ALT ALT

Business

Back to homepage

Bursa 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 More

Trump 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 More

Ringgit 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

UK, France and Canada to ban imports from Israeli settlements after Miliband accuses Israel of ‘ethnic cleansing’

LONDON, Sept 9 — Britain, France and Canada said yesterday they will ban imports from Israeli settlements in the occupied West Bank, with a UK minister accusing Israel of turning a blind eye to the “ethnic cleansing” of Palestinians there.

Read More

Oil nears US$100 as US‑Iran tensions escalate, stoking global inflation worries

HONG KONG, Sept 9 — Oil prices jumped more than one per cent towards US$100 (RM405) today and stocks struggled as a fresh flare-up in the Middle East crisis stoked supply concerns, putting upward pressure on inflation ahead of key

Read More

Malaysia retail growth slows to 2.5pc in Q2, but Budi95 and other subsidies sustain household demand

KUALA LUMPUR, Sept 9 — Malaysia’s expanded fuel subsidy programmes and targeted cash handouts have helped cushion consumers and small businesses from the sharpest impacts of rising living costs, according to the Malaysia Retail Industry Report for September 2026. The

Read More

Ringgit ends lower as oil prices rise, Fed decision looms

KUALA LUMPUR, Sept 8 — The ringgit closed lower against the US dollar today, weighed by higher crude oil prices and cautious sentiment ahead of the US Federal Reserve’s (Fed) next policy decision, an analyst said. At 6pm, the local

Read More

China starts charging fees on Japanese chipmaking chemical after dumping probe

BEIJING, Sept 8 — China began collecting “deposits” on imports of a key chipmaking chemical from Japan today after it said a probe found evidence of dumping that harmed Beijing’s domestic industry. The Chinese commerce ministry announced in January an

Read More

China’s exports jump 25pc on AI boom as US shipments surge before Trump-Xi talks

BEIJING, Sept 8 — China’s imports and exports surged in August, helped by a global AI buildout that has fuelled demand for technology products and ahead of an expected meeting between President Xi Jinping and US counterpart Donald Trump. After

Read More

ECB poised for rate hike as Middle East fighting pushes eurozone inflation to three‑year high

FRANKFURT, Sept 7 — The European Central Bank is expected to raise interest rates again this week as renewed fighting in the Middle East pushes up energy costs and risks further stoking inflation. Some of the heaviest clashes in weeks

Read More