Newsfeed – Business News
AI stocks lift Wall Street ahead of Fed decision and tech earnings
NEW YORK, Oct 28 — Wall Street stocks rose for a second straight session Tuesday behind renewed enthusiasm for artificial intelligence-linked shares as markets awaited a Federal Reserve decision and […]
Boeing shares plunge 10.7pc as cautious production outlook disappoints investors
NEW YORK, Oct 28 — Boeing shares plunged Tuesday as the company’s cautious production growth timeframe surprised Wall Street, deepening questions about how fast recent plane certification and defense procurement […]
Bursa Malaysia opens higher as improved sentiment lifts KLCI above 1,615
KUALA LUMPUR, Oct 28 — Bursa Malaysia opened higher on Wednesday as market sentiment improved, tracking overnight gains on Wall Street following fresh artificial intelligence (AI)-related funding announcements. At 9.10am, […]
SK hynix quarterly operating profit surges 630pc on AI chip demand
SEOUL, Oct 28 — South Korean chip giant SK hynix said Wednesday its third-quarter operating profit soared 632 per cent on-year, largely driven by the artificial intelligence industry’s explosive demand […]
Ringgit extends gains for eighth straight trading day, opens at 4.0855 against US dollar
KUALA LUMPUR, Oct 28 — The ringgit opened higher against the US dollar for the eighth consecutive trading day today, reflecting continued positive momentum in the local currency at the […]
Ringgit mixed ahead of Fed decision, slips against US dollar
KUALA LUMPUR, Oct 27 — The ringgit closed higher against major currencies, but eased against the US dollar today, amid anticipation of the US Federal Open Market Committee’s (FOMC) policy decision this […]
Bursa Malaysia rebounds on bargain hunting, KLCI closes up 0.5pc
KUALA LUMPUR, Oct 27 — Bursa Malaysia closed higher today, supported by bargain hunting activities following the previous day’s sell-off. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 7.49 points, […]
Mercedes-Benz cuts 2026 profit outlook on tough China market
FRANKFURT, Oct 27 — German premium carmaker Mercedes-Benz today cut its outlook for the year, citing tough conditions in China and higher material costs. Core profit for 2026 is now […]
HSBC third-quarter profit jumps 45.5pc but misses forecasts amid job cuts and AI push
HONG KONG, Oct 27 — Banking giant HSBC said Tuesday that net profit in the third quarter rose less than expected, as it carries out sweeping job cuts and an […]
Nestle Malaysia’s 3Q net profit rises to RM197.51m, declares 80 sen dividend
KUALA LUMPUR, Oct 27 — Nestle (Malaysia) Bhd’s net profit rose to RM197.51 million for the third quarter (3Q) ended September 30, 2026, compared to RM114.04 million in the same […]