Newsfeed – Business News
US tariffs of up to 100pc on drones take effect as Washington targets China‑dominated industry
WASHINGTON, Sept 3 — New US tariffs of up to 100 per cent took effect today on drones and certain components, as Washington pushes to lower its import reliance in […]
Proton posts best monthly sales in 16 years as EVs, exports surge
SUBANG JAYA, Sept 3 — Proton sold more cars to Malaysian buyers in August than in any other month in its history, while total group sales reached 22,632 units — […]
Malaysian manufacturers still hit by West Asia war as firms shift raw‑material sourcing to Singapore, China, survey finds
KUALA LUMPUR, Sept 3 — The West Asia war continues to cast a shadow over Malaysia’s manufacturing sector, with a vast majority of firms reporting that global instability remains a […]
Malaysian manufacturers’ Budget 2027 wish list: Lower SME taxes, billions for tech and R&D
KUALA LUMPUR, Sept 3 — Lower taxes for small and medium enterprises (SMEs), RM1.5 billion to accelerate smart manufacturing and a RM1 billion fund for industrial research and innovation — […]
Survey finds most Malaysian manufacturers favour GST, saying SST’s cascading taxes raise costs and erode competitiveness
KUALA LUMPUR, Sept 3 — A new survey by the Federation of Malaysian Manufacturers (FMM) has revealed that a significant majority of local manufacturers are calling for a return to […]
US not ‘stealing Venezuelan oil,’ energy secretary insists amid multi‑billion‑dollar pact with Caracas
CARACAS, Sept 3 — US Energy Secretary Chris Wright yesterday dismissed claims that Washington was “stealing Venezuelan oil” after the South American nation granted its northern neighbour access to a […]
Tech bosses press G20 to build AI data centres, but ministers split on risks and community impact concerns
CHAPEL HILL (North Carolina), Sept 3 — Top US tech bosses, including Nvidia chief Jensen Huang and OpenAI’s Sam Altman, urged G20 ministers yesterday to embrace artificial intelligence and build […]
US Fed says ‘positive’ economic outlook but high prices, energy costs add uncertainty
WASHINGTON, Sept 3 — The US Federal Reserve yesterday flagged that while the country’s general economic outlook was positive, heightened uncertainty due to high energy prices, policy issues and the […]
US energy firms sign multi‑billion‑dollar Venezuela deals after Washington gains control over oil reserves
CARACAS, Sept 3 — US energy firms yesterday signed a raft of multi-billion-dollar deals with Venezuela, days after the South American country agreed to grant the United States control of […]
Bursa Malaysia opens higher on financial, plantation and utilities gains ahead of OPR call
KUALA LUMPUR, Sept 3 — Bursa Malaysia opened higher today, supported by gains in financial, plantation and utilities stocks, as investors awaited Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) […]