Newsfeed – Business News
Dollar flexes, ringgit eases — crude rally and fragile peace talks rattle markets
KUALA LUMPUR, July 23 — The ringgit closed slightly lower against the US dollar on Thursday as escalating tensions in West Asia fuelled expectations of a potential United States (US) […]
Market steadies after three‑day slide, oil gains fuel Bursa rebound amid global uncertainties
KUALA LUMPUR, July 23 — Bursa Malaysia snapped a three-day pullback to close 0.18 per cent higher on Thursday, as surge in global oil prices supported Malaysia’s energy-related companies, while […]
MBSB streamlines portfolio, divests entire stake in MIDF Amanah Asset Management
PETALING JAYA, July 23 — MBSB Berhad has offloaded its entire stake in MIDF Amanah Asset Management Berhad (MAAM) to Tortoise Works Sdn Bhd. In a move to concentrate resources […]
Rising costs remain top challenge for Malaysian Chinese businesses, ACCCIM survey finds
KUALA LUMPUR, July 23 — Rising production costs continued to weigh on Malaysian Chinese businesses in the first half of 2026, with higher raw material prices and operating expenses […]
Malaysian business confidence weakens in 1H 2026 amid rising costs, global uncertainties, says ACCCIM
KUALA LUMPUR, July 23 — Business confidence among Malaysian firms weakened in the first half of 2026, with the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) Business […]
Yen tumbles to 1986 lows as BoJ faces tough choice on interest rates
TOKYO, July 23 — The Japanese yen appears to be on an inexorable decline and authorities will struggle to reverse that, analysts warn, as the currency wallows at a four-decade […]
EU clears US$110b Paramount-Universal merger but blocks joint distribution
BRUSSELS, July 23 — The European Union on Wednesday gave the conditional green light for Paramount Skydance’s US$110 billion (RM450 billion) takeover of Warner Bros. Discovery. After there were concerns […]
Ringgit slips against US dollar as FOMC rate hike fears mount
KUALA LUMPUR, July 23 — The ringgit eased against the US dollar in the early session, tracking other major currencies, as the domestic unit is likely to stay cautious amid […]
Google Cloud up 80pc, profits triple, capex surges as Alphabet tops Q2 expectations
SAN FRANCISCO, July 23 — Google’s cloud business grew by more than 80 per cent, the company said on Wednesday, which exceeded investor expectations who are looking for signs that […]
Tesla shares tumble after Musk’s cryptic robotaxi claims and spending frenzy
NEW YORK, July 23 — Tesla reported weaker-than-expected quarterly profits on Wednesday despite increased auto sales, depressing shares in after-hours trading amid questions over massive capital spending plans. Elon Musk’s […]