Newsfeed – Business News
Malaysia’s auto market stays resilient as MAA lifts 2026 sales outlook despite Middle East conflict risks
KUALA LUMPUR, July 21 — Malaysia’s total industry volume (TIV) is now projected to reach 800,000 units in 2026, up from the earlier forecast of 790,000 units, driven by stronger-than-expected […]
Judge pauses US$110b Paramount-Warner Bros Discovery merger as 12 US states sue to block deal
A federal judge temporarily halted the Paramount–Warner Brothers merger, citing credible antitrust concerns raised by 12 states. States argue the US$110 billion merger would reduce competition, increasing prices while lowering […]
Ringgit holds firm against US dollar despite global market volatility
KUALA LUMPUR, July 21 — The ringgit opened flat against the US dollar but mostly higher against other major currencies on Tuesday, supported by Malaysia’s strong economic data, which helped […]
Wall Street selloff: Iran war, AI scepticism, and UK PM change rattle markets
Wall Street ended lower as escalating US-Iran tensions lifted oil prices and heightened geopolitical uncertainty ahead of major corporate earnings. Investors remain focused on upcoming technology earnings, questioning whether AI […]
Elon Musk’s SpaceX announces Q2 earnings date amid 45pc stock price slump
SpaceX will report its first public quarterly earnings on August 4, covering second-quarter results following its June Nasdaq listing. Shares have fallen over 45 per cent from post-IPO highs as […]
Boeing announces 100-plane 737 MAX deal with Irish leasing company SMBC
FARNBOROUGH, July 20 — US aircraft maker Boeing said today that it has received an order for 100 of its 737 MAX jets from leasing company SMBC Aviation Capital. In […]
Ringgit ends higher as strong export data boosts sentiment
KUALA LUMPUR, July 20 — The ringgit ended higher against the US dollar and other major currencies today, supported by robust Malaysian economic data that reinforced confidence in the country’s […]
Abang Johari: AirBorneo key to turning Sarawak into regional investment hub
SEPANG, July 20 — AirBorneo will play a key long-term role in transforming Sarawak into a regional investment and logistics hub, while reinforcing Malaysia’s economic growth, said Sarawak Premier Tan […]
Bursa Malaysia closes lower as profit-taking weighs on key banking counters
KUALA LUMPUR, July 20 — Bursa Malaysia’s key index closed lower today as profit-taking in banking heavyweights weighed on the benchmark, although sentiment across the broader market remained steady. At […]
Oil rally cools as Iran hints diplomacy with US is still alive
HONG KONG, July 20 — Oil scaled back gains after hitting its highest price in a month on Monday as Iran said diplomatic exchanges with the United States were ongoing […]