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Economic

Ringgit opens lower against US dollar

KUALA LUMPUR (Sept 27): The ringgit opened lower against the US dollar on Tuesday (Sept 27) as the greenback continued its bullish run on the back of an aggressive US monetary policy stance to tame inflation there, said a dealer. At 9am,…

Bursa Malaysia opens lower

KUALA LUMPUR, Sept 26 — Bursa Malaysia opened 5.71 points lower this morning, tracking the Wall Street’s weak performance last Friday. At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) declined to 1,419.27 from Friday’s close of…

What is Forex? Clarity amidst confusion

Every sixth Malaysian came across Forex before. However, some questions about it remain to be answered. This overview outlines the fundamentals of the financial market and answers the safety concerns that often arise with regard to it.…

Bursa Malaysia opens marginally lower

KUALA LUMPUR (Sept 23): Bursa Malaysia opened marginally lower today, tracking the Wall Street which slipped for the third consecutive trading day as central banks’ rate hikes continued to weigh on sentiment. Swiss National and Bank of…