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

Signature ABC at Lubiantan ABC in Cheras. –– Pictures by CK Lim

Eat-drink / 6 h ago

Why folks line up for the ABC, prawn mee and ‘nasi lemak ayam rendang’ at this ‘lubiantan’ in Cheras

Malaysia / 4 h ago

Toyota Hilux driver leads cops in 180km chase from Muar to KL, then gets away

The federal government’s position on oil and gas (O&G) resources off Sarawak’s shores remains grounded in the Petroleum Development Act 1974 (PDA), which grants Petronas full ownership and exclusive rights to all petroleum resources in Malaysia, both onshore and offshore. — Bernama pic

Malaysia / 19 h ago

Federal laws take precedence in Sarawak’s oil and gas dispute, experts assert (VIDEO)

Three people, including a pregnant woman, were killed while another pregnant woman sustained critical injuries after a Perodua Viva they were in skidded near a shopping mall in Putrajaya late last night. — Picture courtesy of the Fire and Rescue Department

Malaysia / 4 h ago

Pregnant woman among three killed in Putrajaya crash, another pregnant woman critically injured

File picture of the road where the incident happen. The 10-year-old girl, confirmed to be brain dead following a fall from her bicycle in an accident in Kuang last Thursday, died at 10am yesterday at Sungai Buloh Hospital. — Picture courtesy of the police

Malaysia / 5 h ago

Selangor police: 10-year-old girl in Kuang dies after bicycle fall, trousers caught in chain, hit-and-run ruled out

Rafizi expressed confidence that with clear explanations, more people would register with Padu to ensure they do not miss out on any government assistance. — Bernama pic

Malaysia / 19 h ago

Phase 2 of Padu registration to proceed after Cabinet nod, says Rafizi

A lorry driver fell into a micro-sleep while driving, causing an accident on the North-South Expressway (NSE) that killed a toddler and injured seven others in Muar. — Picture courtesy of the Fire and Rescue Department

Malaysia / 4 h ago

Three-year-old dies, seven injured in North-South Expressway crash as lorry driver’s micro-sleep causes collision with family’s car

Police said Sararat Rangsiwuthaporn, 36, an online gambling addict, funded her addiction by borrowing money from her victims — in one case as much as 300,000 baht — before killing them and stealing their jewellery and mobile phones. — Reuters pic

World / 18 h ago

Alleged Thai cyanide serial killer, one of the worst in kingdom’s history, sentenced to death for poisoning friend in first of 14 murder trials

Colon cancer is the third leading cause of cancer-related deaths in Malaysia. — Picture by Miera Zulyana

Life / 7 h ago

Silent killer: Colon cancer highly treatable, but third leading cause of cancer deaths

In Singapore, it is common for patrons to buy flower garlands for female hostesses and performers. — Picture by Sayuti Zainudin

Singapore / 19 h ago

In Singapore, jealous man jailed for ‘brutal’ assault on ex after flowers from admirer spark fury

Najib’s lead counsel Tan Sri Muhammad Shafee Abdullah is pictured at the Kuala Lumpur High Court Complex on October 30, 2024. — Picture by Yusof Mat Isa

Malaysia / 3 h ago

After Shafee complains about Najib’s SRC trial reports, NUJ says don’t blame the media

Gerakan Kuasa Rakyat Malaysia (G57) chairman Datuk Zulkarnain Mahdar had earlier suggested that Bung should step down to focus on his ongoing court case. — Picture by Hari Anggara

Malaysia / 18 h ago

I won’t step down as Sabah Umno chief, says Bung

A general view of the Kuala Lumpur city centre on January 10, 2023. —Picture by Firdaus Latif

Opinion / 5 h ago

Kuala Lumpur: A city under other people

Abang Johari said the BKK payment would be based on the basic salary for Nov 2024. — Bernama pic

Malaysia / 18 h ago

Sarawak civil servants to receive two months’ salary as financial assistance, says Abang Johari

People cross a street in the Omotesando shopping area in Tokyo on November 15, 2024. Japanese people are the least satisfied with their sex and romantic lives, closely followed by South Koreans, a global survey by a French research firm showed. — AFP pic

Life / 7 h ago

No sex or romance: Japan, South Korea trail global satisfaction rankings, Ipsos survey finds

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Money

1 m ago

GV Ride set to launch as Malaysia’s first EV e-hailing service in December

Starting pre-operations in September, GVR became the first local e-hailing platform to integrate electric vehicles (EVs) with plans to roll out 2,500 EVs in the Klang Valley beginning this December. –– Picture from Facebook/GV Ride

KUALA LUMPUR, Nov 21 –– The e-hailing landscape in Malaysia is set to evolve with the arrival of GV Ride (GVR), the first electric vehicle-focused platform under GV Car Ventures Sdn Bhd (GVV), championing sustainability and innovation.Starting pre-operations in September, GVR became the first local e-hailing platform to integrate electric...

