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

Prime Minister Datuk Seri Anwar Ibrahim said Tun Dr Mahathir is still entitled to government travel as a former prime minister despite being critical of the current administration. — Bernama pic

Malaysia / 18 h ago

‘He applied, I approved’: Anwar says of RM486,000 Japan trip bill for Dr Mahathir

Through a letter issued by the Law Practice of Rafique, Muhammad Yusoff Rawther's legal team demanded that police explain the steps taken to investigate his September 2024 report, which named individuals he alleged were involved in a plot against him. — Bernama pic

Malaysia / 17 h ago

Acquitted ex-aide Yusoff Rawther gives police seven days to respond over ‘framing’ claim, warns of legal action

The statement-taking session with a highway concessionaire titled ‘Tan Sri’, currently under probe for alleged misuse of sukuk funds tied to a Klang Valley highway project, has been postponed to next Thursday. — Picture by Choo Choy May

Malaysia / 16 h ago

Sukuk fund probe linked to Klang Valley highway project: MACC seizes luxury assets in 16-hour raid, postpones statement from ‘Tan Sri’ to next Thursday over ill health

File picture of a vehicle moves along a partially-demolished road ahead of an Israeli military bulldozer during an army operation in the Palestinian. — AFP pic

World / 19 h ago

Israel declares nationwide emergency after bombing Iranian nuclear, military sites

Penang-born actress Pik-Sen Lim, seen here in a scene from ‘Johnny English Reborn’, has passed away at the age of 80. — Screengrab via YouTube

Showbiz / 13 h ago

Penang-born actress Pik-Sen Lim, known for roles in ‘Mind Your Language’, ‘Doctor Who’ and ‘Johnny English Reborn’, dies at 80

An Israeli flag flutters on the Mount of Olives as the sun rises over Jerusalem and its landmark Dome of the Rock mosque on June 13, 2025, following Israeli Prime Minister Benjamin Netanyahu’s announcement that a military operation was launched against Iran and would “continue for as many days as it takes”. — AFP pic

World / 15 h ago

Netanyahu hails ‘very successful’ opening strike on Iran, says campaign will continue for ‘many days’

Transport Minister Anthony Loke (left) tests out a commercial heavy vehicle equipped with a vehicle communication interface (VCI) device while Scania presales engineer, Shahirwan Salamun explained during the launch of the Speed Limitation Device, at Bukit Jelutong in Shah Alam, Selangor on June 13, 2025. — Picture by Yusof Mat Isa

Malaysia / 15 h ago

JPJ to enforce speed limiter checks on buses, heavy vehicles from Oct 1

Road works and new routes around The Light Waterfront in Penang as IJM dismantled an existing pedestrian bridge from June 16 to 27, 2025. — Picture from Facebook/Connie Tan

Malaysia / 17 h ago

Heads up, Penang motorists: Lane closures, new routes as The Light Interchange progresses

Previously, the media reported that the women’s doubles pair has yet to renew their BAM contracts, which expired last December. — Bernama pic

Sports / 15 h ago

Lock in Pearly Tan-Thinaah before it’s too late, says Tengku Zafrul as BAM contract talks stall

Rescue officials carry a victim's body at the site where Air India flight 171 crashed in a residential area near the airport in Ahmedabad yesterday. — AFP pic

World / 19 h ago

Lone survivor emerges from fiery Air India crash in Ahmedabad that killed 260, UK national identified

This screengrab of video footage taken and released by the Narendra Modi Youtube Channel today shows India's Prime Minister Narendra Modi (L) meeting with Vishwash Kumar Ramesh. — AFP pic

World / 11 h ago

Lone UK survivor of Air India crash says he ‘slipped out’ after jet exploded into hostel

Israel declared a state of emergency, with Defence Minister Israel Katz saying that retaliatory action from Tehran was possible following the operation. — File pic via Reuters

World / 18 h ago

Israel launches preemptive strikes on Iran’s nuclear plant, military sites; Tehran vows retaliation

Rafizi Ramli (standing, centre) shares a group photo with staff of the Economy Ministry in Putrajaya on June 13, 2025. — Picture from X/Rafizi Ramli

Malaysia / 12 h ago

Rafizi clears out Economy Ministry office despite Anwar’s offer to stay in Cabinet

Transport Minister Anthony Loke said Malaysia’s public transport usage is still at 20 per cent, below the 40 per cent target. — Picture by Firdaus Latif

Malaysia / 9 h ago

‘My shoulder is very heavy’: Loke backs Motac taking over tour bus oversight, but says Cabinet must decide

Muhammed Yusoff Rawther, who was held in remand for nine months, was acquitted yesterday of drug trafficking and possessing two imitation pistols, claiming the items had been planted to frame him. — Bernama pic

Malaysia / 12 h ago

AGC urges restraint after Yusoff Rawther acquittal, warns against trial by media and public perception

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Money

8 h ago

Airlines scramble to cancel and divert flights as Israel-Iran conflict shuts airspace over four countries, dragging shares lower

A board showing cancelled flights stands at arrivals hall at Ben Gurion Airport near Tel Aviv on June 13, 2025 after Israel closed its air space to takeoff and landing. — AFP pic

Iran, Iraq and Jordan close airspace and Israel shuts airport after attacks Thousands of flights affected -Eurocontrol Israel’s El Al and Israir evacuate planes from Tel Aviv Airline shares downSEOUL, June 13 — Airlines cleared out of the airspace over Israel, Iran, Iraq and Jordan today after Israel launched attacks on targets in...

