Newsfeed – Business News
Ringgit eases ahead of US payrolls report amid fresh tensions in West Asia
KUALA LUMPUR, May 8 — The ringgit eased against major and regional currencies including the US dollar at the close on Friday as investors remain cautious ahead of the United […]
Bursa slips after five-day rally as US-Iran tensions rattle markets
KUALA LUMPUR, May 8 — Bursa Malaysia snapped a five-day rally to close lower on Friday on profit-taking and in line with weaker global markets as renewed military developments between […]
Indonesia sees US$3.3b foreign inflows as central bank steps up rupiah defence
JAKARTA, May 8 — Indonesia recorded US$3.3 billion (RM12.9 billion) in net foreign portfolio inflows from January to April, driven by inflows into Bank Indonesia Rupiah Securities (SRBI) as the […]
Amazon cloud unit races to fix cooling at Virginia data centre; Coinbase services hit
SAN FRANCISCO, May 8 — Amazon’s cloud unit said yesterday it was actively working to restore temperatures to normal levels at a data centre in North Virginia after overheating disrupted […]
Ringgit opens higher against euro, pound, yen; slips vs greenback
KUALA LUMPUR, May 8 — The ringgit opened higher against most major currencies but eased versus the US dollar as investors remained cautious following renewed escalation in the West Asia […]
Bursa Malaysia opens marginally lower on cautious trade
KUALA LUMPUR, May 8 — Bursa Malaysia opened marginally lower today, as buying was interspersed with selling in selected heavyweight stocks due to uncertain geopolitical developments. At 9.10 am, the […]
Trump gives EU July 4 deadline to ratify trade deal or face ‘much higher’ tariffs
WASHINGTON, May 8 — President Donald Trump yesterday said the European Union must ratify its trade deal with the United States by July 4 or face “much higher” tariffs, after […]
Amazon Web Services says overheating at North Virginia data centre disrupts services
SAN FRANCISCO, May 8 — Amazon’s cloud unit, Amazon Web Services, said yesterday it was working to restore normal temperatures at a data centre in North Virginia after overheating disrupted […]
Google faces new £3b UK lawsuit over online display advertising
LONDON, May 8 — Google faces a fresh UK lawsuit accusing it of abusing its dominance in online display advertising, the claimants announced yesterday, in the latest antitrust action against […]
US trade court rules Trump tariffs illegal, but limits block to two importers and Washington state
US trade court rules Trump tariffs illegal, but issues narrow block Court blocks tariffs on three importers Court denies states’ bid to block Trump tariffs broadly NEW YORK, May 8 […]