Newsfeed – Business News
Ringgit closes higher on falling US rate hike odds and strong Malaysia GDP data
KUALA LUMPUR, Aug 18 — The ringgit extended its gains to close higher against major and regional currencies on Tuesday, as declining expectations of a US Federal Reserve interest rate […]
July car sales hit 30-month production high as Malaysia’s auto sector climbs 5pc
KUALA LUMPUR, Aug 18 — Malaysia’s automotive total industry volume (TIV) increased five per cent year-on-year (y-o-y) to 73,615 units in July 2026 from 70,057 units in the same month […]
Malaysia’s jewellery trade keeps sparkling, hits RM12.13b in 1H 2026
KUALA LUMPUR, Aug 18 — Malaysia’s total jewellery trade grew 10 per cent to RM12.13 billion in the first half of 2026 (1H 2026), sustaining the industry’s strong momentum following […]
Spirit’s bankrupt, but its data is flying high after US$10m Google deal
NEW YORK, Aug 18 — Google has bought a vast trove of data from bankrupt US budget airline Spirit Airlines for US$10 million (RM42.3 million) to help train artificial intelligence […]
Economists flag risk after RCI finds Tabung Haji used RM4b in management estimates
KUALA LUMPUR, Aug 18 — The Royal Commission of Inquiry (RCI) report’s disclosure that RM4.044 billion of Lembaga Tabung Haji’s (TH) property asset valuations for 2017 was based solely on […]
Australia to spend A$3.2b on one billion-litre fuel reserve after global supply shocks push up prices
CANBERRA, Aug 18 — The Australian government on Tuesday said it will establish a strategic reserve of 1 billion litres of jet fuel and diesel to protect against future supply […]
Ringgit starts stronger as inflation stays in check, tipped to stay within 4.06-4.08 range today
KUALA LUMPUR, Aug 18 — The ringgit opened higher against major currencies but was little changed against the US dollar on Tuesday, amid expectations that the possibility of a US […]
Indonesia rolls out new QRIS credit option with CIMB Niaga on board
JAKARTA, Aug 18 — CIMB Niaga is among eight payment service providers participating in Bank Indonesia’s (BI) newly launched Indonesian Credit Card (KKI), which offers individuals and businesses a new […]
Ringgit gets a boost at market close as US data cools, Fed hike expectations fade
KUALA LUMPUR, Aug 17 — The ringgit closed higher against major and regional currencies on Monday, including the greenback, as softer US economic data dampened expectations of a US Federal […]
Bursa Malaysia ends lower amid geopolitical, global growth concerns
KUALA LUMPUR, Aug 17 — Bursa Malaysia ended lower on Monday as investor sentiment weakened amid renewed concerns over geopolitical tensions and global economic growth, an analyst said. At 5pm, the […]