Newsfeed – Business News
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 […]
Proton hits 15-year high with 100,346 units sold in first half of 2026
KUALA LUMPUR, July 2 — Proton has recorded its strongest first-half sales performance in 15 years, delivering 100,346 units in the first six months of 2026. This represents a 39.1 […]
Google loses final appeal against RM19b EU fine over Android antitrust case
BRUSSELS, July 2 — The EU’s top court upheld Thursday a record €4.1 billion (RM18.6 billion) fine the bloc slapped on Google for anti-competitive practices related to its Android operating system. […]
Why high fuel prices made Americans buy more trucks and more hybrids at the same time
NEW YORK, July 2 — Automakers reported mixed second-quarter US sales Wednesday, illustrating continued demand for larger vehicles as well as strength in fuel-efficient models as high gasoline prices reverberated […]
US stocks fall as Fed’s Warsh reaffirms 2pc inflation target
NEW YORK, July 2 — Wall Street stocks retreated following a choppy session Wednesday as Federal Reserve Chair Kevin Warsh emphasised the need to tame inflation ahead of closely-watched US […]
Ringgit strengthens against dollar after US Fed’s cautious tone
KUALA LUMPUR, July 2 — The ringgit opened slightly firmer against the US dollar on Thursday as easing concerns over the United States’ monetary policy outlook lifted sentiment following remarks […]
Ringgit ends lower as Fed rate hike concerns lift US dollar
KUALA LUMPUR, July 1 — The ringgit ended lower against the US dollar today as expectations of a United States (US) Federal Reserve (Fed) rate hike continued to weigh on regional market […]
Bursa Malaysia reverses earlier gains to end lower
KUALA LUMPUR, July 1 —Bursa Malaysia’s benchmark index fell 0.43 per cent to close at its intraday low, reversing earlier gains as a wave of late-session selling erased the day’s […]
China imposes new ‘national security’ rules on overseas investments as tech rivalry with US intensifies
BEIJING, July 1 — China is intensifying its scrutiny of investments overseas with broad “national security” regulations taking effect from today, at a time of rising tech competition with Washington. […]