Newsfeed – Business News
Ringgit opens higher against US dollar, tracks weaker greenback amid easing West Asia tensions
KUALA LUMPUR, June 9 — The ringgit opened higher against the US dollar and most major currencies today, tracking a slight pullback in the US Dollar Index (DXY) amid […]
Private jet demand rises as Monaco GP, Cannes drive travel surge despite Iran war disruption
LONDON, June 9 — As soaring jet fuel prices triggered by the Iran war send ripples across the global travel market, a wealthy elite of CEOs, celebrities and sports stars […]
Airlines to fly more passengers but profits to halve in 2026, industry warns
RIO DE JANEIRO, June 9 — Airlines expect to carry more passengers this year but earn only half as much profit as in 2025, as high fuel prices don’t appear […]
AmBank to acquire Menara AmBank and related assets for RM331m to secure long‑term office space
KUALA LUMPUR, June 8 — AMMB Holdings Bhd’s wholly-owned subsidiary AmBank (M) Bhd has signed a conditional agreement to acquire Menara AmBank at Jalan Yap Kwan Seng, Kuala Lumpur, along […]
Ringgit declines as US dollar strengthens and oil rises on West Asia tensions
KUALA LUMPUR, June 8 — The ringgit ended lower against the US dollar today as stronger-than-expected United States (US) labour market data reinforced expectations that the US Federal Reserve would […]
Bursa Malaysia slips but outperforms regional markets amid tech rout and geopolitical jitters
KUALA LUMPUR, June 8 — Bursa Malaysia recorded a decline of 0.82 per cent at the close today with the diversified composition of the FTSE Bursa Malaysia KLCI (FBM KLCI) […]
Steven Sim: Ministry leverages PM’s Tokyo visit to drive Malaysian MSME expansion into Japanese market
KUALA LUMPUR, June 8 — The Ministry of Entrepreneur and Cooperative Development (Kuskop) is stepping up efforts to accelerate the internationalisation of Malaysian micro, small and medium enterprises (MSMEs), with […]
Petronas and Eni unveil Searah, SE Asia’s largest upstream JV, to boost Malaysia–Indonesia energy security
KUALA LUMPUR, June 8 — Malaysia’s national oil and gas company Petroliam Nasional Bhd (Petronas) and Italian oil company Eni have announced the formation of Searah, a 50:50 joint venture […]
Nvidia clinches deals with South Korean giants including SK Group to advance AI boom
Deals announced with SK Hynix, SK Telcom, Naver, Doosan, LG Group, Hyundai Motor SK Hynix multi-year tie-up will secure advanced memory supply Nvidia says SK Hynix partnerships have opportunities to […]
Opec+ raises July oil production quotas amid supply concerns
VIENNA, June 8 — Opec+ ministers decided yesterday to increase oil quotas by a total 188,000 barrels per day for July, in a move analysts said would be unlikely to […]