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Ringgit weakens at opening as economic data continue to prop up US dollar

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
Astro reports Q4FY24 profit of RM44mln

Astro reports Q4FY24 profit of RM44mln

Amid ongoing macroeconomic headwinds and foreign currency volatility, Astro's Q4FY24 revenue1 was resilient q-o-q at RM820mn.
Thu Mar 21 2024
Malaysia’s currency in circulation eases to RM161.8 bln in 2023, first time since 2001

Malaysia’s currency in circulation eases to RM161.8 bln in 2023, first time since 2001

The total value of cash stood at 8.9 per cent of gross domestic product in 2023 versus 9.1 per cent in 2022.
Wed Mar 20 2024
AWANI Tonight: Govt has no plans to peg ringgit – Finance Minister

AWANI Tonight: Govt has no plans to peg ringgit – Finance Minister

Second Finance Minister Datuk Seri Amir Hamzah Azizan says the government has no plans to peg the ringgit as the current economic situation is unlike 1998, when the currency was last pegged.
Tue Mar 19 2024
AWANI Tonight: Ringgit set to strengthen to 4.50 by year-end

AWANI Tonight: Ringgit set to strengthen to 4.50 by year-end

The ringgit is expected to strengthen further and trade at 4.50 to the US dollar by the end of the year on the back of the country's positive economic performance and rising investor confidence.
Thu Feb 29 2024
Malaysia's international reserves at end of Jan 2024 remain stable - BNM

Malaysia's international reserves at end of Jan 2024 remain stable - BNM

Malaysia's international reserves amounted to US$114.85 billion (US$1=RM4.76) at the end of January 2024, while other foreign currency assets stood at US$2.30 million, said Bank Negara Malaysia (BNM).
Thu Feb 29 2024
Ringgit opens lower vs US dollar, stronger against other major currencies

Ringgit opens lower vs US dollar, stronger against other major currencies

The ringgit continued to open lower against the U.S. dollar amid higher-than-expected U.S. inflation data which suggested the Federal Reserve (Fed) might keep the interest rate steady.
Wed Feb 14 2024
Ringgit flat vs US dollar, stronger against other currencies at opening

Ringgit flat vs US dollar, stronger against other currencies at opening

The ringgit was traded almost flat at the opening against the US dollar today on lack of fresh buying interest amid low volatility due to the Thanksgiving holiday.
Fri Nov 24 2023
Notepad Ibrahim Sani: Unlocking Opportunities: Asset Allocation Strategy

Notepad Ibrahim Sani: Unlocking Opportunities: Asset Allocation Strategy

Global inflation and monetary tightening have disrupted markets in 2023, with some regions like Asia facing challenges. Meanwhile, investors are looking for opportunities amid currency fluctuations and evolving fiscal policies. Full episode on market outlook with Munirah Khairuddin, the Country Head & CEO of Principal Malaysia tonight #NotepadWithIbrahimSani
Wed Oct 25 2023
Notepad With Ibrahim Sani: Global Economic Shift Dynamic

Notepad With Ibrahim Sani: Global Economic Shift Dynamic

In the past three months, the global economic environment has undergone significant changes, characterized by a mix of recovery and challenges. Factors such as supply chain disruptions, rising commodity prices, shifting consumer behavior, and central bank policies have influenced global trade patterns, financial markets, and investor sentiment. Additionally, currency fluctuations and political events have impacted bond markets to varying degrees. #NotepadWithIbrahimSani
Mon Jul 17 2023
[COLUMNIST] De-dollarisation: Elbowing USD in a multipolar world

[COLUMNIST] De-dollarisation: Elbowing USD in a multipolar world

Throughout history, the US has often attempted to resolve its economic issues through military interventions across the globe.
Wed Jun 14 2023
World yet to find currency to replace or even compete with Dollar - US Investor

World yet to find currency to replace or even compete with Dollar - US Investor

Countries are making efforts to move away from the US dollar, but have yet to find a currency that could substitute or at least compete with it, renowned American investor Jim Rogers told Sputnik.
Wed May 17 2023
Ringgit remains on a downtrend in early session

Ringgit remains on a downtrend in early session

The ringgit continued to remain on a downtrend against the US dollar in the early session today due to the prevailing risk-off mode.
Wed May 10 2023
Inflation crimps Eid festivities for Karachi orphans

Inflation crimps Eid festivities for Karachi orphans

The crisis drove inflation to a record high of 35% in March, following a depreciating rupee currency.
Thu Apr 20 2023
Argentine artist paints on inflation-hit bank notes

