Newsfeed – Business News
Ringgit ends easier against US dollar, mixed versus major currencies amid AI, bond yield concerns
KUALA LUMPUR, Oct 23 — The ringgit ended slightly lower against the US dollar today as market sentiment remained cautious amid concerns over artificial intelligence (AI) related share prices and […]
Following strikes, Etihad extends Saudi flights suspension until Nov 5
DUBAI, Oct 23 — UAE national airline Etihad has extended until November 5 its suspension of flights to Riyadh and Dammam in Saudi Arabia, targeted by strikes from Yemen’s Houthis. […]
Bursa Malaysia’s key index ends at intraday high on selective buying in heavyweights
KUALA LUMPUR, Oct 23 — Bursa Malaysia ended the week on a flattish note, although the benchmark index managed to finish marginally higher as selective buying in index heavyweights helped […]
BNM: Nepal-China flood victims to receive loan repayment deferments, fee waivers
KUALA LUMPUR, Oct 23 — Repayment deferments have since been extended to the victims affected by the recent floods along the Nepal-China border, Bank Negara Malaysia (BNM) said. In a […]
Volvo Cars shares dive nearly 30pc as US tariffs, China competition drive Q3 loss
STOCKHOLM, Oct 23 — Shares in Swedish carmaker Volvo Cars plunged today after it said US tariffs and strong competition from local brands in China pushed it into a third-quarter […]
Asian stocks mixed ahead of weekend as tech recovers early losses
HONG KONG, Oct 23 — Asian equities were mixed today as tech firms managed to claw back some early losses on bargain-buying at the end of tough week for the […]
End of an era: Marie biscuit maker Lee Biscuits closing Johor factory
JOHOR BAHRU, Oct 23 — Marie biscuit maker Lee Biscuits is set to close its factory in Pontian, Johor, by the end of this month, AsiaOne reported. The Singapore […]
Bursa Malaysia eases at open as investors await fresh direction
KUALA LUMPUR, Oct 23 — Bursa Malaysia opened lower on Friday, tracking weaker overnight performance on Wall Street. At 9.05 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 1.07 […]
Ringgit opens higher as greenback weakens amid AI investment concerns
KUALA LUMPUR, Oct 23 — The ringgit opened higher today as the greenback weakened after equity prices fell amid heightened concern over artificial intelligence (AI)-related investments. At 8 am, […]
Ringgit weakens against US dollar, major currencies ahead of Fed meeting
KUALA LUMPUR, Oct 22 —The ringgit closed lower against the greenback and other major currencies on Thursday as investors remained cautious ahead of next week’s two-day US Federal Open Market […]