Ringgit outperforms major currencies after weaker US consumption data cools Fed hike bets

KUALA LUMPUR, June 26 — The ringgit has continued to strengthen against the US dollar, other major currencies and Asean peers on Friday, shrugging off the impact of

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Asian markets sink again as AI tech sell-off deepens and global stocks slide

HONG KONG, June 26 — Seoul tanked again on Friday, leading another rout across Asian equity markets as the rollercoaster ride that has characterised the week rattled into

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Volkswagen weighs deep global job cuts and possible plant closures amid EV and China pressures

FRANKFURT, June 26 — Europe’s largest carmaker Volkswagen is considering cutting tens of thousands more jobs worldwide and shuttering up to four plants in Germany, Manager Magazin reported

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Dapsy Sarawak corrects poster error, underscores federal‐state roles in Bintulu Port deal

DAPSY Sarawak reports it has corrected a misprinted poster relating to the proposed Bintulu Port agreement, clarifying the shared duties of both federal and state authorities in the

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Sabah government throws its weight behind the tourism sector’s call for inclusion in the subsidised diesel scheme

East Malaysian stakeholders are intensifying their appeals for stronger backing of the subsidised diesel scheme, as recent figures reveal usage in Sabah and Sarawak has vastly outstripped the

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Over 150 Food Stalls to Be Featured at Miri’s Taste of Borneo Cultural Carnival 4.0

Taste of Borneo Cultural Carnival 4.0 Unveils Over 150 Culinary Booths in Miri MIRI—This year’s eagerly awaited Taste of Borneo Cultural Carnival returns with an expanded roster, boasting

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Sarawak Plantation Experiences Minimal Effects from Fertiliser Price Fluctuations

Sarawak Plantation Bhd reports that despite recent global fertiliser cost hikes, the effect on its plantation operations this year has been fairly modest. Although sector-wide nutrient prices have

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China’s ‘future industries’ boom sparks VC gold rush — and bubble fears

SHANGHAI, June 25 — Just two days after SpaceX made its historic market debut, a Chinese space startup held an investor roadshow for its maiden fundraising round by

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Ringgit extends winning streak, climbs for third straight day ahead of key US inflation data

  KUALA LUMPUR, June 25 — The ringgit continued its uptrend for the third consecutive day, closing higher against the US dollar, major currencies and Asean peers today as investors

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Bursa Malaysia closes lower amid caution over US inflation, global rate outlook

KUALA LUMPUR, June 25 — Bursa Malaysia ended lower today as selling pressure in industrial products and services stocks outweighed gains in the telecommunications sector, an analyst said. At

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