Argentine artist paints on inflation-hit bank notes

Argentina's local artist Sergio Guillermo Diaz finds painting on even the most valuable banknotes has become affordable.
Wed Jan 04 2023
Konsert 'AR Rahman Live in Kuala Lumpur 2024' di SNBJ 27 Julai ini

Konsert 'AR Rahman Live in Kuala Lumpur 2024' di SNBJ 27 Julai ini

Selepas lebih setahun, AR Rahman, kembali ke Malaysia untuk mengubat rindu peminat pada 27 Julai ini.
Thu May 02 2024
Kes 1MDB: Siasatan SPRM dapati Najib lakukan kesalahan salah guna kuasa - Saksi

Kes 1MDB: Siasatan SPRM dapati Najib lakukan kesalahan salah guna kuasa - Saksi

Siasatan SPRM mendapati elemen salah guna kuasa untuk dapatkan rasuah itu dikesan sewaktu pemeteraian perjanjian bersama Aabar PJS.
Thu May 02 2024
Rompin rekod bacaan IPU tidak sihat

Rompin rekod bacaan IPU tidak sihat

Indeks Pencemar Udara (IPU) yang direkodkan pada 11 pagi tadi menunjukkan satu stesen mencatatkan kualiti udara pada tahap tidak sihat iaitu di Stesen Rompin, Pahang disebabkan kebakaran setempat.
Thu May 02 2024
Satya Nadella kongsi visi Microsoft dalam pembangunan AI bersama Agenda AWANI

Satya Nadella kongsi visi Microsoft dalam pembangunan AI bersama Agenda AWANI

Ketua Pengarang Astro AWANI, Ashwad Ismail berpeluang bertemu CEO Microsoft, Satya Nadella bagi memahami dengan lebih mendalam tentang agenda AI.
Thu May 02 2024
Kesan sampingan vaksin: KKM akan dapatkan penjelasan AstraZeneca

Kesan sampingan vaksin: KKM akan dapatkan penjelasan AstraZeneca

Kementerian Kesihatan (KKM) akan mendapatkan penjelasan daripada firma farmaseutikal AstraZeneca berhubung kesan sampingan vaksin COVID-19 seperti yang dilaporkan media antarabangsa baru-baru ini.
Thu May 02 2024
FIFA lulus penggunaan VAR di Liga Malaysia - FAM

FIFA lulus penggunaan VAR di Liga Malaysia - FAM

Penggunaan teknologi Video Bantuan Pengadil (VAR) dalam saingan Liga Malaysia (Liga-M) bermula musim 2024/2025 sudah mendapat pengiktirafan dan kelulusan Persekutuan Bolasepak Antarabangsa (FIFA).
Thu May 02 2024
Niaga AWANI: AirAsia Cambodia mula penerbangan domestik pertama

Niaga AWANI: AirAsia Cambodia mula penerbangan domestik pertama

AirAsia menghubungkan Kemboja dengan laluan antarabangsa dari hab Kuala Lumpur dan Bangkok dengan 63 penerbangan setiap minggu.
Thu May 02 2024
Niaga AWANI: Bukti Malaysia diiktiraf sebagai hab pilihan Asia Tenggara

Niaga AWANI: Bukti Malaysia diiktiraf sebagai hab pilihan Asia Tenggara

Tengku Datuk Seri Zafrul Abdul Aziz, berkata ini menunjukkan keyakinan Microsoft terhadap Asia Tenggara dan kedudukan strategik Malaysia sebagai pintu masuk untuk pertumbuhan.
Thu May 02 2024
Niaga AWANI: Perkhidmatan Skypark Link akan diaktifkan kembali - Anthony Loke

Niaga AWANI: Perkhidmatan Skypark Link akan diaktifkan kembali - Anthony Loke

Beliau menjelaskan terminal itu diharap dapat menarik lebih ramai penumpang ke lapangan terbang kerana ia merupakan antara kawasan paling sesak di Lembah Klang.
Thu May 02 2024
Niaga AWANI: Pengambilalihan Affin Bank, Sarawak tunggu lampu hijau BNM

Niaga AWANI: Pengambilalihan Affin Bank, Sarawak tunggu lampu hijau BNM

Proses pengambil alihan majoriti pegangan saham dalam Affin Bank oleh Kerajaan Sarawak berada di peringkat akhir untuk dimuktamadkan.
Thu May 02 2024