Newsfeed – Business News
Sovereign funds move into tech with US$15 trillion
Sovereign wealth funds globally amassed a record US$15 trillion in assets under management in a year when many deepened their technology investments and profited from buoyant markets, according to a […]
Trump firm to start new cryptocurrency for shareholders
Trump Media and Technology Group Corp plans to issue a new cryptocurrency, which will be distributed among its shareholders. Read full story Date: 2 January, 2026 6:00 am Source: thestar.com.my
Dollar posts worst year since 2017
The dollar ended 2025 with the sharpest annual retreat in eight years and investors say more declines are coming if the next Federal Reserve (Fed) chief opts for deeper interest-rate […]
HPE-Juniper deal still under fire after DoJ approval
A federal judge has set ground rules for a dozen states to pursue a legal challenge to the Justice Department’s (DoJ) approval of Hewlett Packard Enterprise’s (HPE) US$14bil acquisition of […]
Cash-strapped Saks skips bond payment
Saks Global Enterprises, the cash-strapped retailer, has skipped an interest payment to bondholders totalling more than US$100mil that was due Tuesday as it looks to negotiate a deal with creditors, […]
Japan firms lobby chiefs urge tackling weak yen
Two major Japanese business lobbying groups have called on the government to address the yen’s weakness, which is inflating import costs and weighing on households and businesses, their chiefs tell […]
Country enters fourth phase of e-invoicing to strengthen tax system
Malaysia entered the fourth phase of electronic invoicing (e-invoicing) rollout yesterday, marking another part of the government’s effort to strengthen tax administration while easing the compliance burden on small and […]
Berjaya Assets appoints Vincent Tan’s son-in-law as new CEO
Berjaya Assets Bhd has appointed Tan Tee Ming, 49, the son-in-law of its major shareholder Tan Sri Vincent Tan Chee Yioun, as its new chief executive officer (CEO), effective immediately. […]
Xi promises more proactive macro policies
China is on track to meet its growth target of around 5% this year and will roll out more proactive policies in 2026, President Xi Jinping says, amplifying promises for […]
Oyo Hotels’ parent files confidential IPO in India
Oyo Hotels-parent Prism has confidentially filed for an initial public offering (IPO) in India, three sources tell Reuters on Wednesday, marking a fresh push by the homegrown hospitality brand to […]