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KUALA LUMPUR, Jan 23 (Bernama): The ringgit is expected to strengthen between RM4.0375 and RM4.0575 next week from the RM4.0415 level on Friday amid rising concerns over macro and micro economic environment due to resurgence of Covid-19 cases.
KUALA LUMPUR, Jan 23 (Bernama): Trading on Bursa Malaysia is expected to be cautious ahead of the United States Federal Reserve meeting next week.
Experts say higher commodity prices a plus for the economy
Gold started the year on a rather weak note, as buying momentum wanes.
Chinese economists see ‘negative energy’ and continued US pressure under President Joe Biden, who was sworn in on WednesdayBiden expected to adopt a less antagonistic tone, but his policies may not differ hugely from the Trump administration in the short term
KUALA LUMPUR: The ringgit retreated against the US dollar in opening trade today and was traded mixed against a basket of major currencies ahead of the weekend.
PETALING JAYA: Proceeds from Unisem (M) Bhd’s final tranche of private placement will put the company in a stronger financial position and support its expansion as it caters to growing chip demand.
THE historically eye-popping equity valuations emerging from the pandemic clearly unnerve company analysts – but the macro market take on pricey stock movements appears far more zen.