Newsfeed – Business News
Trump wants a smaller US trade gap, AI demand is pulling it the other way
WASHINGTON, Sept 4 — The US trade deficit in July widened to its largest since March 2025, government data showed yesterday, as imports climbed on the back of the booming […]
India’s economy is booming on paper — so why is its GDP figure under scrutiny?
NEW DELHI, Sept 4 — India’s stronger-than-expected economic growth figures have come under scrutiny after a former senior finance ministry official said the headline number may have been boosted by […]
Bursa takes a breather at open after two straight sessions of gains
KUALA LUMPUR, Sept 4 — Bursa Malaysia opened lower on Friday as investors took profits after two straight sessions of gains, although broader market sentiment remained supported by positive market […]
‘Sweet spot’ economy gives ringgit a lift at open after BNM rate hold
KUALA LUMPUR, Sept 4 — The ringgit opened firmer against the US dollar on Friday, buoyed by improved sentiment after Bank Negara Malaysia (BNM) kept its overnight policy rate (OPR) […]
Volkswagen to cut 100,000 jobs by end of decade in biggest-ever auto industry restructuring
FRANKFURT, Sept 4 — German car giant Volkswagen said yesterday that management and unions had agreed to cut a total of 100,000 jobs by the end of the decade, the […]
Nvidia buys Hugging Face for US$12.9b — and tightens its grip on the AI ecosystem
WASHINGTON, Sept 4 — Nvidia announced yesterday it will buy artificial intelligence platform Hugging Face for US$12.9 billion (RM52 billion), as the chipmaking giant seeks to diversify its hold on […]
Ringgit ends marginally higher against US dollar after BNM maintains OPR
KUALA LUMPUR, Sept 3 — The ringgit ended marginally higher against the US dollar on Thursday, supported by Bank Negara Malaysia (BNM) maintaining the overnight policy rate (OPR). The Malaysian […]
US tariffs of up to 100pc on drones take effect as Washington targets China‑dominated industry
WASHINGTON, Sept 3 — New US tariffs of up to 100 per cent took effect today on drones and certain components, as Washington pushes to lower its import reliance in […]
Proton posts best monthly sales in 16 years as EVs, exports surge
SUBANG JAYA, Sept 3 — Proton sold more cars to Malaysian buyers in August than in any other month in its history, while total group sales reached 22,632 units — […]
Malaysian manufacturers still hit by West Asia war as firms shift raw‑material sourcing to Singapore, China, survey finds
KUALA LUMPUR, Sept 3 — The West Asia war continues to cast a shadow over Malaysia’s manufacturing sector, with a vast majority of firms reporting that global instability remains a […]