Newsfeed – Business News
Bitcoin plunges below US$60,000 for first time since October 2024 as Strategy offloads its share
WASHINGTON, June 6 — Bitcoin dropped below US$60,000 (RM241,800) on Friday, its lowest level since October 2024, just before Donald Trump’s election, which propelled it to a record high. The […]
A hundred tonnes a day stuck: Thai shrimp farmers warn of ‘severe delays’ as Malaysia halts imports
BANGKOK, June 6 — Thailand’s shrimp industry has urged the government to engage directly with Malaysia to resolve a trade dispute that has led to a ban on Thai shrimp […]
Indonesian hotel chain Archipelago International leaves Cuba as Trump deadline looms
JAKARTA, June 6 — Indonesian hotel chain Archipelago International has confirmed its exit from Cuba citing US sanctions, with the group telling AFP on Friday it may resume operations “if […]
Rocket company turned AI landlord: SpaceX lands US$30b Google computing deal
WASHINGTON, June 6 — SpaceX on Friday signed a blockbuster cloud computing agreement under which Google will pay the Elon Musk-founded rocket company US$920 million (RM3.704 billion) per month for […]
From fry to fly: Japan’s scramble for sustainable jet fuel starts at home
TOKYO, June 6 — Japanese homemaker Maki Watanabe carefully pours into a plastic bottle the oil she used to cook her deep-fried aubergines, doing her part in her Tokyo kitchen […]
China’s solar heavyweights are chasing their next billion in batteries
SHANGHAI, June 5 — China’s major solar panel manufacturers are ramping up higher-margin battery exports to boost revenue as growth in photovoltaic (PV) sales slows, betting on rising global demand […]
‘Error 1009’: China and Hong Kong users unable to access SpaceX website, IPO documents as US$1.75t valuation looms
SpaceX IPO marketing materials inaccessible, Reuters review finds IT expert says rare block is likely a company decision Musk’s China popularity contrasts with US scrutiny over alleged Chinese investment HONG […]
Samsung plans US$4b Vietnam chip‑testing facility as AI demand surges
HANOI, June 5 — Samsung plans to invest up to US$4 billion (RM16.1 billion) in a Vietnam chip-testing plant, according to company documents obtained by AFP today, as the South […]
Tourism Malaysia MyCEB step up Central Asia outreach as Visit Malaysia 2026 gets underway
KUALA LUMPUR, June 5 — The Malaysia Convention & Exhibition Bureau (MyCEB) and Tourism Malaysia have expanded their presence in Central Asia following successful inaugural business events seminars in Kazakhstan […]
Ringgit retreats on rising fuel prices, geopolitical risks
KUALA LUMPUR, June 5 — The ringgit ended lower against the US dollar today amid cautious sentiment over lingering geopolitical uncertainty in West Asia and rising fuel prices. At 6 […]