Newsfeed – Business News
Bursa stays uninspired on final day of results season
KUALA LUMPUR: The sluggish sentiment on Malaysia’s stock market continued on Friday, with the earnings announcements of the past week doing little to halt the corrective pressure. Read full story […]
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KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia. Read full story Date: 30 May, 2025 9:03 am Source: thestar.com.my
Oil falls as investors assess US court ruling on Trump tariffs
Oil prices fell over 1% on Thursday, retreating from earlier gains, as investors weighed the potential effects of a US court ruling that blocked the most sweeping of President Donald Trump’s […]
Wall St ends up after appeals court reinstates Trump tariffs
US stocks ended higher on Thursday as shares of Nvidia gained after its quarterly results, while investors digested a late-afternoon court ruling that reinstated the most sweeping of President Donald Trump’s […]
Nvidia expects US$8bil hit from US chip rules
Nvidia beat sales expectations during its fiscal first quarter but forecast second-quarter revenue below market estimates, expecting an US$8bil hit to sales from tighter US curbs on exports of its […]
London listing advisers shrug off Shein IPO snub
This time last year Britain was mounting a charm offensive on online retailer Shein, with ministers saying they had conversations with the seller of US$5 T-shirts about the benefits of […]
Real Madrid valuation stretches away from rivals
Real Madrid, whose revenue has been supercharged by the revamp of its Santiago Bernabeu stadium, has seen its valuation pull away from its major rivals. Read full story Date: 30 […]
Hailey Bieber sells Rhode to Elf Beauty
Model Hailey Bieber’s makeup and skincare brand, Rhode, is being snapped up by Elf Beauty for about US$1bil, giving the budget cosmetic retailer access to a celebrity-endorsed product line that […]
NYC bankruptcy blamed on interest rates
A portfolio of rent-stabilised New York City (NYC) apartments owned by Joel Wiener was pushed into bankruptcy by “sky-rocketed” interest rates and changes to state housing law that restricted the […]
Bursa Malaysia, Fullgoal HK, CGS MY ink mou to facilitate foreign ETFs listing
KUALA LUMPUR: Bursa Malaysia Bhd, Fullgoal Asset Management (HK) Ltd (Fullgoal HK), and CGS International Securities Malaysia Sdn Bhd (CGS MY) have signed a memorandum of understanding (MoU) to facilitate the […]