Malaysia Business News, Finance News, Stock Updates | Malay Mail

A file photograph shows a general view of the Puspakom branch in Wangsa Maju. — Picture by Hari Anggara

Malaysia / 18 h ago

Swapping tyres before Puspakom checks? Loke says that game is going away

South Korean director Hwang Dong-hyuk and the cast of ‘Squid Game Season 2’ attend a press conference at Dongdaemun Design Plaza in Seoul December 9, 2024. — AFP pic

Showbiz / 18 h ago

Netflix shuts down US$1b revenue estimates for ‘Squid Game Season 2’

Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi speaks to reporters after the New Year Message event at the Rural and Regional Development Ministry in Putrajaya, on Jan 2, 2025. — Bernama pic

Malaysia / 19 h ago

After Guan Eng criticises Najib solidarity gathering, Zahid says DAP leader’s time has gone

Tenaga Nasional Bhd’s monopole transmission towers are illuminated in vibrant colours in conjunction with the 2025 New Year celebrations on Jan 1, 2025. — Bernama pic

Malaysia / 14 h ago

Now shining: Penang official says TNB’s RM500m monopoles fully operational

Malaysia / 17 h ago

Penang preschooler dies after getting stuck in folding table

An undated file photograph shows yellow tape used by the Royal Malaysia Police to secure a perimeter. — Bernama pic

Malaysia / 16 h ago

Pinkfish Countdown 2024 organisers vow full cooperation for police probe into reveller deaths

Malaysian can now also pay their JPJ summons on the MyJPJ app. — Bernama pic

Malaysia / 19 h ago

Malaysians can now pay summonses via MyJPJ app, says Transport minister Loke

A file photograph shows Road Transport Department (JPJ) enforcers conducting an inspection at the Petaling Jaya Selatan Toll Plaza on June 27, 2023. — Bernama pic

Malaysia / 18 h ago

Half off JPJ fines until June 30

Selangor police chief Datuk Hussein Omar Khan has confirmed the death of Yap Xin Yuan. — Bernama pic

Malaysia / 15 h ago

Selangor cops: Banting body identified by DNA test as teen missing from lion dance training

Penang chief minister Chow Kon Yeow posing with the Penang Miaohui mascot for this year, Xiao Ru Yi, a snake. — Picture by Opalyn Mok

Malaysia / 18 h ago

Get ready for Penang Miaohui: This grand cultural celebration returns for its 26th year with over 200,000 visitors expected

An electrical switch box with fire damage is pictured at the KLCC LRT station on Jan 2, 2025. — Picture courtesy of the Fire and Rescue Department

Malaysia / 13 h ago

Fire breaks out at KLCC LRT station

The report states that the proposed EPF contribution rate for non-citizen employees with a new contract of employment is 11 per cent for employees and 12-13 per cent for employers, depending on salary compensation. — Picture by Miera Zulyana

Money / 15 h ago

AmInvestment forecasts RM1.7b boost to Malaysia’s equity market from non-citizen employees’ EPF contributions

The introduction of the Quick Response (QR) code system at Kuala Lumpur International Airport (KLIA) for autogate clearance will not compromise security, particularly with regards to the entry of foreign nationals into Malaysia. — Bernama pic

Malaysia / 12 h ago

No compromise on security: KLIA’s QR code autogates speed up clearance, says Immigration Dept

A file photograph shows Transport Minister Anthony Loke at a press conference in Hulu Langat, Selangor on March 5, 2024. — Picture by Hari Anggara.

Malaysia / 18 h ago

FG series plates for Putrajaya now open for bids

The Fiji government on Thursday said police were investigating incidents involving two crew members of Australian airline Virgin Australia who were allegedly victims of rape and theft in Nadi in the early hours of New Year’s Day. — Reuters pic

World / 17 h ago

Fiji police investigate Virgin crew’s alleged rape, theft on New Year’s Day

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Money

2 m ago

Apple slashes iPhone prices by up to 500 yuan in China as it battles Huawei for market share

Apple is offering rare discounts of up to 500 yuan (RM307) on its latest iPhone models in China, as the US tech giant moves to defend its market share against rising competition from domestic rivals like Huawei. — AFP pic

BEIJING, Jan 3 — Apple is offering rare discounts of up to 500 yuan (RM307) on its latest iPhone models in China, as the US tech giant moves to defend its market share against rising competition from domestic rivals like Huawei.The four-day promotion, running from January 4-7, applies to several...

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Money / 7 h ago

First Phosphate Closes Oversubscribed Private Placement Financing

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Money / 7 h ago

Rostock IMG jobs saved

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Money / 10 h ago

The 2025 Taipei New Year’s Party – Most Exclusive Performance Cast in Taiwan Gold Medalists Join Hands with 220,000 Other Revelers for the Grand New Year Year’s Countdown

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The ringgit finished lower against the US dollar on the first trading day of the year on continuous demand for the greenback due to concerns over the US Federal Reserve’s (Fed) potential decision to cut interest rates in 2025. — Reuters pic

12 h ago

Ringgit dips against US dollar as Fed rate concerns loom, edges up against pound and euro

The report states that the proposed EPF contribution rate for non-citizen employees with a new contract of employment is 11 per cent for employees and 12-13 per cent for employers, depending on salary compensation. — Picture by Miera Zulyana

15 h ago

AmInvestment forecasts RM1.7b boost to Malaysia’s equity market from non-citizen employees’ EPF contributions

