Newsfeed – Business News
Despite global tensions, Penang semiconductor sector remains resilient says CM
GEORGE TOWN, May 5 — Penang’s semiconductor sector remains stable and has yet to show any significant impact from the ongoing conflict in the Middle East. Penang chief minister Chow […]
Penang ramps up bid for global conferences, eyeing events displaced by Middle East tensions
GEORGE TOWN, May 5 — Penang is bidding for over 20 Meetings, Incentives, Conferences and Exhibitions (MICE) that have been relocated due to the conflict in the Middle East. Penang […]
Indonesia crushes forecasts with 5.6pc GDP surge despite US-Iran war
JAKARTA, May 5 — Indonesia’s economy grew 5.6 per cent year-on-year in the first quarter of 2026, the national statistics agency said Tuesday, topping the government’s own forecast despite pressures […]
Bank Muamalat launches digital platform to accelerate Islamic banking push
KUALA LUMPUR, May 5 — Bank Muamalat Malaysia Berhad has launched ATLAS, a Shariah-compliant digital banking platform, as it accelerates its transition into a digital-first Islamic financial institution. “ATLAS goes […]
Ringgit opens nearly unchanged against USD but West Asia crisis could see it dip
KUALA LUMPUR, May 5 — The ringgit opened nearly unchanged against the US dollar from yesterday’s close as markets await the latest decision by Bank Negara Malaysia’s (BNM) Monetary Policy […]
Ringgit at RM3.95 to USD as Strait of Hormuz assurances buoy sentiments
KUALA LUMPUR, May 4 — The ringgit strengthened against regional peers at the close as investors’ risk appetite improved, underpinned by growing confidence in safe passage through the Strait of […]
Bursa Malaysia closes at intraday high on broad-based buying, improved sentiment
KUALA LUMPUR, May 4 — Bursa Malaysia ended at an intraday high on broad-based buying, reflecting improving sentiment on the local front, analysts said. Rakuten Trade Sdn Bhd vice-president of […]
UAE minister says currency swap line with US ‘under discussion’, denies rumours of bailout
ABU DHABI, May 4 — The UAE’s foreign trade minister confirmed today that his country was discussing a currency swap line with the United States, but denied seeking a bailout. […]
UAE says OPEC exit ‘not directed against anyone’, cites shift to national priorities
ABU DHABI, May 4 — The UAE’s shock decision to leave Saudi-dominated Opec was not targeted at anyone, the UAE minister who heads the state oil giant said today. The […]
OpenAI co-founder Brockman takes the stand Elon Musk lawsuit enters week two
OAKLAND, May 4 — Following high-profile testimony from billionaire Elon Musk last week, one of OpenAI’s co-founders will testify Monday in the California lawsuit brought by the world’s richest man […]