10d ago
KUALA LUMPUR, June 8 (Bernama) -- Asia-Pacific (APAC) thermal coal demand hit a significant near-term surge, with an additional 150 million tonnes (Mt) of cumulative consumption projected through 2030, with roughly half expected to land in 2026 amid the ongoing West Asia conflict, according to Rystad Energy.
10d ago
KUALA LUMPUR, June 8 (Bernama) -- Overall credit strength across South and Southeast Asia will remain stable over the next 12-18 months, although US dollar strength would weigh on the credit quality for a subset of rated companies with structural currency mismatches, according to Moody’s Ratings.
10d ago
KUALA LUMPUR, June 8 (Bernama) -- Global cloud- and carrier-neutral data centre platform Digital Realty has announced its establishment in Malaysia and plans to develop and scale approximately 32 megawatts (MW) of data centre capacity to support the country’s growing digital infrastructure needs.
10d ago
KUALA LUMPUR, June 8 (Bernama) -- Bursa Malaysia finished the morning session in negative territory, mirroring regional peers that tumbled amid fresh strikes in West Asia and concerns over technology stocks.
10d ago
KUALA LUMPUR, June 8 (Bernama) -- Bursa Malaysia opened weaker on Monday, tracking regional markets as sentiment remained cautious amid a fragile global economic environment.
11d ago
KUALA LUMPUR, June 7 (Bernama) -- Airlines’ total net profit in 2026 is expected to be US$23 billion (US$1 = RM4.02), about half the previous projection of US$41 billion, as a result of war-related disruptions in West Asia and high fuel prices, the International Air Transport Association (IATA) said.
12d ago
KUALA LUMPUR, June 6 (Bernama) -- The rubber market is expected to trade sideways with a slight downward bias next week amid ongoing global uncertainties, particularly developments in West Asia and weather conditions in some major rubber-producing regions.
13d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, June 5 (Bernama) -- The ringgit ended lower against the US dollar on Friday amid cautious sentiment over lingering geopolitical uncertainty in West Asia and rising fuel prices.
13d ago
KUALA LUMPUR, June 5 (Bernama) -- The Malaysia Convention and Exhibition Bureau (MyCEB), with the support of Tourism Malaysia Almaty and the Embassy of Malaysia in Uzbekistan, successfully organised its first MyCEB Sales Call Programme and the Malaysia Business Events Seminars in Almaty, Kazakhstan on June 2 and in Tashkent, Uzbekistan on June 4.
13d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, June 5 (Bernama) -- The ringgit traded easier against the US dollar on Friday morning but strengthened against other major currencies amid a cautious currency market, as authorities across Asia issued statements reaffirming their commitment to stabilise their respective currencies.
14d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, June 4 (Bernama) -- The Kuala Lumpur rubber market ended lower on Thursday, in tandem with the downtrend in regional rubber futures prices and losses in crude oil prices amid concerns about the economic impact from the prolonged West Asia conflict, a dealer said.
14d ago
KUALA LUMPUR, June 4 (Bernama) -- ConocoPhillips Sabah Gas Ltd, operator of the Kebabangan (KBB) gas field off the cost of Sabah, has taken final investment decision (FID) on May 21, 2026 for Phase 2 of the KBB gas field development.