Newsfeed – Business News
Batik Air trims April flights by 35pc as fuel costs soar
KUALA LUMPUR, April 2 — Batik Air Malaysia will reduce 35 per cent of its scheduled flights in the first half of April, joining other carriers worldwide in scaling back […]
Singapore’s DayOne to invest US$7b to expand Malaysia data centre footprint
KUALA LUMPUR, April 2 — Singapore-headquartered hyperscale data centre operator DayOne Data Centers announced plans on Wednesday to invest more than RM28 billion (about US$6.96 billion) in Malaysia by the […]
Ringgit slips against US dollar as Middle East tensions rattle investors
KUALA LUMPUR, April 2 — The ringgit closed easier against the US dollar today after gaining ground yesterday, with market sentiment remaining cautious amid President Trump’s unpredictable stance on the […]
Bursa Malaysia slides as Middle East tensions dim hopes of quick resolution
KUALA LUMPUR, April 2 — Bursa Malaysia reversed yesterday’s gains to close lower on Thursday, with the key index settling off its lows, as optimism over a swift end to […]
Proton says 2026 Q1 sales hit highest level since 2004, driven by EV growth
KUALA LUMPUR, April 2 — National carmaker Proton said its total sales for the first quarter of 2026 reached their highest level since 2004, supported by strong demand across both […]
Middle East conflict drives up costs, force route changes for Malaysian Aviation Group despite strong demand
KUALA LUMPUR, Apr 2 — Tensions in the Middle East have driven up fuel costs, extended flight times and disrupted routes for Malaysian Aviation Group (MAG), underscoring the challenges facing […]
Malaysian Aviation Group profit more than doubles to RM137m as recovery strengthens amid cost discipline, travel demand
KUALA LUMPUR, Apr 2 — Malaysian Aviation Group (MAG) recorded a net profit of RM137 million for the financial year ended 2025, more than doubling the RM54 million achieved a […]
Hopes dim for swift end to Iran war as markets roil after Trump speech, oil spikes
Trump says Iran will be hit hard for next 2-3 weeks Oil benchmarks rise after speech, stocks slide US nearing completion of core objectives in Iran, Trump says Senior Iranian […]
Bursa Malaysia rises on optimism over easing West Asia conflict
KUALA LUMPUR, April 2 — Bursa Malaysia opened higher today, buoyed by rising optimism that the West Asia conflict could ease soon, said an analyst. At 9.20 am, the FTSE […]
Ringgit strengthens against US dollar, major currencies on optimism over easing tensions
KUALA LUMPUR, April 2 — The ringgit opened higher against the US dollar and major currencies today, supported by optimism that geopolitical tensions may be easing, although the broader market […]