Malaysia
China’s factory activity returns to contraction in October
The drop in manufacturing activity was partly driven by a week-long national holiday at the start of the month.
Latest economic, market and business news
Asia
Hong Kong telecom company agrees to halt US operations under pressure
Asia
China's factory activity marks third contraction in four months
Crypto
OpenAI reportedly cuts fundraising and valuation targets amid AI jitters
Anxiety about the AI boom has sent the Nasdaq 100 slumping by about 10% in just three weeks since hitting a record high on October…
Asia
Crypto exchanges call for quick moves to bolster defenses after Binance heist
Asia
OpenAI cuts funding target by $10 billion, FT reports
Asia
OpenAI slashes funding target by $10 billion amid tech rout, FT reports
Markets
Has the tech bubble burst? Why the Nasdaq’s rough ride looks eerily like 2000.
Friday’s big plunge raises disturbing parallels with the top of the dot-com bubble
Malaysia
Fitch downgrades France’s economic outlook from stable to negative
The assessment follows official figures showing the country's economy has failed to grow so far this year and contracted in Q3.
Malaysia
India’s Reliance Industries reports best ever quarterly sales in Q3
The retail-to-refining giant led by billionaire tycoon Mukesh Ambani raised more than US$3 billion in the country's biggest initia…
World Economy
China reports sharp increase in gold, nickel and strategic minerals - Xinhua
Markets
This cybersecurity stock will be the next to join the S&P 500
Okta is slated to join the index on Wednesday, replacing Kenvue.
World Economy
Oil hits six-month highs as Hormuz attacks threaten Iran peace efforts
Malaysia
Wall Street closes sharply lower amid AI cash burn
Disappointing quarterly results from Intel and Amazon, which heightened concerns over heavy AI spending, triggered a tech selloff.
World Economy
Soaring cost of Halloween treats spooks shoppers
The price of candy, especially chocolate, has soared, and Halloween bargain hunters are searching for deals and ways to cut costs.
Markets
Why gold plunged to its lowest price in a year despite renewed Iran jitters
Safe-haven gold fell to its lowest price in a year, despite jitters around the potential for fresh Middle East attacks following t…
Asia
S&P Global revises Meta's outlook to 'negative' on AI spending, cash flow concerns
Asia
S&P Global revises Meta's outlook to 'negative' on AI spending, cash flow worries
Asia
October ends with a thud for Intel, Reddit, AI stalwarts
Markets
The selloff in tech stocks is shifting into overdrive
Technology stocks had been priced for perfection. They are now getting hammered.
World Economy
BOJ speeds up ETF sales, potentially boosting funding for Takaichi’s plans
Crypto
Experts divided over Binance hack asset freezes, warn recovery is another matter
Tether, Circle and others moved within hours to block billions in stolen crypto, but legal experts question whether smaller victim…
Markets
The Fed held interest rates steady, but these officials see more hikes coming soon
Dallas Fed’s Lorie Logan sees “at least” 50 basis points in additional hikes.
Asia
Oil jumps 2%, settles at 6-month highs on fears of escalation in Iran
World Economy