Newsfeed – Business News
China says working with US to cut tit-for-tat tariffs on at least US$30b of goods
BEIJING, May 20 — Beijing will work with Washington on reducing levies affecting tens of billions of dollars in goods, a commerce ministry statement said today, days after US President […]
Talks fail, Samsung union to launch major strike by 50,500 workers
SEOUL, May 20 — A planned strike at South Korean chip giant Samsung Electronics will go ahead from tomorrow, its union said, after talks on bonus payouts collapsed, raising concerns over […]
Ringgit opens mixed as US jobs data lifts dollar
KUALA LUMPUR, May 20 — The ringgit opened mixed against regional peers and was mostly firmer against major currencies today, amid cautious market sentiment following stronger-than-expected US jobs data. At […]
Capital A exits PN17 status after six-year restructuring, eyes new growth phase
KUALA LUMPUR, May 20 — Capital A Bhd has received approval from Bursa Malaysia Securities Bhd for the removal of its Practice Note 17 (PN17) status, effective May 20, 2026. […]
Middle East tourism pain is Europe’s gain: Travellers stay closer to home amid safety risks
PARIS, May 20 — Europeans are choosing to vacation closer to home as the war in the Middle East has amplified security concerns and made long-haul flights more expensive. The outbreak of […]
EPF investment income jumps 51pc in first quarter to RM27.7b, but CEO says gains unlikely to last
KUALA LUMPUR, May 19 — The Employees Provident Fund’s (EPF) total investment income rose by 51 per cent to RM27.73 billion for the first quarter ended March 31, 2026 (1Q […]
Ringgit ends higher against major currencies but slips against US dollar
KUALA LUMPUR, May 19 — The ringgit ended mostly higher against major currencies but eased against the US dollar today as market participants await further developments in West Asia negotiations […]
Bursa slips as geopolitical tensions, inflation concerns keep investors cautious
KUALA LUMPUR, May 19 — Bursa Malaysia ended marginally lower today as investors adopted a more defensive stance amid escalating geopolitical tensions and softer regional risk sentiment. At 5pm, the […]
Taiwan’s Ally Logistic Property to invest RM500m in Malaysia’s first multi-storey smart cold chain facility
KUALA LUMPUR, May 19 — Taiwan-based Ally Logistic Property (ALP) announced a RM500 million investment to develop what it says will be Malaysia’s first developer-built multi-storey automated cold chain facility in Shah […]
Bursa Malaysia tips into the green despite mixed global cues
KUALA LUMPUR, May 19 — Bursa Malaysia opened higher today despite the mixed Wall Street overnight performance. At 9.10 am, the FTSE Bursa Malaysia KLCI rose 2.00 points to 1,729.71 […]