Newsfeed – Business News
Ringgit closes higher vs US dollar ahead of BNM OPR decision
KUALA LUMPUR, Nov 4 — The ringgit edged up against the US dollar and other Asean currencies at today’s closing ahead of Bank Negara Malaysia’s (BNM) Overnight Policy Rate (OPR) […]
Technology Depository Agency achieves 100pc certification success, strengthens local maritime industry
65 maritime workers certified, and 10 local companies recognised under the RM245.468 million Kuala Kedah RoRo Terminal project KUALA KEDAH, Nov 4 — Technology Depository Agency Berhad (TDA), through the […]
Bursa Malaysia closes lower on profit-taking in banks, telcos
KUALA LUMPUR, Nov 4 — Bursa Malaysia closed lower today amid profit-taking in selected banking and telecommunications heavyweights, despite improved market breadth driven by renewed buying interest in small-cap technology […]
Bursa Malaysia retreats after higher opening as cautious sentiment weighs on regional markets
KUALA LUMPUR, Nov 4 — Bursa Malaysia’s key index opened higher but retreated thereafter, tracking cautious sentiment across regional markets amid mixed overnight cues from Wall Street. At 9.10 […]
Malaysians will keep spending, but pricier groceries and loan bills could sting
KUALA LUMPUR, Nov 4 — Malaysians are expected to keep spending steadily over the next two years, but rising food and fuel prices and heavy household debt could take the […]
Ringgit edges higher as investors await US midterm election results and BNM rate decision
KUALA LUMPUR, Nov 4 — The ringgit opened marginally higher against the greenback on Wednesday as investors remain cautious ahead of results from the United States (US) midterm elections […]
Bursa Malaysia ends slightly higher on banking support
KUALA LUMPUR, Nov 3 — Bursa Malaysia’s key index finished marginally higher, supported by selective buying in banking heavyweights, although the broader market remained subdued amid continued selling in technology stocks. […]
Ringgit edges lower as investors pull back from AI-related trades
KUALA LUMPUR, Nov 3 — The ringgit eased against the US dollar today amid a pullback in global artificial intelligence (AI)-related trading and investments. At 6pm, the local note slipped to 4.0735/0775 against the […]
Asian stocks slide as AI spending fears deepen, oil rebounds on Iran strike report
HONG KONG, Nov 3 — Asian stock markets struggled Tuesday following another AI-fuelled tech selloff on Wall Street that overshadowed a possible breakthrough in talks to end the Middle East […]
Nvidia tells data centre partners to curb business with Chinese clients, FT reports
SAN FRANCISCO, Nov 3 — US chipmaking giant Nvidia is ordering its data centre partners to scale back work with Chinese customers, the Financial Times reported on Tuesday. Nvidia’s cloud […]