The foreign exchange market is predicted to remain cautious next week, with all eyes on major data points such as the US nonfarm payroll (NFP) and unemployment rate, which will be critical for ringgit-US dollar performance.

US economic data to set direction for ringgit next week

The ringgit closed 0.26% lower against the US dollar on Friday, as the local currency struggled to go beyond the immediate support level of 4.6611 after breaching it this week, said Bank Muamalat Malaysia chief economist and social finance head Mohd Afzanizam Abdul Rashid.

Ringgit ends week lower against US dollar

The ringgit is expected to recover along with other emerging-market currencies once central banks in developed economies are done raising interest rates, according to Bank Negara Malaysia governor Datuk Abdul Rasheed Ghaffour.

BNM chief sees ringgit reprieve as rates peak

The ringgit opened lower against the greenback on Friday, on continued profit-taking after recent gains, and on caution ahead of talk later in the day by US Federal Reserve (Fed) chairman Jerome Powell, said an analyst.

Ringgit opens lower against US dollar in early trade

The ringgit closed lower on Thursday, snapping three consecutive days of gains on pofit-taking after the local note touched the immediate support level of RM4.6611 against the US dollar.

Ringgit retreats after three days of gains on profit-taking

SINGAPORE (Nov 30): The dollar was rooted near a three-month low on Thursday and was set to post its steepest monthly decline in a year as investors ramped up bets that the Federal Reserve is done with rate hikes ahead of a crucial inflation report later in the day.

The dollar index, wh...

Dollar stays near three-month low, focus on inflation data

The ringgit opened lower against the US dollar on Thursday, as the greenback climbed, after data showed that the US economy grew faster in the third quarter, amid rising concerns of an early US interest rate cut, said an analyst.

The ringgit closed higher against the greenback for the third straight day on Wednesday on rising expectations for an early US interest rate cut.

Ringgit ends higher against US dollar for third straight session

The ringgit is expected to strengthen in 2024, driven by several factors, including the government’s fiscal discipline, better global economic growth and easing of uncertainties in the US currency policy, Minister of Economy Rafizi Ramli said.

Ringgit expected to strengthen in 2024, says Rafizi

The ringgit continued its upward momentum to open higher against the US dollar on Wednesday, as US Treasury yields and dollar indices dropped to their lowest in months, said an analyst.

Ringgit continues uptrend against US dollar

The ringgit closed higher against the US dollar on Tuesday driven by weak US housing data released in a joint report from the US Department of Housing and Urban Development and the US Census Bureau on Monday.

Ringgit strengthens against US dollar amid weak US housing data

The ringgit extended Monday’s gains to open higher against the US dollar on Tuesday, amid a weakening greenback and lower US Treasury yields, an analyst said.

Ringgit opens higher as US dollar weakens

The ringgit closed higher against the US dollar compared to last Friday, ahead of the US personal consumption expenditures (PCE) inflation data set to be unveiled later this week.

Ringgit gains ground against US dollar ahead of US PCE data release

The ringgit was traded higher against the US dollar at the opening on Monday, amid mixed data points coming from the US and European Union (EU) purchasing managers indices (PMIs).

Ringgit opens firmer against US dollar amid mixed data

PAS retained the Kemaman seat when its candidate Datuk Seri Dr Ahmad Samsuri Mokhtar won the by-election held for the parliamentary constituency on Saturday.

PAS retains Kemaman parliamentary seat

Three subsidiaries under UEM Group Bhd have signed business agreements with domestic and international companies at the 28th United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates (UAE).

UEM Group's subsidiaries sign multiple agreements at COP28 Dubai

Israeli war planes and artillery bombarded Khan Younis in the south of the Gaza Strip on Saturday, hitting mosques and homes and close to a hospital, after the collapse of a truce in the nearly two-month-old war between Israel and Hamas militants

Israel bombards southern Gaza as humanitarian crisis reaches 'breaking point'

Exxon Mobil Corp and Saudi Arabia’s Aramco, the world’s largest private and state-sector oil companies, led a pledge by 50 oil and gas producers at the COP28 climate summit to cut emissions from their own operations.

Exxon among 50 oil producers in controversial climate pact at COP28

Prime Minister Datuk Seri Anwar Ibrahim will definitely look at the ability of an individual to hold a suitable portfolio in the event of a Cabinet reshuffle, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

Anwar will surely prioritise skillset, knowledgeability in any Cabinet reshuffle, says Fadillah

The polling process for the Kemaman parliamentary by-election, which began at 8am on Saturday, concluded at 6pm when all 49 polling centres were closed.

All ballot boxes from the polling centres, involving 244 streams, will be taken to the vote-tallying centre at Dewan Berlian Utama, Kemaman Municipal Council here.

Kemaman by-election: Voting ends, vote-tallying process begins

The US has pledged US$3 billion (RM14.02 billion) to the Green Climate Fund, Vice President Kamala Harris said on Saturday as she arrived in Dubai for the UN climate summit.

The fund, with more than US$20 billion in pledges, is the largest international fund dedicated to supporting climate action in developing countries.

US pledges US$3b for Green Climate Fund at COP28

Malaysia has pledged its support to ensure the effective implementation of the Asean Working Group on Climate Change (AWGCC) Action Plan, Natural Resources, Environment and Climate Change Minister Nik Nazmi Nik Ahmad said.

