Newsfeed – Business News
FBM KLCI edges up amid US trade tariffs, shutdown concerns
KUALA LUMPUR: The FBM KLCI rose for a third straight session on Tuesday, though sentiment stayed cautious on trade tariff risks and a possible U.S. government shutdown. Read full story […]
Malaysia’s official reserve assets at US$122.68bil end-August 2025
KUALA LUMPUR: Malaysia’s official reserve assets amounted to US$122.68 billion (US$1= RM4.21) as at end-August 2025, while other foreign currency assets stood at US$252.8 million, according to Bank Negara Malaysia […]
Oil falls as OPEC+ plan adds to expectations of supply surplus
LONDON: Oil prices fell on Tuesday ahead of another anticipated production increase by OPEC+ and as the resumption of oil exports from Iraq’s Kurdistan region via Turkey reinforced market expectations […]
Visa bets on stablecoins to speed up cross-border payments
VISA said on Tuesday it will start testing a new way for businesses to fund international payments by allowing them to use stablecoins instead of pre-depositing cash in local accounts. […]
Gold hits record high, set for best month in 16 years on safe-haven rush
GOLD prices hit a fresh high on Tuesday and were poised to log their best month in nearly 16 years, as fears of a potential U.S. government shutdown and growing […]
Australia’s central bank holds rates steady, cautious on inflation
SYDNEY: Australia’s central bank on Tuesday left its cash rate steady as expected at 3.60%, saying recent data suggested inflation might be higher than forecast in the third quarter and […]
Exports get boost from EVs, robots
EMERGING industries will continue to fuel momentum for China’s exports this year, as shipments of high-tech products such as electric vehicles and industrial robots are expected to gain greater traction […]
Major developments in Trump’s trade war
U.S. President Donald Trump’s tariff decisions since he took office in January have shocked financial markets and sent a wave of uncertainty through the global economy. Read full story Date: […]
VS Industry’s net profit drops to RM33.04mil in 4Q25
KUALA LUMPUR: VS Industry Bhd posted a lower net profit of RM33.04 million in the fourth quarter ended July 31, 2025 (4Q 2025), compared with RM126.61 million in the same […]
Malaysia leads regional IPOs with 41 listings to date
KUALA LUMPUR: Malaysia continues to lead Southeast Asia in initial public offerings (IPOs), recording 41 listings as at Sept 30, 2025. Read full story Date: 30 September, 2025 2:01 pm […]