Malaysia Business News, Finance News, Stock Updates | Malay Mail

The much anticipated anti-corruption rally ‘Himpunan Rakyat Benci Rasuah’ today was fairly uneventful after authorities decided to facilitate it rather than be antagonistic against it. — Picture by Sayuti Zanudin

Malaysia / 15 h ago

As it happens: ‘Himpunan Rakyat Benci Rasuah’ anti-corruption rally in Dataran Merdeka

Pearly Tan and M. Thinaah have made history by reaching the women’s doubles final of the Indonesia Masters, the first Malaysian pair to do so in 14 years. — Bernama pic

Sports / 11 h ago

Pearly-Thinaah make history, first Malaysian pair in Indonesia Masters final after 14 years

China increased the Lunar New Year holiday to eight days for 2025, from seven previously in a bid to boost spending, but some people said they were foregoing the return home so they could earn more money. — AFP pic

Money / 15 h ago

China extends CNY holiday to boost spending amid worries about the economy; sparks surge in cinema and travel to SE Asia

Tenaga Nasional Berhad (TNB) said it will contact Petaling Jaya MP Lee Chean Chung for a solution. — Picture by Saw Siow Feng

Malaysia / 16 h ago

TNB says committed to assist landlords who were saddled with RM8.5m debt from illegal Bitcoin mining by tenants

Putrajaya said it will support KTMB to add more carriages and increase the train capacity as more people choose to travel via rail. — Picture by Farhan Najib

Malaysia / 14 h ago

‘If we have more trains, people will take them’: Loke affirms Putrajaya’s commitment to rail travel as demand spikes for CNY

Retailers are struggling to manage the surge in thefts despite employing security measures such as CCTV and additional staff. — AFP pic

Singapore / 18 h ago

Shoplifting on the rise: A growing concern for retailers in Singapore

Comedian Harith Iskander’s stand-up show at Dewan Filharmonik Petronas (DFP) has been cancelled following a death threat against his former wife, Dr Jezamine Lim, and abusive messages targeting their children. — Pictture via Instagram/drjezaminelim

Showbiz / 11 h ago

Harith Iskander’s comedy show cancelled after death threat and abuse aimed at his children

The largest jackpot in Malaysian history of RM121.7 million from Supreme Toto 6/58 was won and shared by over 60 winners on January 18. — Picture by Sayuti Zainudin

Malaysia / 18 h ago

Largest jackpot in Malaysian history: Over 60 winners share RM121.7m prize, says STM Lottery

The Trump administration’s Interior Department said yesterday it had officially changed the name of the Gulf of Mexico to the Gulf of America. — Reuters pic

World / 12 h ago

Trump administration officially renames Gulf of Mexico to Gulf of America

Coffee shops in Melaka, particularly in tourist hotspots, were among the business premises found raising prices by up to 60 per cent last year, according to Norena Jaafar, the state director of the Domestic Trade and Cost of Living Ministry. — Bernama pic

Malaysia / 10 h ago

Melaka coffee shop prices spike, patrons call out sneaky 60pc increases

During his first term, Trump sacked five inspectors general in fewer than two months in 2020. — AFP pic

World / 12 h ago

The US purge: Trump sacks 17 independent inspectors general, paving way for loyalists

Home Minister Datuk Seri Saifuddin Nasution Ismail said the new process prioritises applications from Malaysian citizens married to foreign nationals. — Bernama pic

Malaysia / 13 h ago

Home minister: Govt simplifies entry permit process for foreign spouses of Malaysian citizens, ensures approval within six months

A Sessions Court here sentenced a teacher to 12 years’ jail and ordered him to be given three strokes of the cane for raping a teenage girl. — Reuters pic

Malaysia / 18 h ago

Teacher sentenced to 12 years, three strokes for raping teenage girl in Kota Kinabalu

World 19th seed kisses the Australian Open tennis trophy after winning her first Grand Slam title in defeating Number One Aryna Sabalenka on January 25, 2025. — AFP pic

Sports / 9 h ago

Keys stuns tennis top seed Sabalenka to claim first Grand Slam title at Australian Open

Johor Regent Tunku Mahkota Ismail Sultan Ibrahim announced that six to seven heritage players had been identified to represent Malaysia. — Bernama pic

Sports / 16 h ago

FAM awaits govt nod for four heritage players to bolster Harimau Malaya

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Money

12 h ago

Meta’s US$60b bet on AI: Zuckerberg aims for pole in global race, after Trump’s Stargate

Defining year for AI: Meta chief CEO Mark Zuckerberg said the tech giant plans to invest at least US$60 billion in artificial intelligence in 2025, aiming to lead in the technology. — AFP pic

SAN FRANCISCO, Jan 25 — Meta chief executive Mark Zuckerberg on Friday said the tech giant plans to invest at least US$60 billion in artificial intelligence in 2025, aiming to lead in the technology.“This will be a defining year for AI,” Zuckerberg said in a post on his Facebook page.Zuckerberg...

