Newsfeed – Business News
Asian stocks drop as oil spike fans rate hike bets, eyes on US jobs
HONG KONG, Oct 2 — Asian stocks dropped Friday as investors grow increasingly concerned about surging oil prices and bond yields, while key jobs data later in the day will […]
Ringgit opens higher against US dollar on stronger demand
KUALA LUMPUR, Oct 2 — The ringgit opened higher against the US dollar and most major currencies on today, supported by stronger demand for the local currency despite firmer US […]
Flags and pho on show as Pandora opens huge Vietnam plant
HO CHI MINH CITY, Oct 1 — The world’s largest jewellery brand showed off bracelet charms featuring Vietnam’s national flag and a bowl of pho noodle soup as it opened […]
Ringgit slips against US dollar but gains against major currencies
KUALA LUMPUR, Oct 1 — The ringgit ended higher against a basket of major currencies but slid against the US dollar on Thursday, as the greenback remained well supported despite […]
Malaysia’s manufacturing momentum cools in September, but hiring and price relief hold steady
KUALA LUMPUR, Oct 1 — Malaysia’s manufacturing sector experienced a mild loss of momentum in September as client demand softened, though businesses continued hiring and price pressures eased further, according […]
Ringgit opens mixed as stronger US data lifts greenback, traders eye October rate hike odds
KUALA LUMPUR, Oct 1 — The ringgit opened higher against a basket of major currencies but slightly lower against the US dollar on Thursday, weighed by stronger-than-expected US economic data […]
MOF: RON97 fixed at RM5, unsubsidised RON95 at RM4.52, diesel at RM5.27
KUALA LUMPUR, Sept 30 — The retail prices of unsubsidised RON97 and RON95 petrol will decrease by 5 sen per litre, respectively, while unsubsidised diesel will drop by 15 sen […]
Ringgit gains against dollar but retreats versus euro, pound and yen
KUALA LUMPUR, Sept 30 — The ringgit ended slightly higher against the greenback on Wednesday, supported by expectations that the US Federal Reserve (Fed) may hold off on raising interest […]
FAM president apologises to Malaysian fans, pledges reforms after heritage player scandal
PETALING JAYA, Sept 30 — The Football Association of Malaysia (FAM) will meet the Home Minister to discuss the passport and citizenship status of the seven heritage players embroiled in […]
Malaysia stocks edge higher, bargain hunting offsets cautious mood on global tensions
KUALA LUMPUR, Sept 30 — Bursa Malaysia’s key index ended higher on Wednesday, rebounding from recent losses as oversold conditions spurred bargain hunting. At 5pm, the FTSE Bursa Malaysia KLCI […]