Newsfeed – Business News
Germany looks to deepen investment in Johor-Singapore SEZ amid global supply chain realignment
ISKANDAR PUTERI, May 14 — Johor is increasingly being viewed as a strategic gateway into Asean as Germany seeks to diversify global supply chains and expand investment partnerships in the […]
Ringgit opens higher for seventh straight day ahead of Trump-Xi talks in Beijing
KUALA LUMPUR, May 14 — The ringgit opened higher against the US dollar for a seventh straight trading day ahead of the high-stakes meeting between US President Donald Trump and […]
Samsung says image supplied by partner as Dua Lipa sues for copyright and publicity abuse
LONDON, May 14 — Electronics giant Samsung has said “we deny any allegations of intentional misuse” after lawyers for pop star Dua Lipa announced they would sue the company for […]
In India, heat-triggered insurance offers ‘some relief’
AHMEDABAD (India), May 14 — Clothes seller Lata Solanki used to face a devastating choice when India’s summer heat hit dangerous levels: risk her health going door-to-door for sales, or […]
Report claims BYD in bid to buy European factories, talking Stellantis among others
PARIS, May 13 — Chinese electric vehicle giant BYD is talking with Jeep-maker Stellantis and other carmakers on taking over their EU plants as part of its international expansion drive, […]
H&M to move South-east Asia hub to Kuala Lumpur, announces layoffs for 30pc of regional support headcount
SINGAPORE, May 13 – H&M has announced a major restructuring of its Asia-Pacific operations, relocating its South-east Asia regional headquarters from Singapore to Kuala Lumpur and eliminating approximately 30 per […]
Ringgit closes higher against US dollar, major currencies as expectations mount for Trump-Xi meeting
KUALA LUMPUR, May 13 — The ringgit closed higher against the US dollar and other major currencies today, supported by improved sentiment towards Asian currencies ahead of the high-stakes meeting […]
Bursa Malaysia ends lower as investors remain cautious amid macro, geopolitical concerns
KUALA LUMPUR, May 13 — Bursa Malaysia ended lower today, reversing yesterday’s gains, as investor sentiment remained cautious amid subdued trading activity, with participants continuing to assess the broader macroeconomic […]
Proton e.MAS sales cross 20,000 mark, driven by Malaysia’s best-selling hybrid model
KUALA LUMPUR, May 13 — PRO-NET, the official distributor for Proton’s electric vehicles, announced today that over 20,000 Proton e.MAS units are now on Malaysian roads, showing the growing acceptance […]
Asian markets slide as Middle East deadlock and AI woes rattle investors
HONG KONG, May 13 — Asian stocks fell on Wednesday as markets digested the lack of progress towards Middle East peace and setbacks that rattled the boom in AI technology. […]