Newsfeed – Business News
Bank Negara keeps OPR at 2.75pc as global risks cloud outlook
KUALA LUMPUR, May 7 — Bank Negara Malaysia’s Monetary Policy Committee (MPC) has maintained the Overnight Policy Rate (OPR) at 2.75 per cent during its meeting today. In a statement, […]
Stats Dept: Malaysia services PPI up 2.1pc in 1Q as transport, food costs climb
KUALA LUMPUR, May 7 — Malaysia’s services producer price index (PPI) rose 2.1 per cent in the first quarter of 2026 (1Q 2026), compared with 1.0 per cent recorded in […]
SpaceX lands major AI data centre deal with Anthropic in high-stakes computing push
SAN FRANCISCO, May 7 — AI startup Anthropic announced Wednesday it has agreed to a major computing partnership with Elon Musk’s SpaceX, securing access to a vast data centre as […]
Tesla recalls Model 3, Y, S and X in US over rearview camera fault affecting 219,000 vehicles, crash risk flagged from camera lag issue
SAN FRANCISCO, May 7 — Tesla is recalling 218,868 vehicles in the United States due to delayed rearview camera images that could increase the risk of a crash, the National […]
FMM warns 28pc of manufacturers eyeing job cuts in Malaysia as US-Iran crisis sprawls
KUALA LUMPUR, May 7 — Malaysia’s manufacturing sector is facing a deepening crisis as the ongoing conflict in West Asia cripples supply chains, inflates costs, and now threatens jobs, according […]
AirAsia’s record 150-aircraft Airbus order lifts Capital A shares
KUALA LUMPUR, May 7 — Capital A Bhd shares rose in early trade today following AirAsia Bhd’s placing an order for 150 Airbus A220 aircraft, the largest order for the […]
Bursa Malaysia climbs at open as banks lead gains ahead of Bank Negara OPR decision
KUALA LUMPUR, May 7 — Bursa Malaysia opened higher on Thursday, supported by buying interest in banking and financial stocks ahead of Bank Negara Malaysia’s Overnight Policy Rate (OPR) announcement […]
Japan’s Nikkei surges 4pc on hopes of US-Iran deal
TOKYO, May 7 — Japan’s Nikkei index of shares surged more than four per cent on Thursday on hopes of a deal between Iran and the United States and on […]
Ringgit opens at 3.905 against US dollar, nears RM3.90 as traders await Bank Negara OPR decision
KUALA LUMPUR, May 7 — The ringgit extended yesterday’s momentum to open higher on Thursday, amid expectations that it could appreciate further today. Market consensus opines that Bank Negara Malaysia […]
AirAsia goes big: Airbus confirms record 150-jet A220 order
KUALA LUMPUR, May 7 — Airbus has confirmed today that AirAsia Bhd has placed an order for 150 A220 aircraft, the largest order for the model so far. Lars Wagner, […]