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China economy gets early 2026 lift as retail sales, industrial output beat forecasts
BEIJING, March 16 — Activity in China’s retail and industrial sectors picked up in the first two months of the year, official data showed today, as Beijing tries to revive domestic spending while navigating mounting external risks. Leaders in the
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Ringgit opens marginally higher against US dollar amid cautious sentiment
KUALA LUMPUR, March 16 — The ringgit opened slightly higher against the US dollar today, supported by mild dollar weakness, though persistent geopolitical uncertainties and elevated oil prices capped gains. At 8am, the local note strengthened to 3.9300/9455 against the
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BNM likely to assess oil‑shock impact before any rate move, despite inflation risks, says economist
KUALA LUMPUR, March 15 — Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said policymakers are likely to assess the situation before raising interest rates to contain inflation resulting from the impact of the conflict in West Asia
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Crypto markets roiled by US–Iran conflict as traders bracing for weeks of turbulence
KUALA LUMPUR, March 15 — The cryptocurrency market remains highly volatile, with prices fluctuating amid uncertainty over geopolitical conflicts, particularly the West Asia conflict and its potential impact on global oil supply. Monash University Malaysia Professor of Finance and Head
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Oil holds above US$100 as Middle East war rattles global stock markets
NEW YORK, March 14 — Oil prices stayed over US$100 per barrel (about RM393.85) yesterday while stock markets slid, with no end in sight to disruption in crude supplies as war rages on in the Middle East. With the conflict
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Ringgit edges up versus regional currencies, slips slightly against US dollar amid Middle East tensions
KUALA LUMPUR, March 13 — The ringgit ended higher against other major currencies but eased against the US dollar at Friday’s close as investors remained cautious amid the escalating conflict in West Asia, which has heightened concerns over oil supply
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BSN expands first-time home financing scheme to gig workers, govt contract staff
PUTRAJAYA, March 13 — Bank Simpanan Nasional (BSN), in collaboration with Syarikat Jaminan Kredit Perumahan Bhd, is expanding the opportunity for first-time home ownership to gig workers and government contract staff. The initiative is implemented through the MyFirstHome-i and BSN
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Oil holds above US$100, stocks fall as Hormuz threat rattles global markets
HONG KONG, March 13 — Oil prices held gains above US$100 (RM393) today and most equity markets dropped after Iran’s leader called for the blocking of the crucial Strait of Hormuz and the opening up of new fronts in the
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Malaysia’s strong 2025 growth to sustain economic momentum this year, says Amir Hamzah
KUALA LUMPUR, March 13 — Malaysia’s impressive economic performance in 2025 is expected to continue driving the country’s economic momentum this year, despite global uncertainties and geopolitical challenges. Finance Minister II Datuk Seri Amir Hamzah Azizan said last year’s growth,
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Malaysia Aviation Group monitoring airfares and fuel surcharges as oil climbs above US$100
KUALA LUMPUR, March 13 — Malaysia Aviation Group (MAG) said the airlines under its portfolio are continuously reviewing airfares and fuel surcharges in response to prevailing market conditions. “The group remains committed to balancing cost management while maintaining reliable and
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