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US dollar flexes muscles, ringgit ends Friday trade on a softer note
KUALA LUMPUR, Jan 16 — The ringgit ended marginally lower against the American dollar on Friday, as healthy US economic data lifted the greenback. At 6 pm, the local currency dipped to 4.0555/0605 versus the greenback from Thursday’s close of
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Malaysia’s 2025 growth shows resilience, compares well with China, says economist
KUALA LUMPUR, Jan 16 — The 5.7 per cent gross domestic product (GDP) growth estimate in the fourth quarter of 2025 (4Q 2025) shows that the principles of governance, sustainability and social justice premised on the Madani Economy framework are
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Investors pull back a little, keeping Bursa’s upward trend intact
KUALA LUMPUR, Jan 16 — Bursa Malaysia failed to sustain its early gains and closed lower, weighed down by profit-taking following its recent strong performance, with the benchmark index slipping 0.14 per cent. At 5 pm, the FTSE Bursa Malaysia
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Ringgit nudges higher against US dollar as Malaysia awaits Q4 GDP figures
KUALA LUMPUR, Jan 16 — The ringgit rebounded to open slightly higher against the US dollar ahead of the release of Malaysia’s advance fourth quarter of 2025 (Q4 2025) gross domestic product (GDP) estimates later today. At 8am, the local
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Bursa Malaysia opens lower as profit-taking kicks in after seven-year high
KUALA LUMPUR, Jan 15 — Bursa Malaysia opened lower today, weighed by mild profit-taking after recent gains and tracking weaker overnight cues from Wall Street. At 9.05am, the FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 0.90 of-a-point to 1,710.01 from
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Ringgit edges up against US dollar as falling Treasury yields drag down greenback
KUALA LUMPUR, Jan 15 — The ringgit edged marginally higher against the US dollar today, underpinned by easing US Treasury yields that weighed on the greenback as markets priced in a more accommodative Federal Reserve policy stance. At 8am, the
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China launches monopoly probe into travel giant Trip.com
SHANGHAI, Jan 14 — China’s market regulator said Wednesday it was investigating the country’s largest online travel provider Trip.com Group for suspected violations of the monopoly law. Beijing has previously taken tough regulatory action on major internet companies over monopoly
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Elon Musk’s lawsuit against OpenAI and Microsoft heads to trial April 27
SAN FRANCISCO, Jan 14 — A trial in the lawsuit brought by Elon Musk against OpenAI CEO Samuel Altman and other defendants — including tech giant Microsoft — is scheduled to begin April 27, according to a federal court order
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China’s trade ends 2025 with record trillion-dollar surplus despite Trump tariffs
BEIJING, Jan 14 — China today reported a strong export run in 2025 with a record trillion-dollar surplus, as producers braced for three more years of a Trump administration set on slowing the production powerhouse by shifting US orders to
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Ringgit dips against US dollar amid Iran protests, but rises versus other major currencies
KUALA LUMPUR, Jan 14 — The ringgit opened lower against the US dollar today but higher against major currencies amid mixed market sentiment driven by geopolitical risk and Trump’s ongoing pressure on the US Federal Reserve (US Fed). At 8.01am,
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