Newsfeed – Business News
AI chip exports lift South Korea GDP, shrugging off Middle East tensions
SEOUL, April 23 — Soaring semiconductor demand has driven South Korea’s economy to its fastest growth in over five years, quarterly data from the central bank showed Thursday, as the […]
Ceasefire lift: Bursa Malaysia opens higher as banks lead on Trump’s truce extension
KUALA LUMPUR, April 23 — Bursa Malaysia opened higher on Thursday, buoyed by improved sentiment after US President Donald Trump extended the West Asia ceasefire, with gains led by banking […]
Crude surges past US$100 as Hormuz standoff drags on
TOKYO April 23 — Oil prices jumped 4 per cent Thursday after Iran vowed not to reopen the Strait of Hormuz so long as a US naval blockade remained in […]
Ringgit dips near RM3.96 against greenback as US–Iran tensions cloud outlook
KUALA LUMPUR, April 23 — The ringgit opened lower against the US dollar on Thursday, weighed by cautious sentiment as traders awaited clearer outcomes from ongoing United States-Iran negotiations. At […]
Investors wait for clarification about Tesla spending binge ahead of earnings
NEW YORK, April 22 — Questions about Tesla’s progress towards achieving fully autonomous driving at scale are expected to figure prominently when the company reports results today. When last releasing […]
Oil prices rise despite US-Iran ceasefire extension
LONDON, April 22 — Oil prices edged higher today while Europe’s main stock markets eased on uncertainty surrounding the prospect of resumed Mideast peace talks following an extension to the […]
Ringgit ends slightly lower against US dollar, firmer vs other majors
KUALA LUMPUR, April 22 —The ringgit closed slightly weaker against the US dollar today as investors shifted towards safe-haven assets, while trading mostly higher against other major and regional currencies. […]
Bursa Malaysia snaps four-day winning streak on profit-taking
KUALA LUMPUR, April 22 — Bursa Malaysia snapped a four-day winning streak to close marginally lower today, as profit-taking followed mixed performances across regional markets. At 5pm, the FTSE Bursa […]
Chinese automakers winning ground in Europe’s car market
PARIS, April 22 — Chinese carmakers have quickly built up their presence in the lucrative European auto market, buoyed by technological advances their competitors are trying to copy, and analysts […]
EPF sells one million Sunway Healthcare shares, cuts stake to 4.99pc
KUALA LUMPUR, April 21 — The Employees Provident Fund (EPF) has reportedly sold one million shares in Sunway Healthcare Holdings Bhd, losing its status as a substantial shareholder in the latter. […]