KUALA LUMPUR, June 10 (Bernama) -- The government's subsidy bill for RON95 petrol and diesel is projected to remain high at about RM3.5 billion a month at current market prices, amid the ongoing conflict in West Asia, the Ministry of Finance (MOF) said.
TOKYO, June 10 (Bernama) -- Malaysia and Japan can make a meaningful contribution to strengthening regional supply chains, particularly in semiconductors, Prime Minister Datuk Seri Anwar Ibrahim said today.
KUALA LUMPUR, June 10 (Bernama) -- Insured losses from damage caused by a recent 7.8-magnitude earthquake in the Mindanao region are expected to be limited and account for only a small fraction of total economic losses due to the catastrophe protection gap in the Philippines.
From Mohd Iswandi Kasan Anuar
TOKYO, June 10 (Bernama) -- The world is currently facing a shortage of leadership clarity rather than power, Prime Minister Datuk Seri Anwar Ibrahim said today.
KUALA LUMPUR, June 10 (Bernama) -- Bursa Malaysia suspended intraday short-selling (IDSS) of Tanco Holdings Bhd for the remainder of today's trading session, the second consecutive day the restriction has been imposed after the stock breached its price limit.
KUALA LUMPUR, June 9 (Bernama) -- Bursa Malaysia opened slightly lower today with the key index slipping 0.06 per cent even as investors continued to participate in the broader market despite lingering concerns over the West Asia conflict.
KUALA LUMPUR, June 9 (Bernama) -- The ringgit opened higher against the US dollar and most major currencies today, tracking a slight pullback in the US Dollar Index (DXY) amid easing tensions in West Asia.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, June 8 (Bernama) -- The ringgit ended lower against the US dollar today as stronger-than-expected United States (US) labour market data reinforced expectations that the US Federal Reserve would maintain its restrictive monetary policy stance, boosting demand for the greenback, an economist said.
KUALA LUMPUR, June 8 (Bernama) -- Asia-Pacific (APAC) thermal coal demand hit a significant near-term surge, with an additional 150 million tonnes (Mt) of cumulative consumption projected through 2030, with roughly half expected to land in 2026 amid the ongoing West Asia conflict, according to Rystad Energy.
KUALA LUMPUR, June 8 (Bernama) -- Overall credit strength across South and Southeast Asia will remain stable over the next 12-18 months, although US dollar strength would weigh on the credit quality for a subset of rated companies with structural currency mismatches, according to Moody’s Ratings.
KUALA LUMPUR, June 8 (Bernama) -- Mobix Labs Inc has signed a binding letter of intent to acquire Vision Aerial Inc, a Montana-based manufacturer of American-built drones, as part of its acquisition-led growth strategy.
KUALA LUMPUR, June 8 (Bernama) -- Bank ABB, a financial institution in the South Caucasus, has launched its artificial intelligence (AI) assistants, AI-nur and AI-khan, making them available to all customers following a successful beta testing phase.
