Newsfeed – Business News
Bursa Malaysia closes lower as US-Iran tensions spark risk-off mood before Aidiladha break
KUALA LUMPUR, May 26 — Bursa Malaysia closed lower today, as investors squared off positions ahead of the long holiday period amid heightened tensions between the US and Iran. The […]
Want gold without a vault? France unveils new ‘e-Marianne’ digital coin option
PARIS, May 26 — The Paris Mint said Tuesday that it would soon start selling solid-gold coins for investment, the first since it quit making Napoleons and Louis a century […]
Higher fuel prices lift Malaysia’s export and import indices in April
KUALA LUMPUR, May 26 — Malaysia’s export unit value index in April 2026 increased by 2.5 per cent month-on-month (m-o-m) to 159.2 points from 155.3 points in March 2026, mainly […]
Penang tops exports while Johor leads imports in April 2026 trade
KUALA LUMPUR, May 26 — Penang, Johor, Selangor, Sarawak and Kuala Lumpur dominated Malaysia’s exports, accounting for 88.9 per cent of April 2026’s total, according to the Statistics Department Malaysia […]
Malaysian businesses turn cautious in 2Q, but services sector stays upbeat
KUALA LUMPUR, May 26 — Businesses anticipate a softer second quarter 2026 (2Q 2026) outlook with the confidence indicator easing to negative 1.8 per cent from 4 per cent in […]
Axiata eyes stronger dividends as it weighs asset monetisation strategy
KUALA LUMPUR, May 26 — Axiata Group Bhd is continuing to evaluate monetisation pathways for several portfolio assets as part of its broader value realisation strategy. Axiata chief financial officer […]
Bursa Malaysia opens lower as profit-taking and weaker crude oil weigh on KLCI
KUALA LUMPUR, May 26 — Bursa Malaysia opened lower on Tuesday as early profit-taking emerged amid weaker crude oil prices, following signs of a potential de-escalation in tensions between the […]
US oil tumbles below US$92 despite fresh American strikes on Iran
TOKYO, May 26 — The price of the main US benchmark for oil fell more than 5 per cent on Tuesday, despite US forces launching new strikes on Iran. Around […]
Ringgit opens slightly firmer against US dollar as markets watch US-Iran negotiations
KUALA LUMPUR, May 26 — The ringgit opened marginally higher against the greenback and other major currencies on Tuesday, amid negotiations between the United States (US) and Iran that could […]
Petronas takes full control of PRefChem in move to boost Malaysia’s energy security
KUALA LUMPUR, May 26 — Petronas announced today that its subsidiary, Petronas Refinery and Petrochemical Corporation Sdn Bhd, is set to acquire the stake held by Saudi Arabian Oil Company […]