Newsfeed – Business News
Bursa Malaysia opens higher for third straight day as Fed decision lifts market sentiment
KUALA LUMPUR, Oct 29 — Bursa Malaysia opened higher for the third consecutive day today tracking overnight gains on Wall Street after the United States Federal Reserve (Fed) kept interest […]
Ringgit opens higher as hopes of OPR normalisation support local currency ahead of BNM meeting
KUALA LUMPUR, Oct 29 — The ringgit opened higher against the US dollar today, supported by the possibility of overnight policy rate (OPR) normalisation at Bank Negara Malaysia’s (BNM) Monetary […]
Rivals, collapsing prices and rising bills: Anthropic’s record US$1t IPO bid faces big questions
SAN FRANCISCO, Oct 29 — No startup has ever grown so fast. In five years, Anthropic has become an AI giant valued at US$1 trillion (RM4.08 trillion), and it is […]
Maxis neither denies nor confirms U Mobile merger report
KUALA LUMPUR, Oct 28 — Maxis Bhd neither denied nor confirmed a media report of a merger today but acknowledged that it is always evaluating strategic opportunities and partnerships that […]
Ringgit ends higher against greenback on confidence in Malaysia’s fundamentals
KUALA LUMPUR, Oct 28 — The ringgit rebounded to close higher against the US dollar today amid confidence in Malaysia’s economic fundamentals, supported by optimism over artificial intelligence (AI)-related investments […]
Spain reels from second high-speed rail disaster this year as crash kills 10
MADRID, Oct 28 — A collision between two high-speed trains south of Madrid killed 10 people today and the toll could rise, regional authorities said in Spain’s second such disaster […]
Late buying lifts Bursa Malaysia to close slightly higher
KUALA LUMPUR, Oct 28 — Late buying in selected heavyweight stocks, particularly utility counters, lifted Bursa Malaysia to close marginally higher today, in line with regional markets. At 5pm, the […]
Chemicals giant BASF raises 2026 profit outlook for second time on Iran war price hikes
FRANKFURT, Oct 28 — German chemicals giant BASF raised its 2026 outlook for the second time this year on Wednesday after raising prices for some products following the outbreak of […]
China’s tech boom propels rich list to record high as DeepSeek founder debuts at No. 7
BEIJING, Oct 28 — The number of mega-wealthy people in China reached an all-time high this year, with tech tycoons including the founder of DeepSeek joining a closely watched rich […]
Asia drives fizzing Heineken volumes as Q3 sales rise
THE HAGUE, Oct 28 — Dutch brewer Heineken today reported a near five-per cent gain in total volumes sold in the third quarter, driven by strong growth in its Asia-Pacific […]