Newsfeed – Business News
Bursa Malaysia retreats as profit-taking weighs on early gains
KUALA LUMPUR, Aug 13 — Bursa Malaysia opened higher on Thursday, but retreated thereafter, amid profit-taking after yesterday’s gain, despite Wall Street ending mostly higher overnight. At 9.08am, the FTSE […]
Ringgit gains against major currencies, slips slightly against US dollar
KUALA LUMPUR, Aug 13 — The ringgit opened higher against major currencies but eased against the US dollar on Thursday, amid a moderation in the highly anticipated US consumer price […]
SME financing remains supportive, but businesses must adapt, says Bank Negara governor
KUALA LUMPUR, Aug 12 — Overall financing conditions for small and medium enterprises (SMEs) remain supportive, with banks and development financial institutions (DFIs) continuing to provide financing to viable businesses. […]
Ringgit ends higher vs US dollar ahead of US inflation data
KUALA LUMPUR, Aug 12 — The ringgit finished higher against the greenback today ahead of the release later tonight of the US Consumer Price Index (CPI) report for July, which is expected […]
Bursa Malaysia ends at intraday high lifted by utilities, petrochemical stocks
KUALA LUMPUR, Aug 12 — Bursa Malaysia ended at its intraday high today, buoyed by buying interest in utilities and petrochemical stocks amid elevated crude oil prices. At 5pm, the FTSE […]
Tata Sons chairman Chandrasekaran to step down in 2027 amid leadership uncertainty
MUMBAI, Aug 12 — Tata Sons chairman N. Chandrasekaran said today he would not seek reappointment when his term ends next year, deepening a leadership crisis at India’s largest conglomerate. […]
Ringgit rises against US dollar as markets await 2Q GDP, US inflation data
KUALA LUMPUR, Aug 12 — The ringgit opened higher against the US dollar today, ahead of Malaysia’s second quarter (2Q) gross domestic product (GDP) official data, slated to be released […]
Ringgit slips against US dollar ahead of key US inflation data, ends mostly higher
KUALA LUMPUR, Aug 11 — The ringgit closed higher today against most major currencies but eased against the greenback ahead of the release of key US inflation data. At 6 pm, […]
MR DIY 2Q net profit drops 15.2pc to RM134.4m, revenue rises to RM1.25b
KUALA LUMPUR, Aug 11 — MR DIY Group (M) Bhd posted a lower net profit of RM134.40 million for the second quarter of financial year 2026 (2Q FY2026) ended June […]
Oil prices jump further as hopes for Hormuz deal fade
HONG KONG, Aug 11 — Oil prices extended a strong rally today as hopes for a reopening of the Strait of Hormuz fade, fanning fresh inflation fears and ramping up bets […]