Newsfeed – Business News
Struggling Continental to sell ContiTech in €4b deal as German auto supplier accelerates restructuring
FRANKFURT, July 4 — German auto supplier Continental announced today a €4-billion (RM18.7-billion) deal to sell a division to a US investment group, the latest move in a major restructuring. […]
Ringgit likely to stay in RM4.05-RM4.07 band ahead of key US and BNM policy signals
KUALA LUMPUR, July 4 — The ringgit is expected to trade between RM4.05 and RM4.07 against the US dollar next week, with market attention likely to centre on the United […]
Bursa Malaysia poised to extend uptrend, eyes 1,700 level next week
KUALA LUMPUR, July 4 — Bursa Malaysia’s benchmark index is expected to extend its recovery next week and test the psychological 1,700-point level, underpinned by Friday’s strong rebound and continued […]
Rohas Tecnic unit cleared as MACC concludes AMLA related investigation
KUALA LUMPUR, July 3 — Rohas Tecnic Bhd’s 86.8 per cent-owned unit, HG Power Transmission Sdn Bhd (HPGT), has received confirmation from the Malaysian Anti-Corruption Commission (MACC) that its investigation […]
Softer US jobs data helps ringgit finish trading week on stronger footing
KUALA LUMPUR, July 3 — The ringgit ended higher against the US dollar at the close of the trading week, supported by favourable Asian currency sentiment following the latest United […]
Chinese investors rush to Hong Kong as Beijing tightens overseas stock trading rules
HONG KONG, July 3 — Soon after disembarking at Hong Kong’s train station, Chinese private investor Feng was opening a stock trading account at a nearby brokerage, hoping to […]
Banking rally lifts Bursa Malaysia nearly 17 points on softer US jobs data
KUALA LUMPUR, July 3 — Bursa Malaysia ended today’s trade with a bounce on the back of a rally in banking stocks as investor sentiment improved following softer-than-expected US labour market […]
Manufacturing powers Penang’s economy to 7.3pc growth in 2025
GEORGE TOWN, July 3 — Penang’s economy grew 7.3 per cent in 2025, with its gross domestic product (GDP) reaching RM130.3 billion. According to the Department of Statistics Malaysia […]
Banks say RM1 ATM fee waiver implementation smooth nationwide
KUALA LUMPUR, July 3 — The RM1 fee waiver for interbank ATM cash withdrawals took effect smoothly on July 1, 2026, as part of the banking industry’s efforts to ease […]
Bursa starts firmer on consumer stocks as oil prices ease inflation concerns
KUALA LUMPUR, July 3 — Bursa Malaysia opened higher today despite mixed overnight cues from Wall Street, supported by consumer stocks as lower crude oil prices fuelled expectations of […]