Newsfeed – Business News
Airbnb’s income jumps as holiday rentals boom and World Cup listings surge
WASHINGTON, Aug 7 — Online holiday rental platform Airbnb recorded higher income in the second quarter, the company said on Thursday, reported German Press Agency (dpa). The company’s earnings totalled […]
China’s trade machine roars back in July as AI demand lifts exports
BEIJING, Aug 7 — Chinese exports and imports soared in July, official data showed Friday, as the manufacturing powerhouse benefits from a global AI boom lifting overseas demand for its […]
Ringgit edges higher at market open, but Hormuz tensions keep gains in check
KUALA LUMPUR, Aug 7 — The ringgit opened mostly higher against other major currencies, and was almost unchanged versus the US dollar, as escalating global tensions capped gains in the […]
Oil rally resumes as Hormuz uncertainty weighs on global markets
NEW YORK, Aug 7 — Oil prices barreled higher again Thursday, extending their volatile run, while global stock markets had a mixed day ahead of key US employment data. With […]
Trump unveils new tariffs and price floor on polysilicon to curb Chinese imports
WASHINGTON, Aug 7 — US President Donald Trump signed an order Thursday to set minimum import prices and new tariffs on products made using polysilicon, a key material for solar […]
Ringgit closes higher, but gains capped ahead of US payrolls report
KUALA LUMPUR, Aug 6 — The ringgit closed higher against the US dollar today, although gains were capped by a broadly firmer greenback as investors remained cautious ahead of the […]
Bursa Malaysia closes lower as investors take profit after market rebound
KUALA LUMPUR, Aug 6 — Bursa Malaysia closed lower as investors took profits following the recent rebound, with telecommunications and industrial stocks leading the decline, said an analyst. At 5pm, […]
It’s-a me, profit! ‘Mario’ and US tariff refunds give Nintendo 50pc Q1 boost
TOKYO, Aug 6 — Nintendo said Thursday net profit jumped more than 50 per cent year-on-year in the first quarter, helped by increased video game sales and a windfall connected […]
Disney beats profit forecasts as theme parks keep visitors coming
NEW YORK, Aug 6 — Disney reported better-than-expected profits Wednesday, citing a strong performance in its theme park business amid lingering worries about macroeconomic weakness. The entertainment giant’s third-quarter profits […]
Importers strike gold as Trump administration refunds US$100b in unlawful tariffs
WASHINGTON, Aug 6 — US President Donald Trump’s administration has refunded about US$100 billion in tariffs since the Supreme Court struck down a wave of his duties this year, court […]