Newsfeed – Business News
Ringgit opens slightly higher against US dollar
KUALA LUMPUR, Oct 6 — The ringgit opened slightly higher against the US dollar on Tuesday, although the greenback remained supported by expectations of higher US interest rates. At 8am, the […]
Ringgit rises against Asean currencies but slips against US dollar
KUALA LUMPUR, Oct 5 — The ringgit closed higher against most Asean currencies but eased against the US dollar on Monday, amid renewed concerns over France’s public finances following a […]
Switzerland moves towards referendum on Malaysia trade deal amid palm oil, labour concerns
GENEVA, Oct 5 — Switzerland looks on course Monday to hold a referendum on a trade deal with Malaysia, with opponents believing the agreement endangers tropical rainforests and lacks proper […]
Bursa Malaysia edges higher as risk appetite improves
KUALA LUMPUR, Oct 5 — Bursa Malaysia closed slightly higher today, in line with upbeat regional markets, as improved risk appetite was supported by softer US labour data, that reduced […]
Abang Johari says Sarawak semiconductor chips enter Chinese electricity meter market
KUCHING, Oct 5 — Sarawak semiconductor chips have now entered the Chinese market for use in electricity meters, said Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg. He said […]
Zetrix AI shares fall 35pc after JPJ suspends services through collection agents
KUALA LUMPUR, Oct 5 — Zetrix AI Bhd’s share price fell during mid-morning trading following the Road Transport Department’s (JPJ) suspension of MyEG Sdn Bhd and Zetrix AI Bhd’s […]
Bursa Malaysia gains on Wall Street lead as weak US payrolls temper Fed rate hike expectations
KUALA LUMPUR, Oct 5 — Bursa Malaysia opened higher on Monday, tracking Wall Street’s gains after softer US payroll growth eased expectations of an immediate Federal Reserve rate increase. […]
Ringgit opens higher against US dollar as weak US jobs data weighs on greenback
KUALA LUMPUR, Oct 5 — The ringgit opened higher against the US dollar on Monday, following reduced expectations of a United States Federal Reserve (Fed) interest rate hike amid […]
China slams US ‘lie’ over Starbucks stores in Xinjiang
BEIJING, Oct 4 — China’s foreign ministry accused a US congressional committee yesterday of “fabricating claims” after its chairman called on Starbucks to shutter two newly opened cafes in Xinjiang […]
IEA: 325 million barrels of oil from strategic reserves released to ease Middle East energy crisis
PARIS, Oct 4 — The International Energy Agency said yesterday that member countries had so far released 325 million barrels of oil and oil-derivative products from strategic reserves, from 400 […]