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

Ketari assemblyman Young Syefura Othman speaks to Malay Mail during an interview on May 17, 2022 . — Picture by Choo Choy May

Malaysia / 1d ago

DAP needs give-and-take to move past race barriers, says party’s sole elected Malay official

Nothing like a big plate of noodles such as 'kai see hor fun' (flat rice noodles with shredded chicken) to start the day. – Pictures by CK Lim

Eat-drink / 1d ago

From ‘kai see hor fun’ to ‘char kway teow’, there’s nothing like noodles at the coffee shop to start the day

Johor Baru South District Police chief ACP Raub Selamat said the 33-year-old local man was arrested in the city at 1.30am today. — Picture by Ahmad Zamzahuri

Malaysia / 15 h ago

E-hailing driver arrested for allegedly outraging modesty of woman

Samuel Seow in a photo taken in June 2021. ― TODAY file pic

Singapore / 1d ago

In Singapore, entertainment lawyer Samuel Seow disbarred for abusing employees, conduct a ‘grave dishonour’ to profession

Datuk Seri Ahmad Zahid Hamidi is pictured at the Shah Alam Court on May 12, 2022. — Picture by Miera Zulyana

Malaysia / 23 h ago

Foreign visa system trial: Witness tells court unable to produce proof of attendance for monthly cash payments deliveries to Zahid

Ringgit notes are seen at a money changer in Kuala Lumpur June 20, 2018. — Bernama pic

Money / 1d ago

Ringgit hits RM4.4 against dollar, lowest since March 2020

Perak police chief Commissioner of Police Datuk Mior Faridalathrash Wahid speaks to the press at the Perak police headquarters in Ipoh April 8, 2022. — Picture by Farhan Najib

Malaysia / 1d ago

Elderly climber dies on Titiwangsa range in Ipoh

A general view of tunnel constructions site of the East Coast Rail Link (ECRL) project in Bentong, Pahang, January 13, 2022. — Picture by Firdaus Latif

Malaysia / 1d ago

Malaysia Rail Link, China Communications Construction offering 5,000 job opportunities to locals via industry skills training programme

Lee Zii in action against Kento Momota at the Thomas Cup finals in Bangkok May 11, 2022. — Bernama pic

Opinion / 1d ago

Doubles troubles: Malaysia's Thomas Cup debacle

Penang Chief Minister Chow Kon Yeow speaks during the groundbreaking ceremony of the new Angkasa-X Earth Station and State-of-the-art Technology Centre at the Universiti Sains Malaysia Engineering Campus in Nibong Tebal May 19, 2022. ― Picture by Sayuti Zainudin

Malaysia / 1d ago

Angkasa-X and USM to build RM30m earth station and space technology centre in Penang

A vendor sells chicken at a market in Kuala Lumpur, February 3, 2022. — Picture by Yusof Mat Isa

Malaysia / 7 h ago

Dropping AP for food imports could jeopardise Malaysia’s production, stakeholders warn

Home Minister Datuk Seri Hamzah Zainudin speaks to reporters at the Home Ministry’s open house in Putrajaya, May 18, 2022. — Bernama pic

Malaysia / 1d ago

Home minister: Data leak of over 22 million Malaysians not from National Registration Department

According to CAG, air travel at Changi Airport has been increasing steadily since late 2021. ― Reuters pic

Singapore / 1d ago

In Singapore, over 6,000 jobs available as Changi Airport speeds up hiring amid travel recovery

A teddy bear hangs on a swing next to a damaged building in Saltivka district, amid Russia's attack on Ukraine, in Kharkiv, Ukraine May 17, 2022. ― Reuters pic

World / 1d ago

Russia uses new laser weapons in Ukraine, Zelensky mocks 'wonder weapon'

Actor Amber Heard during ex-husband Johnny Depp's defamation trial against her at the Fairfax County Circuit Courthouse in Fairfax, Virginia May 18, 2022. — Reuters pic

Showbiz / 1d ago

Johnny Depp grabbed Amber Heard by hair, hit her repeatedly, says sister

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Money

Money / 2 h ago

Azmin Ali: US companies show confidence in Malaysia as investment destination of choice

Senior Minister of International Trade and Industry Datuk Seri Mohamed Azmin Ali says US companies are confident that Malaysia is still an investment destination of choice. ― Picture by Miera Zulyana

LOS ANGELES, May 20 ― Companies in the United States (US) are confident that Malaysia is still an investment destination of choice, Senior Minister of International Trade and Industry Datuk Seri Mohamed Azmin Ali said.“They see Malaysia's potential to continue to thrive in the digital economy, and are ready...

