Newsfeed – Business News
Matrade supports RM2.09 trillion export target by 2030
KUALA LUMPUR: The Malaysia External Trade Development Corporation (MATRADE) supports the country’s gross export growth target, averaging 5.8 per cent annually, to reach RM2.09 trillion by 2030. Read full story […]
Wholesale, retail trade hits RM153.0bil in June 2025
KUALA LUMPUR: Wholesale and retail trade recorded a steady growth of 4.8 per cent in June 2025, with sales at RM153.0 billion, according to the Department of Statistics Malaysia (DOSM). Read full story Date: […]
Trump’s 50% tariffs on Indian imports threaten India’s manufacturing ambitions, Moody’s says
U.S. President Donald Trump’s 50% tariffs on Indian imports – far steeper than those imposed on other Asia-Pacific countries – would severely curtail India’s ambitions to develop its manufacturing sector, […]
KLCI edges higher at midday on selective buying in heavyweights
KUALA LUMPUR: The FBM KLCI traded marginally higher at midday on Friday, supported by selective buying in heavyweights despite a weaker broader market. Read full story Date: 8 August, 2025 […]
Japan index hits record high on earnings boost, other Asian markets ease
SINGAPORE: Japanese shares surged on Friday after positive earnings reports and expectations the U.S. would remove overlapping tariffs on the country’s goods, while shares were down in other Asian markets […]
SD Guthrie’s shares rise on strong 2Q earnings
KUALA LUMPUR: Shares in SD Guthrie Bhd rose in early trade Friday after reporting better-than-expected financial results in the second quarter ended June 30 (2Q25). Read full story Date: 8 […]
MIDA, MUFG Bank partner to accelerate Malaysia’s high-value investment
KUALA LUMPUR: The Malaysian Investment Development Authority (MIDA) and global banking subsidiary MUFG Bank (Malaysia) Bhd have entered into a strategic partnership to accelerate high-value investment in Malaysia. Read full […]
Ringgit rises vs greenback on stronger odds of US rate cut
KUALA LUMPUR: The ringgit opened firmer against the US dollar on Friday, extending gains, after United States (US) economic data reinforced expectations of an imminent interest rate cut at the […]
FBM KLCI inches higher amid cautious market optimism
KUALA LUMPUR: The FBM KLCI opened on a subdued note, taking a cautious cue from Wall Street’s mixed overnight performance. Read full story Date: 8 August, 2025 10:03 am Source: […]
CIMB: Portion of Malaysia’s semiconductor exports may qualify for us tariff exemption
KUALA LUMPUR: CIMB Treasury and Markets Research economists believe that a portion of Malaysia’s semiconductor exports may qualify for exemption from the United States’ (US) 100 per cent tariff on imported […]