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

Kwan Siew Mung, 57, showing one of the old analog wall clocks that he recently repaired when Malay Mail visited his shop at Jalan Market, Ipoh. — Pictures by John Bunyan

Life / 13 h ago

Ipoh’s last watch repairmen fight to keep a fading craft ticking

Sultan Ibrahim paid a tribute to all fathers on Father’s Day June 15, 2025. — Pictures from Facebook/Sultan Ibrahim Sultan Iskandar

Malaysia / 9 h ago

King and Queen honour all dads, calls them ‘backbone of the family’ in Father’s Day message

Tasek Gelugor MP Datuk Wan Saiful Wan Jan (left) and his new bride Nurul Maslina Mohd Sobri celebrate their wedding in Kajang, Selangor on June 14, 2025. — Picture from Facebook/Wan Saiful Wan Jan

Malaysia / 6 h ago

Bersatu MP Wan Saiful ends widowerhood, weds Nurul Maslina in Kajang

Raub district police said initial investigations found the house in good condition with no signs of foul play. — Bernama pic

Malaysia / 9 h ago

Lonely deaths: Raub couple found lifeless in shophouse, post-mortem confirms heart attacks; wife suffered Parkinson’s for 20 years

This screengrab of video footage taken and released by the Narendra Modi YouTube Channel on June 13, 2025 shows India's Prime Minister Narendra Modi meeting with Vishwas Kumar Ramesh, sole survivor of the Air India flight 171 crash, at a hospital in Ahmedabad. — AFP pic

Life / 13 h ago

Is 11A the safest seat on a plane? Not so fast, say experts

A Kuala Krai District Council member pleaded not guilty in the Sessions Court here today to a charge of raping a 29-year-old woman who was also his employee. — Bernama pic

Malaysia / 5 h ago

Kuala Krai council member pleads not guilty to rape in laundromat, court sets bail at RM15,000

An FBI poster shows images of 57-year-old Vance Luther, the primary suspect involved in the shooting deaths of senior Democratic state assemblywoman Melissa Hortman and her husband, in Minneapolis, Minnesota released on June 14, 2025. — FBI handout pic via Reuters

World / 10 h ago

Minnesota gunman texted chilling message: ‘I might be dead soon’; suspect linked to manifesto, evangelical ties

The hand-torn ‘pan mee’ at Kedai Kopi Hoh Piah is thin and smooth. — Picture by Ethan Lau

Eat-drink / 11 h ago

Find a great ‘pan mee’ out of a house in Sungai Way, at Kedai Kopi Hoh Piah

FMM president Tan Sri Soh Thian Lai warned that the sharp rise in port tariffs from July 1, 2025 could disrupt the cost structures of both exporters and importers at a critical point in Malaysia’s economic recovery. — Picture by Firdaus Latif

Malaysia / 8 h ago

Port Klang charges to rise 30pc from July 2025, FMM says move risks cargo diversion and threatens jobs

Ampang Jaya police chief Mohd Azam Ismail said the discovery followed a public complaint of a stench coming from a two-storey terrace house in Pandan Indah on June 13, 2025. — File picture by Ahmad Zamzahuri

Malaysia / 7 h ago

Ampang woman found dead days after returning from Aidiladha trip; police rule out foul play

Two hot air balloons crashed in central Turkiye, killing at least one person and injuring 19 others, state broadcaster TRT reported today. — Reuters pic

World / 3 h ago

Two hot air balloons crash in Turkiye, killing one and injuring 19 in tourist hotspot

Melaka Tengah police chief Christopher Patit said in both cases, the perpetrators asked the convenience store workers for an e-wallet top-up before striking. — File picture by Ahmad Zamzahuri

Malaysia / 9 h ago

Pre-dawn robberies in Melaka: Cashier hit with baseball bat, another assaulted by fake food delivery rider

Demonstrators hold US flags and signs amid tear gas during a protest against US President Donald Trump’s policies and federal immigration sweeps during a No Kings Day demonstration in Los Angeles, California June 14, 2025. — Reuters pic

World / 9 h ago

Balloons, bubbles, tear gas: LA’s ‘No Kings’ anti-Trump rallies spiral into chaos as police clash with protesters

Cameron Highlands district police chief Superintendent Azri Ramli said the incident occurred around noon and involved a 24-year-old man and three girls aged two, eight and 10. — Screengrab from Facebook video

Malaysia / 1 h ago

Driver suffers suspected seizure, Myvi hits four pedestrians in Cameron Highlands (VIDEO)

Members of the US Army’s Charlie Company, 2nd Battalion, 5th Cavalry Regiment, 1st Armoured Brigade Combat Team, 1st Cavalry Division operate a M1A2 SEP V3 tank down Constitution Avenue as they move past US President Donald Trump during the Army’s 250th Birthday parade in Washington, D.C. June 14, 2025. Trump warned Iran today that it would experience ‘the full strength’ of the US military if it attacks the United States, reiterating that Washington ‘had nothing to do’ with Israel’s strikes on Tehran’s nuclear and intelligence facilities. — Reuters pic

World / 3 h ago

Trump says US had ‘nothing to do’ with Israel’s Iran strikes, warns military will respond at ‘levels never seen before’ if attacked

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Money

3 h ago

Sources: US-China trade truce shaky as military-use rare earth export dispute remains unresolved

China has not committed to grant export clearance for some specialised rare-earth magnets that US military suppliers need for fighter jets and missile systems. — Reuters pic

China withholding export of certain military-use rare earth materials China negotiators in London appeared to link rare earths export to US AI chip curbs Trump administration faces challenges due to China’s rare earths control US signalled possible extension to current tariffs beyond August 10 deadline, sources sayBEIJING, June 15 — The renewed US-China...

