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

While many have welcomed the proposal as a way to prevent elderly parents from becoming homeless or being abandoned at hospitals, experts have warned that such legislation could also place additional strain on family relationships, particularly amid current economic challenges. — Pexels pic

Malaysia / 16 h ago

Explainer: What Malaysia’s proposed filial law could mean for families

Kepong MP Lim Lip Eng said Putrajaya must clearly disclose who would be affected by the subsidy rationalisation plan, how income would be assessed, and whether factors such as living costs, dependants, loans, and commuting needs would be taken into account. — Picture by Azneal Ishak

Malaysia / 14 h ago

‘Don’t turn middle class into govt’s ATM’, Kepong MP tells Putrajaya over RON95 subsidy reform

Initial investigations found that the incident happened while the 31-year-old victim was taking part in a religious ceremony at the temple with his friends. — Picture by Ahmad Zamzahuri

Malaysia / 14 h ago

Temple terror: Man held after sword attack during Cameron Highlands ceremony

Puchong MP Yeo Bee Yin said the T15 and T20 groups are also key drivers of domestic private consumption, and higher fuel costs could dampen demand in retail, hospitality and services sectors. — Picture by Yusof Isa

Malaysia / 12 h ago

Yeo Bee Yin warns RON95 subsidy cut for T20 could fuel inflation and hurt economy

Iskandar Puteri district police headquarters said investigations are being carried out under Section 5(2) of the Moneylenders Act 1951 and Section 435 of the Penal Code. — Picture via Facebook

Malaysia / 14 h ago

Four Bukit Indah homes hit in suspected Molotov cocktail attacks linked to Singapore Ah Long syndicate

Eileen Wang, 58, the mayor of Arcadia, a city just north of Los Angeles with a population of about 50,000, has agreed to plead guilty to the felony charge, the department said in a statement. — Picture via Arcadia website

World / 13 h ago

California mayor charged with acting as Chinese agent

Newly elected chief minister of India’s Tamil Nadu state, C. Joseph Vijay speaks after taking the oath during his swearing-in ceremony in Chennai on May 10, 2026. Vijay was sworn in as the state’s chief minister on Sunday, making him the first movie star to rule the southern Indian state in a decade. — AFP pic

Malaysia / 12 h ago

Anwar congratulates ‘friend’ Vijay after Indian actor takes helm as Tamil Nadu chief minister

On Iran, the former casino owner is learning that he, in fact, doesn’t have such a strong hand after all. — AFP pic

World / 14 h ago

So much for a royal flush: Frustrated Trump learns he doesn’t have the cards on Iran

Breakfast means ‘kopi’ and noodles at Restoran Meng Shiang — Picture by CK Lim

Eat-drink / 14 h ago

Rise with the ‘sun noodles’ at Restoran Meng Shiang in Yulek, Cheras

An undated illustrative image shows detainees in handcuffs. — Picture by Raymond Manuel

Malaysia / 7 h ago

Retired lady cop flees hit-and-run, tests positive for drugs after 50km chase from Negeri to Melaka

He said the missiles were intended for the LCS fleet as well as naval vessels KD Jebat and KD Lekiu. — Bernama file pic

Malaysia / 9 h ago

Malaysia seeks answers after Norway halts naval missile delivery despite eight-year deal

Minister in the Prime Minister’s Department (Federal Territories) Hannah Yeoh speaks to the media during a press conference at City Hall regarding the flood mitigation project in Kuala Lumpur on May 12, 2026. — Picture by Raymond Manuel

Malaysia / 10 h ago

Hannah Yeoh: KL’s flood retention pond now 70pc smaller as land lost to developers

Muhammad Hazim Muhammad, 19, nodded after the charge was read out before Magistrate Rais Imran Hamid. However, no plea was recorded as the case falls under the jurisdiction of the High Court. — Bernama pic

Malaysia / 11 h ago

Teenager charged with murder of college student found with 61 stab wounds in Kelantan

Vehicles travel through heavy rain in Shah Alam on June 21, 2023. — Picture by Sayuti Zainudin

Malaysia / 5 h ago

Thunderstorms forecast for KL, Selangor, and majority of states until 7pm

Inspector-General of Police (IGP) Datuk Seri Mohd Khalid Ismail during the launch of PDRM Special Dialogue V 2026 at KLGCC Convention Centre, Kuala Lumpur on May 12, 2026. — Picture by Firdaus Latif

Malaysia / 11 h ago

Police still probing alleged Langkawi drug network linked to cop known as ‘Mr A’, says IGP

Money

3 h ago

eBay rejects GameStop’s US$56b takeover bid, calls offer not credible

eBay said today that it had rebuffed a takeover offer from video game retailer GameStop that valued the company at US$56 billion (RM173 billion). — AFP pic

PARIS, May 12 — Online marketplace eBay said today that it had rebuffed a takeover offer from video game retailer GameStop that valued the company at US$56 billion (RM173 billion), calling the unsolicited proposal “neither credible nor attractive”.“eBay’s board is confident that the company, under its current management team, is...

