Newsfeed – Business News
ART ratification delayed as Washington opens probe
Ratifying the Agreement on Reciprocal Trade (ART) with the United States is not on the near-term agenda, a government spokesman says, as Indonesia is prioritising countering the new Section 301 […]
Tencent to double AI spending after 13% growth
Tencent Holdings Ltd plans to at least double investments in artificial intelligence (AI) to more than 36 billion yuan in 2026, underscoring a big bet on OpenClaw-style agents to seize […]
Digital asset market attracts major players
Vietnam’s first digital asset market is witnessing an unprecedented influx of large-scale financial alliances, as leading corporations and financial ecosystems position themselves for a foothold in what is shaping up […]
Value-accretive landbank can spur IOIPG’s profit
IOI Properties Group Bhd’s (IOIPG) current active land-monetisation exercise is seen as a positive catalyst for the group to unlock the value of its landbank and provide meaningful earnings visibility […]
Paramount’s latest land acquisition a positive
Analysts are mostly constructive about Paramount Corp Bhd’s latest acquisition of a strategic freehold landbank in Jalan Ampang, Kuala Lumpur given its close proximity to the group’s previously successful property […]
Lynas’ first batch of samarium ups rare earth clout
Lynas Rare Earths Ltd has started producing samarium – a metal used across advanced industries – at its plant in Malaysia, bolstering the company’s standing as an alternative to China […]
Philippine wealth fund favours physical assets
The Philippines’ sovereign wealth fund says investing in physical assets like metals makes increasing sense against the backdrop of a war in Iran that’s playing havoc with the nation’s fuel […]
Wall St set to open lower as soaring oil prices, Fed caution rattle investors
Wall Street’s main indexes were set to open lower on Thursday as crude prices soared on intensifying Middle East hostilities, reviving inflation worries that have prompted the Federal Reserve to […]
Teamstar acquires semi-detached factory for RM7.38mil
PETALING JAYA: Teamstar Bhd is acquiring a semi-detached factory (also known as the Meranti Jaya Warehouse) measuring approximately 14,522 sq ft within Lake 6 Entrepreneurs’ Park II in Puchong, Selangor, […]
Ringgit eases against greenback after US Fed keeps interest rates unchanged
KUALA LUMPUR: The ringgit eased against the US dollar at Thursday’s close following the United States Federal Reserve’s (Fed) decision to keep interest rates unchanged, providing support to the greenback. […]