Newsfeed – Business News
Nvidia builds location verification tech that could help fight chip smuggling
SAN FRANCISCO: Nvidia has built location verification technology that could indicate which country its chips are operating in, the company confirmed on Wednesday, a move that could help prevent its […]
Wasco Greenergy sees strong bioenergy demand as industries shift to decarbonisation
KUALA LUMPUR: Wasco Greenergy Bhd is positioning itself as a niche integrated bioenergy solutions provider amid rising demand for decarbonisation technologies across the region. Read full story Date: 11 December, […]
JD.com’s Jingdong Industrials opens down 7.8% in Hong Kong debut
HONG KONG: Shares of Jingdong Industrials Inc, a unit of Chinese online retailer JD.com, opened down 7.8% in their Hong Kong Stock Exchange debut on Thursday, after the company raised […]
Apex positive on Cheeding’s RM13.5mil Genting Sempah contract
PETALING JAYA: Apex Securities has maintained its “buy” call on Cheeding Holdings Bhd following the group’s announcement yesterday that it secured a RM13.5mil contract from Tenaga Nasional Bhd (TNB) for […]
Proton’s November sales hit 13,451 units; YTD volume up 3.6%
PETALING JAYA: Proton Holdings Bhd recorded strong November sales of 13,451 units (domestic and export), driven by heightened public attention following the recent launches of the Proton e.MAS 5 and […]
Analysts upbeat on Gamuda’s outlook, highlight RM45bil–RM50bil order book potential
KUALA LUMPUR: Gamuda Bhd fell in early trade Thursday after earnings came in below expectations, but Maybank Investment Bank Research recommended buying the stock on weakness. Read full story Date: […]
Hong Kong central bank cuts interest rate, tracking Fed move
HONG KONG: Hong Kong’s de-facto central bank lowered on Thursday its base interest rate charged via the overnight discount window by 25 basis points to 4.0%, tracking a cut by […]
FBM KLCI opens firmer as Wall Street rallies on Fed rate cut
KUALA LUMPUR: The local bourse opened on a positive note, tracking Wall Street’s overnight advance after the U.S. Federal Reserve trimmed rates by 25 basis points. Read full story Date: […]
Fed rate cut pushes ringgit to four-year peak vs greenback
KUALA LUMPUR: The ringgit opened at its strongest level in more than four years against the greenback after the US Federal Reserve (Fed) cut its benchmark lending rate by 25 […]
Divided Fed lowers rates, signals pause and one 2026 cut as growth rebounds
WASHINGTON: The U.S. Federal Reserve cut interest rates on Wednesday in another divided vote, but signaled it will likely pause further reductions in borrowing costs as officials look for clearer […]