Newsfeed – Business News
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 […]
Strong global markets lift EPF investment income 48pc to RM57.5b in first half of 2026
KUALA LUMPUR, Aug 17 — The Employees Provident Fund’s (EPF) total investment income rose by 48 per cent to RM57.50 billion in the first six months ended June 30, 2026 […]
EPF sees membership, contributions rise as labour market stays resilient
KUALA LUMPUR, Aug 17 — The Employees Provident Fund (EPF) registered 441,846 new members in the first six months ended June 30, 2026 (1H 2026), bringing total membership to close […]
Ringgit strengthens as resilient 2Q economy boosts investor sentiment
KUALA LUMPUR, Aug 17 — The ringgit opened higher against the US dollar, tracking Malaysia’s stronger-than-expected second quarter 2026 (2Q 2026) Gross Domestic Product (GDP) growth of 6.0 per […]
China takes to ‘Polar Silk Road’, bypassing Red Sea to halve shipping times as global trade faces disruptions
BEIJING, Aug 16 — A Chinese container vessel has set sail for Europe through the Arctic, part of a new weekly service on a route that cuts shipment times in […]
Opel job cuts leave German car town fearing China’s growing auto power
RUESSELSHEIM (Germany), Aug 16 — As Germany’s Opel slashes its engineering ranks and partners with China’s Leapmotor, anxiety is running high in Ruesselsheim, the city it has long dominated. Struggling […]
Hainan’s free trade push opens new money-making opportunities for Malaysia, Asean
KUALA LUMPUR, Aug 16 — Hainan is emerging as a key gateway between China and the global economy as it accelerates the development of its Free Trade Port (FTP), with […]
Markets shrug off climate risks as Europe’s heatwaves pile up economic costs
PARIS, Aug 16 — The heatwaves pummelling Europe this summer will have costly impacts on industries ranging from agriculture to tourism—but that hasn’t stopped stock markets from hitting all-time highs. For […]
Stripe and Advent in talks to buy PayPal in ‘coming weeks’
SAN FRANCISCO, Aug 15 — After rejecting a previous offer, payments giant PayPal is considering a new deal to sell itself to a group of investors that includes private financial […]