Newsfeed – Business News
Indonesia posts stronger-than-expected 5.3pc growth despite second-quarter slowdown
JAKARTA, Aug 5 — Indonesia’s economic growth slowed slightly in the second quarter of the year, though the data released by the statistics agency today still beat expectations thanks […]
Cathay Pacific first-half profit jumps 71pc as travel demand offsets fuel cost surge
HONG KONG, Aug 5 — Hong Kong carrier Cathay Pacific said today that net profit surged 71 per cent in the first half of the year, as demand from […]
SpaceX revenue jumps 92pc after IPO but shares fall on investor doubts
SAN FRANCISCO, Aug 5 — SpaceX’s revenue jumped 92 pe rcent in the second quarter, beating analyst expectations by around US$1 billion in its first post-IPO earnings report, but shares […]
Ringgit edges up as weak US economic data weighs on dollar
KUALA LUMPUR, Aug 5 — Ringgit opened slightly higher against the US dollar today, supported by weaker-than-expected US economic data that weighed on the greenback. At 8 am, the local […]
Shariah investing gains relevance as AI reshapes investment landscape, says Bursa CEO
KUALA LUMPUR, Aug 4 — Shariah investing has become increasingly relevant as digital technologies transform how investment decisions are made, while artificial intelligence (AI) reshapes everything from research and portfolio […]
Dzulkefly: Malaysia to leverage halal leadership and biotech for bioherbal hub push, eyes RM30-50b potential
KUALA LUMPUR, Aug 4 — Malaysia has the potential to generate between RM30 billion and RM50 billion in economic value over the next decade through the development of its herbal […]
Capital A posts stronger 2Q performance in engineering, logistics and travel
KUALA LUMPUR, Aug 4 — Investment holding company Capital A Bhd recorded growth across several key business segments in the second quarter (2Q) of 2026, driven by stronger performance in […]
Ringgit eases versus US dollar, ends higher against other major currencies
KUALA LUMPUR, Aug 4 — The ringgit ended lower against the US dollar although it strengthened versus other major currencies today, as the greenback remained supported by stronger-than-expected US manufacturing […]
Oil giant Aramco’s profits soar 44pc as war boosts prices
RIYADH, Aug 4 — Oil giant Saudi Aramco reported a 44 per cent surge in net profits today after the Middle East war sent energy prices soaring. Aramco, the world’s […]
Healthcare and financial counters lift Bursa Malaysia higher at close
KUALA LUMPUR, Aug 4 — Bursa Malaysia closed at its intraday high today, with gains led by the financial services and healthcare sectors, as investors rotated back into defensive and […]