Newsfeed – Business News
IMF boss warns AI boom could widen global inequality
SINGAPORE, Oct 7 — The global AI boom is fast becoming the key driver of economies around the world but the boom is risking wider global inequality by leaving some […]
Indonesia plans one million hectares of sugarcane for its E20 bioethanol ambition
JAKARTA, Oct 7 — Indonesia will “open new plantations” for sugarcane used in bioethanol production, the government said, even as it announced a halt to deforestation for rice paddy expansion. […]
Is Your K-beauty or K-food real? South Korea’s new QR system will tell you
SEOUL, Oct 7 — South Korea’s president said today the country is taking steps to protect the country’s booming cultural cache, launching a new “K-brand” authentication system that will let […]
India’s central bank breaks three-year pause with rate hike amid Middle East war
MUMBAI, Oct 7 — India’s central bank hiked interest rates for the first time in more than three years today as the Middle East conflict stokes inflation in Asia’s third-largest […]
Bursa slides more than 1pc at midday as oil, foreign selling hammer sentiment
KUALA LUMPUR, Oct 7 — Bursa Malaysia continued its downtrend at midday in line with regional markets amid persistent selling pressure and elevated oil prices. At 12.30pm, the FTSE Bursa […]
Malaysia’s 2026 palm oil output on track to beat target, minister says
KUALA LUMPUR, Oct 7 — Malaysia is on track to exceed its palm oil production target for 2026, following encouraging production performance, said Minister of Plantation and Commodities Datuk Seri […]
Japanese seafood giant Umios bets bigger on Malaysia after taking 51pc stake in Pet World
KUALA LUMPUR, Oct 7 — Umios Corporation, one of the world’s largest fishery and food companies, plans to broaden its footprint in Malaysia with new investments which will expand both […]
Malaysia looks beyond traditional buyers in fresh palm oil expansion drive, with Africa and Middle East in focus
KUALA LUMPUR, Oct 7 — Malaysia will continue to strengthen established palm oil markets and explore opportunities across Africa, Asean, the Middle East and other regions. Minister of Plantation and […]
France and Germany want tougher EU trade powers — China says don’t go there
BEIJING, Oct 7 — China called on France and Germany to steer clear of “protectionist” trade measures yesterday, after their leaders urged the European Union to develop a legal arsenal […]
Four brewers controlling 90pc of Japan’s beer market raided in cartel probe
TOKYO, Oct 7 — Japanese authorities raided four major beer manufacturers today over suspicions they colluded to hike beverage prices in a violation of anti-monopoly laws, a source familiar with […]