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China increased the Lunar New Year holiday to eight days for 2025, from seven previously in a bid to boost spending, but some people said they were foregoing the return home so they could earn more money. — AFP pic

Money / 15 h ago

China extends CNY holiday to boost spending amid worries about the economy; sparks surge in cinema and travel to SE Asia

According to Moody’s, Malaysia will “be the fastest growing A-rated economy over the next two years” and the country’s medium-term growth prospects remain buoyant. — Bernama file pic

Money / 16 h ago

Moody’s upholds Malaysia’s A3 rating, forecasting fastest growth among A-rated economies

AmInvestment Bank said in a statement today that the total MAHB shares held by the joint offerors and the joint ultimate offerors total 1,548,840,432 or 92.82 per cent. — Picture by Shafwan Zaidon

Money / 1d ago

MAHB offerors secure 92.82pc acceptance; takeover deadline extended to Feb 4

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At 6pm, the ringgit surged to 4.3750/3800 against the greenback, compared to Thursday’s close of 4.4420/4465. — Picture by Choo Choy May

1d ago

Ringgit soars to three-month high after Trump eases China tariff concerns, signals lower rates

At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 3.47 points, or 0.22 per cent, to 1,573.73 from yesterday’s close of 1,577.20. — Picture by Yusof Mat Isa

1d ago

Bursa Malaysia ends lower as investors lock in profits ahead of key economic events

Adidas Gazelle sneakers for sale are pictured at a shop in Berlin, Germany, May 2, 2024. — Reuters pic

1d ago

German sportswear giants Adidas, Puma set to cut jobs as group recovers from Ye furore

Early summer storm clouds gather over the U.S. Federal Reserve Building before an evening thunderstorm in Washington June 9, 2006. — Reuters pic

1d ago

Trump issues order banning US Federal Reserve from establishing ‘digital dollar’

Saudi Arabia Crown Prince Mohammed bin Salman made economical pledges in a phone call following Trump’s inauguration on Monday. — Reuters pic

1d ago

Saudi pledges US$600b in trade, investment as crown prince seeks closer ties with Trump administration

'Heil Tesla' was projected on a Tesla Gigafactory in Germany by activist group Led by Donkeys. — Picture from Reddit

1d ago

‘Heil Tesla’: Activists protest with light projection on Germany plant after Musk’s Nazi salute (VIDEO)

US President Donald Trump listens while Masayoshi Son, chief executive officer of SoftBank, speaks at a Foxconn facility at the Wisconsin Valley Science and Technology Park in Mount Pleasant, Wisconsin in this file picture dated June 28, 2018. Son, the Japanese tycoon helming US President Trump’s big new AI push, is the son of an immigrant pig farmer with a spectacular but also sketchy investment record. — AFP pic

1d ago

Masa Son: From pig farmer’s son to Trump’s AI ally with the Midas touch

1d ago

Ouch, right in the Temu: What is ‘de minimis’, China’s trade perk that Trump is set to kill?

At 6pm, the ringgit weakened to 4.4420/4465 against the greenback, compared with Wednesday’s close of 4.4340/4400. — Reuters pic

2d ago

Ringgit weakens against US dollar amid profit-taking, Trump policy uncertainty

At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 10.60 points, or 0.66 per cent, to 1,577.20 from yesterday’s close of 1,587.80. — Picture by Yusof Mat Isa

2d ago

Bursa Malaysia retreats as investors cash in after four-day rally

General view of shipping containers at Westports Pulau Indah in Klang September 27, 2024. — Picture by Firdaus Latif

2d ago

Westports posts higher net profit of RM897.98m in FY2024

Oriental Kopi debuted on the ACE Market at 75 sen for a premium of 31 sen over its initial public offering (IPO) price of 44 sen, with 65.58 million shares traded. — Picture by Ben Tan

2d ago

Oriental Kopi eyes regional expansion following buzzy ACE Market debut

Oriental Kopi aims to open 10 new cafes in Malaysia in FY25 and three more in FY26, while also planning to add two outlets in Singapore by 2025.

2d ago

Oriental Kopi stock jumps 90pc on first trading day

At 9.10am, the FTSE Bursa Malaysia KLCI (FBM KLCI) slid 4.19 points to 1,583.61 from yesterday’s close of 1,587.80. — Reuters pic

2d ago

Selling in blue chips pulls Bursa Malaysia index lower at the open

Sources told Reuters that Sunway Healthcare Group has hired banks, including CIMB and Malayan Banking Bhd, to work on a more than RM3 billion Malaysian initial public offering that could happen in the second half of this year or 2026. — Picture by Firdaus Latif

2d ago

Malaysia’s biggest IPO in years? Sunway Healthcare targets RM3b float, sources say

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