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

Children under 16 in Malaysia will no longer be allowed to register their own social media accounts starting June 1, 2026. — AFP pic

Malaysia / 18 h ago

Malaysia’s under-16 social media rule starts today: What parents need to know

Four people were killed and two others injured in a collision involving five vehicles along Jalan Renggam–Simpang Renggam. — Picture via social media

Malaysia / 8 h ago

Family among four killed in Toyota Vios as BMW, Mercedes, Wira and Alza collide near Simpang Renggam Prison

Johor DAP vice-chairman Sheikh Umar Bagharib Ali said Johor DAP chairman Teo Nie Ching had stated that she offered Marina to lead a statutory body and not a GLC.— Picture via Facebook

Malaysia / 7 h ago

Johor DAP: Marina Ibrahim not offered GLC post, but position with statutory body involved in welfare

Skudai assemblyman Marina Ibrahim (left) today rejected claims she was defecting. — Picture via Facebook/Marina Binti Ibrahim

Malaysia / 10 h ago

Skudai DAP rep Marina Ibrahim hits back at ‘bought over’ rumours amid purported GLC offer

The Finance Ministry has clarified that a temporary system error caused some Budi95 users to see their monthly quota displayed as 150 litres. — Picture by Sayuti Zainudin

Malaysia / 16 h ago

Putrajaya late‑night error corrected as Finance Ministry assures Budi95 quota remains at 200 litres

Malaysia’s new Risk Mitigation Code, effective June 1, 2026, requires online platforms to strengthen measures against scams, harmful content and manipulated media such as deepfakes. — AFP pic

Malaysia / 18 h ago

Malaysia’s new online safety rules kick in today: What changes for social media users?

Johor Menteri Besar Datuk Onn Hafiz Ghazi (centre) after announcing the dissolution of the state legislative assembly at the Johor Menteri Besar’s official residence in Saujana, Johor Bahru today. June 1, 2026. — Picture courtesy of the Johor Menteri Besar’s office

Malaysia / 7 h ago

Johor state assembly dissolved, Onn Hafiz cites need for mandate to drive development

His Majesty Sultan Ibrahim, King of Malaysia, today said that any individual who rejects the principles of the Rukun Negara is not worthy of being regarded as a Malaysian citizen. — Bernama pic

Malaysia / 12 h ago

Those who reject Rukun Negara principles unfit to be called Malaysians, says King

His Majesty Sultan Ibrahim, King of Malaysia, and Her Majesty Raja Zarith Sofiah gracing the Investiture Ceremony for Federal Awards, Medals and Honours at Istana Negara, held in conjunction with His Majesty’s official birthday celebration June 1, 2026. — Bernama pic

Malaysia / 13 h ago

King graces Federal Awards Investiture Ceremony held in conjunction with His Majesty’s official birthday

After more than two decades, Malaysia’s national identity card is entering a new phase with the rollout of the New Structure MyKad this month, featuring enhanced security measures to protect personal identities and data. — Picture by Sayuti Zainudin

Malaysia / 14 h ago

Malaysia begins phased rollout of New Structure MyKad with 53 enhanced security features, existing cards remain valid

His Majesty Sultan Ibrahim, King of Malaysia, confers the Darjah Seri Setia Mahkota (SSM) which carries the title of Tuns to Chief Justice Datuk Seri Wan Ahmad Farid Wan Salleh at the Presentation and Conferment of Federal Orders, Stars and Medals 2026 Ceremony in conjunction with His Majesty's Official Birthday at Istana Negara June 1, 2026. — Bernama pic

Malaysia / 13 h ago

Chief Justice Wan Ahmad Farid heads King’s 2026 birthday honours list with ‘Tun’ award

Johor DAP chairman Teo Nie Ching said she appreciates Marina’s services and commitment throughout her time with the party. — Picture by Raymond Manuel

Malaysia / 15 h ago

Johor DAP accepts Marina Ibrahim’s decision not to defend Skudai seat, says Teo Nie Ching

