Newsfeed – Business News
Manufacturing powers Penang’s economy to 7.3pc growth in 2025
GEORGE TOWN, July 3 — Penang’s economy grew 7.3 per cent in 2025, with its gross domestic product (GDP) reaching RM130.3 billion. According to the Department of Statistics Malaysia […]
Banks say RM1 ATM fee waiver implementation smooth nationwide
KUALA LUMPUR, July 3 — The RM1 fee waiver for interbank ATM cash withdrawals took effect smoothly on July 1, 2026, as part of the banking industry’s efforts to ease […]
Bursa starts firmer on consumer stocks as oil prices ease inflation concerns
KUALA LUMPUR, July 3 — Bursa Malaysia opened higher today despite mixed overnight cues from Wall Street, supported by consumer stocks as lower crude oil prices fuelled expectations of […]
Ringgit strengthens against US dollar after weaker-than-expected US jobs report
KUALA LUMPUR, July 3 — The ringgit opened firmer against the US dollar today after weaker-than-expected US jobs data for June reinforced expectations that the Federal Reserve (Fed) could adopt a […]
Bursa Malaysia closes higher on strength in banking and telecom stocks
KUALA LUMPUR, July 2 — Bursa Malaysia extended its gains to close higher today, supported by strength in telecommunications stocks and a rebound in heavyweight banking counters, which kept […]
Ringgit advances against greenback as traders await fresh US economic data
KUALA LUMPUR, July 2 — The ringgit ended higher against the US dollar and regional currencies today as the greenback remained subdued following a lack of clear guidance on […]
Proton hits 15-year high with 100,346 units sold in first half of 2026
KUALA LUMPUR, July 2 — Proton has recorded its strongest first-half sales performance in 15 years, delivering 100,346 units in the first six months of 2026. This represents a 39.1 […]
Google loses final appeal against RM19b EU fine over Android antitrust case
BRUSSELS, July 2 — The EU’s top court upheld Thursday a record €4.1 billion (RM18.6 billion) fine the bloc slapped on Google for anti-competitive practices related to its Android operating system. […]
Why high fuel prices made Americans buy more trucks and more hybrids at the same time
NEW YORK, July 2 — Automakers reported mixed second-quarter US sales Wednesday, illustrating continued demand for larger vehicles as well as strength in fuel-efficient models as high gasoline prices reverberated […]
US stocks fall as Fed’s Warsh reaffirms 2pc inflation target
NEW YORK, July 2 — Wall Street stocks retreated following a choppy session Wednesday as Federal Reserve Chair Kevin Warsh emphasised the need to tame inflation ahead of closely-watched US […]