Newsfeed – Business News
Ringgit climbs before US Federal Reserve minutes reveal policy hints
KUALA LUMPUR, Aug 19 —The ringgit extended its gains to close higher against the US dollar on Wednesday, supported by last-minute buying ahead of the release of the US Federal Open […]
Bursa Malaysia ends lower amid elevated US treasury yields, tech weakness
KUALA LUMPUR, Aug 19 — Bursa Malaysia ended lower today, as elevated United States (US) Treasury yields and weakness in technology stocks weighed on investor sentiment, an analyst said. However, gains in healthcare […]
SC: Malaysian companies can access Hong Kong market via new simultaneous listing framework
GEORGE TOWN, Aug 19 — Malaysian companies planning initial public offerings (IPOs) will be able to pursue simultaneous listings in Malaysia and Hong Kong using a single set of submission […]
Asia’s AI stocks pummelled as bond yields hit pre-2008 levels
HONG KONG, Aug 19 — Technology stocks were back in the crosshairs of investors Wednesday, taking another heavy blow from a spike in bond yields, rising oil prices, persistent inflation […]
‘Big Tobacco moment’: Meta faces US$200b trial over Instagram and Facebook addiction in kids
OAKLAND, Aug 19 — Meta knowingly hooked and exploited children, a US federal court heard Tuesday in a trial against the social media giant on charges that it deliberately made […]
Ringgit rallies against US dollar as Fed rate hike hopes dims
KUALA LUMPUR, Aug 19 — The ringgit opened higher against the US dollar, supported by expectations that the possibility of a US Federal Reserve (Fed) interest rate hike at its […]
Ringgit closes higher on falling US rate hike odds and strong Malaysia GDP data
KUALA LUMPUR, Aug 18 — The ringgit extended its gains to close higher against major and regional currencies on Tuesday, as declining expectations of a US Federal Reserve interest rate […]
July car sales hit 30-month production high as Malaysia’s auto sector climbs 5pc
KUALA LUMPUR, Aug 18 — Malaysia’s automotive total industry volume (TIV) increased five per cent year-on-year (y-o-y) to 73,615 units in July 2026 from 70,057 units in the same month […]
Malaysia’s jewellery trade keeps sparkling, hits RM12.13b in 1H 2026
KUALA LUMPUR, Aug 18 — Malaysia’s total jewellery trade grew 10 per cent to RM12.13 billion in the first half of 2026 (1H 2026), sustaining the industry’s strong momentum following […]
Spirit’s bankrupt, but its data is flying high after US$10m Google deal
NEW YORK, Aug 18 — Google has bought a vast trove of data from bankrupt US budget airline Spirit Airlines for US$10 million (RM42.3 million) to help train artificial intelligence […]