Newsfeed – Business News
Ringgit closes softer against major currencies on oil volatility, US Fed stance
KUALA LUMPUR, April 30 — The ringgit eased against most currencies, including the US dollar, as investors shifted towards safe-haven assets amid concerns over volatile crude oil prices. At 6 […]
Late buying lifts Bursa Malaysia as firmer oil prices support energy counters
KUALA LUMPUR, April 30 — Last-minute buying lifted Bursa Malaysia’s benchmark index, reversing earlier losses as higher oil prices boosted sentiment for energy- and chemical-related counters. Rakuten Trade Sdn Bhd […]
Taiwan GDP surges 13.7pc in Q1 2026, fastest growth since 1987
TAIPEI, April 30 — Taiwan’s economy saw double-digit growth in the first three months of 2026 thanks to robust demand for artificial intelligence technology, data showed Thursday, despite concerns over […]
Brent crude surges past US$126 as Trump signals no end in sight to Hormuz impasse
HONG KONG, April 30 — Oil prices soared more than five per cent to a fresh four-year high Thursday while stocks fell after Donald Trump warned the US blockade of […]
Bursa Malaysia under pressure after Trump signals months-long Iran deadlock
KUALA LUMPUR, April 30 — Bursa Malaysia traded choppily in early dealings, with sentiment cautious amid external uncertainties, traders said. Tensions in West Asia and elevated oil prices weighed after […]
Alphabet beats Wall St estimates as Google Cloud surges 63pc on AI demand
NEW YORK, April 30 — Alphabet topped Wall Street estimates for quarterly revenue on Wednesday, as enterprise spending on artificial intelligence delivered the best quarter of reported growth for its […]
Ringgit dips toward 3.96 versus dollar as global uncertainty mounts
KUALA LUMPUR, April 30 — The ringgit opened lower against the US dollar and was mixed against other currencies, as support from firmer oil prices was offset by broad dollar […]
Defying Trump, Powell ends term with rates on hold, keeps Fed board seat in break from tradition
WASHINGTON, April 30 — Federal Reserve Chair Jerome Powell closed out eight years as head of the US central bank on Wednesday with interest rates on hold, rising concern about […]
Maxis unit extends RM202m shareholder advance to DNB for spectrum, 5G needs
KUALA LUMPUR, April 29 — Maxis Bhd’s wholly owned subsidiary Maxis Broadband Sdn Bhd has provided an additional shareholder advance of RM202 million to Digital Nasional Bhd (DNB). In a filing […]
Hong Kong stock exchange posts record quarterly profit as IPO boom continues
HONG KONG, April 29 — Hong Kong’s stock exchange posted a record quarterly profit in the first three months of 2026, its operator said Wednesday, as the finance hub remains […]