COP28: Malaysia committed to supporting Asean climate change action plan

The voter turnout for the Kemaman parliamentary by-election stood at 60% as of 4pm on Saturday, according to the Election Commission (EC).

The figure is nearing the 70% target set by the EC from the 141,043 electors eligible to cast their ballots on Saturday, who have until 6pm before polling centres close.

Kemaman by-election: 60% voter turnout as of 4pm, says EC

Senior lawyer Tan Sri Muhammad Shafee Abdullah is not among the 16 candidates elected to the Bar Council for the 2024/2025 term, after placing 22nd out of the 39 candidates who contested.

Najib’s lawyer Shafee not among those elected to Bar Council for 2024/2025; Fahri Azzat tops polls

Senior lawyer Tan Sri Muhammad Shafee Abdullah is not among the 16 candidates elected to the Bar Council for the 2024/2025 term, after placing 22nd out of the 39 candidates who contested.

The police have opened an investigation paper (IP) against Tan Sri Muhyiddin Yassin for allegedly making statements that touched on the 3Rs (religion, race and royalty) during a campaign for the Kemaman by-election recently.

Kemaman by-election: Police open investigation paper against Muhyiddin over 3R issue

The polling process for the Kemaman parliamentary by-election, which began at 8am on Saturday, concluded at 6pm when all 49 polling centres were closed.

All ballot boxes from the polling centres, involving 244 streams, will be taken to the vote-tallying centre at Dewan Berlian Utama, Kemaman Municipal Council here.

PAS retained the Kemaman seat when its candidate Datuk Seri Dr Ahmad Samsuri Mokhtar won the by-election held for the parliamentary constituency on Saturday.

The government will revive the town hall session which will serve as a platform for ministries and secretaries general (KSU) to inform people about measures and actions taken in response to the findings of the Auditor General’s Report.

Mohd Zuki: Govt to revive town hall session to clarify issues raised in AG's Report

The voter turnout for the Kemaman parliamentary by-election stood at 60% as of 4pm on Saturday, according to the Election Commission (EC).

The figure is nearing the 70% target set by the EC from the 141,043 electors eligible to cast their ballots on Saturday, who have until 6pm before polling centres close.

A key offshore creditor group of China Evergrande Group supports keeping the developer operating, the South China Morning Post (SCMP) reported ahead of a court hearing on Monday that could decide to liquidate the indebted firm.

Evergrande creditor group supports maintaining operations, not bankruptcy — report

WASHINGTON (Dec 1): US manufacturing remained subdued in November, with factory employment declining further as hiring slowed and layoffs increased, more evidence that the economy was losing momentum after robust growth last quarter.

The survey from the Institute for Supply Management (...

US manufacturing mired in weakness, economy heading for slowdown

Prime Minister Datuk Seri Anwar Ibrahim will definitely look at the ability of an individual to hold a suitable portfolio in the event of a Cabinet reshuffle, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

A new digital system is being implemented by the Election Commission (EC) in the Kemaman by-election as a pilot test to improve the electoral system in the country.

EC chairman Tan Sri Abdul Ghani Salleh said the system is intended to facilitate EC officers in handling the election process as well as speed up the announcement of the election results.

Kemaman by-election a pilot test for new system, says EC

Hong Kong has reduced the waiting time for public housing applicants with newborn babies in an effort to support birth rates in the city.

Families with children born on or after Oct 25 this year qualify to apply for Category A tenancy after two years instead of the previous three-year period, according to a statement issued by the Housing Bureau.

Hong Kong cuts public housing waiting time to boost birth rates

Three subsidiaries under UEM Group Bhd have signed business agreements with domestic and international companies at the 28th United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates (UAE).

The police have activated 12 Op Cantas teams to ensure a smooth polling day for Saturday’s Kemaman parliamentary by-election.

Terengganu police chief Datuk Mazli Mazlan said the teams were deployed at several hot spot areas in the parliamentary constituency.

Kemaman by-election: 12 'Op Cantas teams deployed at hotspot areas for smooth polling, says police

Federal Reserve (Fed) Chair Jerome Powell pushed back against Wall Street’s growing expectations of interest-rate cuts in the first half of 2024, saying the committee will move cautiously with borrowing costs at a 22-year high but retain the option to hike further.

Powell brushes off rate-cut bets as Fed moves carefully

One of Elon Musk’s rockets carried a South Korean spy satellite into orbit as the rivalry between the two Koreas expands beyond Earth. &nbsp;

A SpaceX Falcon 9 carrying Seoul’s first domestically made reconnaissance satellite launched from the Vandenberg Space Force Base in California at 10.19am Friday, according to South Korea’s defence ministry.

SpaceX carries South Korea’s first spy satellite to orbit

Exxon Mobil Corp and Saudi Arabia’s Aramco, the world’s largest private and state-sector oil companies, led a pledge by 50 oil and gas producers at the COP28 climate summit to cut emissions from their own operations.

Malaysia has pledged its support to ensure the effective implementation of the Asean Working Group on Climate Change (AWGCC) Action Plan, Natural Resources, Environment and Climate Change Minister Nik Nazmi Nik Ahmad said.

The US has pledged US$3 billion (RM14.02 billion) to the Green Climate Fund, Vice President Kamala Harris said on Saturday as she arrived in Dubai for the UN climate summit.

The fund, with more than US$20 billion in pledges, is the largest international fund dedicated to supporting climate action in developing countries.

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