Newsfeed – Business News
Bursa Malaysia under pressure after Trump signals months-long Iran deadlock
KUALA LUMPUR, April 30 — Bursa Malaysia traded choppily in early dealings, with sentiment cautious amid external uncertainties, traders said. Tensions in West Asia and elevated oil prices weighed after […]
Alphabet beats Wall St estimates as Google Cloud surges 63pc on AI demand
NEW YORK, April 30 — Alphabet topped Wall Street estimates for quarterly revenue on Wednesday, as enterprise spending on artificial intelligence delivered the best quarter of reported growth for its […]
Ringgit dips toward 3.96 versus dollar as global uncertainty mounts
KUALA LUMPUR, April 30 — The ringgit opened lower against the US dollar and was mixed against other currencies, as support from firmer oil prices was offset by broad dollar […]
Defying Trump, Powell ends term with rates on hold, keeps Fed board seat in break from tradition
WASHINGTON, April 30 — Federal Reserve Chair Jerome Powell closed out eight years as head of the US central bank on Wednesday with interest rates on hold, rising concern about […]
Maxis unit extends RM202m shareholder advance to DNB for spectrum, 5G needs
KUALA LUMPUR, April 29 — Maxis Bhd’s wholly owned subsidiary Maxis Broadband Sdn Bhd has provided an additional shareholder advance of RM202 million to Digital Nasional Bhd (DNB). In a filing […]
Hong Kong stock exchange posts record quarterly profit as IPO boom continues
HONG KONG, April 29 — Hong Kong’s stock exchange posted a record quarterly profit in the first three months of 2026, its operator said Wednesday, as the finance hub remains […]
Ringgit closes higher against US dollar, regional currencies on easing oil concerns
KUALA LUMPUR, April 29 — The ringgit closed higher against the US dollar and regional currencies, due to easing crude oil concerns following the United Arab Emirates’ (UAE) exit from […]
Bursa Malaysia ends lower as oil-related counters drag market amid profit-taking
KUALA LUMPUR, April 29 — Bursa Malaysia ended on a softer note today, as investors took profit in oil-related counters following news of the United Arab Emirates’ (UAE) decision to […]
Asia markets rebound as focus shifts to Fed decision and tech earnings
SINGAPORE, April 29 — Markets found their footing in Asian trading on Wednesday as worries about the Iran conflict and health of the AI sector eased, optimism over corporate earnings […]
Malaysia’s inflation eases to 1.4pc in 2025 as ringgit’s strength, BUDI95 help
KUALA LUMPUR, April 29 — Malaysia’s inflation moderated to 1.4 per cent in 2025 as compared to 1.8 per cent in the previous year, supported by the firmer ringgit, sustained […]