Newsfeed – Business News
‘Donald of Dubai’ bets billions on data centres to chase AI crown
DUBAI, June 10 — A UAE real estate magnate close to Donald Trump is pumping billions of dollars into data centres, hoping to cash in on the AI boom and […]
Ringgit eases against dollar ahead of US CPI data release
KUALA LUMPUR, June 10 — The ringgit ended lower against the US dollar today as market sentiment remained cautious ahead of the release of the United States’ May Consumer Price […]
Bursa Malaysia closes higher as investors rotate into defensive stocks
KUALA LUMPUR, June 10 — Bursa Malaysia closed higher on Wednesday, outperforming some regional peers as renewed weakness in global technology stocks and escalating tensions in West Asia prompted investors […]
Petronas signs 20-year LNG supply deal with Japan’s JERA amid global energy uncertainty
KUALA LUMPUR, June 10 — Malaysian’s Petronas will supply Japanese utility firm JERA with 2 million tons of liquefied natural gas (LNG) per annum under a 20-year deal, the […]
Asia stocks fall as tech rout continues amid inflation worries and US-Iran tensions
HONG KONG, June 10 — Stocks fell today to extend a rollercoaster week for markets, with tech firms once again bearing the brunt of the selling as investors fret […]
Singapore court orders seizure of Capital A’s stakes in BigPay and Teleport over arbitration award
SINGAPORE, June 10 — The Singapore High Court has issued an order to seize Capital A Bhd’s stakes in BigPay and Teleport, in a move to enforce a partial arbitration […]
Bursa Malaysia edges higher at open amid cautious regional sentiment and oil price dip
KUALA LUMPUR, June 10 — Bursa Malaysia edged up 0.04 per cent at the opening on Wednesday amid cautious global market sentiment, despite easing crude oil prices and the […]
Ringgit edges lower against greenback ahead of crucial US CPI report
KUALA LUMPUR, June 10 — The ringgit opened higher against major currencies but eased against the US dollar today, as market sentiment remained cautious ahead of the release of the […]
Prabowo’s populist policies fuel Indonesia’s market ‘doom‑loop’ as rupiah, stocks plunge
Governance and policy uncertainty drive investors from Indonesia Rupiah is the world’s worst-performing currency vs USD this year Slide drives equity selling, risks ‘doom loop’ — investor SINGAPORE, June 10 […]
With Hormuz shut and Saudi oil rerouted, Iran‑aligned Houthi threats to Red Sea shipping hit harder in today’s market
SANAA, June 9 — Yemen’s Iran-aligned Houthis said yesterday that they would ban ships linked to Israel from the Red Sea after Israel renewed its military attacks on Iran, adding […]