Newsfeed – Business News
‘Shop in China’ travel boom risks complicating the yuan math
BEIJING: A surge in foreign travellers strolling in Beijing’s Summer Palace and binging on Shanghai’s soup dumplings risks complicating the Chinese central bank’s efforts to ensure measured, orderly gains in […]
Bitcoin below US$80,000 as confidence weakens
NEW YORK: Price, relevance, conviction – bitcoin is bleeding all three. Read full story Date: 3 February, 2026 8:00 am Source: thestar.com.my
Waymo seeks US$16bil at near US$110bil valuation
NEW YORK: Waymo, Alphabet Inc’s autonomous driving unit, is aiming to raise about US$16bil in a financing round that would value the unit at nearly US$110bil, according to people familiar […]
Hong Kong listings get busy on China AI deals
HONG KONG: It has never been this busy at the start of a year for new listings in Hong Kong. Read full story Date: 3 February, 2026 8:00 am Source: […]
Verizon logs wireless gain, plans US$25bil buyback
NEW YORK: Verizon Communications Inc reported its biggest gain in mobile phone subscribers since 2019 and announced plans to buy back as much as US$25bil in shares, signalling turnaround efforts […]
Gold, silver extend free fall as CME margin hike fuels selling pressure
A rout in gold and silver intensified on Monday after top commodity exchange CME Group raised margin requirements following a collapse in metals prices last week that was triggered by […]
Shanghai stocks drop the most in 10 months amid commodity markets rout; Hong Kong shares down
SHANGHAI: Shanghai stocks fell the most in nearly 10 months on Monday while Hong Kong shares had their worst day since November as a rout in commodities markets hit sentiment […]
Slump in commodities rattles global markets
SINGAPORE: Commodities markets slumped on Monday, led by deep losses in gold, silver, oil and industrial metals as the choice of Kevin Warsh as the next Fed chair set off […]
Oil prices fall nearly 5% on US-Iran de-escalation
Oil prices fell nearly 5% on Monday, heading for the steepest single-session decline in more than 6 months, after U.S. President Donald Trump said Iran was “seriously talking” with Washington, […]
Sime Darby Property maintains AA+IS rating with stable outlook
KUALA LUMPUR: Sime Darby Property Bhd continues to hold an AA+IS rating with a stable outlook on its RM4.5bil Islamic Medium-Term Notes (IMTN) Programme (Sukuk Musharakah), following a reaffirmation by […]