Newsfeed – Business News
Bursa Malaysia slips after higher open as weak US tech earnings weigh on sentiment
KUALA LUMPUR, Oct 30 — Bursa Malaysia slipped into negative territory on tomorrow after opening slightly higher, tracking weaker overnight sentiment on Wall Street amid disappointing technology earnings. At 9.13am, […]
Zetrix AI loses entire audit committee after two more directors resign
KUALA LUMPUR, Oct 30 — Zetrix AI Bhd has been left with just three directors and no members on its audit committee after four of its seven board members resigned […]
Ringgit rises for 10th consecutive day, trades near seven-week high against US dollar
KUALA LUMPUR, Oct 30 — The ringgit opened higher against the US dollar for the 10th consecutive trading day yesterday reflecting sustained positive sentiment towards the local currency at […]
Airbnb to donate 10 cents per booking to raise US$500m to support crisis housing
PARIS, Oct 29 — Airbnb said yesterday it will begin donating a dime for each reservation made on its platform to finance its nonprofit that helps house people in crisis. […]
Oil majors reap bumper profits as Mideast war drives prices; Shell, TotalEnergies cash in
LONDON, Oct 29 — Oil and gas giants Shell and TotalEnergies today reported soaring quarterly net profits as the Middle East war pushed up hydrocarbon prices — and the cost […]
ECB President Christine Lagarde to step down in February 2027
FRANKFURT, Oct 29 — European Central Bank President Christine Lagarde will step down in February 2027, months before her term expires in October next year, the Frankfurt-based institution said today. […]
Ringgit extends gains against US dollar after Fed holds rates
KUALA LUMPUR, Oct 29 — The ringgit continued its gains to end higher against the US dollar today, following the US Federal Reserve’s (Fed) decision to keep the benchmark interest […]
Bursa Malaysia snaps two-day winning streak to close lower on blue chip selling
KUALA LUMPUR, Oct 29 — Bursa Malaysia snapped a two-day winning streak to close lower today, in line with regional markets, as continued selling pressure in blue chip stocks weighed […]
Volkswagen turns to China for global growth, plans to export 300,000 vehicles a year by 2030
BEIJING, Oct 29 — German car giant Volkswagen said it aims to export at least 300,000 vehicles made in China each year by 2030, as well as technologies it […]
Microsoft beats estimates with US$92.3b revenue, fuelled by Azure cloud business; shares rise 5pc
SAN FRANCISCO, Oct 29 — Microsoft shares popped more than five per cent yesterday afternoon after it reported better than expected revenue and profit, fuelled by its Azure cloud computing […]