Newsfeed – Business News
Getty Images plans bankruptcy restructuring as owners pledge US$533m to cut debt
NEW YORK, Oct 13 — US photography company Getty Images announced Monday that it had reached an agreement with major lenders to restructure its debt, take the company private and […]
Houthi attacks push oil over US$100 as investors brace for US inflation data
NEW YORK, Oct 13 — Oil prices rose on Monday as Yemen’s Iran-backed Houthi movement launched additional strikes on Saudi Arabia, adding to worries about tight global supplies heading into […]
Startups are betting on AI to predict the future
NEW YORK, Oct 13 — Several startups are betting that they can leverage artificial intelligence (AI) to make better forecasts than even the most specialized experts when it comes to topics […]
Ringgit gains against US dollar, other major currencies on Budget 2027 optimism
KUALA LUMPUR, Oct 12 — The ringgit closed higher against the US dollar and other major currencies today, supported by positive market sentiment following the Budget 2027 announcement last week, […]
Banking stocks lift Bursa Malaysia on Budget 2027 measures
KUALA LUMPUR, Oct 12 —Bursa Malaysia continued last week’s positive performance, led by bargain hunting in banking stocks as Budget 2027 offered additional support through measures targeting small and medium enterprises […]
EU to cap Chinese hybrid vehicle imports at 350,000 a year
BRUSSELS, Oct 12 — The European Union will cap imports of hybrid vehicles from China to 350,000 a year, a senior EU official said today, after Brussels and Beijing agreed […]
Oil prices fall on Trump’s ‘energy ceasefire’ claim, Asian markets mixed
HONG KONG, Oct 12 — Stock markets were mixed today as oil prices fell after Donald Trump announced an “energy ceasefire” between Russia and Ukraine, which offset a fresh wave […]
Nikkei: France’s Thales to build maintenance base in Japan in first for foreign defence firm
TOKYO, Oct 12 — French defence contractor Thales will establish a maintenance and operational support base in Japan in what is seen as the first such move by a foreign […]
IMF, World Bank gather in Bangkok as Iran war energy shock collides with AI boom
BANGKOK, Oct 12 — Finance ministers and central bankers meet in Bangkok this week for the annual gatherings of the International Monetary Fund and World Bank, with the global economy […]
Bursa Malaysia rises at open as Budget 2027 lifts sentiment, Wall Street tech stocks rebound
KUALA LUMPUR, Oct 12 — Bursa Malaysia opened higher today, buoyed by positive sentiment following Budget 2027 and overnight gains on Wall Street, where a rebound in technology stocks and […]