Ringgit gets a boost at market close as US data cools, Fed hike expectations fade

KUALA LUMPUR, Aug 17 — The ringgit closed higher against major and regional currencies on Monday, including the greenback, as softer US economic data dampened expectations of a

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EPF sees membership, contributions rise as labour market stays resilient

KUALA LUMPUR, Aug 17 — The Employees Provident Fund (EPF) registered 441,846 new members in the first six months ended June 30, 2026 (1H 2026), bringing total membership

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Strong global markets lift EPF investment income 48pc to RM57.5b in first half of 2026

KUALA LUMPUR, Aug 17 — The Employees Provident Fund’s (EPF) total investment income rose by 48 per cent to RM57.50 billion in the first six months ended June

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Bursa Malaysia ends lower amid geopolitical, global growth concerns

KUALA LUMPUR, Aug 17 — Bursa Malaysia ended lower on Monday as investor sentiment weakened amid renewed concerns over geopolitical tensions and global economic growth, an analyst said. At

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KWSP catat pendapatan pelaburan RM57.5 bilion

Kuala Lumpur: Kumpulan Wang Simpanan Pekerja (KWSP) mencatat pendapatan pelaburan RM57.50 bilion bagi enam bulan pertama 2026, meningkat 48 peratus daripada RM38.92 bilion dalam tempoh sama tahun lalu.

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China takes to ‘Polar Silk Road’, bypassing Red Sea to halve shipping times as global trade faces disruptions

BEIJING, Aug 16 — A Chinese container vessel has set sail for Europe through the Arctic, part of a new weekly service on a route that cuts shipment

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Opel job cuts leave German car town fearing China’s growing auto power

RUESSELSHEIM (Germany), Aug 16 — As Germany’s Opel slashes its engineering ranks and partners with China’s Leapmotor, anxiety is running high in Ruesselsheim, the city it has long

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Hainan’s free trade push opens new money-making opportunities for Malaysia, Asean

KUALA LUMPUR, Aug 16 — Hainan is emerging as a key gateway between China and the global economy as it accelerates the development of its Free Trade Port

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Markets shrug off climate risks as Europe’s heatwaves pile up economic costs

  PARIS, Aug 16 — The heatwaves pummelling Europe this summer will have costly impacts on industries ranging from agriculture to tourism—but that hasn’t stopped stock markets from hitting all-time

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Stripe and Advent in talks to buy PayPal in ‘coming weeks’

SAN FRANCISCO, Aug 15 — After rejecting a previous offer, payments giant PayPal is considering a new deal to sell itself to a group of investors that includes

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