Newsfeed – Business News
Indonesia says economic pressures remain manageable despite rupiah slump
JAKARTA, June 11 — External and domestic pressures on Indonesia’s economy were “manageable”, the country’s deputy finance minister said Thursday, despite a rout of the rupiah that has forced the […]
China summons Pinduoduo, JD.com, Taobao and others over misleading ads
BEIJING, June 11 — Chinese e-commerce giants Pinduoduo and JD.com were among five major platforms summoned on Thursday for talks over misleading advertising, Beijing’s market watchdog said. Social media sites […]
Tanco shares crash 60pc in record one-day plunge, wiping nearly RM10b off market value
KUALA LUMPUR, June 12 — Tanco Holdings Bhd shares plunged 60 per cent on Thursday in their steepest one-day decline since the property developer was listed 39 years ago, […]
Malaysia natural rubber output falls 8.8pc in April, says DOSM
KUALA LUMPUR, June 11 — Malaysia’s natural rubber (NR) production decreased by 8.8 per cent to 18,515 tonnes in April 2026 from 20,310 tonnes in March 2026, according to the […]
BNM, World Bank and UNDP release report on nature-related financial risks in Malaysia
KUALA LUMPUR, June 11 — Bank Negara Malaysia (BNM), the World Bank Group and the United Nations Development Programme Biodiversity Finance Initiative (UNDP BIOFIN) today released a report entitled “A […]
Ringgit opens slightly lower against US dollar as stronger inflation data clouds Fed outlook
KUALA LUMPUR, June 11 — The ringgit opened higher against major currencies today but eased marginally against the US dollar after stronger-than-expected United States inflation reinforced expectations that the Federal […]
‘Donald of Dubai’ bets billions on data centres to chase AI crown
DUBAI, June 10 — A UAE real estate magnate close to Donald Trump is pumping billions of dollars into data centres, hoping to cash in on the AI boom and […]
Ringgit eases against dollar ahead of US CPI data release
KUALA LUMPUR, June 10 — The ringgit ended lower against the US dollar today as market sentiment remained cautious ahead of the release of the United States’ May Consumer Price […]
Bursa Malaysia closes higher as investors rotate into defensive stocks
KUALA LUMPUR, June 10 — Bursa Malaysia closed higher on Wednesday, outperforming some regional peers as renewed weakness in global technology stocks and escalating tensions in West Asia prompted investors […]
Petronas signs 20-year LNG supply deal with Japan’s JERA amid global energy uncertainty
KUALA LUMPUR, June 10 — Malaysian’s Petronas will supply Japanese utility firm JERA with 2 million tons of liquefied natural gas (LNG) per annum under a 20-year deal, the […]