Newsfeed – Business News
MAHB: Malaysia adds four new international flight routes to China and Indonesia
KUALA LUMPUR, June 25 — Malaysia strengthened its air connectivity with China and Indonesia through the launch of four new international services by Hainan Airlines, China Eastern Airlines, Wings Air […]
YTL AI Labs powers Yes to become Malaysia’s AI-first telco
KUALA LUMPUR, June 25 — YTL Power International Bhd’s Artificial Intelligence (AI) Labs (YTL AI Labs) has partnered with YTL Communications’ mobile operator Yes to bring ILMUchat, Malaysia’s AI, to […]
Matrade inks partnership with CAIQ Biosecurity under MCGI, boosting MSME exports to China
KUALA LUMPUR, June 25 — The Malaysia External Trade Development Corporation (Matrade) today signed a collaboration agreement with CAIQ Biosecurity Sdn Bhd under the Malaysia-China Gateway Initiative (MCGi), enhancing technical […]
Why cheaper oil is good news for Malaysia, according to analysts
KUALA LUMPUR, June 25 — Falling crude oil prices are expected to ease inflationary pressures in Malaysia and globally, reducing concerns that central banks may need to keep interest rates […]
China’s top auditor flags billions in tax evasion and illegal loans at state banks
BEIJING, June 25 — Two of China’s top state-owned banks, which are among the world’s largest financial institutions, have evaded billions of yuan in tax and issued illegal loans, according […]
AI chip giants spark Asian market rally after strong earnings
SINGAPORE, June 25 — Asian equities surged today after strong earnings and forecasts from chip giants Micron and Qualcomm helped alleviate some concerns over the red-hot AI rally that has […]
Bursa starts higher as bargain hunting offsets cautious sentiment
KUALA LUMPUR, June 25 — Bursa Malaysia extended gains at Thursday’s open, supported by bargain hunting in utilities and telecommunications stocks. At 9.11am, the benchmark FTSE Bursa Malaysia KLCI (FBM […]
Adidas scores early victory over Nike in World Cup brand showdown
NEW YORK, June 25 — As the World Cup brand battle heats up, sportswear giant Adidas appears to be getting a bigger boost than rival Nike, early data show. Both […]
Musk’s trillionaire crown lasts less than two weeks after SpaceX rout
NEW YORK, June 25 — Elon Musk has slipped below the US$1 trillion (RM4.2 trillion) net worth mark less than two weeks after becoming the world’s first trillionaire, as a […]
Ringgit extends gains at open on stronger FDI data ahead of key US inflation report
KUALA LUMPUR, June 25 — The ringgit opened firmer against the US dollar today, extending yesterday’s gains as investor sentiment improved after data showed Malaysia’s foreign direct investment (FDI) surged […]