Newsfeed – Business News
Ringgit ends higher vs US dollar ahead of US inflation data
KUALA LUMPUR, Aug 12 — The ringgit finished higher against the greenback today ahead of the release later tonight of the US Consumer Price Index (CPI) report for July, which is expected […]
Bursa Malaysia ends at intraday high lifted by utilities, petrochemical stocks
KUALA LUMPUR, Aug 12 — Bursa Malaysia ended at its intraday high today, buoyed by buying interest in utilities and petrochemical stocks amid elevated crude oil prices. At 5pm, the FTSE […]
Tata Sons chairman Chandrasekaran to step down in 2027 amid leadership uncertainty
MUMBAI, Aug 12 — Tata Sons chairman N. Chandrasekaran said today he would not seek reappointment when his term ends next year, deepening a leadership crisis at India’s largest conglomerate. […]
Ringgit rises against US dollar as markets await 2Q GDP, US inflation data
KUALA LUMPUR, Aug 12 — The ringgit opened higher against the US dollar today, ahead of Malaysia’s second quarter (2Q) gross domestic product (GDP) official data, slated to be released […]
Ringgit slips against US dollar ahead of key US inflation data, ends mostly higher
KUALA LUMPUR, Aug 11 — The ringgit closed higher today against most major currencies but eased against the greenback ahead of the release of key US inflation data. At 6 pm, […]
MR DIY 2Q net profit drops 15.2pc to RM134.4m, revenue rises to RM1.25b
KUALA LUMPUR, Aug 11 — MR DIY Group (M) Bhd posted a lower net profit of RM134.40 million for the second quarter of financial year 2026 (2Q FY2026) ended June […]
Oil prices jump further as hopes for Hormuz deal fade
HONG KONG, Aug 11 — Oil prices extended a strong rally today as hopes for a reopening of the Strait of Hormuz fade, fanning fresh inflation fears and ramping up bets […]
AI’s hunger for power sparks US private gas plant boom
WASHINGTON, Aug 11 — As US tech companies race to build the data centres fueling the AI boom, they are increasingly putting up their own power plants — off the grid […]
Meta pushes global AI vision amid race with OpenAI, Anthropic and China
SAN FRANCISCO, Aug 11 — Meta boss Mark Zuckerberg laid out a vision for how the United States and the social media giant could win a global race to dominate […]
Ringgit strengthens against yen, euro amid US dollar gains
KUALA LUMPUR, Aug 11 — The ringgit opened mixed against a basket of major currencies today, while the US dollar strengthened amid elevated crude oil prices following the reopening of the […]