Newsfeed – Business News
Malaysian manufacturers’ Budget 2027 wish list: Lower SME taxes, billions for tech and R&D
KUALA LUMPUR, Sept 3 — Lower taxes for small and medium enterprises (SMEs), RM1.5 billion to accelerate smart manufacturing and a RM1 billion fund for industrial research and innovation — […]
Survey finds most Malaysian manufacturers favour GST, saying SST’s cascading taxes raise costs and erode competitiveness
KUALA LUMPUR, Sept 3 — A new survey by the Federation of Malaysian Manufacturers (FMM) has revealed that a significant majority of local manufacturers are calling for a return to […]
US not ‘stealing Venezuelan oil,’ energy secretary insists amid multi‑billion‑dollar pact with Caracas
CARACAS, Sept 3 — US Energy Secretary Chris Wright yesterday dismissed claims that Washington was “stealing Venezuelan oil” after the South American nation granted its northern neighbour access to a […]
Tech bosses press G20 to build AI data centres, but ministers split on risks and community impact concerns
CHAPEL HILL (North Carolina), Sept 3 — Top US tech bosses, including Nvidia chief Jensen Huang and OpenAI’s Sam Altman, urged G20 ministers yesterday to embrace artificial intelligence and build […]
US Fed says ‘positive’ economic outlook but high prices, energy costs add uncertainty
WASHINGTON, Sept 3 — The US Federal Reserve yesterday flagged that while the country’s general economic outlook was positive, heightened uncertainty due to high energy prices, policy issues and the […]
US energy firms sign multi‑billion‑dollar Venezuela deals after Washington gains control over oil reserves
CARACAS, Sept 3 — US energy firms yesterday signed a raft of multi-billion-dollar deals with Venezuela, days after the South American country agreed to grant the United States control of […]
Bursa Malaysia opens higher on financial, plantation and utilities gains ahead of OPR call
KUALA LUMPUR, Sept 3 — Bursa Malaysia opened higher today, supported by gains in financial, plantation and utilities stocks, as investors awaited Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) […]
Ringgit firmer against US dollar ahead of BNM’s OPR decision
KUALA LUMPUR, Sept 3 — The ringgit opened higher against the US dollar today as investors awaited Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) decision on the Overnight Policy […]
US judge rejects bid to break up Google’s ad business in DOJ monopoly case, orders operational changes
WASHINGTON, Sept 3 — A US federal judge yesterday refused to force Google to sell a division of its digital advertising business, rejecting the government’s push to break up part […]
Taiwanese borrow to buy stocks in AI-fuelled frenzy
TAIPEI, Sept 3 — As Taiwan’s stock market soared this year, real-estate worker Lucas Chen borrowed NT$5 million to buy tech shares, and within six months he had quadrupled his […]