Umno Supreme Council member Datuk Dr Mohd Puad Zarkashi has accused DAP of using government‑linked company (GLC) positions as political bargaining chips. — Picture by Yusof Mat Isa

Malaysia / 9 h ago

Puad Zarkashi demands DAP disclosure of GLC posts as Marina Ibrahim’s retirement sparks political uproar

Barisan Nasional (BN) chairman Datuk Seri Dr Ahmad Zahid Hamidi has called for mature politics, responsible leadership and practical solutions to address current challenges in an increasingly complex global environment. — Bernama pic

Malaysia / 9 h ago

BN at 52: Zahid Hamidi rallies coalition for unity, renewal and resilience ahead polls

The Tiger’s Nest Monastery in Bhutan. — AFP pic

Singapore / 13 h ago

Singaporean woman dies after falling ill during Tiger’s Nest hike in Bhutan

Money

15 h ago

Oil prices climb as US reportedly hardens stance in Iran peace talks

Brent North Sea crude, meanwhile, was trading around US$93.16 a barrel for August delivery, a rise of about 2.2 per cent from Friday’s close. — AFP pic

TOKYO, June 1 — Oil prices rose as markets reopened today following weekend reports that the United States had hardened its negotiating terms with Iran to end the Middle East war.US benchmark West Texas Intermediate gained 2.5 per cent to US$89.60 a barrel.Brent North Sea crude, meanwhile, was trading around US$93.16...

Full Story

Money / 18 h ago

Fuel price surge drives carpooling boom in India, says BlaBlaCar

Advanced Micro Devices (AMD) CEO ‌Lisa Su speaks at a forum in Taipei May 22, 2026. — Reuters pic

Money / 1d ago

In China, AMD CEO Lisa Su is understated while Nvidia’s Huang is more razzmatazz

Vehicles queue at a fuel station in Ratnapura, Sri Lanka, March 2, 2026, amid supply concerns following the US‑Israel conflict with Iran. — Reuters pic

Money / 1d ago

Sri Lanka raises fuel prices 48pc since February amid global energy crisis and IMF terms

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Bursa Malaysia will be closed on June 1 and 2 for the King’s Birthday and Wesak Day holidays, and will resume operations on June 3. — Picture by Yusof Mat Isa

1d ago

Bursa Malaysia seen range‑bound with downward bias next week amid holidays and West Asia tensions

The ringgit is forecast to trade within a narrow range of RM3.95 to RM3.97 against the US dollar next week as trading activity may be subdued during the holiday-shortened week. — Picture by Raymond Manuel

1d ago

Currency outlook: Ringgit likely subdued in holiday‑shortened week, traders await US jobs report

A Mexican Navy vessel patrols off Pemex’s Ciudad Madero refinery in Ciudad Madero, Mexico, May 28, 2025. — Reuters pic

1d ago

Global agencies warn summer fuel security at risk as Hormuz blockade drains oil inventories worldwide

SoftBank Group CEO Masayoshi Son speaks during the annual general shareholders’ meeting in Tokyo on June 27, 2025. — AFP pic

1d ago

Japanese tech giant SoftBank pledges RM347b AI infrastructure investment in Paris, largest ever in EU

At 6pm, the local currency rose to 3.9625/9670 against the greenback from yesterday’s close of 3.9770/9805. — Reuters pic

29 May 2026

Ringgit ends higher against US dollar on renewed risk appetite

In a Bursa Malaysia filing today, the electric utility company stated that the issuance, the first under the programme, comprised five tranches. — Picture by Saw Siow Feng

29 May 2026

TNB issues RM4b sustainability Sukuk Wakalah

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 1.86 points, or 0.11 per cent, to 1,683.07 from Thursday’s close of 1,684.93. — Picture by Yusof Mat Isa

29 May 2026

Bursa Malaysia ends lower as late selling hits blue chips

Head of National Weather Forecasting Centre (NWFC), Dr SD Kotal, and Secretary of the Ministry of Earth Sciences, Dr M Ravichandran, along with Director General of India Meteorological Department (IMD) Dr Mrutyunjay Mohapatra, during a press conference in New Delhi May 29, 2026. — Reuters pic

