Newsfeed – Business News
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 […]
Malaysia’s June trade jumps nearly 45pc as exports, imports power ahead
KUALA LUMPUR, July 20 — Malaysia’s trade performance continued to strengthen in June 2026, growing by 44.7 per cent to RM340.9 billion from RM235.6 billion a year earlier on sustained […]
Fresh US-Iran strikes and Hormuz vessel fire push oil prices above US$90
HONG KONG, July 20 — Oil prices surged in early Asian trade on Monday after the United States struck Iran for a ninth consecutive night and a vessel caught fire […]
Stronger GDP estimate lifts ringgit at Monday’s open
KUALA LUMPUR, July 20 — The ringgit opened higher against the US dollar and major currencies on Monday, supported by stronger-than-expected advance estimates showing Malaysia’s economy expanded faster in the […]
Tesla plans production boost at German Gigafactory as profits rise
BERLIN, July 19 — Tesla plans to increase production at its factory in Grünheide near Berlin in the 2026 financial year as demand recovers and profits improve, according to the […]
‘Outright robbery’: China’s Jingye threatens UK with legal action after nationalisation of British Steel
BEIJING, July 19 — Jingye Steel demanded compensation and threatened the UK government with legal action today, after London took control of British Steel from the Chinese firm. Jingye, which […]
How ‘worthless’ water waste is becoming a profitable building material in Penang
BUKIT MERTAJAM, July 19 — What was once regarded as little more than waste from water treatment plants is now being transformed into high-value construction materials through an innovative circular […]
Deputy minister warns industry: Protect premium durian image as China access hinges on strict protocol
PUTRAJAYA, July 18 — All durian industry players have been urged to continue complying with the requirements and Phytosanitary Protocol for the export of fresh durians to China currently in […]
‘Hello space, we have arrived’: India’s first private orbital launch succeeds
SRIHARIKOTA, July 18 — India’s first privately built orbital rocket took its maiden flight on Saturday, its company said, marking a significant step for the South Asian giant as it […]