Newsfeed – Business News
The great economy squeeze: US airlines make room for luxury seats to chase bigger profits
NEW YORK, Nov 8 — Airlines are installing deluxe seats, enlisting Michelin-star chefs for luxury menu offerings and designing elite airport lounges as the industry bets its future on growing […]
Why the AI stock sell-off could matter far beyond Wall Street
PARIS, Nov 8 — “Correction” is not the word investors want to hear, but the stampede out of AI and technology stocks this week has heightened doubts about the sustainability of […]
Musk’s futuristic Cybertruck rolls toward exit as Tesla pivots to robotaxi
WASHINGTON, Nov 7 — Production of Cybertrucks — the pickups hailed by enthusiasts as a symbol of Elon Musk’s futuristic ambitions and equally hated as ugly reminders of the Donald […]
Cheaper, faster, flashier: Chinese brands crash the European motorcycle party
RHO (Italy), Nov 7 — Just as with electric cars, Chinese motorcycle brands are roaring into European markets, with high-performance, cut-price models starting to make a name for themselves. At […]
GOPAX hits the panic button: South Korean crypto trading halts as hackers claim breach
SEOUL, Nov 7 — South Korean cryptocurrency exchange GOPAX said Friday it had suspended withdrawals and trading as an emergency measure following hacking threats, Yonhap News Agency reported. The exchange […]
Bursa sounds alarm over Zetrix AI’s dividend non-payment, financial position
KUALA LUMPUR, Nov 6 — Bursa Malaysia has directed Zetrix AI Bhd to resolve the non-payment of its 2025 final dividend by November 23, 2026 and disclose relevant material information […]
Ringgit closes lower amid global market jitters and semiconductor sell-off
KUALA LUMPUR, Nov 6 — The ringgit closed lower against the US dollar on Friday, weighed down by a broad risk-off sentiment across global markets amid renewed selling pressure in […]
Bursa tumbles as global headwinds overshadow Malaysia’s growth prospects
KUALA LUMPUR, Nov 6 — Bursa Malaysia ended the week lower amid broad-based selling, tracking weaker regional markets as global equities came under renewed pressure following Wall Street’s sharp decline […]
BNM tightens cybersecurity safeguards for financial institutions amid rising global threats
KUALA LUMPUR, Nov 6 — Bank Negara Malaysia (BNM) has put in place regulatory requirements for financial institutions to maintain adequate cybersecurity safeguards, continuously strengthening their defences, said Governor […]
Seoul, Tokyo lead Asian market bloodbath as AI backlash and US political uncertainty rattle investors
HONG KONG, Nov 6 — Asian tech firms suffered a bloodbath today as investors tracked a collapse on Wall Street fuelled by fears that Democrats will ramp up regulations of […]