Newsfeed – Business News
Ringgit eases against US dollar but gains against most major, regional currencies
KUALA LUMPUR, Sept 11 — The ringgit appreciated against most major and regional currencies today, although it declined against the US dollar. This move was influenced by rising crude oil […]
BYD scraps Tanjung Malim CKD plant plans but local assembly remains on track
KUALA LUMPUR, Sept 11 — BYD Malaysia has confirmed that it will not proceed with plans to build a completely knocked-down (CKD) vehicle assembly plant in Tanjung Malim, Perak, […]
Bursa Malaysia opens lower as Wall Street weakness, US-Iran conflict weigh on sentiment
KUALA LUMPUR, Sept 11 — Bursa Malaysia opened lower today tracking continued weakness on Wall Street as the prolonged US-Iran conflict and high crude oil prices weighed on sentiment, an […]
Ringgit opens lower against US dollar on stronger US economic data
KUALA LUMPUR, Sept 11 — The ringgit opened slightly lower against the US dollar on Friday, weighed by stronger-than-expected US economic data which supported the greenback. At 8 am, the […]
Cheap imports, empty factories: Argentina’s manufacturers feel the squeeze
ESTEBAN ECHEVERRÍA, Sept 10 — In the gloom of a vast warehouse in Argentina, the machines lying idle next to boxes of unsold merchandise represent the collapse of manufacturing under […]
Pecans become latest flashpoint in US-China trade tensions
BEIJING, Sept 10 — China has extended an anti-dumping investigation into pecans from the United States and Mexico, Beijing’s commerce ministry said on Thursday, two weeks before an expected visit […]
Ringgit shrugs off oil spike, rate hike jitters to close higher
KUALA LUMPUR, Sept 10 — The ringgit closed marginally higher against the US dollar on Thursday despite elevated crude oil prices and expectations of a possible US interest rate hike, […]
RHB IB sees RM83b development spending under Malaysia’s Budget 2027
KUALA LUMPUR, Sept 10 — RHB Investment Bank Bhd (RHB IB) estimates that the total federal government allocation for Budget 2027 will be RM437.8 billion. Meanwhile, development expenditure (DE) is […]
FIMM bars three former consultants over forged signatures, investor funds misconduct
KUALA LUMPUR, Sept 10 — The Federation of Investment Managers Malaysia (FIMM) recently reprimanded three former unit trust scheme (UTS) and private retirement scheme (PRS) consultants for misconduct and breaches […]
MPOB: Malaysia’s palm oil stocks climb 7.5pc to 2.82 million tonnes in August
KUALA LUMPUR, Sept 10 — Malaysia’s total palm oil stocks rose by 196,590 tonnes, or 7.48 per cent, to 2.82 million tonnes in August 2026 from 2.62 million tonnes a […]