Newsfeed – Business News
Ringgit firmer against US dollar ahead of BNM’s OPR decision
KUALA LUMPUR, Sept 3 — The ringgit opened higher against the US dollar today as investors awaited Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) decision on the Overnight Policy […]
US judge rejects bid to break up Google’s ad business in DOJ monopoly case, orders operational changes
WASHINGTON, Sept 3 — A US federal judge yesterday refused to force Google to sell a division of its digital advertising business, rejecting the government’s push to break up part […]
Taiwanese borrow to buy stocks in AI-fuelled frenzy
TAIPEI, Sept 3 — As Taiwan’s stock market soared this year, real-estate worker Lucas Chen borrowed NT$5 million to buy tech shares, and within six months he had quadrupled his […]
Ringgit weakens against US dollar, mixed against other major currencies
KUALA LUMPUR, Sept 2 —The ringgit continued to trade lower against the US dollar on Wednesday but strengthened against the British pound and the euro amid rising global bond yields […]
Bursa Malaysia ends higher on bargain hunting ahead of Bank Negara rate decision
KUALA LUMPUR, Sept 2 — Bursa Malaysia ended higher today on bargain hunting following the recent sell-off, ahead of Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) decision tomorrow. At […]
Malaysia’s OGSE sector must go global to stay competitive, says Malaysia Petroleum Resources Corporation
KUALA LUMPUR, Sept 2 — Malaysia’s oil and gas services and equipment (OGSE) sector must evolve from being capable suppliers into globally competitive players, said the Malaysia Petroleum Resources Corporation […]
AirAsia expands Europe network with Turkiye’s Pegasus Airlines codeshare via Istanbul
KUALA LUMPUR, Sept 2 — AirAsia has launched its first codeshare partnership with Turkiye’s low-cost carrier (LCC), Pegasus Airlines, connecting Southeast Asia and Europe via Istanbul. The partnership will progressively […]
BP appoints new chairman after predecessor ousted over governance concerns
LONDON, Sept 2 — British oil giant BP on Wednesday made Ian Tyler its permanent chairman after he stepped into the role following the sudden removal of Albert Manifold over […]
Nestlé to sell vitamins business to private equity firm for US$1b
ZURICH, Sept 2 — Nestlé on Tuesday said it has agreed to divest its mainstream Vitamins, Minerals and Supplements (VMS) business, the Holistic Health portfolio, to private equity firm Yellow […]
G20 finance chiefs wrap talks with US defending Russia’s participation
ASHEVILLE (United States), Sept 2 — G20 finance leaders closed their two-day gathering on Tuesday with a statement that all but China backed in full, as Washington insisted that the […]