Newsfeed – Business News
Batik Air says it can bring in aircraft quickly to meet domestic demand if required
KUALA LUMPUR, Sept 16 — Batik Air is able to bring aircraft in quickly to absorb or help with the domestic market demand if required, says its chief executive officer […]
Bank of Japan poised to raise rates to 1.25pc amid inflation, weak yen
TOKYO, Sept 16 — The Bank of Japan is poised to raise interest rates again on Friday to counter inflation fuelled by surging energy prices and to support the […]
Report: Govt asks Malaysia Airlines, Batik Air if they can absorb AirAsia routes amid financial strain
KUALA LUMPUR, Sept 16 — Putrajaya has asked Malaysia Airlines and Batik Air whether they could absorb AirAsia’s domestic market share as authorities monitor the financial health of the country’s biggest […]
Asian stocks struggle as markets await Fed rate decision amid inflation concerns
HONG KONG, Sept 16 — Asian stocks struggled today as investors prepare for an expected interest rate hike by the Federal Reserve later in the day, though there was […]
Grab expands South-east Asia lending reach with US$1.49b Atome deal
SINGAPORE, Sept 16 — Singapore-based Grab Holdings said yesterday it will acquire a controlling stake in digital finance firm Atome Financial for US$1.49 billion, seeking to expand access to loans for […]
Bursa Malaysia drops as traders stay cautious before Fed rate call and oil surge
KUALA LUMPUR, Sept 15 — Bursa Malaysia ended lower today in subdued trading as sentiment continued to remain cautious ahead of the Federal Open Market Committee (FOMC) interest rate decision […]
Proton e.MAS takes more than 60pc of Malaysia’s EV market, 27,403 registered in eight months
SHAH ALAM, Sept 15 — Proton e.MAS accounted for more than 60 per cent of Malaysia’s electric vehicle (EV) registrations from January to August this year, with 27,403 domestic registrations […]
Ringgit opens higher against US dollar ahead of key central bank meetings
KUALA LUMPUR, Sept 15 — The ringgit opened higher against the US dollar today, amid cautious sentiment ahead of key central bank meetings this week, an economist said. At […]
Bursa Malaysia opens lower as oil prices, US bond yields weigh on sentiment
KUALA LUMPUR, Sept 15 — Bursa Malaysia’s key index opened lower today after closing at an intraday high on Monday, weighed down by elevated crude oil prices and US […]
Malaysia stronger than a decade ago after fiscal reforms, says SC chairman
KUALA LUMPUR, Sept 14 — Malaysia is in a stronger position than a decade ago, thanks to major fiscal decisions by the government, such as subsidy cuts and a focus […]