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

Global pension expert William Price proposed that Malaysia raise its retirement age to 65 to match the improved life expectancies here, noting that some countries were forced to raise their retirement ages very rapidly during a crisis. — Picture by Sayuti Zainudin

Malaysia / 10 h ago

How Malaysia can raise its retirement age from 60 to 65: Experts explain the math and more

Raeven Goh is brought to the Kuala Lumpur Magistrate’s Court on Oct 15, 2026. — Bernama pic

Malaysia / 6 h ago

Fatal Jalan Kuching pile-up: 24-year-old BYD driver claims trial to causing child’s death

Haze envelops the capital city as several skyscrapers are barely visible from the Merdeka 118 Tower in Kuala Lumpur on October 14, 2026. — Bernama pic

Malaysia / 7 h ago

Choking haze sweeps Malaysia: 34 stations unhealthy, zero stations record good air

Irene Sofiya Mohd Khairoul Faisal, 16, who was found dead in a Yong Peng, Johor school on October 3, 2026 and suspected to have been murdered. — Facebook pic

Malaysia / 6 h ago

Johor student charged with the murder of Form Four classmate Irene Sofiya

A still shows a BYD Seal slamming into the rear of Perodua Bezza on Jalan Kuching in Kuala Lumpur. — Screengrab via video of said incident on social media

Malaysia / 7 h ago

BYD Seal driver hauled to court over six-vehicle Jalan Kuching crash that killed toddler

Vessels transit the Strait of Hormuz off Bandar Abbas in southern Iran on August 10, 2026. — AFP file pic

Singapore / 8 h ago

Two Singapore-registered ships hit by projectiles in Strait of Hormuz, one sinks

Kao Mongkhol in Bandar Menjalara is better known for Teochew-influenced Thai braised pork and duck rice, but the ‘khao soi’ is the real gem. — Picture by Ethan Lau

Eat-drink / 8 h ago

‘Khao soi’ in Kepong: Newcomer Kao Mongkhol cooks up a Chiang Mai classic

A general view shows the exterior of a Tenaga Nasional Berhad power station in Bangi on November 3, 2020. — Picture by Shafwan Zaidon

Malaysia / 6 h ago

TNB: Malaysia needs massive power generation investment now

A screenshot shared by Sarawak clinic manager Wan Muhammad Fairus shows a staggering RM1 billion bank adjustment credited to his account on October 14, 2026, which the bank later attributed to a technical glitch. — Picture via social media

Malaysia / 2 h ago

Sarawak man finds RM1b in bank account, asks ChatGPT to count the zeros — only to discover it’s a glitch

Proposed amendments to federal road transport laws could empower courts to seize the assets of drivers convicted of fatal crashes if they fail to pay court-ordered compensation to victims’ families, Transport Minister Anthony Loke told Parliament today. — Bernama pic

Malaysia / 2 h ago

Fatal crash drivers could face asset seizure if compensation to victims unpaid, says Loke

Fourteen individuals, including two teenagers, were charged at the Magistrate’s Court here in Gurun with the murder of a 19-year-old youth. — Bernama pic

Malaysia / 2 h ago

Teenagers among 14 charged in Gurun murder, victim allegedly tortured before body found near golf club

Minister in the Prime Minister's Department (Religious Affairs) Dr Zulkifli Hasan speaks to reporters after attending the Majlis Ilmu MADANI at the Seri Perdana Complex in Putrajaya on October 12, 2026. — Bernama pic

Malaysia / 8 h ago

Religious minister urges joint Muslim prayers as ‘weapon’ against haze

Communications Minister Datuk Seri Fahmi Fadzil speaks during an interview at Wisma Bernama in Kuala Lumpur on October 14, 2026. — Bernama pic

Malaysia / 8 h ago

Fahmi: Pakatan 95pc done with Melaka candidate talks

Motorcyclists ride in the morning in Palangkaraya, Central Kalimantan on October 14, 2026, amid thick haze from forest and land fires in the region. — AFP pic

Malaysia / 2 h ago

Lim Guan Eng urges Malaysia to sue Indonesia over haze if Jakarta rejects Asean firefighting task force

Prime Minister Datuk Seri Anwar Ibrahim shares a light-hearted moment with traditional dancers after seeing off Egyptian President Abdel Fattah El-Sisi, who concluded his two-day state visit to Malaysia, at the Bunga Raya Complex, Kuala Lumpur International Airport (KLIA) in Sepang on October 10, 2026. — Bernama pic

Opinion / 7 h ago

Anwar Ibrahim’s incumbency advantage

Money

2 h ago

IMF warns Saudi Arabia and Gulf economies may take years to recover from war, Saudi economy projected to shrink 3.3pc

The IMF on Tuesday released projections showing that the Middle East and Central Asia region—directly exposed to the Iran war—is expected to contract 0.3 per cent in 2026. — AFP pic

BANGKOK, Oct 15 — The International Monetary Fund expects energy-rich Middle Eastern economies to bounce back, but not in the medium term, the organisation’s regional chief said today, as fighting continued between Saudi Arabia and Yemen’s Houthis.The statement comes as the IMF projects a widespread contraction in Gulf economies following...

