Oil prices rise as US, Iran launch fresh strikes
Oil prices rose nearly two percent following US strikes on an Iranian island in the Strait of Hormuz and retaliatory action from Tehran, as the conflict enters its sixth month.
Markets & Finance news in Malaysia
24 stories across Malaysia, published in the last 30 days and gathered from Malaysian news sources.
Bank of England governor says AI could cause global economic downturn
Bank of England Governor Andrew Bailey warns that the rapid growth of artificial intelligence could lead to a global economic downturn if the AI bubble bursts, potentially triggering a market correction that spreads worldwide.
Audit TH 2017: RM227.81 million impairment issue raises questions
The decision to issue an unmodified audit opinion on Lembaga Tabung Haji's (LTH) financial statements for the year ended December 31, 2017, is questioned due to an alleged material impairment issue.
AmanahRaya distributes RM73.19 million for Shariah-compliant fund
AmanahRaya Investment Management (ARIM), a wholly-owned subsidiary of Amanah Raya Bhd, announced a distribution of 4.50 sen per unit for the AmanahRaya Syariah Trust Fund (ARSTF) for the financial year ending 31 August 2026, totaling RM73.19 million.
MEEM Gold strengthens Shariah-compliant, fraud-free financial future
MEEM Gold, a local gold and silver savings platform, strengthens its role in enhancing financial awareness and long-term asset ownership through a combination of savings ecosystem, financial education, and entrepreneurial development, all based on Shariah principles and fraud prevention.
China's three biggest airlines post heavy first-half losses as fuel shock bites
China's three largest airlines—Air China, China Eastern, and China Southern—reported combined first-half losses of US$1.22 billion, driven by high fuel costs and a weak summer travel season, casting doubt on their recovery prospects.
China's factory activity slides for second straight month
China's factory activity contracted for the second consecutive month in December, reflecting soft demand amid ongoing US trade frictions and a prolonged property crisis. The data underscores the challenges Beijing faces in sustaining economic momentum.
Govt monitoring inflation to avoid cost pressure on the people amid West Asia crisis, says deputy minister
Deputy Minister assures that the government is monitoring inflation movements to prevent cost pressures on the people amid the West Asia crisis. The statement was made in Kota Bharu, emphasizing the government's commitment to mitigating economic impacts.
RON97, unsubsidised RON95 and diesel prices up 5 sen per litre
The Ministry of Finance announced that the retail prices of RON97, unsubsidised RON95, and unsubsidised diesel will increase by 5 sen per litre, effective from the following day. The price adjustments are part of the weekly fuel pricing mechanism.
Economy minister: Tabung Haji’s RM96b investments make governance crucial to market confidence
Economy Minister Rafizi Ramli emphasized that Tabung Haji's RM96 billion investments necessitate strong governance to maintain market confidence. He addressed the Royal Commission of Inquiry findings, highlighting the importance of transparency and accountability in managing the pilgrims' fund.
Sabah records biggest unemployment drop as MYFutureJobs efforts yield over 71,000 job placements
KOTA KINABALU, Aug 23 — Sabah’s unemployment rate declined to 5.5 per cent in the first quarter of 2026 from...
Jo Ghani: Malaysia’s LNG exports cushioning blow of Hormuz crisis
IPOH, Aug 20 — Malaysia is better positioned to weather the fallout from the Strait of Hormuz disruption than nati...
‘I only wanted to save’: Kajang retiree wins RM1m Bank Rakyat lucky draw
KUALA LUMPUR, Aug 19 — A 68-year-old retiree never thought that his decision to save through Bank Rakyat’s R...
Malaysia's economy beats expectations with 5.7pc growth, says Finance minister II
PUTRAJAYA, Aug 18 — Malaysia’s impressive economic growth in the first half of the year, which exceeded...
PM Anwar hails stronger Q2 expansion, says govt shielded households from global inflation
KUALA LUMPUR, Aug 14 — Prime Minister Datuk Seri Anwar Ibrahim today welcomed Malaysia’s stronger than expec...
Malaysia’s inflation outlook steady at 1.5–2.5 pc, BNM stresses external pressures remain manageable
KUALA LUMPUR, Aug 14 — Malaysia’s headline inflation rose to 1.9 per cent in the second quarter of 2026 from...
Malaysia’s economy expands 6pc in Q2, first‑half growth steady at 5.7pc, says BNM
KUALA LUMPUR, AUG 14 — Malaysia’s economy expanded by 6 per cent in the second quarter of 2026, bringing fir...
‘I will continue saving’: Tabung Haji depositors stand by institution despite RCI spotlight
KUALA LUMPUR, Aug 14 — Although Lembaga Tabung Haji (TH) has come under the spotlight again following the release...
1MDB strikes a deal to drop its civil suit against former CFO, trial continues for Najib and five others
KUALA LUMPUR, Aug 13 — 1Malaysia Development Berhad (1MDB) and its former chief financial officer (CFO) Radhi Moha...
Finance Ministry: Tabung Haji’s finances are stronger, but taxpayers still bore the RM13b fallout
KUALA LUMPUR, Aug 12 — Lembaga Tabung Haji’s (TH) current position is stable and increasingly stronger, foll...
Tabung Haji’s losses weren’t due to market slump, its stocks fell much harder, says Amir Hamzah
KUALA LUMPUR, Aug 12 — Claims that Tabung Haji (TH) suffered losses due to a stock market downturn are baseless, a...
Tabung Haji’s RM10b hole could have been avoided if BNM warnings were heeded, Dewan Rakyat told
KUALA LUMPUR, Aug 12 — The financial crisis of Lembaga Tabung Haji (TH) could have been avoided if the institution...
Tabung Haji’s RM27.5b UJSB sukuk safe, govt will honour guarantee, says Amir Hamzah
KUALA LUMPUR, Aug 12 — The government always ensures that its debts are repaid, said Finance Minister II Datuk Ser...
Finance Minister II: Seven of Tabung Haji’s 14 troubled investments ended in total losses, Saudi-based deal caused biggest hit
KUALA LUMPUR, Aug 11 — Seven of the 14 troubled investments involving Tabung Haji identified by the Royal Commissi...