Full Story

The ringgit closed higher against most major currencies, but eased versus the greenback amid expectations that firmer United States inflation could reinforce the US Federal Reserve’s restrictive monetary policy stance, thereby supporting demand for the US dollar. — Picture by Firdaus Latif

Money / 4 h ago

Ringgit ends higher against major currencies but weaker versus US dollar

Bursa Malaysia rebounded to close higher today amid selective bargain-hunting in blue-chip stocks after closing lower in the last two trading sessions, analysts said. — Picture by Hari Anggara

Money / 5 h ago

Bursa Malaysia closes higher on selective buying in blue chips

Petrol and diesel spot prices have surged to multi-year highs globally as the Middle East conflict disrupted supply, but governments in several major economies have held down pump prices to shield consumers from inflation. — Reuters file pic

Money / 5 h ago

Unrelenting gas prices: India debates strategy as global conflicts hit supply

More News

South Korea was no longer operating as a traditional export economy and could be shifting towards a “technology monopoly economy” driven by scarcity of chips and sustained excess profits, Kim Yong-beom, senior presidential secretary for policy, said in a Facebook post late yesterday. — AFP pic

7 h ago

South Korea floats AI profit social tax as tech giants boom

Calbee potato chips on display at a confectionery speciality store in Tokyo, Japan, May 12, 2026. — Reuters pic

8 h ago

Unlikely Iran conflict casualty: Snackmaker Calbee's packaging now monochrome to conserve ink

China has dramatically scaled back its reliance on US farm goods since Trump’s first term, sourcing roughly 20 per cent of its soybeans from the US in 2024, the year before he returned to office, down from 41 per cent in 2016. — Reuters file pic

11 h ago

Xi-Trump summit may yield farm deal, but China has limited soybean appetite

At 8am, the local unit inched up to 3.9200/9300 against the greenback, compared with yesterday’s close of 3.9220/9260. — Reuters pic

14 h ago

Ringgit opens at 3.9200 against US dollar, higher against most major currencies

Microsoft CEO Satya Nadella said today he was “very proud” of his company’s profitable early investment in OpenAI. — Getty Images via AFP pic

14 h ago

Microsoft boss ‘proud’ of profit-making OpenAI investment

Ancom Nylex Bhd said the project involves the development of a medium-capacity rail system under a PPP model.

1d ago

Ancom Nylex's unit gets govt nod for Iskandar Malaysia PPP rail project

The Retirement Fund (Incorporated) (KWAP) has appointed Datuk Jay Khairil Jeremy Abdullah as its new chief executive officer (CEO), effective May 20, 2026. — Picture via Facebook/KWAP Malaysia

1d ago

KWAP appoints Datuk Jay Khairil Jeremy Abdullah as CEO effective May 20

An elderly woman selects vegetables at a supermarket in Beijing on May 11, 2026. China’s consumer prices ticked up in April as the cost of crude oil rose globally due to the Iran war, official data showed today. — AFP pic

1d ago

Oil‑driven inflation lifts China consumer prices but deflation risks persist amid weak demand

This photograph shows the prices per litre of petrol and diesel fuels at a Tamoil petrol station next to gasoline and fuel tanks in Geneva on May 8, 2026. — AFP pic

1d ago

Oil soars as Trump shoots down Iran’s terms and Hormuz disruption fears deepen

Senior Chinese and US officials will hold talks in South Korea in the coming days, Beijing’s commerce ministry and Washington’s treasury secretary said yesterday, ahead of an expected summit between leaders Xi Jinping and Donald Trump. — Reuters pic

1d ago

China, US to hold trade talks in Seoul ahead of Trump–Xi summit in Beijing

1d ago

India shields consumers from fuel hikes as Modi calls for reduced petrol and diesel use amid Middle East supply strain

Bursa Malaysia opened firmer today, driven by buying interest in selected heavyweight counters following the market’s retreat after a five-session rally last week. — Picture by Yusof Mat Isa

1d ago

Bursa Malaysia opens higher on buying interest in heavyweights after last week’s pullback

At 8am, the local unit rose to 3.9170/9230 against the greenback, compared with Friday’s close of 3.9185/9230. — Picture by Choo Choy May

1d ago

Ringgit edges higher as traders watch Middle East tensions, Malaysia GDP data

An aerial view shows cattle walking on a tract of the Amazon rainforest that has been cleared by loggers and farmers near the Virola-Jatoba Sustainable Development Project (PDS) in Anapu, Para state, Brazil, September 5, 2019. — Reuters pic

2d ago

How China's evolving consumer habits may protect the Amazon rainforest

The employment data points to challenges in the key labour market as companies took a cautious approach in hiring and investment while grappling with Trump’s sweeping—and rapidly changing—tariffs this year. — Reuters pic

2d ago

US employment boom? Maybe, maybe not — A look under the jobs report’s hood

MORE

Opinion

Alwyn Lau

2d ago

The nightmare of forgetting your MyDigital ID password

Praba Ganesan

07 May 2026

Umno’s chance to embrace the whole of Malaysia is here

Erna Mahyuni

06 May 2026

Post-cancer Journals: My first interesting hours in Taipei

Trending in Money

Corporate News from Media OutReach Newswire

logo111 (2).png

2 h ago

G2E Asia + Asian IR Expo 2026 Opens Today: Industry Leaders Gather in Macau to Unlock Digital Innovation for Gaming, Entertainment and Integrated Resorts

HKSTP joined Medical Fair and Asia Summit on Global Health with 38 Park companies, comprehensively demonstrating the diverse strengths of Hong Kong's life and health technology sector as it progresses from R&D to commercial application.

5 h ago

HKSTP Joins Medical Fair and Asia Summit on Global Health with 38 Park Companies

Ant International publishes its 2025 Sustainability Report, with a continued focus on its 6Ts Sustainability Framework (Travel, Trade, Thrive, Tech, Talent, Trust)

5 h ago

Ant International Highlights Democratising AI and Strengthening Trust in 2025 Sustainability Report

5 h ago

Behind Every Great Cup: ANGEL Presents Professional Coffee Water Solutions at World of Coffee Bangkok 2026

MORE