The ringgit is expected to trade in cautious mode, with an upward bias against the US dollar next week, ahead of a decision by the US Federal Reserve (Fed) on its monetary policy.

Ringgit seen having upward bias against US dollar ahead of Fed decision

KUALA LUMPUR (Dec 8): The ringgit ended higher against the greenback on Friday, as forex traders awaited the release of the US nonfarm payrolls (NFP) data later that night, which will provide further clarity on the interest rate outlook of the United States.

Ringgit closes higher versus greenback ahead of US jobs data

The pound closed in on its largest weekly fall against the yen in a year on Friday, driven by a strong cash flow into the Japanese currency after authorities in Tokyo hinted at a long-awaited change in monetary policy.

Sterling heads for weekly dive versus robust yen

The ringgit reversed its losses to open higher against the US dollar on Friday, amid positive developments in the Asian foreign exchange market.

Ringgit opens firmer against US dollar

KUALA LUMPUR (Dec 7): Anticipating US Federal Reserve’s rate cuts, MIDF Research forecasts the ringgit to strengthen in 2024, averaging at RM4.38 throughout the year, an improvement from a forecast average of RM4.55 in 2023.

MIDF Research forecasts ringgit to strengthen in 2024 amid anticipated Federal Reserve rate cuts

KUALA LUMPUR (Dec 7): The ringgit ended lower against the US dollar for the third consecutive day, despite signs that a weak labour market in the United States (US) could tilt the US Federal Reserve’s (Fed) monetary stance towards an easing bias.

Ringgit lower against US dollar for third consecutive day

The ringgit traded lower against the US dollar at the opening on Thursday, as the US dollar index strengthened by 0.1% to 104.153 points.

Ringgit opens easier as US dollar index strengthens

The ringgit depreciated against the US dollar for the second consecutive day on Wednesday due to a lack of demand as the US dollar index (DXY) continued to strengthen.

Ringgit closes lower against greenback for second consecutive day

The ringgit opened lower against the US dollar on Wednesday, as the greenback firmed on an increase in sentiment over possible interest rate cuts by the US Federal Reserve in 2024.

Ringgit opens lower in early trade

The ringgit ended lower against the US dollar on Tuesday following the weakening in the Chinese yuan after ratings agency Moody's cut its outlook on China's government credit ratings to “negative”.

Ringgit closes lower against US dollar on weakened yuan

China's major state-owned banks were seen swapping yuan for US dollars in the onshore swap market and selling those dollars in the spot market to support the yuan on Tuesday, two sources with knowledge of the matter said.

China's state banks seen swapping and selling dollars for yuan — sources

The ringgit opened slightly lower against the US dollar in early trade on Tuesday due to the lack of demand as the US Dollar Index (DXY) continued to strengthen.

Ringgit opens slightly lower against US dollar

KUALA LUMPUR (Dec 4): Regional currencies including the ringgit are expected to do better against the US dollar in the coming year, backed by news and indicators that the US Federal Fund Rate is possibly close to a peak.

Ringgit to improve on better fundamentals, with Fed Fund Rate seen to peak — BNM deputy governor

The ringgit closed higher against the US dollar on Monday on the expectation that US interest rate hikes are over after dovish comments by US Federal Reserve (Fed) chairman Jerome Powell on Friday.

Ringgit closes higher on expectation US rate hike cycle is over 

KUALA LUMPUR (Dec 10): It is important to establish the chief information security officer position within every ministry to effectively address the issue of data breaches, following recent incidents such as the breach of the Social Security Organisation (Perkeso) database.

Fahmi: Ministries need to appoint chief info security officer to combat data breaches

HONG KONG (Dec 10): Three Hong Kong pro-democracy activists were arrested on Sunday, just before voting began in a "patriots only" district election that has marginalised formerly popular opposition figures in the city, amid a national security clampdown.

Hong Kong activists arrested in city's 'birdcage' election

KUALA LUMPUR (Dec 10): Malaysia has expressesed its utmost concern on any frivolous and vexatious attempts by any parties employing various tactics to undermine and disrupt the course of criminal proceeding currently ongoing against Gonzalo Stampa.

Malaysia expresses utmost concern over attempts to disrupt criminal proceedings against Gonzalo Stampa

BENGALURU (Dec 10): Social media platform X will reinstate the account of US conspiracy theorist Alex Jones after a poll of the site's users backed his return, X owner Elon Musk said on Sunday.

Musk says conspiracy theorist Alex Jones will be reinstated on X after poll

KUALA LUMPUR (Dec 10): A company and its director, a Singaporean, have been charged in the Sessions Court here on four charges of offering RM15 million worth of Islamic redeemable preference shares (iRPS) to the public between Aug 2020 and Aug 2021.

Company, director charged with offering RM15 mil worth of preference shares to public

GAZA/CAIRO (Dec 10): Israel ordered residents out of the centre of Gaza's main southern city Khan Younis and pounded the length of the enclave overnight, after the United States wielded its UN Security Council veto to shield its ally from a demand for a ceasefire.

Palestinians report Israeli battles in Khan Younis after US blocks Gaza ceasefire call

KUALA LUMPUR (Dec 10): A total of 351 sick and abandoned housing projects, with a gross development value (GDV) of RM32.87 billion, have been completed and restored by the Ministry of Local Government Development (KPKT) throughout one year of the Madani Government's administration.

Madani Govt one year anniversary: Restoring 351 problematic housing projects among ministry’s successes

SHANGHAI (Dec 10): China's securities regulator has published draft rules aimed at slashing trading commissions for mutual funds and addressing the conflict of interest between the securities trading and fund sales businesses of brokerages, the latest reform to the US$3.8 trillion mutual fund industry.

