of unity and familial bonds for the benefit of the nation.

MONTREAL/SEATTLE/WASHINGTON/BENGALURU (Jan 28): Boeing said on Tuesday that it was making progress on increasing plane production, and its shares jumped nearly 8%, despite the company recording its biggest annual loss in four years.

BENGALURU (Jan 28): European shares closed at a record high on Tuesday, with retail stocks leading broader gains, as selling pressures ebbed a day after the Chinese artificial intelligence (AI)&nbsp;startup DeepSeek triggered a global market rout.

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