Newsfeed – Business News
Bursa Malaysia ends lower amid elevated US treasury yields, tech weakness
KUALA LUMPUR, Aug 19 — Bursa Malaysia ended lower today, as elevated United States (US) Treasury yields and weakness in technology stocks weighed on investor sentiment, an analyst said. However, gains in healthcare […]
SC: Malaysian companies can access Hong Kong market via new simultaneous listing framework
GEORGE TOWN, Aug 19 — Malaysian companies planning initial public offerings (IPOs) will be able to pursue simultaneous listings in Malaysia and Hong Kong using a single set of submission […]
Asia’s AI stocks pummelled as bond yields hit pre-2008 levels
HONG KONG, Aug 19 — Technology stocks were back in the crosshairs of investors Wednesday, taking another heavy blow from a spike in bond yields, rising oil prices, persistent inflation […]
‘Big Tobacco moment’: Meta faces US$200b trial over Instagram and Facebook addiction in kids
OAKLAND, Aug 19 — Meta knowingly hooked and exploited children, a US federal court heard Tuesday in a trial against the social media giant on charges that it deliberately made […]
Ringgit rallies against US dollar as Fed rate hike hopes dims
KUALA LUMPUR, Aug 19 — The ringgit opened higher against the US dollar, supported by expectations that the possibility of a US Federal Reserve (Fed) interest rate hike at its […]
Ringgit closes higher on falling US rate hike odds and strong Malaysia GDP data
KUALA LUMPUR, Aug 18 — The ringgit extended its gains to close higher against major and regional currencies on Tuesday, as declining expectations of a US Federal Reserve interest rate […]
July car sales hit 30-month production high as Malaysia’s auto sector climbs 5pc
KUALA LUMPUR, Aug 18 — Malaysia’s automotive total industry volume (TIV) increased five per cent year-on-year (y-o-y) to 73,615 units in July 2026 from 70,057 units in the same month […]
Malaysia’s jewellery trade keeps sparkling, hits RM12.13b in 1H 2026
KUALA LUMPUR, Aug 18 — Malaysia’s total jewellery trade grew 10 per cent to RM12.13 billion in the first half of 2026 (1H 2026), sustaining the industry’s strong momentum following […]
Spirit’s bankrupt, but its data is flying high after US$10m Google deal
NEW YORK, Aug 18 — Google has bought a vast trove of data from bankrupt US budget airline Spirit Airlines for US$10 million (RM42.3 million) to help train artificial intelligence […]
Economists flag risk after RCI finds Tabung Haji used RM4b in management estimates
KUALA LUMPUR, Aug 18 — The Royal Commission of Inquiry (RCI) report’s disclosure that RM4.044 billion of Lembaga Tabung Haji’s (TH) property asset valuations for 2017 was based solely on […]