Newsfeed – Business News
Tesla shares tumble after Musk’s cryptic robotaxi claims and spending frenzy
NEW YORK, July 23 — Tesla reported weaker-than-expected quarterly profits on Wednesday despite increased auto sales, depressing shares in after-hours trading amid questions over massive capital spending plans. Elon Musk’s […]
Bursa Malaysia ends lower amid profit-taking, higher oil prices
KUALA LUMPUR, July 22 — Bursa Malaysia closed lower on Wednesday as investors continued to take profit following the recent rally, while elevated crude oil prices and lingering geopolitical tensions […]
Higher oil prices lift ringgit against US dollar, major currencies
KUALA LUMPUR, July 22 — The spike in crude oil prices helped lift the ringgit, which finished higher against the US dollar and other major currencies at today’s close. At […]
Mynews buys Rawang industrial land for RM24.7m to build new distribution centre
KUALA LUMPUR, July 22 — Mynews Holdings Bhd’s wholly owned subsidiary Mynews Retail Sdn Bhd has entered into a sale and purchase agreement (SPA) with Thung Hing Metal Industry […]
Brent crude surges to one-month high as Iran attacks US radar
HONG KONG, July 22 — Oil rose in Asian trade today, with Brent crude hitting its highest price in more than a month, as Iran targeted US radar and air defence […]
Trump imposing 100pc tariff on generic drugs from August 2028
WASHINGTON, July 22 — US President Donald Trump announced yesterday the imposition of steep tariffs on imported generic drugs from August 2028, a move he said was aimed at onshoring production […]
Ringgit opens higher against major currencies, flat vs US dollar
KUALA LUMPUR, July 22 — The ringgit opened higher against major currencies today but was almost flat against the US dollar as traders adopted a cautious stance amid uncertainties over the conflict […]
Trump readies new tariffs for when his 10pc global levy expires
WASHINGTON, July 22 — The United States is set to impose new tariffs that could hit dozens of countries soon, trade envoy Jamieson Greer signaled yesterday, with President Donald Trump’s temporary […]
CIMB Malaysia now supports Apple Pay: Limited to credit cards, get up to RM118 cashback
KUALA LUMPUR, July 21 — Apple Pay is finally available to CIMB Malaysia customers after almost 4 years since the feature was made available for Malaysian consumers. Previously, CIMB said […]
Global markets rally as tech rebounds amid rising Middle East tensions
TOKYO, July 21 — Technology shares helped Asian stock markets rebound on Tuesday, while oil prices eased slightly even as Iran targeted US radar and air defence installations in the […]