Newsfeed – Business News
US auto industry sees modest gains, lingering uncertainty as suppliers bear the brunt under Trump tariffs
NEW YORK, Oct 4 — President Donald Trump has claimed a “roaring comeback” in American auto manufacturing following aggressive trade policy, but analysts view the cumulative impact as more of […]
Aramco facility fire amid Houthi attacks sparks new concerns over Saudi oil security
RIYADH, Oct 4 — Flames and smoke were seen rising from a facility belonging to Saudi oil giant Aramco south of the kingdom’s capital Riyadh yesterday, an AFP journalist said. […]
Vietnam’s growth hits 9.95pc, fastest in four years, as exports jump 24.5pc
HANOI, Oct 3 — Vietnam’s quarterly growth surged to 9.95 per cent in the July-September period, up from 8.81 per cent in the previous three months and the fastest pace […]
Beijing turns up trade heat on EU with fresh anti-dumping investigation days before crucial talks
BEIJING, Oct 3 — China’s commerce ministry launched an anti-dumping investigation into imports of a widely used production chemical from the European Union today, less than a week before the […]
Argentina wants foreign cash — and is offering citizenship in return
BUENOS AIRES, Oct 3 — Argentine President Javier Milei’s government said yesterday that the country would offer citizenship to foreigners who invest at least US$350,000 (RM1.5 million) in the country. […]
US carmakers are getting squeezed — and Chinese brands are waiting outside
NEW YORK, Oct 3 — Major US automakers have watched their domestic market share shrink even more thanks to their Asian competitors — a situation that may worsen if Chinese […]
G20 splits over industrial overcapacity, an issue often aimed at China
WASHINGTON, Oct 3 — The US G20 presidency said yesterday it was “severely disappointed” that some members rejected a statement this week for action against excess industrial capacity, a criticism […]
Bursa looks for a floor next week after 40-point weekly slide
KUALA LUMPUR, Oct 3 — Bursa Malaysia’s key index is expected to hover within the 1,620-1,650 range next week, with selective accumulation of quality blue-chip stocks likely to emerge on […]
Weak US jobs data gives ringgit a shot at RM4.07 next week
KUALA LUMPUR, Oct 3 — The ringgit is expected to strengthen against the US dollar next week, trading in the range of RM4.07 to RM4.08, as weaker-than-expected US employment data […]
US regulator finds Boeing 737 MAX software bug ‘not a safety concern’
NEW YORK, Oct 3 — A software bug that delayed the US certification of Boeing’s 737 MAX 10 aircraft does not pose a safety concern, the Federal Aviation Administration (FAA) […]