Newsfeed – Business News
Japanese tech giant SoftBank pledges RM347b AI infrastructure investment in Paris, largest ever in EU
PARIS, May 31 — Japanese tech investor SoftBank will spend 75 billion euros (RM347 billion) on artificial intelligence infrastructure in France, its founder Masayoshi Son told a French newspaper in […]
Review hiking SOPs after rise in deaths, missing cases, says Lee Lam Thye
KUALA LUMPUR, May 29 — A comprehensive review of existing standard operating procedures (SOPs) for hiking, trekking and hill-climbing activities nationwide is needed following the rising number of incidents involving […]
Ringgit ends higher against US dollar on renewed risk appetite
KUALA LUMPUR, May 28 — The ringgit ended the week higher against the US dollar today, supported by renewed risk appetite following reports of a possible reopening of the Strait […]
TNB issues RM4b sustainability Sukuk Wakalah
KUALA LUMPUR, May 29 — Tenaga Nasional Bhd (TNB) has issued RM4 billion worth of Sustainability Sukuk Wakalah under its Sukuk Wakalah Programme. In a Bursa Malaysia filing today, the […]
Bursa Malaysia ends lower as late selling hits blue chips
KUALA LUMPUR, May 29 — Bursa Malaysia reversed earlier gains to close marginally lower on Friday, pressured by late selling in blue-chip stocks as investors turned cautious amid ongoing geopolitical […]
India forecasts monsoon rains at 11-year low in 2026, threatening crops and growth
MUMBAI, May 29 — India forecast an El Nino-weakened monsoon in 2026 that will bring the lowest rainfall in 11 years, fuelling concerns over crops, food prices and growth in […]
Pharmacy chain Big Caring’s RM3b IPO looms as Malaysia’s next healthcare bellwether
KUALA LUMPUR, May 29 — Malaysia’s largest pharmacy chain is preparing to test investor appetite with what could become one of the country’s biggest initial public offerings in a decade. […]
Vincent Tan reportedly weighs sale of Prudential Malaysia stake
KUALA LUMPUR, May 29 — Tan Sri Vincent Tan is considering selling his remaining 30 per cent stake in Prudential Assurance Malaysia Bhd, business media company Bloomberg reported today. The […]
Dollar steadies but heads for weekly loss on reports of US-Iran ceasefire deal
HONG KONG, May 29 — The dollar was firm against other major currencies today, but on track to end the week lower, after reports the US and Iran reached an […]
Japan’s yen drifts back to intervention levels as markets test Tokyo’s resolve
TOKYO, May 29 — As Japan’s yen drifts back to levels that prompted official intervention a month ago, markets are sizing up Tokyo’s remaining financial firepower and political will to […]