Newsfeed – Business News
Spirit’s bankrupt, but its data is flying high after US$10m Google deal
NEW YORK, Aug 18 — Google has bought a vast trove of data from bankrupt US budget airline Spirit Airlines for US$10 million (RM42.3 million) to help train artificial intelligence […]
Economists flag risk after RCI finds Tabung Haji used RM4b in management estimates
KUALA LUMPUR, Aug 18 — The Royal Commission of Inquiry (RCI) report’s disclosure that RM4.044 billion of Lembaga Tabung Haji’s (TH) property asset valuations for 2017 was based solely on […]
Australia to spend A$3.2b on one billion-litre fuel reserve after global supply shocks push up prices
CANBERRA, Aug 18 — The Australian government on Tuesday said it will establish a strategic reserve of 1 billion litres of jet fuel and diesel to protect against future supply […]
Ringgit starts stronger as inflation stays in check, tipped to stay within 4.06-4.08 range today
KUALA LUMPUR, Aug 18 — The ringgit opened higher against major currencies but was little changed against the US dollar on Tuesday, amid expectations that the possibility of a US […]
Indonesia rolls out new QRIS credit option with CIMB Niaga on board
JAKARTA, Aug 18 — CIMB Niaga is among eight payment service providers participating in Bank Indonesia’s (BI) newly launched Indonesian Credit Card (KKI), which offers individuals and businesses a new […]
Ringgit gets a boost at market close as US data cools, Fed hike expectations fade
KUALA LUMPUR, Aug 17 — The ringgit closed higher against major and regional currencies on Monday, including the greenback, as softer US economic data dampened expectations of a US Federal […]
Bursa Malaysia ends lower amid geopolitical, global growth concerns
KUALA LUMPUR, Aug 17 — Bursa Malaysia ended lower on Monday as investor sentiment weakened amid renewed concerns over geopolitical tensions and global economic growth, an analyst said. At 5pm, the […]
Strong global markets lift EPF investment income 48pc to RM57.5b in first half of 2026
KUALA LUMPUR, Aug 17 — The Employees Provident Fund’s (EPF) total investment income rose by 48 per cent to RM57.50 billion in the first six months ended June 30, 2026 […]
EPF sees membership, contributions rise as labour market stays resilient
KUALA LUMPUR, Aug 17 — The Employees Provident Fund (EPF) registered 441,846 new members in the first six months ended June 30, 2026 (1H 2026), bringing total membership to close […]
Ringgit strengthens as resilient 2Q economy boosts investor sentiment
KUALA LUMPUR, Aug 17 — The ringgit opened higher against the US dollar, tracking Malaysia’s stronger-than-expected second quarter 2026 (2Q 2026) Gross Domestic Product (GDP) growth of 6.0 per […]