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The ringgit slipped against the US dollar on the final trading day of the week, reversing earlier gains as rising geopolitical concerns drove safe-haven demand for the greenback. — Reuters pic

Money / 8 h ago

Ringgit weakens as geopolitical tensions boost US dollar safe-haven appeal

Bursa Malaysia closed lower today, weighed down by heavy selling in technology, healthcare, and logistics stocks, as risk-off sentiment intensified following escalating geopolitical tensions and Washington’s plan to impose unilateral tariffs within the next two weeks. — Picture by Azneal Ishak

Money / 9 h ago

Bursa Malaysia slides as investors react to Middle East crisis and US tariff threats

Customers have been urged to plan ahead, with services such as bill payments, international transfers, and even notifications on messaging platforms like LINE expected to be interrupted. — Reuters pic

Money / 11 h ago

Thailand’s top banks Krungthai, GSB and SCB hit pause for maintenance, customers warned of service disruptions

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Nearly all the iPhones exported by Foxconn from India went to the United States between March and May, customs data showed, far above the 2024 average of 50 per cent and a clear sign of Apple’s efforts to bypass high US tariffs imposed on China. — Reuters pic

12 h ago

Foxconn sends 97pc of India-made iPhones to US as Apple navigates China trade barriers

This photo taken on June 4, 2025 shows rice from ‘Farm Fresh Yamazaki’, operated by farmer Satoshi Yamazaki, being sorted into a huller machine at his farm in the town of Sanjo, Niigata prefecture in northern Japan. — AFP pic

14 h ago

Japan’s rice dilemma: High prices, shortages, farmer struggles and voter anger fuel political tensions

At 12.30pm, Malaysia's key index retreated by 8.59 points or 0.56 per cent to 1,518.03 from yesterday’s close of 1,526.62. — Picture by Yusof Mat Isa

14 h ago

Bursa Malaysia retreats 0.56pc at midday as US tariff plans shake investor confidence

A drone view of an electronic notice board displaying the price of oil in Midland, Texas June 12, 2025. — Reuters pic

14 h ago

Oil jumps 12pc, stocks sink as Israel strikes Iran, stoking Middle East war fears

At 9.05 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 5.61 points to 1,521.01 from Thursday’s close of 1,526.62. The benchmark index had opened 4.15 points lower at 1,522.47. — Picture by Zuraneeza Zulkifli

18 h ago

Cautious mood hits Bursa at opening despite US inflation cheer

At 8 am, the local unit strengthened to 4.2095/2270 against the greenback, from Thursday’s close of 4.2155/2245. — Picture by Sayuti Zainudin

18 h ago

Cooling US economy lifts ringgit early Friday

Air India Boeing 787 Dreamliner aircraft VT-ANB is pictured near Malpensa Airport in Milan, Italy, August 19, 2017. — Reuters pic

21 h ago

Air India's long history: From Tata’s founding in 1932 to modern transformations as it navigates aftermath of Ahmedabad crash

The ringgit continued to strengthen against the US dollar on Thursday, buoyed by a softer US Dollar Index (DXY), which declined by 0.25 per cent to 98.386 points. — Picture by Sayuti Zainudin

1d ago

Ringgit strengthens against greenback as US tariff concerns weigh on global markets

Bursa Malaysia closed slightly higher today, with the key index climbing 0.18 per cent, supported by buying in utilities and telecommunications heavyweights, despite softer regional sentiment due to profit-taking and caution surrounding the United States-China trade deal. — Picture by Choo Choy May

1d ago

Bursa Malaysia edges higher as utilities and telco stocks provide support

Shares of planemaker Boeing slid in premarket US trading today after an Air India aircraft with more than 200 people crashed near the airport in India’s western city of Ahmedabad.— Reuters pic

1d ago

Boeing shares tumble 8pc after Air India plane crash in Ahmedabad

US Treasury Secretary Scott Bessent and Chinese vice premier He Lifeng meet in London June 9, 2025. — Reuters pic

1d ago

China affirms trade deal with US, says it ‘always keeps its word and delivers results’

UK shoppers on Oxford Street in London in April 2025, as Britain’s economy suffered its sharpest monthly contraction since 2023 amid global tariff shocks. — Reuters pic

1d ago

UK economy shrinks by the most in nearly two years, Office for National Statistics says

Tengku Zafrul said the AEC Strategic Plan will play a key role in enabling Asean to achieve its ambition of becoming the world’s fourth-largest economy by 2030. — Picture by Yusof Mat Isa

1d ago

Tengku Zafrul: Asean can crack top four spot in global economy by 2030

Trump shook confidence by saying yesterday that he intended to send letters telling governments what levies Washington would be imposing. — Reuters pic

1d ago

Asian rally snaps as Trump threatens ‘take it or leave it’ levies

MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.3 per cent lower in early trading after hitting a three year-high yesterday. Japan’s Nikkei slipped 0.7 per cent, while US and European stock futures fell. — Reuters pic

1d ago

Risk-off mood grips global markets despite ‘great deal’ with China

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Praba Ganesan

1d ago

Safer express buses is a two-way street

Erna Mahyuni

2d ago

Cancer Diaries: Cancer-free for now but the journey isn't over

Kamal Amzan

2d ago

How many more must die on the roads before something is actually done?

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Gorilla Technology Sets Q1 2025 Conference Call for June 18th, 2025, at 4:30 p.m. ET

The Conference of the Fédération Internationale de l'Automobile (FIA), hosted by the Automobile General Association Macao-China (AAMC) supported by Galaxy Macau™, successfully concluded on June 12 at the state-of-the-art Galaxy International Convention Center (GICC).

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