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Forex
Ringgit opens higher vs US$ amid geopolitical tensions
KUALA LUMPUR: The ringgit opened higher against the US dollar on Friday as traders turned cautious amid escalating geopolitical tensions, an analyst said.
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Markets
FBM KLCI lifts slightly amid higher crude oil prices
KUALA LUMPUR: The FBM KLCI edged higher on Friday as crude oil priced climbed amid rising geopolitical tensions in the middle east.
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Corporate News
Trading ideas: Nestle, MISC, IHH, Atlan, FBG, Bina Puri, Jentayu, Cape EMS
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
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Commodities
Oil prices rise 2% on US-Iran conflict worries
Oil prices rose around 2% on Thursday to settle at their highest level in six months, as traders worried about escalating tensions between the United States and Iran, which have stepped up military activity in the oil-producing Middle East.
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Markets
Wall St ends down as private equity stocks sink
Wall Street ended lower on Thursday, with losses in private equity companies and weakness in Walmart and Apple, while earnings-driven gains in industrials limited losses.
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Energy
Illinois governor to halt data centre tax perks
Illinois governor JB Pritzker is seeking to temporarily halt incentives for data centres in a bid to contain soaring power bills.
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Insight
Cook seems determined to keep bruising Apple
For America's brands, the second Trump administration has been a field of rakes lying in wait to give them black eyes.
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Economy
Indonesia to import 105,000 India vehicles
State-owned agriculture enterprise PT Agrinas Pangan Nusantara has partnered with Indian automotive giants Mahindra and Tata Motors to procure 105,000 vehicles for the government's Red and White Rural Cooperatives programme.
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Corporate News
New contracts to provide MISC with substantial long-term revenue visibility
MISC Bhd, the shipping arm of Petroliam Nasional Bhd, marked its maiden entry into Papua New Guinea with a 15-year charter from ExxonMobil for a new floating, storage and offloading (FSO) unit.
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Economy
Cold storage imbalance hits Vietnam agro exports
Along with strong growth momentum of agricultural and seafood exports, cold storage is emerging as a strategic infrastructure component within the value chain.
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Economy
HCM City becomes hub for digital tools integration
Ho Chi Minh (HCM) City has emerged as the nation's central hub for integrating digital tools into all aspects of life, experts say.
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Retail
Hanoi retailers see tax compliance, AI as key to survival in 2026
Compliance with tax regulations and electronic invoicing, adoption of artificial intelligence (AI) and expansion into multi-channel sales are becoming essential for business survival in Vietnam, according to a survey of 15,000 retailers released by Sapo Technology JSC, as firms navigate tighter rules and intensifying competition.
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Corporate News
MNRB sees robust earnings in next three years
Maybank Investment Bank (Maybank IB) Research raised MNRB Holdings Bhd's financial year 2026 (FY26) to FY28 net profit forecasts following the group's stronger-than-expected third quarter of financial year 2026 (3Q26) results.
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Corporate News
Qatar Airways’ new CEO eyes better ties with Airbus
About a month into his tenure as Qatar Airways Group's chief executive officer (CEO), Hamad Al-Khater made certain his first overseas trip took him to the French headquarters of planemaker Airbus SE.
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Economy
UK budget ‘headroom’ a harmful obsession
The United Kingdom should replace its simple pass-fail approach to fiscal rules with a broader "traffic lights" system to end the "dysfunctional policy making" of recent years, the Institute of Fiscal Studies says.
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Economy
Firms sign over US$7bil in trade and investment
Indonesian and US companies on Wednesday signed deals valued at more than US$7bil a day ahead of Indonesian President Prabowo Subianto's meeting with US President Donald Trump to sign a final trade pact, the US-Asean Business Council (USABC) says.
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Economy
Australia’s jobless rate stays low, hiring firm
Australian unemployment stayed low in January and hiring remained strong, validating the Reserve Bank of Australia's (RBA) view that the economy can withstand tighter monetary policy without a sharp rise in layoffs.
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Markets
Foreign buying of US stocks jumps 134% in 2025
Foreign investors bought more than twice the amount of US stocks in 2025 as they did a year before, even as President Donald Trump's tariffs rattled markets and clouded corporate outlooks.
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Economy
RBNZ navigates stronger growth, cooling inflation
New Zealand's central bank is in the unusual position this year of expecting a strong economic recovery without triggering inflation pressures, according to assistant governor Karen Silk.
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Corporate News
IRS grants tech, pharma a tax break boost
The Internal Revenue Service (IRS) handed out a hefty tax break to large corporations, ensuring that President Donald Trump's lucrative research and development (R&D) deduction doesn't increase their tax bills under a Biden-era 15% minimum levy.
