Newsfeed – Business News
Ambani’s Jio Platforms makes stock market debut after record US$3.2b India IPO
MUMBAI, Oct 28 — India’s Jio Platforms makes its stock market debut on Wednesday after a record-breaking IPO, capping billionaire owner Mukesh Ambani’s years-long drive to diversify his conglomerate beyond […]
Asian tech stocks surge as SK hynix profit jumps 632pc on AI chip boom
HONG KONG, Oct 28 — Technology firms surged across Asia on Wednesday after blockbuster earnings from chip giant SK hynix helped boost optimism in the AI trade ahead of results […]
Germany’s Infineon to invest €1.1b in Austrian chip production as AI demand grows
BERLIN, Oct 28 — German semiconductor maker Infineon said Tuesday it would invest €1.1 billion (RM4.99 billion) in a next-generation chip production unit in Austria to meet rising demand driven […]
Nestle Malaysia emerges as top gainer in early trade on stronger 3Q performance
KUALA LUMPUR, Oct 28 — Nestle (Malaysia) Bhd shares emerged as top gainer in early trade today following a stronger performance in the third quarter ended September 30, 2026 (3Q […]
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 […]