Newsfeed – Business News
AMD buys ‘Godmother of AI’ Fei-Fei Li’s firm for US$8.2b
SAN FRANCISCO, Sept 29 — Chip maker Advanced Micro Devices announced Monday it has acquired World Labs, an artificial intelligence company founded by Fei-Fei Li, one of the field’s most […]
Ringgit opens slightly higher against US dollar, major currencies amid geopolitical risks
KUALA LUMPUR, Sept 29 — The ringgit opened slightly higher against the US dollar and a basket of major currencies on Tuesday, with elevated geopolitical risks continuing to favour defensive […]
Energy markets spike as Trump rebuffs Iran truce, US yields rise on inflation fears
LONDON, Sept 28 — Oil futures surged more than four per cent today, alongside gains for natural gas and diesel prices, after US President Donald Trump rejected Iran’s offer of […]
Ringgit ends lower against US dollar on hawkish Fed signals
KUALA LUMPUR, Sept 28 — The ringgit ended lower against the US dollar today, weighed down by continued hawkish sentiment surrounding US interest rates. At 6 pm, the ringgit dropped […]
Bursa Malaysia ends marginally lower amid lack of fresh catalysts
KUALA LUMPUR, Sept 28 — Bursa Malaysia ended marginally lower today amid selling activity as the market lacked fresh catalysts to spur investors’ buying interest, an analyst said. At 5 […]
ASNB pays RM1.01b to ASM 3 unitholders, up to 5 sen a unit
KUALA LUMPUR, Sept 28 — Amanah Saham Nasional Bhd (ASNB) has declared a total income distribution of RM1.01 billion for Amanah Saham Malaysia 3 (ASM 3), benefiting 818,137 unitholders who currently own 20.97 billion […]
Oil prices spike after Trump rejects Iran truce offer
HONG KONG, Sept 28 — Oil prices spiked with bond yields today as Donald Trump’s rejection of an Iranian offer of a seven-day truce stoked inflation concerns, while stocks […]
Bursa Malaysia turns marginally at lower mid-morning
KUALA LUMPUR, Sept 28 — Bursa Malaysia turned marginally lower at mid-morning, weighed down by mild selling in selected heavyweights, led by industrial products, utilities and banking counters. At 11.01 am, the FTSE […]
Ringgit dips against US dollar, but mostly higher against major currencies
KUALA LUMPUR, Sept 28 — The ringgit opened mostly higher against major currencies but slightly lower against the US dollar, with geopolitical uncertainties supporting demand for the greenback. At 8am, the ringgit […]
Malaysian pet food startup Notti targets exports for half of sales within three years
KUALA LUMPUR, Sept 28 — Food science nutritionist Yap Ke Yee established Notti Sdn Bhd in July 2023 to address a personal lack of nutritious pet food options in the […]