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Indonesia is set to lift its palm oil export ban effective May 23, 2022. — Picture by Shafwan Zaidon

Money / 34 m ago

RHB IB neutral on plantation sector as Indonesia to lift palm oil ban

At the lunch break, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 1.80 points or 0.12 per cent to 1,551.21 from yesterday’s close of 1,549.41. ― Picture Ahmad Zamzahuri

Money / 1 h ago

Bursa Malaysia ends higher at mid-day

The dollar index, which measures it against six major rivals, was down 1.5 per cent for the week to 102.96, on track to snap a six-week winning run. A week earlier it had soared to the highest since January 2003 at 105.01. ― Reuters pic

Money / 1 h ago

Dollar falls for first week in seven amid US yield retreat

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A staff member is seen at a booth of Tencent at an exhibition during China Internet Conference in Beijing July 13, 2021. — Reuters pic

Money / 22 h ago

Major China tech stocks plunge as sell-off builds

The ringgit hit a record low on March 23, 2020 when it reached RM4.447. — Bernama pic

Money / 19 h ago

Ringgit hits RM4.40 to US dollar on global recession concerns

A general view of the Kuala Lumpur skyline March 5, 2022. — Picture by Yusof Mat Isa

Money / 1d ago

IMF sees Malaysia’s economy expanding 5.75pc in 2022

In another volatile day of trading, sterling touched its highest level since May 5 at US$1.25130 (RM5.50), and was last up 1.1 per cent .— Reuters pic

Money / 15 h ago

Sterling at two-week high, wins respite from growth fears for now

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Indonesia is set to lift its palm oil export ban effective May 23, 2022. — Picture by Shafwan Zaidon

34 m ago

RHB IB neutral on plantation sector as Indonesia to lift palm oil ban

At the lunch break, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 1.80 points or 0.12 per cent to 1,551.21 from yesterday’s close of 1,549.41. ― Picture Ahmad Zamzahuri

1 h ago

Bursa Malaysia ends higher at mid-day

The dollar index, which measures it against six major rivals, was down 1.5 per cent for the week to 102.96, on track to snap a six-week winning run. A week earlier it had soared to the highest since January 2003 at 105.01. ― Reuters pic

1 h ago

Dollar falls for first week in seven amid US yield retreat

Beijing's unrelenting approach to Covid-19 outbreaks has snarled supply chains and locked down tens of millions of people, hitting major financial, industrial and tourist hubs. ― Reuters pic

2 h ago

China cuts key mortgage reference rate as Covid bites

At 11.09am, the FTSE Bursa Malaysia KLCI (FBM KLCI) improved 4.46 points or 0.29 per cent to 1,553.87 from yesterday’s close of 1,549.41. ― Picture by Razak Ghazali

2 h ago

Bursa Malaysia remains higher at mid-morning

Senior Minister of International Trade and Industry Datuk Seri Mohamed Azmin Ali says US companies are confident that Malaysia is still an investment destination of choice. ― Picture by Miera Zulyana

2 h ago

Azmin Ali: US companies show confidence in Malaysia as investment destination of choice

PetGas said the weaker net profit was attributed to a higher effective tax rate due to the imposition of the prosperity tax and lower pre-tax profit. ― Picture by Yusof Mat Isa

2 h ago

PetGas among top losers, falls 1.61pc in early trade

MSCI's broadest index of Asia-Pacific shares outside Japan quickly built on early gains after the cut, and was last up 1.4 per cent. ― Reuters pic

3 h ago

Asian shares jump as China cuts key lending benchmark

Indonesian palm oil farmers take part in a protest demanding the government to end the palm oil export ban, outside the Coordinating Ministry of Economic Affairs office, in Jakarta, Indonesia May 17, 2022. ― Reuters file pic

3 h ago

Indonesia to impose local sales rule when palm oil exports restart

At 9.02am, the local note stood at 4.3940/3980 versus the greenback from yesterday's close of 4.4030/4060. ―

4 h ago

Ringgit rebounds against US dollar at opening

At 9.05am, the FTSE Bursa Malaysia KLCI (FBM KLCI) increased 5.59 points or 0.36 per cent to 1,555.00 from yesterday’s close of 1,549.41. ― Bernama pic

4 h ago

Bursa Malaysia opens higher on better sentiment

The United States banned imports of Russian oil shortly after Moscow's invasion, while the European Union is considering a phased embargo, pushing more Russian oil cargoes towards Asia. ― Reuters pic

5 h ago

More Russian oil going east squeezes Iranian crude sales to China

Beijing had imposed the ban on Viterra Inc and Richardson International in March 2019 as tensions flared between Ottawa and Beijing, saying harmful organisms had been detected in their canola shipments. ― Reuters pic

5 h ago

Ottawa: China lifts ban on Canada canola imports

Cash-strapped Pakistan has been hit by a storm of crippling debt, dwindling foreign currency reserves and galloping inflation. ― AFP pic

5 h ago

Pakistan bans import of luxury items to boost economy

Kimono-clad tourists wearing protective face masks walk along Nakamise Street at Asakusa district, a popular sightseeing spot in Tokyo, Japan October 13, 2020. ― Reuters file pic

6 h ago

Japan inflation hits seven-year high

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Opinion

Alwyn Lau

1d ago

Doubles troubles: Malaysia's Thomas Cup debacle

Praba Ganesan

1d ago

The inevitable civil service cull waits for a driver

Erna Mahyuni

2d ago

The disturbing court of public opinion