Newsfeed – Business News
US has reached out to China to talk tariffs, state media says
BEIJING: The Trump administration has approached China seeking talks on U.S. President Donald Trump’s singling Beijing out for 145% tariffs, said Yuyuan Tantian, a social media account affiliated with Chinese […]
South Korea exports beat forecast as chips soar, but outlook uncertain
SEOUL: South Korea’s exports were unexpectedly resilient in April, buoyed by strong demand for semiconductors despite the drag from U.S. tariffs, although there are signs that global trade tensions have […]
Chagee marches ahead in latest overseas push
CHAGEE Holdings Ltd, a leading Chinese premium tea beverage brand, made its debut on the Nasdaq stock exchange on April 17, signaling the company’s global expansion drive and mirroring the […]
Bank Pembangunan completes acquisition of Exim Bank, SME Bank
KUALA LUMPUR: Bank Pembangunan Malaysia Bhd (BPMB) today announced the successful acquisition of shares in Export-Import Bank of Malaysia Bhd (EXIM Bank) and Small Medium Enterprise Development Bank Malaysia Bhd […]
HCK Capital launches RM2bil sukuk wakalah programme
KUALA LUMPUR: HCK Capital Group Bhd’s wholly owned subsidiary, HCK Cap Access Bhd, has lodged the necessary documents with the Securities Commission (SC) to establish a sukuk wakalah programme, with […]
Oil prices take breather after prospect of increased supply triggered selloff
NEW DELHI: Oil prices steadied in early Asian trade on Thursday, finding footing a day after a steep decline triggered by signs that Saudi Arabia could increase output and data […]
Gold retreats as trade tensions ease; US payrolls data on tap
GOLD was subdued on Thursday as the dollar’s strength and easing trade tensions dulled the metal’s safe-haven allure, while investors looked forward to the U.S. non-farm payrolls report due this […]
Trump says he has ‘potential deals’ with India, South Korea, Japan
WASHINGTON: President Donald Trump said on Wednesday that he has “potential” trade deals with India, South Korea and Japan as he seeks to convert his tariff policy into trade agreements. […]
Malaysia’s halal product exports up 15% to RM61.79bil in 2024
KUALA LUMPUR: Malaysia’s halal product exports reached RM61.79 billion in 2024, marking a 15 per cent increase from RM53.72 billion recorded in the same period of 2023, said Investment, Trade and […]
Foreign investment rises 12% in first quarter
Indonesia has seen respectable growth in foreign direct investment (FDI) in the first quarter of this year as realised funding reached a quarter of the government’s full-year target, while domestic […]