Newsfeed – Business News
Ringgit ends lower as oil prices rise, Fed decision looms
KUALA LUMPUR, Sept 8 — The ringgit closed lower against the US dollar today, weighed by higher crude oil prices and cautious sentiment ahead of the US Federal Reserve’s (Fed) […]
Bursa Malaysia ends nearly flat as construction stocks attract buying
KUALA LUMPUR, Sept 8 — Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said […]
Malaysia Airlines gradually resumes Jakarta services as five flights remain cancelled
KUALA LUMPUR, Sept 8 — Malaysia Airlines is gradually resuming services to and from Jakarta, following the restart of operations at Soekarno-Hatta International Airport (CGK). The national carrier said in […]
Mistral raises €3b in Europe’s largest tech funding round, lifting valuation above €21b
PARIS, Sept 8 — Mistral announced today that it had raised €3 billion (RM14.1 billion) in what it described as the largest-ever European tech fundraising, valuing the French AI firm […]
China’s exports jump 25pc on AI boom as US shipments surge before Trump-Xi talks
BEIJING, Sept 8 — China’s imports and exports surged in August, helped by a global AI buildout that has fuelled demand for technology products and ahead of an expected meeting […]
Canada’s retaliatory tariffs kick in on wide range of US goods after breakdown in trade talks
MONTREAL, Sept 8 — Canada’s retaliatory tariffs on billions of dollars in US products took effect Tuesday, as a trade war between the North American neighbours heats up. The announced […]
China starts charging fees on Japanese chipmaking chemical after dumping probe
BEIJING, Sept 8 — China began collecting “deposits” on imports of a key chipmaking chemical from Japan today after it said a probe found evidence of dumping that harmed Beijing’s […]
Panama Canal chief says more transit reductions possible as reservoirs drop amid severe El Nino impact
PANAMA CITY, Sept 8 — The number of ships sailing through the Panama Canal could be cut further due to drought caused by the El Nino weather pattern, the new […]
Bursa Malaysia opens lower on profit taking amid lack of Wall Street leads
KUALA LUMPUR, Sept 8 — Bursa Malaysia opened lower today as investors took profits in selected heavyweights, given an absence of Wall Street leads following the United States’ Labour Day […]
‘No more selling Bombardier’: Trump threatens to block US sales of Canadian aircraft maker amid worsening trade row
WASHINGTON, Sept 8 — President Donald Trump threatened yesterday to block US sales of Canadian plane maker Bombardier unless it builds aircrafts in the country, complaining of “unjust and unfair” […]