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
9 stories across Malaysia, published in the last 7 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.