Newsfeed – Business News
Ringgit ends lower as Fed rate hike concerns lift US dollar
KUALA LUMPUR, July 1 — The ringgit ended lower against the US dollar today as expectations of a United States (US) Federal Reserve (Fed) rate hike continued to weigh on regional market […]
Bursa Malaysia reverses earlier gains to end lower
KUALA LUMPUR, July 1 —Bursa Malaysia’s benchmark index fell 0.43 per cent to close at its intraday low, reversing earlier gains as a wave of late-session selling erased the day’s […]
China imposes new ‘national security’ rules on overseas investments as tech rivalry with US intensifies
BEIJING, July 1 — China is intensifying its scrutiny of investments overseas with broad “national security” regulations taking effect from today, at a time of rising tech competition with Washington. […]
Binance faces lawsuit from nearly 1,700 UK investors over allegedly unlawful products
MOSCOW, July 1 — Nearly 1,700 British investors have filed a lawsuit against cryptocurrency exchange Binance for offering traders risky financial instruments not approved by United Kingdom (UK) regulators, according […]
World Bank to end China loans by 2031 as ties shift from lender to ‘knowledge partner’
WASHINGTON, July 1 — The World Bank will phase out its lending to China by 2031, according to the organisation’s new country partnership framework, a source familiar with the matter […]
Nasdaq caps strongest quarter since 2020 as AI optimism outweighs inflation fears
NEW YORK, July 1 — The tech-rich Nasdaq capped its best quarter in six years yesterday, rising with other US indices as bullishness over artificial intelligence overcame worries over geopolitics […]
Asian markets mixed as yen hovers near four‑decade lows, US jobs data in focus
HONG KONG, July 1 — Asian stocks were mixed today as investors nervously awaited key US jobs data that could help determine the Federal Reserve’s next interest rate decision, while […]
Bursa Malaysia starts second half of 2026 firmer as US-Iran talks lift sentiment
KUALA LUMPUR, July 1 — Bursa Malaysia kicked off the second half of 2026 on a positive note, buoyed by stronger overnight gains on Wall Street and improving market sentiment […]
Ringgit opens higher against dollar as US consumer confidence dips below expectations
KUALA LUMPUR, July 1 — The ringgit was firmer against the US dollar in the early session, supported by weaker-than-expected US consumer confidence data that weighed on the greenback. Meanwhile, […]
Six billion parcels and counting: A guide to the EU’s RM14 duty on cheap Chinese imports
BRUSSELS, July 1 — The European Union will slap a three-euro (RM14) duty on cheap parcels entering the 27-nation bloc on Wednesday to stem a surge in low-value packages, mainly […]