Malaysia · Business
Same event, multiple sources, transparently cited.
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HSBC Reaffirms Commitment to $4 Billion Private Credit Plan Despite Slow Progress
HSBC reiterated its commitment to a $4 billion private credit investment plan, denying reports it has paused the program amid recent market losses.
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Over 12,000 London offices face obsolescence under new energy rules by early 2030s
Most offices in Westminster and the City of London risk failing new energy standards from early 2030s, threatening widespread obsolescence.
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Selangor submits investigation report on Putra Heights gas pipeline explosion to federal government
Selangor state government sent the independent committee's report on the Putra Heights gas pipeline explosion to the federal government in May 2026.
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Malaysia's Prime Minister launches Paduri Madani scheme to boost B40 women entrepreneurs
Prime Minister Anwar Ibrahim launched the Paduri Madani Scheme to support 29,000 women entrepreneurs from Malaysia’s B40 income group.
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Sarawak aims to serve 700 million ASEAN residents with new Tanjung Embang deep-sea port
Sarawak plans to expand port capacity and digital trade to tap into a 700 million-strong ASEAN market.
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Malaysia requires certificate for seabass imports, restricts five shrimp species from Thailand
Malaysia will require certificates for seabass from Thailand and impose shrimp import restrictions starting June 1, 2026.
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Malaysia announces 12 initiatives to empower teachers on 55th National Teachers' Day
Malaysia’s Ministry of Education unveiled 12 initiatives on May 16 to support teachers, including free certification courses and upgraded facilities.
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SpaceX shareholders approve 5-for-1 stock split ahead of planned IPO
SpaceX will split its stock 5-for-1 starting May 18 to lower share price ahead of a planned initial public offering around mid-June 2026.
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Malaysia launches RM5 million aviation support package amid geopolitical tensions
Malaysia's Ministry of Transport announced financial aid and fee deferments to stabilize the aviation sector and support domestic air travel.
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Johor BN to contest all 56 state seats; Rafizi, Nik Nazmi quit PKR for new party
Johor Barisan Nasional will contest all 56 state seats, while Rafizi Ramli and Nik Nazmi resign from PKR to join Parti Bersama Malaysia.
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Ocean Dream, Largest Blue-Green Diamond, Sells for $17 Million at Christie's
The 5.5-carat Ocean Dream diamond sold for a record $17 million at Christie's Geneva auction on May 13, 2026.
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Kijal assemblyman Razali Idris withdraws appeal over seditious statement conviction
Kijal assemblyman Datuk Razali Idris withdrew his appeal against a conviction and RM2,000 fine for making seditious remarks during a 2023 speech.
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Bukit Aman arrests 191 in Pulau Langkawi drug syndicate crackdown
Bukit Aman Narcotics Crime Investigation Department arrested 191 suspects in a drug syndicate bust following 231 raids in Langkawi and Klang Valley.
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Malaysian support vessel Sapura 1200 transits Strait of Hormuz under Iranian clearance
Sapura 1200 became the fourth Malaysia-linked ship to pass through the Strait of Hormuz since the US-Iran war erupted in February 2026.
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Japan's largest banks post record profits for fiscal 2026, forecast further growth
Japan's three biggest banking groups reported record profits for fiscal 2026 and forecast continued growth for 2027.
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Robotics stocks surge across Asia as physical AI gains investor interest
Asian robotics shares climbed sharply, led by LG Electronics' 55% rise amid AI and automation developments.
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Malaysia launches Global Supply Crisis Monitoring Dashboard with real-time data
Malaysia's Economy Ministry and Department of Statistics launched a public dashboard today to track global supply crisis developments.
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Federal Territories Minister seeks MACC briefing on loss of Kuala Lumpur flood ponds
Minister Hannah Yeoh arranged a briefing with MACC this week on the reduction of flood retention ponds in Kuala Lumpur following a 2021 report she filed.
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Fire damages UPS backup battery room at Bank Negara Malaysia with no injuries
A fire broke out at Bank Negara Malaysia's Sasana Kijang UPS battery room in Kuala Lumpur on May 15, causing damage but no casualties.
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Japanese yen weakens to 158.47 per dollar despite $63 billion government intervention
The Japanese yen fell about 1% this week to near 158.47 per US dollar despite roughly 10 trillion yen in market interventions during late April and early May.
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Wall Street Opens Higher on Nvidia Gains Amid US-China Summit in Beijing
Wall Street indices rose at the open May 14, 2026, led by Nvidia shares as investors watched the US-China summit in Beijing.
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H&M shifts Southeast Asia HQ from Singapore to Kuala Lumpur, cutting 78 jobs
H&M announced it will relocate its Southeast Asia regional headquarters from Singapore to Kuala Lumpur and cut 30% of support staff, mostly in Singapore.
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MACC finds no corruption in KL flood retention pond land conversion but urges DBKL to tighten monitoring
The Malaysian Anti-Corruption Commission found no corruption in Kuala Lumpur flood pond land conversion and called on DBKL to improve oversight.
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UAE fast-tracks new oil pipeline to double Fujairah export capacity by 2027
The UAE is accelerating construction of a second pipeline to bypass the Strait of Hormuz and double oil exports via Fujairah by 2027.