Newsfeed – Business News
Local institutions extend net buying streak to six weeks on Bursa Malaysia, says MBSB
KUALA LUMPUR, May 25 — Local institutions extended their net buying streak on Bursa Malaysia to a sixth consecutive week, recording net inflows of RM572.9 million last week, according to […]
Bursa Malaysia opens lower on muted sentiment, light buying
KUALA LUMPUR, May 25 — Bursa Malaysia opened lower today, weighed by cautious investor sentiment and subdued buying interest, which offset stronger gains on Wall Street last Friday. At 9.16 […]
Ringgit opens higher against US dollar on improved sentiment
KUALA LUMPUR, May 25 — The ringgit opened higher against the US dollar today, supported by improved market sentiment amid investor optimism over possible progress in negotiations between the United […]
Oil prices fall over 5pc on optimism for Iran deal despite Trump caution
TOKYO, May 25 — Oil prices plunged over five per cent and Asian markets ticked up early today on hopes of a deal to end to the US-Iran war despite […]
Kelantan begins exploring rare earth reserves in Gua Musang with Japanese collaboration
KOTA BHARU, May 24 — The Kelantan state government is exploring the potential of rare earth elements (REE) identified in an area covering approximately 1,400 hectares near Ladang Subong, Gua […]
Malaysia wants fewer imported onions — and this 32-year-old farmer from Negeri Sembilan is stepping up
KUALA PILAH, May 24 — What began as a small experimental project with just 500 polybags has now grown into a serious venture for young farmer Muhammad Nazirullah Mohamad Nazlan, […]
From Meta to SpaceX: How dual-class shares keep founders in control
NEW YORK, May 24 — The dual-class share structure outlined in SpaceX’s IPO filing, which grants CEO Elon Musk outsized control, has revived one of Wall Street’s oldest debates — […]
Ringgit expected to hold 3.95–3.97 range next week on holiday‑shortened trade
KUALA LUMPUR, May 23 — The ringgit is expected to trade within a narrow range of between RM3.95 and RM3.97 next week against the US dollar amid a shortened trading […]
Bursa Malaysia expected to edge higher next week on bargain hunting
KUALA LUMPUR, May 23 — Bursa Malaysia is expected to trade with a slight uptrend next week following the recent market pullback as bargain-hunting activities and improved investor sentiment may […]
World Bank document shows 27 countries seeking to ensure access to crisis funds
WASHINGTON, May 23 — Twenty-seven countries have moved since the Iran war started to put in place crisis instruments that could quickly access funding from existing World Bank programs, according […]