Newsfeed – Business News
Fernandes bets big on future with US$19b AirAsia-Airbus deal
KUALA LUMPUR, May 7 — AirAsia Bhd’s order for 150 A220 jets will cost the airline around US$19 billion (RM75 billion), its advisor Tan Sri Tony Fernandes said. Fernandes, who […]
Iran war sends China factory costs soaring, raising risk of pricier goods worldwide
FOSHAN (China), May 7 — Vacuum cleaners and vapes could get more expensive if the Iran war drags on for much longer, Chinese factory owners and traders warn, as the […]
India, Vietnam set US$25b bilateral trade target by 2030, says Modi
NEW DELHI, May 6 — India and Vietnam are looking to ramp up bilateral trade to US$25 billion (RM98 million) by 2030, Prime Minister Narendra Modi said today, following talks […]
Ringgit continues upward momentum ahead of BNM’s OPR decision
KUALA LUMPUR, May 6 — The ringgit continued its upward momentum, closing mostly higher against most major currencies and regional peers on improved sentiment as investors await the decision on […]
Indonesia eyes under‑16 ban on e‑commerce platforms amid scam concerns, says minister
JAKARTA, May 6 — Indonesia’s government is mulling an e-commerce ban for under-16s, the communications minister told AFP today, hot on the heels of Jakarta imposing a sweeping social media […]
Bursa Malaysia closes higher as West Asia tensions ease
KUALA LUMPUR, May 6 — Bursa Malaysia closed higher today as easing West Asia tensions lifted overall market sentiment and encouraged a broader risk-on tone across regional equities, said an […]
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 […]