Newsfeed – Business News
FBM KLCI struggles to extend gains amid profit-taking pressure
KUALA LUMPUR: The FBM KLCI struggled to make more headway in morning trade, ending the session on a slightly negative note as traders took profit from the previous day’s surge. […]
Asian stocks inch higher, fragile yen spurs intervention worries
SINGAPORE: Asian stocks rose on Wednesday, buoyed by Japanese shares, as investors braced for a snap election in Japan that could lead to more fiscal stimulus, while worries about central […]
Saks Global files for bankruptcy after Neiman Marcus takeover leads to financial collapse
HIGH-end department store conglomerate Saks Global filed for bankruptcy protection late on Tuesday in one of the largest retail collapses since the pandemic. Read full story Date: 14 January, 2026 […]
China’s trade ends 2025 with record trillion-dollar surplus despite Trump tariffs
BEIJING: China on Wednesday reported a strong export run in 2025 with a record trillion-dollar surplus, as producers braced for three more years of a Trump administration set on slowing […]
Netflix prepares all-cash offer for Warner Bros, source says
NETFLIX is preparing to make an all-cash offer for Warner Bros Discovery’s studios and streaming businesses, a source familiar with the matter told Reuters on Tuesday. Read full story Date: […]
Ringgit opens lower against US$ but higher vs major currencies
KUALA LUMPUR: The ringgit opened lower against the US dollar on Wednesday but higher against major currencies amid mixed market sentiment driven by geopolitical risk and Trump’s ongoing pressure on […]
FBM KLCI holds firm above 1,700
KUALA LUMPUR: The return of foreign funds to blue chips on Bursa Malaysia could keep the FBM KLCI at multi-year highs, although the recent surge in prices and overbought conditions […]
Japan’s Nikkei hits record high on loose policy hopes, weaker yen
TOKYO: Japan’s Nikkei share average rose to a record high on Wednesday, buoyed by hopes for more fiscal stimulus following a report last week that the government might call a […]
Global EV sales growth likely to slow after 20% jump in rocky 2025, research firm says
GLOBAL EV registrations grew 20% last year but are likely to lose pace in 2026, data showed on Wednesday, as a slowdown in China and a relaxation of electrification targets […]
Wall St falls with financials amid credit-card rate plan concern
US stocks ended lower on Tuesday, led by a drop in financial shares as comments from JPMorgan executives added to worries about US President Donald Trump’s recent proposal for a cap on […]