Newsfeed – Business News
Oil prices rise on Iran peace jitters as tech rally lifts global stocks
HONG KONG, June 3 — Oil prices extended gains Wednesday as Middle East peace talks stuttered, though stocks mostly rose on the back of continued demand for all things linked […]
Japan backs US$19b package to cushion Iran war impact on households
TOKYO, June 3 — Prime Minister Sanae Takaichi’s government backed on Wednesday US$19 billion (RM75.65 billion) in additional spending to help Japanese households struggling with soaring everyday costs driven by […]
US proposes tariffs on Malaysia, 59 other economies over forced labour concerns
WASHINGTON, June 3 — The United States has proposed new tariffs targeting Malaysia and 59 other economies over alleged failures to act against forced labour, as it moves to rebuild […]
Bargain hunting lifts Bursa Malaysia after long break, Wall Street leads
KUALA LUMPUR, June 3 — Bursa Malaysia opened higher on Wednesday as investors engaged in bargain hunting following the extended market closure last week, while positive sentiment from Wall Street’s […]
SpaceX targets US$75b IPO at US$135 per share
NEW YORK, June 3 — SpaceX plans to raise US$75 billion (RM298 billion) in its initial public offering by selling 555.6 million shares at a target price of US$135 per […]
Ringgit slips against dollar as strong US data dims Fed rate-cut hopes
KUALA LUMPUR, June 3 — The ringgit opened slightly lower against the US dollar on Wednesday as better-than-expected United States (US) economic data and uncertainty in West Asia kept the […]
India says US trade deal is ‘99pc complete’ as negotiators meet in New Delhi
NEW DELHI, June 2 — India and the United States are “about 99 per cent” done with the first tranche of a trade deal, the commerce minister said, as […]
Google parent Alphabet launches US$80b fundraising drive to boost AI infrastructure
SAN FRANCISCO, June 2 — Google parent Alphabet announced yesterday it plans to raise up to US$80 billion in stock to fund a major expansion of its artificial intelligence […]
Anthropic files for IPO as AI boom fuels race for billions in fresh funding
SAN FRANCISO, June 2 — AI giant Anthropic, the maker of the Claude chatbot, announced yesterday that it had filed confidentially for an initial public offering (IPO), as Silicon […]
Oil prices climb as US reportedly hardens stance in Iran peace talks
TOKYO, June 1 — Oil prices rose as markets reopened today following weekend reports that the United States had hardened its negotiating terms with Iran to end the Middle East […]