Newsfeed – Business News
Samsung plans US$648b South Korea investment over decade to power AI chip boom
SEOUL, June 26 — Samsung Group will pledge on Monday 1,000 trillion won (US$648 billion) in South Korea over the next decade, a media report said, in a sweeping effort […]
Saudi Aramco resumes Gulf oil exports after nearly four-month halt
SINGAPORE, June 26 — Saudi Aramco resumed crude loadings on today at its Ras Tanura terminal in the Gulf after a near four-month halt, shipping data showed, as the world’s biggest […]
Malaysia trade growth hits RM327.6b driven by Penang, Johor as imports and exports climb in May
KUALA LUMPUR, June 26 — Malaysia’s total trade in May 2026 amounted to RM327.6 billion, with exports and imports valued at RM184.0 billion and RM143.6 billion, respectively, the Statistics Department […]
After 10,000 flight cancellations, Malaysia Airlines parent firm shifts focus to crisis-proofing business
SEPANG, June 26 — Malaysia Aviation Group (MAG) has identified investment in its workforce, business diversification and stakeholder collaboration as key to strengthening its resilience against recurring crises in the […]
India lifts LPG supply curbs as Strait of Hormuz trade recovers
NEW DELHI, June 26 — India has removed restrictions on supplies of commercial liquified petroleum gas imposed during the Middle East war when energy supplies were hit by the closure […]
Ringgit opens softer despite easing Hormuz tensions
KUALA LUMPUR, June 26 — The ringgit opened marginally lower against the US dollar on Friday as stronger-than-expected US economic data boosted the greenback. On another front, the reopening of […]
China’s ‘future industries’ boom sparks VC gold rush — and bubble fears
SHANGHAI, June 25 — Just two days after SpaceX made its historic market debut, a Chinese space startup held an investor roadshow for its maiden fundraising round by touting a […]
Ringgit extends winning streak, climbs for third straight day ahead of key US inflation data
KUALA LUMPUR, June 25 — The ringgit continued its uptrend for the third consecutive day, closing higher against the US dollar, major currencies and Asean peers today as investors await the […]
Bursa Malaysia closes lower amid caution over US inflation, global rate outlook
KUALA LUMPUR, June 25 — Bursa Malaysia ended lower today as selling pressure in industrial products and services stocks outweighed gains in the telecommunications sector, an analyst said. At 5 pm, […]
ASNB declares 5.50 sen per unit income distribution for ASB 3 Didik, highest in eight years
KUALA LUMPUR, June 25 — Amanah Saham Nasional Bhd (ASNB) has declared an income distribution of 5.50 sen per unit for its fixed-price fund, Amanah Saham Bumiputera 3 Didik (ASB […]