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Japanese Prime Minister Shigeru Ishiba heads to Canada today for trade talks with US President Donald Trump, hoping to persuade him to drop trade tariffs that have imperilled Japan’s auto companies and threaten to undermine his fragile government. — Reuters pic

Money / 5 h ago

US auto tariffs could cut Japan’s GDP by 0.9pc, PM Ishiba seeks solution in G7 talks with Trump

A jogger runs past the Federal Reserve building in Washington, DC August 22, 2018. The US central bank is expected to keep interest rates unchanged for a fourth straight policy meeting this week, despite President Donald Trump’s push for rate cuts, as officials contend with uncertainty sparked by the Republican’s tariffs. — Reuters pic

Money / 6 h ago

US Fed set to keep rates unchanged, resisting Trump’s calls for cuts amid economic uncertainty

South Korea’s exports to the Association of Asean countries are on the rise, helping offset recent drops in shipments to the US and China amid a global trade war sparked partly by the US’ evolving tariff policies, data showed today. — Picture by Raymond Manuel

Money / 6 h ago

Asean surpasses China as South Korea’s top export destination for first time in 23 years amid global trade shifts

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Cans of Hanoi Beer and Saigon Beer are seen displayed for sale at a mini-mart in Hanoi September 1, 2016. Vietnam’s lawmakers approved raising the tax on beer and strong alcoholic beverages yesterday to 90 per cent by 2031 from the current 65 per cent, state media said. — Reuters pic

6 h ago

Vietnam hikes beer, liquor tax by 5pc yearly, set to hit 90pc by 2031

The global commercial aviation fleet will stand just under 50,000 planes in 2044, with most built over the next 20 years, according to a Boeing forecast released yesterday. — Reuters pic

7 h ago

Boeing trims 2044 global air fleet forecast to 49,600 planes as supply chain issues slow deliveries

13 h ago

Nippon Steel’s US deal approved — now comes the hard part: debt, tariffs and decarbonisation

In a climate of commercial and strategic tensions, the Paris Air Show, the oldest and largest aerospace event in the world, opens on June 15, 2025, marked by Europe’s determination to rearm and reclaim its sovereignty in space. — AFP pic

23 h ago

Paris Air Show opens under cloud of war, Dreamliner crash and trade tensions

A steel worker returns to US Steel Granite City Works in Granite City, Illinois May 24, 2018. US President Donald Trump approved Nippon Steel’s US$14.9 billion bid for US Steel yesterday, capping a tumultuous 18-month effort by the companies that survived union opposition and two national security reviews. — Reuters pic

1d ago

Trump signs off on Nippon Steel’s US$14.9b takeover of US Steel after security review, but details on ‘golden share’ remain unclear

Shein’s carbon emissions from transporting products climbed 13.7 per cent in 2024, the online fast-fashion retailer’s sustainability report showed yesterday, and its 2023 transport emissions were 18 per cent higher than previously reported after a recalculation. — Reuters pic

1d ago

Fast-fashion retailer Shein’s transport emissions surge 13.7pc in 2024, tripling Inditex’s footprint

The ringgit is expected to trade within a narrow range next week, as investors remain cautious amid ongoing global inflation concerns, said an analyst. — Picture by Sayuti Zainudin

1d ago

Ringgit expected to trade sideways, hovering between 4.22-4.24 ahead of key Fed meeting as geopolitical risks loom

Bursa Malaysia’s key index is set to move between 1,500 and 1,530 next week, as markets remain under pressure amid concerns over Washington’s planned unilateral tariff letters and escalating tensions following Israel’s strike on Iran. — Picture by Yusof Mat Isa

1d ago

Bursa Malaysia to trade between 1,500-1,530 next week amid US tariffs, Middle East tensions

Mexico’s antitrust watchdog said yesterday it had closed a case against Google, clearing the tech giant from any potential fines, after a multi-year investigation determined it did not engage in monopolistic practices in the country. — Reuters pic

1d ago

Google wins years-long Mexico antitrust battle, avoids billion-dollar fines as regulators shut case

Oil prices jumped yesterday and settled 7 per cent higher as Israel and Iran traded air strikes, feeding investor worries that the combat could widely disrupt oil exports from the Middle East. — AFP pic

1d ago

Oil surges 7pc as Israel-Iran conflict raises supply disruption fears

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

1d ago

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

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

2d 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

2d 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

2d ago

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

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

2d ago

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

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1d ago

‘Ejen Ali The Movie 2: Misi Satria’ vs ‘Keluang Man’ – which will prevail?

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12 Jun 2025

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Embracing Powertrain Diversity, GWM Continues to Enhance Clean Diesel Capabilities for Off-Roading

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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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