Newsfeed – Business News
Consumer stocks help Bursa shrug off regional market uncertainty
KUALA LUMPUR, June 18 — Bursa Malaysia’s key index finished marginally higher, supported by strong buying interest in consumer-related counters, amid mixed performance across regional markets. At 5 pm, the […]
Waymo to recall 3,800 robotaxis over risk of entering closed construction zones, US auto‑safety regulator says
WASHINGTON, June 18 — Waymo is recalling 3,871 robotaxis in the US after identifying a software issue that could likely cause the vehicles to enter a closed freeway construction zone […]
Malaysia set to sustain record trade momentum as AI‑driven E&E sector powers growth, says Steven Sim
KUALA LUMPUR, June 18 — Malaysia is expected to maintain strong trade momentum in the coming months after recording the best trade performance in the country’s history for the first […]
Perodua cuts service and parts prices by up to 10pc across all models, including EV
KUALA LUMPUR, June 18 — Perusahaan Otomobil Kedua Sdn Bhd (Perodua) is reducing the price of its service maintenance parts, including labour, by up to 10 per cent, beginning June […]
Trump says Apple teaming with Intel on US‑made chips as Washington pushes supply‑chain security
WASHINGTON, June 18 — US President Donald Trump said in a Truth Social post today that Apple has agreed to work with Intel to design and manufacture its chips in […]
Thailand revives RM124.5b coast‑to‑coast corridor to rival Malacca Strait amid investor caution and local pushback
Thailand revives RM124.5b coast-to-coast corridor to rival Malacca Strait Project backers promise faster, cheaper shipping to bypass congested Malacca Strait Investors remain cautious due to high costs, geopolitical sensitivities Local […]
Cook says Apple facing ‘hundred‑year flood’ in AI‑driven chip prices, warns of product hikes
SAN FRANCISCO, June 18 — Outgoing Apple CEO Tim Cook warned that demand for memory chips from the artificial intelligence boom will force the tech giant to increase the prices […]
Bursa Malaysia rises at open on buying in heavyweights despite Wall Street slide
KUALA LUMPUR, June 18 — Bursa Malaysia opened higher today, underpinned by buying in selected heavyweight stocks despite weaker overnight performance on Wall Street. At 9.25 am, the FTSE Bursa […]
Beijing ramps up efforts to take yuan global
China to promote offshore yuan business in Shanghai China improves mechanism to manage money market liquidity China creates yuan liquidity tool for foreign monetary authorities China to issue fresh quota […]
Hackers seeks private buyers for Novo Nordisk data after US$25m ransom fails
FulcrumSec says it is exploring selling parts of the data It says data includes proprietary information on drugs Other data includes source code, AI model information Novo Nordisk disclosed a […]