Newsfeed – Business News
Oil tumbles and stocks rally on peace hopes, Samsung tops US$1t
HONG KONG, May 6 — Oil prices dived again today on fresh hopes for an end to the Iran war, while Samsung blasted past the US$1 trillion valuation mark in […]
End of cheap imported EVs as Miti shuts door on CBU units under RM200,000 before taxes
KUALA LUMPUR, May 6 — Starting July 1, imported electric vehicles (EVs) in Malaysia will face a mandatory RM200,000 minimum value and 180kW power floor as the government officially ends […]
Insurance premiums stable for now but pressure is building, says PIAM
KUALA LUMPUR, May 6 — Malaysia’s insurance industry says premiums remain broadly manageable for now, but warns that rising claims costs, climate risks and global uncertainties could put pressure on […]
Premiums stable for now but pressure is building, says PIAM
KUALA LUMPUR, May 6 — Malaysia’s insurance industry says premiums remain broadly manageable for now, but warns that rising claims costs, climate risks and global uncertainties could put pressure on […]
War-risk premiums push up cargo insurance costs on key shipping routes, says PIAM
KUALA LUMPUR, May 6 — Cargo insurance costs for shipments passing through conflict-prone regions are rising as war-risk premiums climb, although base insurance rates remain largely stable, the General Insurance […]
Malaysia Airlines climbs four places in global brand rankings amid premium pivot
KUALA LUMPUR, May 5 — Malaysia Airlines and AirAsia have recorded increases in their estimated brand value over the past year, according to the Airlines 50 2026 report released today […]
Apple agrees to US$250m settlement over 2024 AI Siri claims
SAN FRANCISCO, May 6 — Apple yesterday agreed to pay US$250 (RM988 million) to settle a class action lawsuit accusing it of misleading millions of iPhone buyers by falsely touting […]
Proton sales surge 40.9pc in 2026, captures 26.4pc market share in Malaysia
KUALA LUMPUR, May 6 — National carmaker Proton has kicked off the second quarter of 2026 with a formidable sales performance, recording 18,156 units (domestic and export) in April and […]
Energy‑linked stocks drive Bursa Malaysia higher amid oil price surge and global tensions
KUALA LUMPUR, May 5 — Bursa Malaysia reversed earlier losses to end higher on Tuesday as buying interest gained momentum in the afternoon session, said an analyst. At 5pm, the […]
Penang’s new free commercial zone-class air cargo complex to begin operations in 2029
GEORGE TOWN, May 5 — The first phase of the new air cargo warehouse complex, designated as a Free Commercial Zone, is expected to be completed and begin operations in […]