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India lifts LPG supply curbs as Strait of Hormuz trade recovers

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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

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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

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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

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  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

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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

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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 […]

MAHB: Malaysia adds four new international flight routes to China and Indonesia

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KUALA LUMPUR, June 25 — Malaysia strengthened its air connectivity with China and Indonesia through the launch of four new international services by Hainan Airlines, China Eastern Airlines, Wings Air […]

YTL AI Labs powers Yes to become Malaysia’s AI-first telco

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KUALA LUMPUR, June 25 — YTL Power International Bhd’s Artificial Intelligence (AI) Labs (YTL AI Labs) has partnered with YTL Communications’ mobile operator Yes to bring ILMUchat, Malaysia’s AI, to […]

Matrade inks partnership with CAIQ Biosecurity under MCGI, boosting MSME exports to China

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KUALA LUMPUR, June 25 — The Malaysia External Trade Development Corporation (Matrade) today signed a collaboration agreement with CAIQ Biosecurity Sdn Bhd under the Malaysia-China Gateway Initiative (MCGi), enhancing technical […]

Why cheaper oil is good news for Malaysia, according to analysts

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KUALA LUMPUR, June 25 — Falling crude oil prices are expected to ease inflationary pressures in Malaysia and globally, reducing concerns that central banks may need to keep interest rates […]

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