Newsfeed – Business News
Ringgit gains against US dollar, other major currencies on Budget 2027 optimism
KUALA LUMPUR, Oct 12 — The ringgit closed higher against the US dollar and other major currencies today, supported by positive market sentiment following the Budget 2027 announcement last week, […]
Banking stocks lift Bursa Malaysia on Budget 2027 measures
KUALA LUMPUR, Oct 12 —Bursa Malaysia continued last week’s positive performance, led by bargain hunting in banking stocks as Budget 2027 offered additional support through measures targeting small and medium enterprises […]
EU to cap Chinese hybrid vehicle imports at 350,000 a year
BRUSSELS, Oct 12 — The European Union will cap imports of hybrid vehicles from China to 350,000 a year, a senior EU official said today, after Brussels and Beijing agreed […]
Oil prices fall on Trump’s ‘energy ceasefire’ claim, Asian markets mixed
HONG KONG, Oct 12 — Stock markets were mixed today as oil prices fell after Donald Trump announced an “energy ceasefire” between Russia and Ukraine, which offset a fresh wave […]
Nikkei: France’s Thales to build maintenance base in Japan in first for foreign defence firm
TOKYO, Oct 12 — French defence contractor Thales will establish a maintenance and operational support base in Japan in what is seen as the first such move by a foreign […]
IMF, World Bank gather in Bangkok as Iran war energy shock collides with AI boom
BANGKOK, Oct 12 — Finance ministers and central bankers meet in Bangkok this week for the annual gatherings of the International Monetary Fund and World Bank, with the global economy […]
Bursa Malaysia rises at open as Budget 2027 lifts sentiment, Wall Street tech stocks rebound
KUALA LUMPUR, Oct 12 — Bursa Malaysia opened higher today, buoyed by positive sentiment following Budget 2027 and overnight gains on Wall Street, where a rebound in technology stocks and […]
Ringgit opens higher as Budget’s fiscal discipline boosts sentiment
KUALA LUMPUR, Oct 12 — The ringgit opened higher against the US dollar today, supported by the government’s commitment to fiscal discipline following the tabling of Budget 2027 last Friday. […]
Firefly scraps Subang-Seletar flights amid haze, weather concerns
SINGAPORE, Oct 11 — Firefly has cancelled all scheduled flights between Sultan Abdul Aziz Shah Airport in Subang and Seletar Airport in Singapore from Oct 10 to 12 as a […]
Trump’s trade wars sting US manufacturers ahead of midterms
NORTH JACKSON (United States), Oct 11 — For Doug Rende, who runs an aluminium product manufacturer in the US state of Ohio, President Donald Trump’s tariffs have meant millions of […]