Newsfeed – Business News
Ringgit continues upward momentum ahead of BNM’s OPR decision
KUALA LUMPUR, May 6 — The ringgit continued its upward momentum, closing mostly higher against most major currencies and regional peers on improved sentiment as investors await the decision on […]
Indonesia eyes under‑16 ban on e‑commerce platforms amid scam concerns, says minister
JAKARTA, May 6 — Indonesia’s government is mulling an e-commerce ban for under-16s, the communications minister told AFP today, hot on the heels of Jakarta imposing a sweeping social media […]
Bursa Malaysia closes higher as West Asia tensions ease
KUALA LUMPUR, May 6 — Bursa Malaysia closed higher today as easing West Asia tensions lifted overall market sentiment and encouraged a broader risk-on tone across regional equities, said an […]
Oil tumbles and stocks rally on peace hopes, Samsung tops US$1t
HONG KONG, May 6 — Oil prices dived again today on fresh hopes for an end to the Iran war, while Samsung blasted past the US$1 trillion valuation mark in […]
End of cheap imported EVs as Miti shuts door on CBU units under RM200,000 before taxes
KUALA LUMPUR, May 6 — Starting July 1, imported electric vehicles (EVs) in Malaysia will face a mandatory RM200,000 minimum value and 180kW power floor as the government officially ends […]
Insurance premiums stable for now but pressure is building, says PIAM
KUALA LUMPUR, May 6 — Malaysia’s insurance industry says premiums remain broadly manageable for now, but warns that rising claims costs, climate risks and global uncertainties could put pressure on […]
Premiums stable for now but pressure is building, says PIAM
KUALA LUMPUR, May 6 — Malaysia’s insurance industry says premiums remain broadly manageable for now, but warns that rising claims costs, climate risks and global uncertainties could put pressure on […]
War-risk premiums push up cargo insurance costs on key shipping routes, says PIAM
KUALA LUMPUR, May 6 — Cargo insurance costs for shipments passing through conflict-prone regions are rising as war-risk premiums climb, although base insurance rates remain largely stable, the General Insurance […]
Malaysia Airlines climbs four places in global brand rankings amid premium pivot
KUALA LUMPUR, May 5 — Malaysia Airlines and AirAsia have recorded increases in their estimated brand value over the past year, according to the Airlines 50 2026 report released today […]
Apple agrees to US$250m settlement over 2024 AI Siri claims
SAN FRANCISCO, May 6 — Apple yesterday agreed to pay US$250 (RM988 million) to settle a class action lawsuit accusing it of misleading millions of iPhone buyers by falsely touting […]