Newsfeed – Business News
Chip giant MKS pours RM400m into Penang plant, creates 1,000 high-value jobs
SEBERANG PERAI, June 20 — Global semiconductor technology company MKS Inc today invested more than RM400 million to establish a new Super Center Factory in Penang. Penang Chief Minister Chow […]
Fans win, hotels lose as World Cup tourism bets backfire across host cities
NEW YORK, June 20 — The 2026 World Cup is showing a mixed tourism and hospitality picture across host cities, with early expectations of a major economic windfall increasingly tempered […]
Brexit at 10: Small businesses count the cost of barriers and delays
LONDON, June 20 — Ten years on from a referendum that triggered Britain’s exit from the European Union, the nation’s small- and medium-sized businesses (SMEs) find themselves caught between mountains […]
Iran waives Hormuz transit fees during 60-day US truce window
DUBAI, June 19 — Iran’s Strait of Hormuz body said on Friday it would waive planned fees to use the strait during a 60-day negotiation period under the memorandum of […]
Ringgit slips into weekend as US dollar stays supported by Fed outlook
KUALA LUMPUR, June 19 — The ringgit closed lower against the US dollar on Friday as persistent expectations of a possible US Federal Reserve (Fed) interest rate hike later this […]
Malaysia’s trade hits all-time high of RM328b in May on AI boom
PUTRAJAYA, June 19 — Malaysia’s trade performance shattered previous records in May, as a surge in demand for artificial intelligence (AI) and automotive technologies propelled exports to an all-time monthly […]
Bursa Malaysia extends winning streak to seven sessions on blue-chip rally
KUALA LUMPUR, June 19 — Bursa Malaysia’s composite index ended the week higher, extending its gains for a seventh consecutive session, supported by strong late-session buying in selected blue-chip counters. […]
International traffic at KLIA up 2pc in May amid Visit Malaysia 2026 push, says MAHB
KUALA LUMPUR, June 19 — The continued growth in international traffic reinforces Malaysia’s position as a key regional gateway under the Visit Malaysia 2026 campaign, according to Malaysia Airports Holdings […]
‘Is the whole barrel rotten?’ Australian lawmakers, grilling KPMG, suggest more regulation of audit industry may be needed
Lawmakers question efficacy of partnership structure KPMG lambasted for treatment of whistleblower Former CEO says KPMG didn’t ‘get it right’ and ‘we’re fallible’ SYDNEY, June 19 — Australian lawmakers today […]
Malaysia’s inflation up 2pc in May as information, food and housing groups record gains, says DOSM
KUALA LUMPUR, June 19 — Malaysia’s inflation increased 2.0 per cent in May 2026 with the index points rising to 137.1 from 134.4 versus a year ago, said the Statistics […]