Newsfeed – Business News
Surging memory chip prices dim outlook for consumer electronics makers
GLOBAL demand for smartphones, personal computers and gaming consoles is expected to shrink this year as companies from Britain’s Raspberry Pi to HP Inc raise sticker prices to offset surging […]
Wall St ends higher, buoyed by tariff relief, upbeat data
Wall Street’s main indices finished higher on Thursday, the second straight day of gains, as investors bought shares after US President Donald Trump rescinded tariff threats on European allies while data highlighted […]
MyDigital ID Phase 2 sandbox involves 18 banks
KUALA LUMPUR: Eighteen banking institutions have confirmed participation in the Phase 2 Sandbox for the phased, orderly integration of MyDigital ID into the financial sector, in line with international best […]
Indonesia sets target for garlic sufficiency by end of decade
The government aims to make Indonesia self-sufficient in garlic before the end of the decade, stepping up efforts to reduce import dependence. Read full story Date: 23 January, 2026 7:00 […]
Growth forecast to cool in 2026
The economy may be heading into a slower growth phase this year, but AmBank Group chief economist Firdaos Rosli says the moderation reflects a “normalisation” after last year’s front-loading boost […]
BoK becomes first central bank to use in-house AI
The Bank of Korea (BoK) and Internet giant Naver have unveiled an artificial intelligence (AI) model built exclusively for the central bank, marking what officials describe as the first deployment […]
‘BI to remain professional with strong governance’
Bank Indonesia (BI) governor Perry Warjiyo has promised that the central bank will maintain a high degree of professionalism, as the central bank’s independence is under scrutiny in the wake […]
Ontario’s Ford rallies auto sector
Ontario Premier Doug Ford and automotive industry leaders doubled down on their opposition to Canada’s trade truce with China, warning that opening the door to Chinese electric vehicles (EVs) and […]
Berkshire’s Abel to cut Kraft Heinz loss in post-Buffett era
It took just three weeks for Berkshire Hathaway’s Greg Abel to cut the final tether to one of Warren Buffett’s rare mistakes: The decade-long underperformance of Kraft Heinz Co. Read […]
Dimon flags ‘economic disaster’ over rate cap
JPMorgan Chase chief executive officer (CEO) Jamie Dimon warns that a proposal to cap credit card interest rates would amount to economic disaster, while US President Donald Trump doubled down […]