Newsfeed – Business News
FBM KLCI plunges 43.89 points as global risk-off hits markets
KUALA LUMPUR: The local bourse was awash in red on Monday, with 1,140 stocks in the red as crude oil surged above US$100, spooking investors. Read full story Date: 9 […]
Oil pares gains but still on track for record surge as Iran war escalates
SINGAPORE: Oil prices came off earlier highs on Monday but were still up more than 15% at levels not seen since mid-2022 as some major producers cut supplies and fears […]
SC unveils new Capital Market Masterplan, targets market size of RM20 trillion by 2045
KUALA LUMPUR: Malaysia’s capital market is projected to grow to between RM13.8 trillion and RM20 trillion by 2045, while expanding organically to between RM5.8 trillion and RM6.3 trillion over the […]
Coal prices jump to highest in over a year on Middle East war
COAL prices jumped to the highest level since November 2024 as continuing military strikes in the Middle East pushed countries around the world to consider switching away from oil and […]
Bank Negara international reserves hit 11-year high on forex, gold gains
KUALA LUMPUR: Bank Negara Malaysia (BNM)’s international reserves hit US$128.3 billion as of Feb 27, 2026, the highest level in more than 11 years, supported by stronger foreign exchange and […]
Oil shock ignites Asia market selloff as panic grips currencies, stocks
ASIAN stocks and currencies sank on Monday as investors rushed to the safety of the U.S. dollar and dumped risk assets across the region, while oil vaulted back above $100 […]
Gold prices fall as dollar firms, US rate-cut optimism fades
GOLD fell on Monday, as a stronger U.S. dollar weighed on greenback-priced bullion, while higher energy costs fuelled inflation concerns and further dimmed the prospects for near-term reductions in interest […]
China’s consumer inflation jumps to three-year high
CHINA’s consumer inflation accelerated at its fastest pace in three years in February, while the decline in factory-gate prices narrowed, official data showed on Monday. Read full story Date: 9 […]
Malaysia in good position to weather Middle East crisis, finance minister says
KUALA LUMPUR: Malaysia is in a good economic position and has the capacity to absorb some of the changes stemming from the ongoing conflict in the Middle East, Second Finance […]
FBM KLCI dives 40pts as Asian markets routed by soaring crude prices
KUALA LUMPUR: Bursa Malaysia was hammered on Monday with the ticker board scoring over a thousand counters in the red as a surge in crude oil prices put investors into […]