Newsfeed – Business News
India’s Adani pays US$18m fine to avoid liability in US corruption trial
NEW DELHI, May 15 — Indian billionaire industrialist Gautam Adani has agreed to pay a multi-million-dollar settlement in a US civil court case linked to corruption without admitting guilt, his […]
India hikes fuel prices as Middle East war strains supplies, first rise since February
New Delhi, May 15 — India’s state-run oil companies raised petrol and diesel prices by more than three per cent today as disruption to energy supplies due to the Iran […]
Teo Nie Ching highlights China–Malaysia partnership as driver of digital economy growth
KUALA LUMPUR, May 15 — Malaysia has invited Chinese enterprises to deepen cooperation with local companies in advanced digital technologies, artificial intelligence (AI), 5G applications and clean energy solutions as […]
Ringgit supported by Malaysia’s strong economic outlook and reform momentum, says BNM
KUALA LUMPUR, May 15 — Malaysia’s firm economic prospects and sustained reform momentum are expected to provide enduring support to the ringgit, while external factors will continue to drive exchange […]
Malaysia defies global slump with 5.4pc Q1 GDP growth
KUALA LUMPUR, May 15 — The Malaysian economy recorded a firm growth of 5.4 per cent in the first quarter of 2026, driven by strong domestic demand and a continued […]
Seven-day ringgit rally stalls as Malaysia’s Q1 GDP numbers loom
KUALA LUMPUR, May 15 — The ringgit snapped a seven-trading-day rally to ease against the US dollar as traders turned cautious ahead of Malaysia’s first-quarter (1Q) 2026 gross domestic product […]
Could Elon Musk cripple OpenAI? US jury weighs battle of the billionaires
OAKLAND, May 15 — Lawyers for Elon Musk and OpenAI presented closing arguments Thursday in a blockbuster trial where the verdict could hobble ChatGPT’s parent company in the breakneck race […]
End of an era: LVMH confirms massive sale of Marc Jacobs brand
NEW YORK, May 15 — French luxury giant LVMH will sell its Marc Jacobs brand to US brand firm WHP Global, the two companies said Thursday. Marc Jacobs, acquired by […]
Penang projects up to 5pc GDP growth in 2026, driven by high-tech sector
GEORGE TOWN, May 14 — Penang’s economy is poised to grow 4 per cent to 5 per cent in 2026, buoyed by the state’s robust high-tech manufacturing sector and continued […]
Perodua targets one million vehicle sales for Malaysia by 2030
RAWANG, May 14 — Perodua has projected Malaysia’s automotive total industry volume (TIV) to be about one million by 2030. President and CEO Datuk Sri Zainal Abidin Ahmad said: “We […]