Newsfeed – Business News
Blackstone-owned AirTrunk eyes RM9b financing for massive Johor data centre, report says
KUALA LUMPUR, May 14 — Australian data centre company AirTrunk, which is owned by US-based Blackstone, is reportedly seeking a US$2.3 billion (about RM9.04b) loan to finance a major data centre project in […]
AI chip firm Cerebras launches Wall Street debut as biggest US IPO of 2026
NEW YORK, May 14 — US chip startup Cerebras Systems announced that its listing on Wall Street will start Thursday at US$185 per share, raising about US$5.5 billion, the largest […]
Indian pharma firms linked to export of powerful opioids fuelling West Africa drug crisis
NEW DELHI, May 14 — Indian pharmaceutical firms are exporting millions of dollars’ worth of powerful opioids to west Africa despite a promised crackdown, an AFP investigation found Thursday, with […]
Germany looks to deepen investment in Johor-Singapore SEZ amid global supply chain realignment
ISKANDAR PUTERI, May 14 — Johor is increasingly being viewed as a strategic gateway into Asean as Germany seeks to diversify global supply chains and expand investment partnerships in the […]
Ringgit opens higher for seventh straight day ahead of Trump-Xi talks in Beijing
KUALA LUMPUR, May 14 — The ringgit opened higher against the US dollar for a seventh straight trading day ahead of the high-stakes meeting between US President Donald Trump and […]
Samsung says image supplied by partner as Dua Lipa sues for copyright and publicity abuse
LONDON, May 14 — Electronics giant Samsung has said “we deny any allegations of intentional misuse” after lawyers for pop star Dua Lipa announced they would sue the company for […]
In India, heat-triggered insurance offers ‘some relief’
AHMEDABAD (India), May 14 — Clothes seller Lata Solanki used to face a devastating choice when India’s summer heat hit dangerous levels: risk her health going door-to-door for sales, or […]
Report claims BYD in bid to buy European factories, talking Stellantis among others
PARIS, May 13 — Chinese electric vehicle giant BYD is talking with Jeep-maker Stellantis and other carmakers on taking over their EU plants as part of its international expansion drive, […]
H&M to move South-east Asia hub to Kuala Lumpur, announces layoffs for 30pc of regional support headcount
SINGAPORE, May 13 – H&M has announced a major restructuring of its Asia-Pacific operations, relocating its South-east Asia regional headquarters from Singapore to Kuala Lumpur and eliminating approximately 30 per […]
Ringgit closes higher against US dollar, major currencies as expectations mount for Trump-Xi meeting
KUALA LUMPUR, May 13 — The ringgit closed higher against the US dollar and other major currencies today, supported by improved sentiment towards Asian currencies ahead of the high-stakes meeting […]