At 9.05am, the FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,636.91, down 5.42 points from Tuesday’s close of 1,642.33. — Picture by Razak Ghazali

21 h ago

Bursa Malaysia kicks off 2025 on a soft note, tracking US decline

At 8am, the ringgit eased to 4.4700/4805 against the greenback, compared with Tuesday’s close of 4.4690/4745. — Picture by Sayuti Zainudin

21 h ago

Fed jitters push ringgit lower on first trading day of 2025

Two undocumented workers from Honduras get ready for a work day at Del Bosque Farms in Firebaugh, California December 17, 2024. Around 2.4 million people work in farming in the United States, 44 per cent of whom are undocumented, according to a survey by the Department of Labour. — AFP pic

2d ago

US farmers: Migrant worker shortage could trigger food supply crisis as Trump promises mass deportations

A real estate investment trust owned by Argentine soccer star Lionel Messi made its Spanish market debut at 57.4 euros per share, giving it a market capitalisation of 223 million euros. — Reuters pic

2d ago

Lionel Messi’s real estate trust debuts in Spain, valued at €223m

A worker poses with an unclean bird’s nest at a processing plant in Kuala Lumpur February 17, 2015. Malaysia has received a request to temporarily suspend the export of bird’s nest products, including raw-cleaned and raw-uncleaned edible bird’s nests, to China beginning December 20. — Reuters pic

2d ago

DVS: Malaysia halts bird’s nest exports to China temporarily after Chinese customs request citing Newcastle disease concerns

North Korean leader Kim Jong-un oversaw the launch of plans for a new beachside tourist resort, state media said on Tuesday. — AFP pic/KCNA via KNS

2d ago

Kim Jong-un tours new resort project, signals focus on boosting North Korea’s tourism

Bursa Malaysia’s benchmark index closed the year with modest gains, rising by 0.28 per cent and bucking the regional downtrend, thanks to strong buying momentum in selected heavyweights. — Picture by Hari Anggara

2d ago

Bursa Malaysia ends year on a high, extending winning streak to six days as FBM KLCI rises 0.28pc to 1,642.33

President Xi Jinping said China will put in place ‘more proactive’ macroeconomic policies next year, state media reported. — Reuters/Pool pic

2d ago

China’s Xi calls for ‘more proactive’ macroeconomic reforms for 2025 amid recovery efforts

The second vice president of Venezuela’s Supreme Court of Justice (TSJ), Tania D’Amelio (centre), speaks about a fine imposed on the social network TikTok at the TSJ building in Caracas on December 30, 2024. Venezuela fined TikTok US$10 million yesterday for ‘negligence’ in the control of viral challenges on this Chinese social network, which, according to the authorities, caused the death of three teenagers and left hundreds of people intoxicated. — AFP pic

2d ago

Venezuela fines TikTok US$10m over viral challenges linked to adolescent deaths, ordered to set up victims fund

Chinese stocks dipped today, the final trading day of 2024, but were on track for their first annual gain following an unprecedented three-year decline, while Hong Kong shares also ended the year higher. — AFP pic

2d ago

Chinese stocks end three-year losing streak, HK closes four-year rout with 17.9pc gain

Markets in Asia and Europe suffered a downturn today after racking up a series of gains as profit-takers stepped in, while traders were also spooked by a surge in commodity prices. — Reuters pic

2d ago

Asian stocks fall as Wall Street’s Santa Claus rally fizzles, China PMI offers silver lining

Malaysia’s official reserve assets amounted to US$118.35 billion (US$1=RM4.45), while other foreign currency assets stood at US$255.72 million as at end-November 2024, said Bank Negara Malaysia (BNM). ― Picture by Yusof Mat Isa

2d ago

BNM reveals Malaysia’s international reserves stand at US$118.35b, with US$14b in scheduled outflows

At 9.03am, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of-a-point to 1,637.29, down from Monday’s close of 1,637.68. — Picture by Ahmad Zamzahuri

2d ago

Profit-taking on Wall Street casts shadow on Bursa Malaysia

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Opinion

Praba Ganesan

20 h ago

New Year resolution for an abstract Malaysia

Erna Mahyuni

1d ago

Cancer Diaries: On starting chemo and the obsession with other people’s prayers

Alwyn Lau

30 Dec 2024

When jeans clash with chess

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Corporate News from Media OutReach Newswire

7 h ago

First Phosphate Closes Oversubscribed Private Placement Financing

Rescue for jobs at Rostock-based IMG Ingenieurtechnik und Maschinenbau GmbH (IMG). Zachert Ingenieurtechnik und Maschinenbau GmbH, a wholly owned subsidiary of Zachert Private Equity GmbH (ZPE), will take over the long-established mechanical engineering company when the contracts are signed on 31 December 2024. The takeover secures the Rostock site and over 75 per cent of jobs.

7 h ago

Rostock IMG jobs saved

【The 2025 Taipei New Year’s Party 】For the midnight countdown and spectacular six-minute fireworks extravaganza over Taipei 101 that followed.

10 h ago

The 2025 Taipei New Year’s Party – Most Exclusive Performance Cast in Taiwan Gold Medalists Join Hands with 220,000 Other Revelers for the Grand New Year Year’s Countdown

From January 7-10, VinAI will showcase several AI technologies in a real car at Booth 7224, West Hall - CES 2025.

11 h ago

VinAI returns to CES 2025 with cutting-edge automotive AI technologies

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