Newsfeed – Business News
Money, lobbyists, inertia: Why fossil fuels are so hard to quit in a world built on oil
RIO DE JANEIRO, April 21 — When the international community agreed to transition away from fossil fuels at the 2023 COP28 global climate summit, some hailed the moment as the […]
Ringgit ends marginally lower against US dollar as West Asia tensions keep traders cautious
KUALA LUMPUR, April 20 — The ringgit ended marginally lower against the US dollar today, remaining in a tight range as markets kept a close watch on developments in West […]
Bursa Malaysia ends higher on defensive large‑cap buying
KUALA LUMPUR, April 20 — Bursa Malaysia closed higher today, supported by buying interest in large-cap stocks as investors shifted toward defensive counters amid rising geopolitical uncertainty. At 5 pm, […]
Nga Kor Ming to raise BYD Tanjong Malim investment with PM Anwar, seeks best outcome for Perak
IPOH, April 20 — Issues regarding electric vehicle (EV) manufacturer BYD’s large investment in Perak will be discussed with Prime Minister Datuk Seri Anwar Ibrahim to achieve the best possible […]
Genting Malaysia, AGIBOT collaborate to advance embodied AI robotics across leisure, hospitality and entertainment
KUALA LUMPUR, April 20 — Genting Malaysia Bhd has entered into a memorandum of understanding (MoU) with AGIBOT Innovation (Shanghai) Technology Co Ltd to advance embodied artificial intelligence (AI) robotics […]
Thailand weighs emergency decree to borrow up to 500b baht for crisis buffer
BANGKOK, April 20 — The Thai government is considering issuing an emergency decree to borrow up to 500 billion baht (RM61.61 billion) to prepare for potential economic and security crises, […]
Crude jumps on renewed Gulf tensions, Asian stocks rise on fragile peace optimism
HONG KONG, April 20 — Oil prices surged today on a re-escalation of hostilities in the Middle East war after Iran closed the Strait of Hormuz at the weekend, just […]
AirAsia taps RM909m private credit deal from Deutsche Bank amid oil surge
KUALA LUMPUR, April 20 — Deutsche Bank is marketing a US$230 million (RM909 million) private credit deal for AirAsia Aviation Group, as the budget carrier navigates surging fuel costs driven […]
Airbus lines up Malaysia deals to boost defence, space capabilities at DSA-Natsec Asia 2026
KUALA LUMPUR, April 20 — Airbus is set to expand its defence and space footprint in Malaysia through a series of signings and key announcements scheduled to take place at […]
Malaysia-Hong Kong partnership targets smart manufacturing push under NIMP 2030
KUALA LUMPUR, April 20 — The Federation of Malaysian Manufacturing (FMM) and the Hong Kong Productivity Council (HKPC) have signed a memorandum of understanding (MoU) to strengthen industrial collaboration and […]