China proposes trading cost cuts for mutual funds, to regulate commissions

SHAH ALAM (Dec 10): A total of 97 individuals will receive the state awards, honours and medals in conjunction with the 78th birthday of the Sultan of Selangor Sultan Sharafuddin Idris Shah on Monday (Dec 11).

97 persons to receive awards, medals in conjunction with Selangor Sultan’s birthday

FOLLOWING a recent request for proposals (RFP) from the General Insurance Association of Malaysia aka Persatuan Insurans Am Malaysia (Piam) and the Malaysian Takaful Association (MTA), the Association of Accredited Advertising Agents Malaysia (4As Malaysia) would like to explicitly state its dissatisfaction with the demand by Piam and MTA for the ownership and retention of agencies’ intellectual property.

Association of advertising agents oppose tenders that usurp ownership of intellectual properties of proposals submitted

KUALA LUMPUR (Dec 10):&nbsp;Husband-and-wife team Ng Han Yang and Rachel Leong, scions of property development and timber families, make their first foray into F&amp;B (food &amp; beverage) with the recent opening of Mellow at Petaling Jaya’s Seventeen Mall.

Days of wine + roses

KUANTAN (Dec 10): The installation of the first track for the East Coast Rail Link (ECRL) project will begin on Monday (Dec 11) — three years before the 665-kilometre (km) railway line that connects the East Coast and the West Coast in the peninsula starts operating in January 2027.

King to grace ceremony to instal first ECRL track on Dec 11

KUALA LUMPUR (Dec 10): A company and its director, a Singaporean, have been charged in the Sessions Court here on four charges of offering RM15 million worth of Islamic redeemable preference shares (iRPS) to the public between Aug 2020 and Aug 2021.

KUALA LUMPUR (Dec 10):&nbsp;Travilion Group of Companies launched its Parq Residence project on Dec 8, and it will be one of the tallest residential buildings in Kuching. Chief executive officer (CEO) Datuk Seri John Lau and co-chief operating officer (co-COO) Peter Lau believe the project will do well, thanks to encouraging booking numbers and also their confidence that high-rise living is something Sarawakians are accepting now.&nbsp;

The sky’s the limit

KUALA LUMPUR (Dec 10): The year 2023 saw Malaysia elevate its commitment toward an inclusive and sustainable public transportation service, which augurs well with the newly launched National Energy Transition Roadmap (NETR) that emphasises clean energy.

Sustainability: The buzzword in 2023 for transportation

DUBAI (Dec 9): Countries clashed on Saturday over a possible agreement to phase-out fossil fuels at the COP28 summit in Dubai, jeopardising attempts to deliver a first-ever commitment to eventually end the use of oil and gas in 30 years of global warming talks.

COP28 clashes over fossil fuel phase-out after Opec pushback

SHAH ALAM (Dec 10):&nbsp;A total of 97 individuals will receive the state awards, honours and medals in conjunction with the 78th birthday of the Sultan of Selangor Sultan Sharafuddin Idris Shah on Monday (Dec 11).

KUALA LUMPUR (Dec 10): Saitama Prefecture, which is ranked fifth in terms of population and economic productivity among the prefectures of Japan, is exploring further investment opportunities in Malaysia in the halal food and automated machinery industries.

Japan's Saitama Prefecture keen to invest in halal food, machinery industries in Malaysia

SYDNEY (Dec 10): Australia will triple fees on purchases of existing homes by foreign buyers, Treasurer Jim Chalmers said on Sunday, as part of measures aimed at increasing the supply of affordable housing.

Australia to triple fees on foreign purchasers of existing homes

FOLLOWING a recent request for proposals (RFP) from the General Insurance Association of Malaysia aka Persatuan Insurans Am Malaysia (Piam) and the Malaysian Takaful Association (MTA), the Association of Accredited Advertising Agents Malaysia (4As Malaysia) would like to explicitly state its dissatisfaction with the demand by Piam&nbsp;and MTA for the ownership and retention of agencies’ intellectual property.

SHANGHAI (Dec 10): China's securities regulator has published draft rules aimed at slashing trading commissions for mutual funds and addressing the conflict of interest between the securities trading and fund sales businesses of brokerages, the latest reform to the US$3.8 trillion mutual fund industry.

KUALA LUMPUR (Dec 10): Malaysia has expressesed its utmost concern on any frivolous and vexatious attempts by any parties employing various tactics to undermine and disrupt the course of criminal proceeding currently ongoing against Gonzalo Stampa.

KUALA LUMPUR (Dec 10): A total of 351 sick and abandoned housing projects, with a gross development value (GDV) of RM32.87 billion, have been completed and restored by the Ministry of Local Government Development (KPKT)&nbsp;throughout one year of the Madani&nbsp;Government's administration.

BEIJING (Dec 10): The Philippines and China traded accusations on Sunday over a collision of their vessels in disputed waters of the South China Sea, as tensions over claims in the vital waterway escalate.

Philippines, China trade accusations over South China Sea collision

GAZA/CAIRO (Dec 10): Israel ordered residents out of the centre of Gaza's main southern city Khan Younis and pounded the length of the enclave overnight, after the United States wielded its UN&nbsp;Security Council veto to shield its ally from a demand for a ceasefire.

BENGALURU (Dec 10): Social media platform X will reinstate the account of US conspiracy theorist Alex Jones after a poll of the site's users backed his return, X owner Elon Musk said on Sunday.

KUALA LUMPUR (Dec 10): It is important to establish the chief information security officer position within every ministry to effectively address the issue of data breaches, following recent incidents such as the breach of the Social Security Organisation (Perkeso) database.

Currency

‌
‌

Currency

‌‌

‌
‌