Newsfeed – Business News
Bursa Malaysia climbs at open as banks lead gains ahead of Bank Negara OPR decision
KUALA LUMPUR, May 7 — Bursa Malaysia opened higher on Thursday, supported by buying interest in banking and financial stocks ahead of Bank Negara Malaysia’s Overnight Policy Rate (OPR) announcement […]
Japan’s Nikkei surges 4pc on hopes of US-Iran deal
TOKYO, May 7 — Japan’s Nikkei index of shares surged more than four per cent on Thursday on hopes of a deal between Iran and the United States and on […]
Ringgit opens at 3.905 against US dollar, nears RM3.90 as traders await Bank Negara OPR decision
KUALA LUMPUR, May 7 — The ringgit extended yesterday’s momentum to open higher on Thursday, amid expectations that it could appreciate further today. Market consensus opines that Bank Negara Malaysia […]
AirAsia goes big: Airbus confirms record 150-jet A220 order
KUALA LUMPUR, May 7 — Airbus has confirmed today that AirAsia Bhd has placed an order for 150 A220 aircraft, the largest order for the model so far. Lars Wagner, […]
Fernandes bets big on future with US$19b AirAsia-Airbus deal
KUALA LUMPUR, May 7 — AirAsia Bhd’s order for 150 A220 jets will cost the airline around US$19 billion (RM75 billion), its advisor Tan Sri Tony Fernandes said. Fernandes, who […]
Iran war sends China factory costs soaring, raising risk of pricier goods worldwide
FOSHAN (China), May 7 — Vacuum cleaners and vapes could get more expensive if the Iran war drags on for much longer, Chinese factory owners and traders warn, as the […]
India, Vietnam set US$25b bilateral trade target by 2030, says Modi
NEW DELHI, May 6 — India and Vietnam are looking to ramp up bilateral trade to US$25 billion (RM98 million) by 2030, Prime Minister Narendra Modi said today, following talks […]
Ringgit continues upward momentum ahead of BNM’s OPR decision
KUALA LUMPUR, May 6 — The ringgit continued its upward momentum, closing mostly higher against most major currencies and regional peers on improved sentiment as investors await the decision on […]
Indonesia eyes under‑16 ban on e‑commerce platforms amid scam concerns, says minister
JAKARTA, May 6 — Indonesia’s government is mulling an e-commerce ban for under-16s, the communications minister told AFP today, hot on the heels of Jakarta imposing a sweeping social media […]
Bursa Malaysia closes higher as West Asia tensions ease
KUALA LUMPUR, May 6 — Bursa Malaysia closed higher today as easing West Asia tensions lifted overall market sentiment and encouraged a broader risk-on tone across regional equities, said an […]