Newsfeed – Business News
Asian markets mixed as tech rebounds, oil rises and US inflation takes centre stage
HONG KONG, Sept 7 — Tech firms rallied on a mixed day for Asian stocks today, with traders gearing up for a crucial week of events culminating in US inflation […]
Bursa Malaysia opens higher amid stronger US jobs data and rate‑hike expectations
KUALA LUMPUR, Sept 7 — Bursa Malaysia opened higher today, in line with the positive performance in some regional markets. At 9.10 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) […]
Ringgit opens slightly higher against dollar ahead of key US CPI
KUALA LUMPUR, Sept 7 — The ringgit opened slightly higher against the US dollar today, buoyed by expectations of a potential United States (US) interest rate hike following stronger-than-expected US […]
BYD to reveal Malaysia strategy ‘within a week’ amid local-assembly speculation
SHENZHEN, Sept 6 — Chinese electric vehicle (EV) giant BYD Co Ltd is expected to announce within a week its next move for further expansion in Malaysia, amid questions over […]
Malaysia’s fuel supplies safe, but high oil prices could linger for at least two years, says PM’s economic adviser
PUTRAJAYA, Sept 6 — Malaysia’s fuel supply remains stable despite lower global supply levels, with the government confident it can secure sufficient supplies through to the end of the year, […]
Bank Negara says Malaysia growth sustainable, with ‘no sign of overheating’
KUALA LUMPUR, Sept 6 — Sustainable economic growth, as well as contained inflation, were among the factors that led Bank Negara Malaysia (BNM) to maintain the overnight policy rate (OPR) […]
Argentina threatens to sanction oil projects around Falklands
BUENOS AIRES, Sept 6 — Argentina has announced that it will investigate and sanction oil companies working near the Falkland Islands without authorisation, after President Javier Milei said the “winds […]
El Salvador president denies transferring govt’s bitcoin reserves to private operator
SAN SALVADOR, Sept 5 — El Salvador’s President Nayib Bukele denied on Friday transferring the country’s bitcoin reserves to a private operator as part of a loan agreement with the […]
GTA sets sights on bigger role in Malaysia’s push for defence self-reliance
KUALA LUMPUR, Sept 5 — GTA Holdings Bhd (GTA), a provider of aviation maintenance, repair, and overhaul (MRO) services, intends to establish a Centre of Excellence (CoE) after its listing […]
Resilient domestic economy, regional sentiment to support Bursa next week
KUALA LUMPUR, Sept 5 — Bursa Malaysia is expected to trade with a positive bias next week, underpinned by resilient domestic fundamentals and improving regional sentiment. IPPFA Sdn Bhd director […]