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Money / 16 m ago

Lexus Asia Celebrates Celebrity Chef Alvin Leung's Protégé in The Maverick Academy

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Money / 36 m ago

OPPO Find X8 and Find X8 Pro Launches Globally with Ultra-Grade Hasselblad Cameras, Next-Gen Performance and ColorOS 15

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Money / 36 m ago

OPPO Elevates ColorOS 15 with Microsoft’s Advanced AI Productivity Features

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At 6pm, the local currency appreciated to 4.4685/4740 against the greenback, compared with Tuesday’s close of 4.4705/4750. — Picture by Yusof Mat Isa

19 h ago

Ringgit strengthens against US dollar, sustains upward momentum against regional currencies

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 4.16 points or 0.26 per cent to close at 1,598.18 from yesterday’s close of 1,602.34. — Picture by Zuraneeza Zulkifli

20 h ago

Bursa Malaysia slips below 1,600 as heavyweights push down index

Sony Group’s interest in Kadokawa, a media giant known for producing anime and publishing books including manga comics, was reported by the Nikkei daily and other media. — Reuters pic

22 h ago

Japan publisher Kadokawa shares roar on Sony buyout report

Visitors walk past restaurants in a popular tourist area next to the rail tracks in the Ueno district of central Tokyo on November 17, 2024. — AFP pic

22 h ago

Japan sets monthly record 3.31 million visitors in October

Russia’s wheat harvest will decline to 83 million tons this year due to frosts and drought, down from 92.8 million tons in 2023 and a record 104.2 million tons in 2022. — Reuters pic

23 h ago

World’s top wheat exporter Russia pivoting to other crops after heavy losses from extreme weather

The US dollar index – which measures the currency against six major peers – fell to a one-week low of 106.07 on November 20, 2024. — Reuters file pic

23 h ago

US dollar down to one-week low as ‘Trump trade’ momentum ebbs

The group, in a separate statement, said it recorded loss after tax of RM762 million for the quarter, which was ‘mainly driven by unrealised forex losses on the revaluation of payables at Pengerang Petrochemical Company Sdn Bhd (PPC) and the revaluation of a shareholders loan to PPC.’ — Picture from https://www.petronas.com/pcg/

23 h ago

Petronas Chemicals records RM789m loss in 3Q, unrealised forex loss of RM1.1b a major factor

Analysts warn that question marks remain over worker shortages and whether Japan can generate enough electricity for energy-hungry AI data centres. — Reuters file pic

1d ago

Japan ramps up tech ambitions with US$65b for AI, chips

The broader market was negative with decliners outpacing advancers 539 to 316, while 483 counters remained unchanged, 1,128 untraded, and 14 suspended. — Picture Ahmad Zamzahuri

1d ago

Bursa Malaysia remains in the red at midday

Howard Lutnick also previously lamented the loss of manufacturing jobs in the United States and offshoring to China. — AFP

1d ago

Trump names China hawk Howard Lutnick as US commerce secretary

Grifols lost around a quarter of its value on the day the report was published and has struggled since on the stock market. — Reuters pic

1d ago

Spain court opens probe into ‘misleading’ Gotham City US hedge fund that earned it over €9.4m from pharma’s share sales

Climate activists from the Glasgow Actions team project a message with an appeal for the taxation of the super-rich on a building during the G20 Summit in Rio de Janeiro, Brazil November 18, 2024. — Reuters pic

1d ago

Taxing the richest: What the G20 decided

The IMF’s latest World Economic Outlook forecasts global economic growth at 3.2 per cent for both 2024 and 2025, weaker than its more optimistic projections for Asia, which stand at 4.6 per cent for this year and 4.4 per cent for next year. — Reuters pic

1d ago

IMF: Retaliatory tariffs risk derailing Asia’s growth, disrupting trade chains

At 6pm, the local currency strengthened to 4.4705/4750 against the greenback, compared with Monday’s close of 4.4765/4820. — Picture By Choo Choy May

1d ago

Ringgit strengthens against US dollar on weaker greenback demand, rebounds from Monday’s loss

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 1.70 points to close at 1,602.34 from yesterday’s close of 1,604.04. — Picture by Hari Anggara

1d ago

Bursa Malaysia erases early gains to end mixed, as property, construction, healthcare stocks attract buying interest

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Opinion

Praba Ganesan

5 h ago

Kuala Lumpur: A city under other people

Alwyn Lau

1d ago

PTPTN non-repayment: Two possible solutions moving forward

Erna Mahyuni

1d ago

Of lumpy breasts and the looming threat of ‘cancer, maybe?’

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