Newsfeed – Business News
Malaysia’s wholesale and retail trade sales hit RM171.3b in May, up 11pc year-on-year
KUALA LUMPUR, July 10 — Malaysia’s wholesale and retail trade sales reached RM171.3 billion in May 2026, an 11 per cent increase from a year earlier, according to the […]
South Korea’s SK hynix raises US$26.5b in mega Nasdaq listing fuelled by AI chip boom
SEOUL, July 10 — South Korean chip giant SK hynix set pricing for its mega US listing on Friday, raising US$26.5 billion as it takes advantage of the AI […]
Bursa Malaysia rises at opening as investors eye global cues and Johor polls
KUALA LUMPUR, July 10 — Bursa Malaysia opened higher on today, tracking overnight gains on Wall Street spearheaded by tech stocks, amid West Asia uncertainties. At 9.10 am, the benchmark […]
Ringgit edges higher as stronger economy offsets geopolitical jitters
KUALA LUMPUR, July 10 — The ringgit opened slightly higher against the US dollar on Friday amid continued caution over vessel movements in the Strait of Hormuz as investors monitored […]
Ringgit ends flat versus US dollar as markets digest latest Fed minutes
KUALA LUMPUR, July 9 — The ringgit closed flat against the US dollar after the latest US Federal Open Market Committee (FOMC) minutes suggested a less unified stance on further […]
Bursa closes lower as Middle East tensions rattle investor sentiment
KUALA LUMPUR, July 9 — Bursa Malaysia closed lower today as renewed geopolitical tensions in West Asia weighed on investor sentiment. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) […]
Malaysia’s May manufacturing sales climb 8.9pc to RM172.7b, led by electronics surge
KUALA LUMPUR, July 9 — Malaysia’s manufacturing sector posted a sales value of RM172.7 billion in May 2026, growing 8.9 per cent, said the Department of Statistics Malaysia (DOSM). In […]
Industrial output climbs 8.4pc in May, export‑oriented industries lead Malaysia’s momentum
KUALA LUMPUR, July 9 — Malaysia’s Industrial Production Index (IPI) rose by 8.4 per cent year-on-year (y-o-y) in May 2026, sustaining a positive momentum in all sectors, according to the […]
Heavyweights mixed: Maybank, Tenaga edge up while Public Bank, CIMB slip in early trade
KUALA LUMPUR, July 9 — Bursa Malaysia opened lower on Thursday, reversing the previous session’s gains as escalating tensions in West Asia weighed on investor sentiment. At 9.10am, the benchmark […]
Dollar weakens on Fed debate over rates, giving ringgit room to firm at open
KUALA LUMPUR, July 9 — The ringgit opened firmer against the US dollar on Thursday as the greenback weakened after the release of minutes from the US Federal Open Market […]