Newsfeed – Business News
Slump in commodities rattles global markets
SINGAPORE: Commodities markets slumped on Monday, led by deep losses in gold, silver, oil and industrial metals as the choice of Kevin Warsh as the next Fed chair set off […]
Oil prices fall nearly 5% on US-Iran de-escalation
Oil prices fell nearly 5% on Monday, heading for the steepest single-session decline in more than 6 months, after U.S. President Donald Trump said Iran was “seriously talking” with Washington, […]
Sime Darby Property maintains AA+IS rating with stable outlook
KUALA LUMPUR: Sime Darby Property Bhd continues to hold an AA+IS rating with a stable outlook on its RM4.5bil Islamic Medium-Term Notes (IMTN) Programme (Sukuk Musharakah), following a reaffirmation by […]
BYD leads Chinese automaker selloff on weakening sales
HONG KONG: Shares of BYD Co Ltd sank to their lowest level in at least a year on Monday, leading a broader selloff in Chinese automaker stocks after they reported […]
South Korea and Indonesian stocks tumble, Asian currencies weaken
INDONESIAN and South Korean stocks tumbled more than 5% each on Monday, while emerging Asian currencies slipped against the U.S. dollar, as investors weighed how President Donald Trump’s pick for […]
AI push moves innovation into everyday life
FOR Huang Xiaozhen, the future of artificial intelligence isn’t about computing power or algorithmic scale, but about something far more ordinary: the quiet click of a light switch. Read full […]
Magnum introduces PlayNow feature to enhance customer experience
KUALA LUMPUR: Numbers forecast operator Magnum 4D Bhd has rolled out a new feature, dubbed as “PlayNow”, embedded in its mobile application, allowing customers to generate a QR code for […]
Asia’s factory activity expands on solid global demand
TOKYO: Asia’s factory activity expanded in January as solid global demand lifted export orders, private-sector surveys showed on Monday, offering policymakers some assurance the hit from higher U.S. tariffs has […]
Dollar firm as investors mull a Fed under Warsh; yen wobbles
SINGAPORE: The dollar clung to its gains on Monday as investors weighed what a Federal Reserve under Kevin Warsh might look like, with his preference for a smaller balance sheet. […]
Gold plunge deepens as traders unwind ‘crowded’ bets on rally
Gold fell, following its biggest plunge in more than a decade, and silver whipsawed in choppy trading after a dramatic reversal of a record-breaking rally that ran too far, too […]