Newsfeed – Business News
Ringgit slips into weekend as US dollar stays supported by Fed outlook
KUALA LUMPUR, June 19 — The ringgit closed lower against the US dollar on Friday as persistent expectations of a possible US Federal Reserve (Fed) interest rate hike later this […]
Malaysia’s trade hits all-time high of RM328b in May on AI boom
PUTRAJAYA, June 19 — Malaysia’s trade performance shattered previous records in May, as a surge in demand for artificial intelligence (AI) and automotive technologies propelled exports to an all-time monthly […]
Bursa Malaysia extends winning streak to seven sessions on blue-chip rally
KUALA LUMPUR, June 19 — Bursa Malaysia’s composite index ended the week higher, extending its gains for a seventh consecutive session, supported by strong late-session buying in selected blue-chip counters. […]
International traffic at KLIA up 2pc in May amid Visit Malaysia 2026 push, says MAHB
KUALA LUMPUR, June 19 — The continued growth in international traffic reinforces Malaysia’s position as a key regional gateway under the Visit Malaysia 2026 campaign, according to Malaysia Airports Holdings […]
‘Is the whole barrel rotten?’ Australian lawmakers, grilling KPMG, suggest more regulation of audit industry may be needed
Lawmakers question efficacy of partnership structure KPMG lambasted for treatment of whistleblower Former CEO says KPMG didn’t ‘get it right’ and ‘we’re fallible’ SYDNEY, June 19 — Australian lawmakers today […]
Malaysia’s inflation up 2pc in May as information, food and housing groups record gains, says DOSM
KUALA LUMPUR, June 19 — Malaysia’s inflation increased 2.0 per cent in May 2026 with the index points rising to 137.1 from 134.4 versus a year ago, said the Statistics […]
US probes Germany over pharma pricing policies in move that could lead to new tariffs
WASHINGTON, June 19 — The United States yesterday started an investigation into Germany over its pharmaceutical pricing policies and other practices, in a move that could lead to fresh tariffs. […]
DOSM: Malaysia’s May trade jumps 29.8pc to RM327.6b; Jan-May total hits record RM1.5t
KUALA LUMPUR, June 19 — Malaysia’s total trade in May 2026 rose by 29.8 per cent year-on-year to RM327.6 billion from RM252.5 billion a year ago, driven by stronger growth […]
US tells ASML it is concerned one of its chipmaking tools may be in China, Bloomberg News reports
WASHINGTON, June 19 — US Commerce Secretary Howard Lutnick has told ASML that Washington is concerned that one of its top chipmaking machines may have found its way to China […]
Bursa Malaysia slips at open as profit‑taking hits heavyweights after Fed signals caution
KUALA LUMPUR, June 19 — Bursa Malaysia opened lower today as mild profit-taking in key index-linked counters weighed on early trade, despite overnight gains on Wall Street. At 9.15 am, […]