29 May 2026

India forecasts monsoon rains at 11-year low in 2026, threatening crops and growth

Big Caring Group Bhd, operator of Big Pharmacy and Caring Pharmacy chains, plans to list by October, Bloomberg reports. — Picture via Facebook/caring2u

29 May 2026

Pharmacy chain Big Caring’s RM3b IPO looms as Malaysia’s next healthcare bellwether

Tan Sri Vincent Tan is reportedly exploring a full exit from Prudential Assurance Malaysia Bhd. — Bernama pic

29 May 2026

Vincent Tan reportedly weighs sale of Prudential Malaysia stake

The dollar index traded at 99.045, flat on the day but down 0.3 per cent for the week, as reports of a 60-day US-Iran ceasefire extension reduced demand for safe-haven assets. — Reuters pic

29 May 2026

Dollar steadies but heads for weekly loss on reports of US-Iran ceasefire deal

Japan’s yen slid to 159.65 against the US dollar, approaching the April 30 level that triggered official intervention. Tokyo spent roughly US$63 billion in late April and early May to defend the currency. — Reuters pic

29 May 2026

Japan’s yen drifts back to intervention levels as markets test Tokyo’s resolve

The tech giant said it has already deployed more than 90 quantum systems — more than all rivals combined — and will use the new funding for research, facilities, and possible acquisitions. — Reuters pic

29 May 2026

IBM goes all-in on quantum: US$10b, a 2029 deadline, and a chip called Anderon

An electronic quotation board displays the Nikkei Stock Average on the Tokyo Stock Exchange along a street in Tokyo. Leading indices on stock exchanges in Tokyo, Seoul and Taipei surged by more than 2 per cent, while Sydney was up by 1 per cent. — AFP pic

29 May 2026

Market whiplash: Asia stocks surge, oil slides on fresh hopes for US-Iran ceasefire extension

An employee stands at the meat section of a supermarket in Lexington, Nebraska. Consumers in the US are facing mounting pressure from rising fuel costs and slowing income growth, according to newly released economic data. — AFP pic

29 May 2026

US growth revised down, inflation hits highest level since 2023

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Corporate News from Media OutReach Newswire

HKUST announced the appointment of internationally renowned physician-scientist Prof. LI King-Chuen as the Founding Dean of its School of Medicine. Prof. Nancy IP, President of HKUST (second left); Ms. Edith SHIH, Vice-Chairperson of the University Council and Chair of the Search Committee (second right); Prof. Li King-Chuen (center); Prof. Hong-Kam LO, Dean of Engineering (first right); and Prof. Yung-Hou WONG, Dean of Science (first left) met with the media.

2 h ago

HKUST Announces the Appointment of Prof. King Li as the Founding Dean of Medicine

At the center of VinDynamics’ showcases is Dyno, an intelligent humanoid robot designed to serve as a versatile assistant for modern living environments.

4 h ago

VinDynamics Debuts Its First Humanoid Robot At Two Of The World’s Leading Technology Events

Mr. Edwin R. Bautista, President and Chief Executive Officer of Philippine National Bank (third from left); Ms. Thuy Vu Dropsey, Chief Corporate Development & Strategic Finance Officer at Vingroup (third from right); and Mr. Dao Quy Phi, Managing Director of Green SM Southeast Asia (far right), together with representatives of the parties at the partnership signing ceremony between Green GSM and Philippine National Bank. Under the partnership, PNB provided a PHP 2 billion credit facility to support Green GSM's operational expansion and fleet growth in the Philippines. The facility supported Green GSM's fleet expansion and operating capacity in the Philippines.

6 h ago

Green GSM And PNB Signs Strategic Financial Partnership To Support The Expansion Of All-Electric Mobility In The Philippines

Focus Graphite Inc.

8 h ago

Focus Graphite Signs LOI for High-Performance Natural Graphite-Based RF Shielding Technology

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