Business
Back to homepageIndia’s top palm oil buyer AWL sources 70pc of its palm oil from Malaysia, and plans to keep it that way
NEW DELHI, Sept 13 — AWL Agri Business Ltd, one of India’s largest food and fast-moving consumer goods companies, said it will continue to source the bulk of its palm oil requirements from Malaysia and is exploring opportunities to expand
Read MoreBursa Malaysia could see technical rebound, bargain hunting next week
KUALA LUMPUR, Sept 12 — Bursa Malaysia could see selective bargain hunting next week following the recent sell-off, particularly in fundamentally sound blue-chip stocks that have been marked down amid the broader risk-off environment, an analyst said. Rakuten Trade Sdn
Read MoreMAHB expects three more international airlines for KL by year-end, alongside Lufthansa return
KUALA LUMPUR, Sept 12 — Malaysia Airports Holdings Bhd (MAHB) expects another three international airlines to commence flights to Kuala Lumpur by the end of this year, further strengthening the city’s connectivity as a regional aviation hub. Its managing director
Read MoreRinggit expected to hover between RM4.06 and RM4.08 against US dollar next week
KUALA LUMPUR, Sept 12 — The ringgit is expected to trade within a tight range against the US dollar next week, with investors remaining cautious ahead of key monetary policy decisions by the United States Federal Reserve (Fed) and the
Read MoreRinggit opens lower against US dollar on stronger US economic data
KUALA LUMPUR, Sept 11 — The ringgit opened slightly lower against the US dollar on Friday, weighed by stronger-than-expected US economic data which supported the greenback. At 8 am, the local currency eased to 4.0680/0745 against the greenback from 4.0630/0670 yesterday’s
Read MorePecans become latest flashpoint in US-China trade tensions
BEIJING, Sept 10 — China has extended an anti-dumping investigation into pecans from the United States and Mexico, Beijing’s commerce ministry said on Thursday, two weeks before an expected visit by President Xi Jinping to Washington. The probe launched last
Read MoreMPOB: Malaysia’s palm oil stocks climb 7.5pc to 2.82 million tonnes in August
KUALA LUMPUR, Sept 10 — Malaysia’s total palm oil stocks rose by 196,590 tonnes, or 7.48 per cent, to 2.82 million tonnes in August 2026 from 2.62 million tonnes a month earlier, according to the Malaysian Palm Oil Board (MPOB).
Read MoreBursa Malaysia opens lower as Wall Street weakness, oil prices weigh
KUALA LUMPUR, Sept 10 — Bursa Malaysia opened lower on Thursday, tracking Wall Street’s broadly weaker performance overnight amid rising crude oil prices and US Treasury yields, an analyst said. At 9.10am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI)
Read MoreTrump bans Canadian alcohol and targets wider range of goods in escalating trade war
WASHINGTON, Sept 9 — US President Donald Trump yesterday escalated his trade war against Canada, banning imports of alcohol and various products and raising tariffs on others, with the conflict showing no sign of abating. Canadian Prime Minister Mark Carney
Read MoreRinggit opens higher against US dollar amid US and Japan rate‑hike expectations
KUALA LUMPUR, Sept 9 — The ringgit opened higher against the US dollar today as the greenback weakened, while markets weighed the prospects of interest rate hikes in the United States and Japan. At 8 am, the local currency strengthened
Read More
