Newsfeed – Business News
Australia to charge Meta, Google and TikTok if they refuse to pay local news outlets
SYDNEY, April 28 — Australia unveiled draft laws on Tuesday that will charge tech giants Meta, Google and TikTok unless they voluntarily strike deals to pay local outlets for news. […]
Malaysia ringgit still treading water against US dollar but gains on baht, yen
KUALA LUMPUR, April 28 — The ringgit traded mostly higher against other major and Asian currencies in early trade today amid cautious sentiment in the currency market. The domestic unit, […]
Data centre fever gives Bursa Malaysia a green start
KUALA LUMPUR, April 28 — Bursa Malaysia started Tuesday’s session on a firmer note, buoyed by sustained investor appetite for data centre-linked counters, particularly in the technology and utilities sectors, […]
Elon Musk vs Sam Altman: Stage all set for ultimate AI techbro court showdown
OAKLAND, April 28 — Elon Musk’s courtroom showdown with Sam Altman got underway here Monday with the selection of jurors entrusted to decide whether the co-founders of OpenAI betrayed a […]
Oil tops US$108 as Iran peace talks collapse, stock markets mixed
NEW YORK, April 28 — Oil prices rose and stock markets moved unevenly on Monday as the prospect of Iran peace talks remained stalled, ahead of a week full of […]
China ramps up economic arsenal against US with fresh regulations
BEIJING, April 28 — When US President Donald Trump met Chinese President Xi Jinping last October, he rated the summit a “12 out of 10,” and the White House said China […]
Ringgit closes higher against US dollar on tech-led inflows, easing geopolitical risks
KUALA LUMPUR, April 27 —The ringgit closed higher against the greenback today on improved optimism, as markets saw inflows into semiconductor-related stocks, which benefited Malaysia. Against regional currencies, the ringgit […]
Adidas shares rise as Sawe breaks sub-two-hour marathon record
LONDON, April 27 — German sportswear maker Adidas’ shares rose today after Kenya’s Sabastian Sawe became the first person to run a marathon in under two hours in an official […]
Late selling drags Bursa Malaysia lower amid rotation into mid-, small-cap stocks
KUALA LUMPUR, April 27 – Last-minute selling dragged Bursa Malaysia into negative territory at closing, reversing gains after trading in positive territory throughout the day, as investors shifted to rotational […]
China blocks Meta’s acquisition of AI firm Manus
BEJING, April 27 — China has blocked Meta’s acquisition of AI startup Manus, the top economic planning body said today, after a regulatory review that reportedly also saw Beijing restrict […]