tags - Sinar Daily

China's Peng Shuai hits a return against Japan's Nao Hibino during their women's singles match on day two of the Australian Open tennis tournament in Melbourne on January 21, 2020. - Professional women's tennis tournaments will resume in China in September after a 16-month boycott over concerns for the safety of Chinese player Peng Shuai, the WTA announced on April, 13.. The former doubles world number one has not been seen outside China since first making, and then withdrawing, accusations of sexual assault against a high-ranking official. - Pic: AFP

This handout picture released by the Brazilian Presidency shows Brazilian First Lady Rosangela "Janja" da Silva (2-L), Brazilian President Luiz Inacio Lula da Silva (C), Huawei Board of Directors' Chairman Liang Hua (2-R) and President of Brazil's Federal Senate Rodrigo Pacheco (R) posing for a picture at the Huawei Research and Development Center in Shanghai, China on April 13, 2023. - Brazilian President Luiz Inacio Lula da Silva arrived to China on Wednesday for an official visit aimed at boosting the already deep ties between the Asian giant and Latin America's biggest economy. The veteran leftist, who is due to meet his counterpart Xi Jinping Friday in Beijing, said he planned to invite Xi to come to Brazil to repay the visit. (Photo by Ricardo STUCKERT / Brazilian Presidency / AFP) / RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT "AFP PHOTO / BRAZILIAN PRESIDENCY / RICARDO STUCKERT" - NO MARKETING NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS

The ringgit opened higher against a weaker US dollar on Thursday, following the release of the United States (US) inflation data, said an analyst.

World Bank Group President David Malpass

The government remains committed to implementing policies that can bolster the nation’s economic growth and competitiveness to attract funds that will strengthen the international reserves and the ringgit.

The ringgit retreated from two consecutive days of gains to open lower against the US dollar on Thursday, amidst softening data points, said an economist.

Umno Youth chief Dr Akmal Saleh

The ringgit is likely to trade on a bullish bias next week, below the RM4.40 level within the 4.3925-4.4175 range against the US dollar, said an analyst.

Economists are projecting a better outlook for the ringgit in the second quarter (Q2) of 2023 amid the country's relatively resilient economic outlook.

In a statement today, Sapura Energy said the full-year results for FY2023 are showing noteworthy progress in its efforts to regain operational stability.