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The Raja Muda of Selangor, Tengku Amir Shah Sultan Sharafuddin Idris Shah (centre), executes the launch gimmick at the opening ceremony of the Selangor International Business Summit (SIBS) 2026 at the Kuala Lumpur Convention Centre (KLCC) on October 14, 2026. Selangor Menteri Besar Datuk Seri Amirudin Shari (2nd left) is also present. — Bernama pic

21 h ago

Selangor International Business Summit: State attracts over RM3b in potential investment from four foreign investors

Diesel supply disruptions in the Gulf stemming from the US war against Iran will keep the market tight into 2027, the International Energy Agency said today, as it will take time to rebuild depleted stocks. — AFP pic

21 h ago

Diesel supplies to remain ‘tight’ into 2027 amid Iran war fallout, says IEA

The ringgit closed higher against the greenback today as investors’ risk appetite improved ahead of US inflation data, with sentiment supported by the Budget 2027 announcement last week. — Picture by Miera Zulyana

22 h ago

Ringgit closes higher against US dollar on improved risk appetite, Budget 2027 boost

Bursa Malaysia’s index extended its winning streak to four consecutive days, ending higher today, as bargain hunting continued in banking heavyweights, with the market remaining largely in positive territory throughout the trading session. — Picture by Razak Ghazali

22 h ago

Bursa Malaysia extends winning streak to four days as bargain hunting continues

Members of the press take pictures with the electronic screen showing the closing number of South Korea’s benchmark stock index (Kospi) in a dealing room at the Hana Bank headquarters in Seoul October 13, 2026. — AFP pic

23 h ago

Asian stocks mostly down as tech firms struggle to claw back losses

Bank Negara Malaysia and the Securities Commission Malaysia have warned the public against deepfake videos impersonating their senior officers to promote private investment schemes and financial products. — Picture by Yusof Mat Isa

1d ago

BNM, Securities Commission caution public over deepfake investment scams using senior officers’ identities

IMF Managing Director Kristalina Georgieva gestures during the Managing Director briefing on the Global Policy Agenda during the 2026 IMF-World Bank Group Annual Meetings at the Queen Sirikit National Convention Center (QSNCC) in Bangkok October 14, 2026. — AFP pic

1d ago

IMF chief: Saudi attacks could have negative spillover ‘everywhere’, warns global resilience ‘reaching its limits’

IMF Managing Director Kristalina Georgieva gestures during the Managing Director briefing on the Global Policy Agenda during the 2026 IMF-World Bank Group Annual Meetings at the Queen Sirikit National Convention Center (QSNCC) in Bangkok October 14, 2026. — AFP pic

1d ago

China spend, US save, Europe invest: IMF chief calls for ‘urgent repairs’ to fiscal house as debt pressures grow

Chinese-made cars are seen in specialised vehicle racks in preparation for loading onto ships for export, at the Taicang Port area of Suzhou Port, in China’s eastern Jiangsu province October 12, 2026. — CN-STR/AFP pic

1d ago

China trade surplus hits US$133.5b as US, EU exports surge, putting record year in reach

Petrol and diesel pumps at a BP station in Cranbrook, south-east England, on October 13, 2026. — AFP pic

1d ago

British energy giant BP cuts debt as higher oil prices boost finances

At 9.10am, the FTSE Bursa Malaysia KLCI (FBM KLCI) gained 4.50 points, or 0.27 per cent, to 1,627.85 from yesterday’s close of 1,623.35. The index opened 0.59 points firmer at 1,623.94. — Picture by Yusof Mat Isa

1d ago

Bursa Malaysia opens higher as bargain hunting lifts blue chips

At 8am, the ringgit rose to 4.0830/0880 against the greenback from yesterday’s close of 4.0835/0880. — Picture by Yusof Mat Isa

1d ago

Ringgit opens slightly higher against US dollar as Fed rate outlook softens

Goldman Sachs reported a 33 per cent rise in third-quarter profit to US$5.1 billion, beating analyst estimates despite slower trading activity compared with the previous quarter. — Reuters pic

1d ago

Goldman Sachs profit rises as Wall Street dealmaking and equities rebound

A car drives past city skyscrapers at the business hub in Riyadh. The IMF expects Saudi Arabia’s economy to shrink by 3.3 per cent this year as the Middle East war, Iran’s blockade of the Strait of Hormuz and deadly Houthi attacks disrupt oil exports and transport. — AFP pic

1d ago

Saudi Arabia faces economic contraction as war woes mount

(From left) IMF Communications Officer Jose Luis De Haro, IMF Chief Economist Silvana Tenreyro, IMF Research Department Deputy Director Petya Koeva Brooks and IMF Research Department Division Chief Deniz Igan attend the World Economic Outlook press briefing in Bangkok on October 13, 2026. — AFP pic

1d ago

IMF warns AI market correction, cyber threats could shake global financial system

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