Newsfeed – Business News
AI and chip investments position Malaysia as regional growth outlier
KUALA LUMPUR, Aug 3 — Malaysia is emerging as one of Asia’s strongest economic performers as a surge of investment in semiconductors, artificial intelligence (AI) infrastructure and data centres reshapes […]
Perodua slashes Axia prices by up to RM4,700, effective immediately nationwide
KUALA LUMPUR, Aug 3 — Perusahaan Otomobil Kedua Sdn Bhd (Perodua) has today reduced the price of its Axia model, Malaysia’s most affordable compact car model, by up to RM4,700, […]
Malaysia’s manufacturing sector sees slight improvement in July
KUALA LUMPUR, Aug 3 — Malaysia’s factory conditions showed modest improvement in July as new orders continued to rise, according to the latest S&P Global Manufacturing Purchasing Managers’ Index (PMI). […]
Ringgit edges higher as Trump pauses planned Iran strikes
KUALA LUMPUR, Aug 3 —The ringgit opened slightly higher against the US dollar on Monday ahead of the release of key United States (US) economic data today amid easing tensions […]
Oil prices plunge as Trump announces talks to end Middle East war
TOKYO, Aug 3 — Oil prices tumbled today in early Asia trade after US President Donald Trump announced fresh talks with Iran to end the Middle East war and reopen the […]
AI boom fuels ‘RAMaggedon’ chip crunch, pushes up laptop and phone prices
HONG KONG, Aug 3 — Print-outs of articles about the global memory chip shortage are pinned beside a price list at a Hong Kong computer shop, offering an explanation to […]
Malaysia’s F1 return seen boosting retail and F&B SMEs, says retailers group
KUALA LUMPUR, Aug 3 — Consumer spending across the retail and food and beverage (F&B) sectors, particularly among small and medium enterprises (SMEs), is expected to gain momentum from higher […]
South Korea’s Hyundai, Kia sell over 130,000 EVs in Europe in first half of 2026
SEOUL, Aug 2 — Hyundai Motor Co. and Kia Corp. sold more than 100,000 electric vehicles (EVs) in Europe in the first half of the year as the South Korean […]
Sun brings the tourists, tourists crank the AC, and Vietnam says let the sun pay for it all
HANOI, Aug 2 — Businesses and households across Vietnam are stepping up electricity-saving measures and investing in rooftop solar power as prolonged heatwaves push electricity demand to record levels, Vietnam […]
Yen rises after reported US‑Japan joint intervention, first since 1998
TOKYO, Aug 2 — Washington and Tokyo jointly intervened to shore up the Japanese yen for the first time in nearly 30 years after the currency sank to its weakest […]