Newsfeed – Business News
BYD leads Chinese automaker selloff on weakening sales
HONG KONG: Shares of BYD Co Ltd sank to their lowest level in at least a year on Monday, leading a broader selloff in Chinese automaker stocks after they reported […]
South Korea and Indonesian stocks tumble, Asian currencies weaken
INDONESIAN and South Korean stocks tumbled more than 5% each on Monday, while emerging Asian currencies slipped against the U.S. dollar, as investors weighed how President Donald Trump’s pick for […]
AI push moves innovation into everyday life
FOR Huang Xiaozhen, the future of artificial intelligence isn’t about computing power or algorithmic scale, but about something far more ordinary: the quiet click of a light switch. Read full […]
Magnum introduces PlayNow feature to enhance customer experience
KUALA LUMPUR: Numbers forecast operator Magnum 4D Bhd has rolled out a new feature, dubbed as “PlayNow”, embedded in its mobile application, allowing customers to generate a QR code for […]
Asia’s factory activity expands on solid global demand
TOKYO: Asia’s factory activity expanded in January as solid global demand lifted export orders, private-sector surveys showed on Monday, offering policymakers some assurance the hit from higher U.S. tariffs has […]
Dollar firm as investors mull a Fed under Warsh; yen wobbles
SINGAPORE: The dollar clung to its gains on Monday as investors weighed what a Federal Reserve under Kevin Warsh might look like, with his preference for a smaller balance sheet. […]
Gold plunge deepens as traders unwind ‘crowded’ bets on rally
Gold fell, following its biggest plunge in more than a decade, and silver whipsawed in choppy trading after a dramatic reversal of a record-breaking rally that ran too far, too […]
Hong Kong regulator targets March for first stablecoin licences
HONG KONG: The Hong Kong Monetary Authority Chief Executive Eddie Yue said on Monday the regulator expects to issue its first batch of stablecoin issuer licences in March, with only […]
Indonesian stocks fall 5% after last week’s dramatic shake-up, US$80bil rout
SINGAPORE: Indonesian stocks slid on Monday, weighed down by a selloff in commodities, after a tumultuous week during which a warning from MSCI over transparency concerns triggered an US$80 billion […]
Japan’s factory activity growth hits near 3-1/2-year peak, PMI shows
TOKYO: Japan’s manufacturing activity grew at the fastest pace in about three and a half years in January, a private-sector survey showed, as strong customer demand drove an increase in […]