Newsfeed – Business News
Australia’s central bank holds rates steady, cautious about inflation
SYDNEY: Australia’s central bank on Tuesday left its cash rate steady as expected at 3.60%, saying it was cautious about easing further given higher core inflation, firmer consumer demand and […]
Blue chips remain slightly ahead amid weak broader market
KUALA LUMPUR: The FBM KLCI stayed slightly aloft after paring losses from earlier in the day as a tech-led rally in Asian markets lost steam. Read full story Date: 4 […]
Tech rally drives Tokyo, Taipei stocks to record highs; US dollar gains
TOKYO: A rise in tech shares lifted Japan’s Nikkei and Taiwan’s TAIEX to all-time highs on Tuesday, though other markets in the region were lower following their own recent record […]
Ringgit rises as weaker US$ faces policy uncertainties
KUALA LUMPUR: The ringgit opened higher against the US dollar and stayed on a firm footing, as lingering uncertainty over US monetary policy weighed on the greenback. Read full story […]
Oil steadies as market digests Opec+ output plans
OIL prices were little changed early on Tuesday as markets weighed OPEC+’s decision to pause output hikes in the first quarter even as concerns over a looming supply glut persisted. […]
Japan’s factory activity falls at fastest pace in 19 months, PMI shows
TOKYO: Japan’s manufacturing activity shrank in October at the fastest pace in 19 months, hit by slumping demand in the key automotive and semiconductor sectors, a private-sector survey showed on […]
Investors stay bullish on blue chips
KUALA LUMPUR: Investors remained positive on blue chips on Bursa Malaysia following the previous day’s surge, as tensions between the US and China eased amid ongoing negotiations. Read full story […]
Ringgit eases against the greenback
KUALA LUMPUR: The ringgit closed lower compared to the greenback yesterday on a lack of catalysts for the local note ahead of the release of key US economic data. Read […]
Genting take-over offer turns unconditional
PETALING JAYA: Genting Bhd’s bid to take Genting Malaysia Bhd (GenM) private has turned unconditional after it crossed the 50% shareholding threshold. Read full story Date: 4 November, 2025 9:01 […]
Stock indexes climb after Amazon-OpenAI deal; dollar up slightly
NEW YORK: Most major stock indexes were higher on Monday following news Amazon.com will supply cloud-computing services to OpenAI, and the dollar hovered near a three-month high versus the euro […]