Newsfeed – Business News
Rohas Tecnic unit cleared as MACC concludes AMLA related investigation
KUALA LUMPUR, July 3 — Rohas Tecnic Bhd’s 86.8 per cent-owned unit, HG Power Transmission Sdn Bhd (HPGT), has received confirmation from the Malaysian Anti-Corruption Commission (MACC) that its investigation […]
Softer US jobs data helps ringgit finish trading week on stronger footing
KUALA LUMPUR, July 3 — The ringgit ended higher against the US dollar at the close of the trading week, supported by favourable Asian currency sentiment following the latest United […]
Chinese investors rush to Hong Kong as Beijing tightens overseas stock trading rules
HONG KONG, July 3 — Soon after disembarking at Hong Kong’s train station, Chinese private investor Feng was opening a stock trading account at a nearby brokerage, hoping to […]
Banking rally lifts Bursa Malaysia nearly 17 points on softer US jobs data
KUALA LUMPUR, July 3 — Bursa Malaysia ended today’s trade with a bounce on the back of a rally in banking stocks as investor sentiment improved following softer-than-expected US labour market […]
Manufacturing powers Penang’s economy to 7.3pc growth in 2025
GEORGE TOWN, July 3 — Penang’s economy grew 7.3 per cent in 2025, with its gross domestic product (GDP) reaching RM130.3 billion. According to the Department of Statistics Malaysia […]
Banks say RM1 ATM fee waiver implementation smooth nationwide
KUALA LUMPUR, July 3 — The RM1 fee waiver for interbank ATM cash withdrawals took effect smoothly on July 1, 2026, as part of the banking industry’s efforts to ease […]
Bursa starts firmer on consumer stocks as oil prices ease inflation concerns
KUALA LUMPUR, July 3 — Bursa Malaysia opened higher today despite mixed overnight cues from Wall Street, supported by consumer stocks as lower crude oil prices fuelled expectations of […]
Ringgit strengthens against US dollar after weaker-than-expected US jobs report
KUALA LUMPUR, July 3 — The ringgit opened firmer against the US dollar today after weaker-than-expected US jobs data for June reinforced expectations that the Federal Reserve (Fed) could adopt a […]
Bursa Malaysia closes higher on strength in banking and telecom stocks
KUALA LUMPUR, July 2 — Bursa Malaysia extended its gains to close higher today, supported by strength in telecommunications stocks and a rebound in heavyweight banking counters, which kept […]
Ringgit advances against greenback as traders await fresh US economic data
KUALA LUMPUR, July 2 — The ringgit ended higher against the US dollar and regional currencies today as the greenback remained subdued following a lack of clear guidance on […]