Newsfeed – Business News
MAG chief Nasaruddin appointed to IATA board of governors for three-year term
KUALA LUMPUR, June 12 — Malaysia Aviation Group (MAG) president and group chief executive officer Captain Nasaruddin A. Bakar has been appointed to the board of governors of the International […]
Ringgit closes firmer at 4.0555 against US dollar, investors eye US‑Iran peace talks
KUALA LUMPUR, June 12 — The ringgit extended its gains on Friday, closing higher against the US dollar as uncertainty surrounding the conflict in West Asia weighed on the greenback. […]
Bursa Malaysia ends higher as attractive valuations spur blue‑chip gains despite subdued trading activity
KUALA LUMPUR, June 12 — Selected blue-chip counters trading at attractive valuations helped Bursa Malaysia close higher on Friday, despite cautious market sentiment driven by developments in West Asia, volatility […]
Elon Musk becomes world’s first trillionaire as SpaceX IPO boosts fortune
NEW YORK, June 12— Few business leaders have been as deeply embedded in popular culture as Elon Musk, the ambitious entrepreneur who has become a central figure in […]
Ringgit opens higher as easing Iran tensions and softer US dollar lift sentiment
KUALA LUMPUR, June 12 — The ringgit opened higher against the US dollar and was mostly firmer against regional peers on Friday amid easing geopolitical tensions in West Asia, […]
SpaceX to begin trading in biggest IPO in history as Musk eyes trillionaire status
NEW YORK, June 12 — Elon Musk’s SpaceX yesterday confirmed it will begin trading on the Nasdaq exchange today in the biggest initial public offering in history, a blockbuster market debut that […]
Brace for impact: Malaysian retailers warn worst price increases still coming as US-Iran war festers
KUALA LUMPUR, June 12 — Malaysian consumers, already weathering months of relentless price hikes, face a sobering warning: the worst may yet be coming. According to the latest industry report […]
Malaysia set to benefit from World Cup 2026 through digital commerce and business activity, says Bank of America
KUALA LUMPUR, June 12 — Malaysia is set to gain from the Fifa World Cup 2026 competition starting this week in areas such as digital commerce, media consumption, payments, logistics and […]
Mercedes-Benz partners Tytan Technologies to develop drone defence platforms based on G-Class, Sprinter
BERLIN, June 11 — Mercedes-Benz has partnered with drone defence firm Tytan Technologies, the companies said Thursday, making it the latest German carmaker to expand in the defence sector as […]
Ringgit holds firm at RM4.06 even as US inflation hits three-year high
KUALA LUMPUR, June 11 — The ringgit ended slightly higher against the greenback and other major currencies on Thursday, shrugging off the impact of stronger-than-expected US inflation data for May. […]