Newsfeed – Business News
World’s biggest crypto heist: FBI says North Korean hackers stole US$6b from Binance
NEW YORK, Nov 1 — The FBI yesterday accused North Korea of stealing more than US$6 billion (RM24.3 billion) in virtual assets from the cryptocurrency exchange Binance in what is […]
Hackers steal US$6.3b, Binance foots the bill — and says it’s 90pc there
NEW YORK, Nov 1 — Cryptocurrency platform Binance said yesterday it has used company money to buy tokens to replenish 90 per cent of US$6.3 billion (RM25.6 billion) stolen in […]
Ringgit expected to trade range-bound vs US dollar next week ahead of BNM’s OPR decision
KUALA LUMPUR, Oct 31 — The ringgit is expected to trade within a narrow range against the US dollar next week as investors turn their attention to Bank Negara Malaysia’s […]
Bursa Malaysia seen consolidating next week within 1,600-1,630 range as market consolidates
KUALA LUMPUR, Oct 31 — Bursa Malaysia is expected to consolidate next week, with the FTSE Bursa Malaysia KLCI (FBM KLCI) projected to trade within the 1,600-1,630 range amid a […]
After scraping the Internet, AI giants pledge ‘no scraping’ tool for publishers
SAN FRANCISCO, Oct 31 — OpenAI, Google, Microsoft and Anthropic pledged on Friday to give media outlets and other websites a single way to prevent their content from being scraped […]
US-backed startup eyes US$600m rare-earth refinery in Malaysia to bypass China
KUALA LUMPUR, Oct 31 — A primarily US-owned startup is planning a US$600 million (RM2.4 billion) investment in a Malaysian rare-earth refinery, aiming to develop a new critical minerals supply […]
Indonesian stocks tumble 41pc; Jakarta goes after tycoons allegedly behind ‘gorengan’ shares
KUALA LUMPUR, Oct 31 — Indonesian President Prabowo Subianto’s brother has stressed the urgent need for transparency in the domestic equity market, warning that Jakarta must “mitigate the MSCI issue” […]
Monaco exits global money laundering watchlist: The playground for the rich is officially less ‘grey’
PARIS, Oct 31 — Global anti-money laundering watchdog the Financial Action Task Force (FATF) said Friday it had removed Monaco and three other countries from its “grey list”, two years […]
Is your crypto safe? What the record RM26b Binance heist reveals about exchange security
LONDON, Oct 31 — Binance, the world’s biggest cryptocurrency exchange, estimates that assets worth US$6.3 billion (RM25.7 billion) were impacted by a hacking attack against the trading platform. But how […]
Can France survive its debt? Fitch issues major warning to the EU’s second-largest economy
PARIS, Oct 31 — The Fitch ratings agency on Friday maintained France’s credit rating at A+ but downgraded its outlook from “stable” to “negative” as it raised new concerns over […]