Newsfeed – Business News
Indonesia’s Prabowo: MSCI is ‘trying to scare us’ over market downgrade warning
JAKARTA, Oct 21 — Indonesia’s president lashed out at MSCI today, accusing the index compiler of “trying to scare us” over its threat to downgrade the country’s stock market. MSCI […]
Ringgit up against US dollar at close, mostly higher against major currencies
KUALA LUMPUR, Oct 21 — The ringgit closed higher against the US dollar and mostly higher against other major currencies today, supported by Malaysia’s resilient economic performance. At 6 pm, […]
Mercedes-Benz Malaysia unveils SE Asia’s first AMG ONE Service Hub in Klang
KLANG, Oct 21 — Mercedes-Benz Malaysia has invested RM2.2 million to establish South-east Asia’s first and only Mercedes-AMG ONE Service Hub at Hap Seng Star Bukit Tinggi, reinforcing Malaysia’s position […]
EU opens investigation into online travel agent Booking.com over fake listings, phishing scams
BRUSSELS, Oct 21 — The European Union opened an investigation into online travel agent Booking.com today over alleged failures to tackle fake listings and phishing scams. The EU fears Booking.com […]
Bursa Malaysia ends higher, FBM KLCI reclaims 1,600-mark
KUALA LUMPUR, Oct 21 — Bursa Malaysia ended higher today, with the benchmark index reclaiming the psychological 1,600 level on selective bargain hunting, but gains were capped as buying interest […]
India billionaire Mukesh Ambani’s Jio IPO fully subscribed in just 100 minutes
MUMBAI, Oct 21 — Billionaire Mukesh Ambani’s Jio Platforms attracted enough investor bids to fully subscribe its initial public offering within two hours of opening today, putting India’s likely biggest-ever […]
A bleak picture for Getty Images: Photography giant enters Chapter 11 bankruptcy proceedings
NEW YORK, Oct 21 — US photography company Getty Images said today it has commenced legal proceedings at a US bankruptcy court, as part of a previously announced plan to […]
Westports sails past RM1b in quarterly revenue, profit surges 26pc
KUALA LUMPUR, Oct 21 — Westports Holdings Bhd’s net profit for the third quarter ended Sept 30, 2026 (3Q 2026) jumped 26 per cent to RM342.55 million from RM271.1 million […]
Oil, AI and a feud with Musk: India billionaire Mukesh Ambani’s Jio launches US$3.2b IPO
MUMBAI, Oct 21 — The digital arm of conglomerate Reliance Industries launched its potentially record-breaking IPO today, testing billionaire owner Mukesh Ambani’s digital ambitions after a turbulent year marked by […]
AI stocks roar back across Asia, lifting Seoul and Tokyo markets
HONG KONG, Oct 21 — Asian markets rallied today as tech firms enjoyed a much-needed rebound, with investors taking heart from upbeat earnings that lifted sentiment ahead of a crucial […]