Newsfeed – Business News
Amanah Saham Sarawak declares record 6.5 sen dividend, highest among Malaysian unit trust funds
KUCHING, July 13 — Amanah Saham Sarawak (Assar) has declared a dividend distribution of 6.5 sen per unit for the financial year ended June 30, 2026, which Premier Datuk Patinggi […]
Oil prices surge on US-Iran attacks
LONDON, July 13 — World oil prices surged today as a fresh flare-up between the United States and Iran rattled investors, while a selloff in chipmakers sent South Korea’s stock market […]
Govt to review plastics industry proposals amid cost pressures, competitiveness concerns
KUALA LUMPUR, July 13 — The National Economic Action Council (NEAC) has taken note of several proposals submitted by the Malaysian Plastics Manufacturers Association (MPMA) and has decided that the […]
Ringgit strengthens against US dollar, regional currencies amid West Asia uncertainty
KUALA LUMPUR, July 13 — The ringgit ended higher against major and regional currencies, including the US dollar, on Monday amid continued geopolitical uncertainties in West Asia. At 6pm, the […]
Bursa Malaysia climbs as plantation stocks offset cautious sentiment
KUALA LUMPUR, July 13 — Bursa Malaysia ended higher today as gains in plantation and commodity-related counters offset the cautious regional sentiment. At 5pm, the FTSE Bursa Malaysia KLCI (FBM […]
Malaysia poised to gain as Indonesia likely to cut palm oil exports, says MPOC
KUALA LUMPUR, July 13 — The recent launch of Indonesia’s nationwide rollout of the B50 biodiesel mandate presents an opportunity for Malaysia to strengthen its existing palm oil markets while […]
South Korea’s Kospi plunges 8pc, triggering circuit breaker amid West Asia tensions
SEOUL, July 13 — South Korea’s bourse operator on Monday activated a circuit breaker for the benchmark Korea Composite Stock Price Index (KOSPI) after stocks tumbled amid renewed tensions in […]
Hyundai workers stage partial strike amid pay dispute
SEOUL, July 13 — Hyundai Motor’s labour union began a three-day partial walkout today after long-running wage negotiations with management broke down. Workers at South Korea’s largest automaker will down […]
Oil price jumps over 4pc as US-Iran fighting flares, Asian markets mostly fall
HONG KONG, July 13 — Oil prices jumped more than four per cent today after another flare-up between the US and Iran that threatened their already fragile truce, while Seoul […]
Petronas inks seven-year LNG supply deal with Japan’s Shizuoka Gas
KUALA LUMPUR, July 13 — Petroliam Nasional Bhd’s (Petronas) subsidiary Petronas LNG Ltd (PLL) has inked a seven-year new liquefied natural gas (LNG) sale and purchase agreement with Shizuoka Gas […]