Newsfeed – Business News
Abang Johari says Sarawak semiconductor chips enter Chinese electricity meter market
KUCHING, Oct 5 — Sarawak semiconductor chips have now entered the Chinese market for use in electricity meters, said Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg. He said […]
Zetrix AI shares fall 35pc after JPJ suspends services through collection agents
KUALA LUMPUR, Oct 5 — Zetrix AI Bhd’s share price fell during mid-morning trading following the Road Transport Department’s (JPJ) suspension of MyEG Sdn Bhd and Zetrix AI Bhd’s […]
Bursa Malaysia gains on Wall Street lead as weak US payrolls temper Fed rate hike expectations
KUALA LUMPUR, Oct 5 — Bursa Malaysia opened higher on Monday, tracking Wall Street’s gains after softer US payroll growth eased expectations of an immediate Federal Reserve rate increase. […]
Ringgit opens higher against US dollar as weak US jobs data weighs on greenback
KUALA LUMPUR, Oct 5 — The ringgit opened higher against the US dollar on Monday, following reduced expectations of a United States Federal Reserve (Fed) interest rate hike amid […]
China slams US ‘lie’ over Starbucks stores in Xinjiang
BEIJING, Oct 4 — China’s foreign ministry accused a US congressional committee yesterday of “fabricating claims” after its chairman called on Starbucks to shutter two newly opened cafes in Xinjiang […]
IEA: 325 million barrels of oil from strategic reserves released to ease Middle East energy crisis
PARIS, Oct 4 — The International Energy Agency said yesterday that member countries had so far released 325 million barrels of oil and oil-derivative products from strategic reserves, from 400 […]
US auto industry sees modest gains, lingering uncertainty as suppliers bear the brunt under Trump tariffs
NEW YORK, Oct 4 — President Donald Trump has claimed a “roaring comeback” in American auto manufacturing following aggressive trade policy, but analysts view the cumulative impact as more of […]
Aramco facility fire amid Houthi attacks sparks new concerns over Saudi oil security
RIYADH, Oct 4 — Flames and smoke were seen rising from a facility belonging to Saudi oil giant Aramco south of the kingdom’s capital Riyadh yesterday, an AFP journalist said. […]
Vietnam’s growth hits 9.95pc, fastest in four years, as exports jump 24.5pc
HANOI, Oct 3 — Vietnam’s quarterly growth surged to 9.95 per cent in the July-September period, up from 8.81 per cent in the previous three months and the fastest pace […]
Beijing turns up trade heat on EU with fresh anti-dumping investigation days before crucial talks
BEIJING, Oct 3 — China’s commerce ministry launched an anti-dumping investigation into imports of a widely used production chemical from the European Union today, less than a week before the […]