Newsfeed – Business News
Google announces €13b Finland investment in its largest European AI infrastructure push
HELSINKI, Sept 9 — Google said today that it would invest at least €13 billion (RM60.8 billion) in digital infrastructure, including data centres to power artificial intelligence models, in Finland […]
US transportation chief criticises Ford over China tech reliance; company dismisses criticism as ‘wrongheaded’
NEW YORK, Sept 9 — US Transportation Secretary Sean Duffy yesterday slammed Ford Motor Company over its reliance on Chinese technology, accusations that the Detroit-based automaker dismissed as “wrongheaded.” In […]
Trump bans Canadian alcohol and targets wider range of goods in escalating trade war
WASHINGTON, Sept 9 — US President Donald Trump yesterday escalated his trade war against Canada, banning imports of alcohol and various products and raising tariffs on others, with the conflict […]
Oil nears US$100 as US‑Iran tensions escalate, stoking global inflation worries
HONG KONG, Sept 9 — Oil prices jumped more than one per cent towards US$100 (RM405) today and stocks struggled as a fresh flare-up in the Middle East crisis stoked […]
Bursa Malaysia rebounds, opens higher at open despite Wall Street weakness
=KUALA LUMPUR, Sept 9 — Bursa Malaysia rebounded from yesterday’s losses to open higher today despite weakness on Wall Street, as concerns over higher crude oil prices intensified amid escalating […]
Ringgit opens higher against US dollar amid US and Japan rate‑hike expectations
KUALA LUMPUR, Sept 9 — The ringgit opened higher against the US dollar today as the greenback weakened, while markets weighed the prospects of interest rate hikes in the United […]
UK, France and Canada to ban imports from Israeli settlements after Miliband accuses Israel of ‘ethnic cleansing’
LONDON, Sept 9 — Britain, France and Canada said yesterday they will ban imports from Israeli settlements in the occupied West Bank, with a UK minister accusing Israel of turning […]
Malaysia retail growth slows to 2.5pc in Q2, but Budi95 and other subsidies sustain household demand
KUALA LUMPUR, Sept 9 — Malaysia’s expanded fuel subsidy programmes and targeted cash handouts have helped cushion consumers and small businesses from the sharpest impacts of rising living costs, according […]
Ringgit ends lower as oil prices rise, Fed decision looms
KUALA LUMPUR, Sept 8 — The ringgit closed lower against the US dollar today, weighed by higher crude oil prices and cautious sentiment ahead of the US Federal Reserve’s (Fed) […]
Bursa Malaysia ends nearly flat as construction stocks attract buying
KUALA LUMPUR, Sept 8 — Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said […]