Newsfeed – Business News
Ringgit ends lower as investors await US inflation data amid West Asia tensions
KUALA LUMPUR, July 14 — The ringgit ended lower against the US dollar on Tuesday as investors stayed cautious ahead of the release of the US inflation data for June […]
South Korea hikes 2026 growth outlook to 3pc on AI chip boom
SEOUL, July 14 — South Korea raised its 2026 growth forecast by one percentage point to three per cent today, buoyed by strong performances from memory chipmakers as artificial intelligence demand […]
China says exports soar more than forecast in June
BEIJING, July 14 —China’s exports surged more than expected last month, with official data today showing that the global AI boom helped fuel demand for chips and computing equipment from […]
Bursa Malaysia midday rally: Index up 0.86pc amid banking stock surge
KUALA LUMPUR, July 14 — Bursa Malaysia ended the morning session higher, with the benchmark index gaining 0.86 per cent on sustained buying interest in banking stocks. At 12.30 pm, the […]
Ringgit strengthens amid Strait of Hormuz tensions, boosts crude prices
KUALA LUMPUR, July 14 — The ringgit opened higher against the US dollar today, amid uncertainties in the Strait of Hormuz, which lifted global crude oil prices, an analyst said. At 8am, the […]
Kelantan entrepreneur develops portable coconut husking tool for global market ambitions
PASIR MAS, July 13 — What began as a practical solution to make plantation work easier has evolved into an innovative portable coconut husking tool created by a local entrepreneur, […]
Amanah Saham Sarawak declares record 6.5 sen dividend, highest among Malaysian unit trust funds
KUCHING, July 13 — Amanah Saham Sarawak (Assar) has declared a dividend distribution of 6.5 sen per unit for the financial year ended June 30, 2026, which Premier Datuk Patinggi […]
Oil prices surge on US-Iran attacks
LONDON, July 13 — World oil prices surged today as a fresh flare-up between the United States and Iran rattled investors, while a selloff in chipmakers sent South Korea’s stock market […]
Govt to review plastics industry proposals amid cost pressures, competitiveness concerns
KUALA LUMPUR, July 13 — The National Economic Action Council (NEAC) has taken note of several proposals submitted by the Malaysian Plastics Manufacturers Association (MPMA) and has decided that the […]
Ringgit strengthens against US dollar, regional currencies amid West Asia uncertainty
KUALA LUMPUR, July 13 — The ringgit ended higher against major and regional currencies, including the US dollar, on Monday amid continued geopolitical uncertainties in West Asia. At 6pm, the […]