◉ HEADLINES

US Fed

Ringgit strengthens even more after US Fed’s interest rate comment

US Fed chief said an interest rate hike would be unlikely in the near future

Bursa Malaysia opens higher, tracking Wall Street gains

Decreasing likelihood of interest rate hike by US central bank brought relief to investors

Ringgit opens slightly lower against US dollar after US interest rate remains unchanged

US Fed maintained rate due to a lack of progress towards achieving its 2% inflation target

Bursa Malaysia opens lower, tracking regional peers

US’ decision to maintain its interest rate led to a mixed performance in regional economies

◉ Popular

Over 23.6 million to benefit as new electricity tariff kicks in July 1

The Energy Commission has set a new average base tariff of 45.40 sen/kWh for RP4, slightly lower than before, bringing overall electricity costs down by up to 19% compared to the previous regulatory period

Apad confirms inDrive licence revoked effective July 24, but company can appeal

Russian-based company can file appeal through the agency for the Transport Ministry's consideration

Schools may close if air quality worsens, five areas hit unhealthy levels: DOE

The department said the areas recorded unhealthy API readings, warns of RM1mil fine for open burning offenders

Copyright © 2023. All rights reserved.