Newsfeed – Business News
Bursa Malaysia extends winning streak to four days as bargain hunting continues
KUALA LUMPUR, Oct 14 — Bursa Malaysia’s index extended its winning streak to four consecutive days, ending higher today, as bargain hunting continued in banking heavyweights, with the market remaining […]
Asian stocks mostly down as tech firms struggle to claw back losses
HONG KONG, Oct 14 — Asian stocks mostly fell today as investors struggled to claw back the previous day’s steep tech losses following disappointing comments from Dutch giant ASML, with […]
BNM, Securities Commission caution public over deepfake investment scams using senior officers’ identities
KUALA LUMPUR, Oct 14 — Bank Negara Malaysia (BNM) and the Securities Commission Malaysia (SC) have warned the public against deepfake videos impersonating their senior officers to promote private investment […]
IMF chief: Saudi attacks could have negative spillover ‘everywhere’, warns global resilience ‘reaching its limits’
BANGKOK, Oct 14 — International Monetary Fund head Kristalina Georgieva said today that recent attacks on Saudi Arabia could impact people “everywhere”, as conflict in the energy-rich region adds to […]
China spend, US save, Europe invest: IMF chief calls for ‘urgent repairs’ to fiscal house as debt pressures grow
BANGKOK, Oct 14 — The head of the International Monetary Fund today called for countries to make “urgent repairs” to address fiscal balances, as bond yields spike and pressure grows […]
China trade surplus hits US$133.5b as US, EU exports surge, putting record year in reach
BEIJING, Oct 14 — China’s exports soared in September, official data showed today, putting the country on course for a record annual trade surplus that is likely to increase calls […]
British energy giant BP cuts debt as higher oil prices boost finances
LONDON, Oct 14 — British energy giant BP reported yesterday that it had slashed its debt pile as the US-Iran war pushes up oil and gas prices. In a trading […]
Bursa Malaysia opens higher as bargain hunting lifts blue chips
KUALA LUMPUR, Oct 14 — Bursa Malaysia opened higher today, maintaining a cautious but positive tone, supported by continued bargain-hunting activities and resilient domestic fundamentals. At 9.10am, the FTSE Bursa […]
Ringgit opens slightly higher against US dollar as Fed rate outlook softens
KUALA LUMPUR, Oct 14 — The ringgit opened marginally higher against the US dollar today, supported by a weaker US Dollar Index (DXY) as investors reassessed the outlook for US […]
Goldman Sachs profit rises as Wall Street dealmaking and equities rebound
NEW YORK, Oct 14 — Goldman Sachs reported higher third-quarter profit yesterday that topped analyst estimates even as activity moderated from the booming prior quarter. Profit at the New York financial […]