Newsfeed – Business News
Bursa Malaysia slips as oil‑linked counters drag, sentiment stays fragile
KUALA LUMPUR, Aug 13 — Bursa Malaysia ended on a softer note on Thursday, as selling pressure in oil-related counters weighed on the benchmark index following the rally in the […]
Maersk doubles Q2 profit to US$1.3b, raises full-year outlook
COPENHAGEN, Aug 13 — Shipping giant Maersk raised its full-year earnings guidance Thursday as it reported a doubling of profits in the second quarter, driven by strong demand in Asia […]
Malaysia’s cocoa industry sees sweet recovery as grinding jumps 29pc
KUALA LUMPUR, Aug 13 — Malaysia’s cocoa industry is seeing signs of recovery, with cocoa grinding rising 29 per cent year-on-year to 90,849 tonnes in the second quarter of 2026, […]
Construction sector sustains growth as 2Q work value hits RM47.8b, says Stats Dept
KUALA LUMPUR, Aug 13 — The value of work done in the construction sector rose by 8.8 per cent year-on-year to RM47.8 billion in the second quarter of 2026 (2Q […]
Malaysia’s natural rubber output surges 31.5pc to 26,553 tonnes in June
KUALA LUMPUR, Aug 13 — Malaysia’s natural rubber (NR) production increased by 31.5 per cent to 26,553 tonnes in June 2026 from 20,198 tonnes in May 2026. In its Monthly […]
Seoul leads Asian stocks higher as easing US inflation revives tech rally
HONG KONG, Aug 13 — Seoul led gainers in Asian stocks Thursday as investors continued to push back into tech firms after a summer rout, with confidence boosted by easing […]
Bursa Malaysia retreats as profit-taking weighs on early gains
KUALA LUMPUR, Aug 13 — Bursa Malaysia opened higher on Thursday, but retreated thereafter, amid profit-taking after yesterday’s gain, despite Wall Street ending mostly higher overnight. At 9.08am, the FTSE […]
Ringgit gains against major currencies, slips slightly against US dollar
KUALA LUMPUR, Aug 13 — The ringgit opened higher against major currencies but eased against the US dollar on Thursday, amid a moderation in the highly anticipated US consumer price […]
SME financing remains supportive, but businesses must adapt, says Bank Negara governor
KUALA LUMPUR, Aug 12 — Overall financing conditions for small and medium enterprises (SMEs) remain supportive, with banks and development financial institutions (DFIs) continuing to provide financing to viable businesses. […]
Ringgit ends higher vs US dollar ahead of US inflation data
KUALA LUMPUR, Aug 12 — The ringgit finished higher against the greenback today ahead of the release later tonight of the US Consumer Price Index (CPI) report for July, which is expected […]