News
Wholesale And Retail Trade Sales Rise 11% In May To RM171 Billion
1+ hour, 39+ min ago (666+ words) The wholesale and retail trade sector maintained its growth momentum in May 2026, with total sales increasing 11. 0% year-on-year to RM171. 3 billion, supported by robust wholesale activity and resilient consumer spending during the festive and holiday period. According to the Department of Statistics…...
US Dollar Hits One-Week High As Iran Tensions Lift Safe-Haven Demand
2+ day, 3+ hour ago (421+ words) The US dollar held near its strongest level in a week against major currencies on Wednesday as renewed US strikes on Iran heightened geopolitical concerns and pushed oil prices higher. The dollar index, which tracks the greenback against a basket…...
Malaysia Firms Secure RM58 Million In South Korea Market Immersion Drive
3+ day, 2+ hour ago (363+ words) Five Malaysian technology-focused companies generated more than RM58 million in potential sales during a three-day Market Immersion Programme to South Korea, underscoring growing demand for the country's high-value, innovation-driven solutions in one of Asia's most advanced economies. The mission was carried…...
JS-SEZ Master Plan Aligned To Launch During Leaders Retreat In Q4
5+ day, 20+ hour ago (185+ words) The Johor-Singapore Special Economic Zone (JS-SEZ) master plan is set to be strategically launched in the fourth quarter of 2026 during a Leaders" Retreat between Malaysia and Singapore, as both governments move to formalise high-level coordination on the cross-border economic project....
No Pressure For Fed To Adjust Monetary Policy Despite Slowdown In Job Creation
1+ week, 3+ hour ago (270+ words) The U. S. economy saw job creation cool sharply heading into the summer, the Bureau of Labor Statistics reported Thursday. Non-farm payroll for June increased by a seasonally adjusted 57, 000 for the month, slower than the downwardly revised 129, 000 added in May and worse…...
Asian Stocks Firm As Weak US Jobs Data Eases Fed Rate Hike Fears
1+ week, 2+ hour ago (517+ words) Asian equity markets found their footing on Friday, rebounding after two days of declines as softer US labour data and improving regional activity indicators helped lift investor sentiment. MSCI's broadest index of Asia-Pacific shares outside Japan rose 1. 3% after a shaky…...
Cooling US Jobs Data Gives Stocks And Fed Breathing Space As Rate Hike Fears Ease
1+ week, 1+ hour ago (305+ words) Cooling US jobs data and shifting analyst sentiment on Federal Reserve policy have given markets some breathing room, with investors seeing reduced pressure for a near-term rate hike and a more supportive backdrop for equities, according to market strategists and…...
Dollar Hits 13-Month High As Markets Price In Fed Hike As Soon As October
2+ week, 1+ day ago (379+ words) The US dollar's rally reflects expectations of cyclical and structural US economic outperformance, driven by strong productivity growth that may be partly AI-led and supportive of higher earnings and dollar-positive capital inflows, analysts at Standard Chartered led by Steve Englander…...
Energy Disruption Starting To Impact US' Broader Factory Output
3+ week, 3+ day ago (270+ words) Energy Disruption Starting To Impact US" Broader Factory Output Business Today Malaysia Energy Disruption Starting To Impact US" Broader Factory Output US manufacturing production stalled in May after four months of gains, suggesting problems with supply chains disrupted by the…...
US Consumer Sentiment Rebounds From Record Low As Petrol Prices Ease
3+ week, 6+ day ago (396+ words) US consumer sentiment improved in early June, rebounding from a record low as falling petrol prices and a resilient labour market provided households with some relief despite lingering concerns over inflation and the Middle East conflict. According to Reuters, the…...