Newsfeed – Business News
China’s exports jump 25pc on AI boom as US shipments surge before Trump-Xi talks
BEIJING, Sept 8 — China’s imports and exports surged in August, helped by a global AI buildout that has fuelled demand for technology products and ahead of an expected meeting […]
Canada’s retaliatory tariffs kick in on wide range of US goods after breakdown in trade talks
MONTREAL, Sept 8 — Canada’s retaliatory tariffs on billions of dollars in US products took effect Tuesday, as a trade war between the North American neighbours heats up. The announced […]
China starts charging fees on Japanese chipmaking chemical after dumping probe
BEIJING, Sept 8 — China began collecting “deposits” on imports of a key chipmaking chemical from Japan today after it said a probe found evidence of dumping that harmed Beijing’s […]
Panama Canal chief says more transit reductions possible as reservoirs drop amid severe El Nino impact
PANAMA CITY, Sept 8 — The number of ships sailing through the Panama Canal could be cut further due to drought caused by the El Nino weather pattern, the new […]
Bursa Malaysia opens lower on profit taking amid lack of Wall Street leads
KUALA LUMPUR, Sept 8 — Bursa Malaysia opened lower today as investors took profits in selected heavyweights, given an absence of Wall Street leads following the United States’ Labour Day […]
‘No more selling Bombardier’: Trump threatens to block US sales of Canadian aircraft maker amid worsening trade row
WASHINGTON, Sept 8 — President Donald Trump threatened yesterday to block US sales of Canadian plane maker Bombardier unless it builds aircrafts in the country, complaining of “unjust and unfair” […]
Ringgit opens almost flat against US dollar as West Asia conflict keeps oil prices elevated
KUALA LUMPUR, Sept 8 — The ringgit was almost flat against the US dollar at today’s open, as investors remained cautious amid the ongoing West Asia conflict, which continued to […]
Gas Malaysia, Petronas Gas team up to study Yan terminal pipeline link
KUALA LUMPUR, Sept 7 — Gas Malaysia Bhd has entered into a joint study and collaboration agreement (JSCA) with Petronas Gas Bhd (PGB) to study the development of an onshore […]
Volkswagen to turn German car plant into defence equipment factory for Israel’s Rafael
FRANKFURT, Sept 7 — German auto giant Volkswagen said Monday that one of its plants would be converted to make defence equipment for the Israeli group Rafael after car production […]
Ringgit ends marginally lower as strong US jobs data boosts dollar
KUALA LUMPUR, Sept 7 — The ringgit closed slightly lower on Monday after the United States posted strong non-farm payrolls (NFP) data and ahead of a US inflation report later […]