Newsfeed – Business News
Ghost tickets: World Cup fans left flustered by last-minute StubHub ticket cancellations
NEW YORK, June 27 — Jeremy Wright knew exactly what he wanted to gift his wife, Sarah, for Christmas last year: tickets to a World Cup soccer game. Wright used […]
Ringgit to trade within RM4.09-RM4.11 next week ahead of key economic data releases
KUALA LUMPUR, June 27 — The ringgit is expected to trade within the RM4.09 to RM4.11 range next week as investors await key economic data releases. Bank Muamalat Malaysia Bhd […]
From barns to boardrooms, Europe’s heatwave shows how climate stress drags on growth and food supplies
PARIS, June 27 — When the mercury rises so do the costs for an economy as productivity melts and growth becomes lethargic, providing an additional challenge to Europe as it […]
Bank Negara launches ‘Semak Kasih’ portal to help Malaysians check unclaimed insurance, takaful benefits
KUALA TERENGGANU, June 26 — Bank Negara Malaysia (BNM) today launched the “Semak Kasih” portal to make it easier for beneficiaries to check unclaimed insurance policies or takaful certificates of […]
Swatch claiming US$170m in damages from Samsung over smartwatch trademark row, FT reports
LONDON, June 26 — Swiss watchmaker Swatch is seeking US$170 million (RM695 million) in damages in a lawsuit against Samsung in which it claims the South Korean electronics giant allowed […]
Ringgit outperforms major currencies after weaker US consumption data cools Fed hike bets
KUALA LUMPUR, June 26 — The ringgit has continued to strengthen against the US dollar, other major currencies and Asean peers on Friday, shrugging off the impact of stronger-than-expected United […]
Asian markets sink again as AI tech sell-off deepens and global stocks slide
HONG KONG, June 26 — Seoul tanked again on Friday, leading another rout across Asian equity markets as the rollercoaster ride that has characterised the week rattled into the weekend. […]
Volkswagen weighs deep global job cuts and possible plant closures amid EV and China pressures
FRANKFURT, June 26 — Europe’s largest carmaker Volkswagen is considering cutting tens of thousands more jobs worldwide and shuttering up to four plants in Germany, Manager Magazin reported Friday. Volkswagen […]
Bursa Malaysia edges higher as last-minute banking rebound lifts market into green zone
KUALA LUMPUR, June 26 — Bursa Malaysia reversed earlier losses to settle slightly higher on Friday, supported by a late rebound in banking stocks that lifted the benchmark index into […]
Samsung plans US$648b South Korea investment over decade to power AI chip boom
SEOUL, June 26 — Samsung Group will pledge on Monday 1,000 trillion won (US$648 billion) in South Korea over the next decade, a media report said, in a sweeping effort […]