Newsfeed – Business News
Bursa Malaysia closes slightly higher after BNM holds OPR at 2.75pc
KUALA LUMPUR, May 7 — Bursa Malaysia closed marginally higher today, supported by continued buying in banking heavyweights following Bank Negara Malaysia’s decision to maintain the overnight policy rate (OPR) […]
PNB names Rizal Rickman as new president and group CEO, effective July 1, 2026
KUALA LUMPUR, May 7 — Permodalan Nasional Bhd (PNB) has appointed Datuk Rizal Rickman Ramli as its new president and group chief executive (PGCE), effective July 1, 2026, following the […]
Bank Negara sees steady Malaysia growth in 1Q 2026 despite external risks
KUALA LUMPUR, May 7 — Bank Negara Malaysia (BNM) said Malaysia’s latest economic indicators point towards continued growth momentum in the first quarter of 2026 (1Q 2026), driven by sustained […]
AirAsia to launch new airline as Tony Fernandes shrugs off fuel price pressures
KUALA LUMPUR, May 7 — AirAsia X Bhd co-founder Tan Sri Tony Fernandes says the airline group is preparing to launch a new carrier, pressing ahead with expansion plans despite […]
Bank Negara keeps OPR at 2.75pc as global risks cloud outlook
KUALA LUMPUR, May 7 — Bank Negara Malaysia’s Monetary Policy Committee (MPC) has maintained the Overnight Policy Rate (OPR) at 2.75 per cent during its meeting today. In a statement, […]
Stats Dept: Malaysia services PPI up 2.1pc in 1Q as transport, food costs climb
KUALA LUMPUR, May 7 — Malaysia’s services producer price index (PPI) rose 2.1 per cent in the first quarter of 2026 (1Q 2026), compared with 1.0 per cent recorded in […]
SpaceX lands major AI data centre deal with Anthropic in high-stakes computing push
SAN FRANCISCO, May 7 — AI startup Anthropic announced Wednesday it has agreed to a major computing partnership with Elon Musk’s SpaceX, securing access to a vast data centre as […]
Tesla recalls Model 3, Y, S and X in US over rearview camera fault affecting 219,000 vehicles, crash risk flagged from camera lag issue
SAN FRANCISCO, May 7 — Tesla is recalling 218,868 vehicles in the United States due to delayed rearview camera images that could increase the risk of a crash, the National […]
FMM warns 28pc of manufacturers eyeing job cuts in Malaysia as US-Iran crisis sprawls
KUALA LUMPUR, May 7 — Malaysia’s manufacturing sector is facing a deepening crisis as the ongoing conflict in West Asia cripples supply chains, inflates costs, and now threatens jobs, according […]
AirAsia’s record 150-aircraft Airbus order lifts Capital A shares
KUALA LUMPUR, May 7 — Capital A Bhd shares rose in early trade today following AirAsia Bhd’s placing an order for 150 Airbus A220 aircraft, the largest order for the […]