Newsfeed – Business News
Ringgit slips against US dollar, but gains on euro, yen and pound as markets digest US Fed rate hike
KUALA LUMPUR, Sept 17 — The ringgit ended mostly higher against major currencies on Thursday, but weakened against the greenback, as investors digested the US Federal Reserve’s (Fed) latest interest […]
Losers outpace gainers as Bursa Malaysia extends pullback on US rate fears
KUALA LUMPUR, Sept 17 — Bursa Malaysia’s main index closed lower today after a volatile trading session. An analyst said concerns over rising United States bond yields and the possibility […]
AirAsia, Capital A shares slide amid reports of possible govt intervention
KUALA LUMPUR, Sept 17 — Capital A Bhd and AirAsia Group Bhd emerged among the top three active counters, following reports of potential government intervention in AirAsia’s domestic operations amid […]
Asian markets rise despite the US Fed’s hawkish rate hike
HONG KONG, Sept 17 — Most equities rose Thursday after the Federal Reserve hiked interest rates for the first time in three years and boss Kevin Warsh sounded a hawkish […]
Bursa Malaysia posts modest gain amid geopolitical and oil price concerns
KUALA LUMPUR, Sept 17 — Bursa Malaysia’s key index traded higher today, with bargain hunting expected to support trading, particularly in fundamentally sound blue-chip stocks that have been sold down, […]
Malaysian ringgit falls to 4.085 versus US dollar after first Fed rate hike since 2023
KUALA LUMPUR, Sept 17 — The ringgit opened lower against the US dollar on Thursday as the greenback strengthened following a hawkish outcome from the United States (US) Federal Open […]
US Fed raises interest rates for first time since 2023, Trump sees move as personal attack
WASHINGTON, Sept 17 — The US Federal Reserve on Wednesday raised interest rates for the first time since 2023, defying President Donald Trump’s demand for cuts, as central bank chief […]
Batik Air says it can bring in aircraft quickly to meet domestic demand if required
KUALA LUMPUR, Sept 16 — Batik Air is able to bring aircraft in quickly to absorb or help with the domestic market demand if required, says its chief executive officer […]
Bank of Japan poised to raise rates to 1.25pc amid inflation, weak yen
TOKYO, Sept 16 — The Bank of Japan is poised to raise interest rates again on Friday to counter inflation fuelled by surging energy prices and to support the […]
Report: Govt asks Malaysia Airlines, Batik Air if they can absorb AirAsia routes amid financial strain
KUALA LUMPUR, Sept 16 — Putrajaya has asked Malaysia Airlines and Batik Air whether they could absorb AirAsia’s domestic market share as authorities monitor the financial health of the country’s biggest […]