Business
Back to homepage
PMB Investment declares over RM11m in distributions for two shariah funds
KUALA LUMPUR, Sept 11 — PMB Investment Bhd have declared both the PMB Shariah Premier Fund and PMB Shariah Equity Fund annual distributions of 2.0 sen per unit for the financial year ended August 31, 2025 and August 30, 2025
Read More
Ringgit opens firmer against dollar on easing US inflation signals
KUALA LUMPUR, Sept 11 — The ringgit opened firmer against the US dollar and most major currencies on Thursday, tracking expectations of United States (US) interest rate cuts after softer economic data. At 8 am, the local unit stood at
Read More
China says Dior fined after illegally sending customer data to France
BEIJING, Sept 9 — Dior’s Shanghai branch illegally transferred customers’ personal data to its headquarters in France, resulting in a data leak in May, China’s public security authority said today. The company failed to conduct mandatory security assessments before transferring
Read More
Bursa Malaysia rebounds as late buying offsets profit-taking
KUALA LUMPUR, Sept 9 — The FBM KLCI staged a late turnaround to close slightly higher, lifted by last-minute buying in CelcomDigi, which offset earlier losses from ex-dividend adjustments in Maxis and MISC and profit-taking in Tenaga Nasional and CIMB.
Read More
China races to build ‘durian express’ so fruit lovers get their fix faster
KUALA LUMPUR, Sept 9 — A port operator in northeastern China is building a new fruit transit centre to speed up shipments of Southeast Asia’s coveted durians to Chinese consumers. Liaoning Port Group, which manages the key sea terminal in
Read More
Ringgit strengthens as US dollar dips on rising interest rate cut expectations
KUALA LUMPUR, Sept 9 — The ringgit opened stronger against the US dollar today, extending gains as the greenback weakened on rising expectations of US interest rate cuts. At 8am, the local currency stood at 4.2070/2275 versus the dollar, up
Read More
Asian stocks climb as Japan PM Ishiba’s exit weakens yen
HONG KONG, Sept 8 — Asian markets rose on Monday, with Tokyo up nearly two per cent after Japanese Prime Minister Shigeru Ishiba’s decision to resign pushed down the value of the yen. Investors were also digesting weak US jobs
Read More
SMEs must invest in talent to drive growth, stay competitive
PUTRAJAYA, Sept 8 — Deputy Prime Minister Datuk Seri Fadillah Yusof today reminded small and medium enterprises (SMEs) that while the government is committed to providing policies and incentives that support growth and human capital development, real transformation must begin
Read More
Bursa climbs in catch-up trade, KLCI adds four points
KUALA LUMPUR, Sept 8 — Bursa Malaysia opened higher on Monday, catching up with regional markets that rallied last Friday. At 9.21am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 4.06 points to 1,582.21 from last Thursday’s close of
Read More
Network connectivity disrupted after multiple fibre cuts in Red Sea, says Microsoft
WASHINGTON, Sept 7 — Microsoft announced on Saturday that some Azure users might experience higher latency because of multiple undersea fibre cuts in the Red Sea, the Emirates News Agency (WAM) reported. Azure users may experience increased disruptions when traffic
Read More