European stocks rally as investors await ECB decision, tech earnings
Traders awaited the European Central Bank’s next move and earnings results from Amazon and Intel after Alphabet’s shares were hit …
Malaysia News
ECB president Lagarde resigns at time of mounting challenges for Europe
The move comes as the ECB battles inflation risks across Europe from an Iran-driven oil shock while a sharp rise in bond yields, e…
Hello Kitty firm apologises, scraps Japan TV tie-up after China anger
Sanrio’s Chinese unit apologised and scrapped its collaboration with the Japanese TV drama Vivant after the show was criticised as…
Ringgit extends gains against US dollar after Fed holds interest rates
Investors are awaiting the release of the US Federal Reserve’s preferred inflation measure, the PCE price index, due out tonight, …
Cash is king as investors draw new battle lines in AI spending boom
Microsoft shares rose more than 3% in after-hours trading, while Alphabet plunged nearly 10%, as investors favoured companies prof…
Taiwan semiconductor group backs govt review of nuclear power restart
The Taiwan Semiconductor Industry Association says a stable and sufficient electricity supply is crucial to supporting the semicon…
Indonesia’s wealth fund CIO owns stake in sanctioned brokerage
Indonesia’s Financial Services Authority announced sanctions this month against Supra Sekuritas and more than a dozen other entiti…
Bursa snaps 2-day winning streak to close lower
Continued selling pressure in blue-chip stocks weighed on market sentiment, says analyst.
Uniqlo cancels price hikes for socks in Japan as inflation bites
The retailer reversed its planned price increase to ¥390 a pair, keeping popular basic socks at ¥290 a pair or ¥990 for four pairs…
Shell profit soars as Middle East war disrupts energy supplies
The British energy giant said its net profit more than doubled to US$12.1 billion in the third quarter as the war sent oil and gas…
TotalEnergies profit hits record on high oil prices
Net profit reached US$8.3 billion in the period from July to September, up from US$5.4 billion in the preceding three months.
Volkswagen posts €5.8bil loss as Chinese competition bites
The German carmaker said its sales fell 6.3% in the quarter to €75.3 billion.
Germany’s Steinmeier says China must avoid one-sided benefits in economic ties
The European Union has called its widening trade deficit with China unsustainable, and warned last month it will use every possibl…
AI investment, consumer spending likely to boost US growth in Q3
Resilient consumer spending and AI-driven business investment more than offset the impact of higher oil prices stemming from the c…
Chinese genomics firms face US import ban over alleged forced labour
The Donald Trump administration proposed new rules last week to restrict investment in Chinese biotechnology companies.
China’s stocks slip as tech weakness overshadows Fed rate decision
The US Federal Reserve held interest rates steady, as expected, delaying any changes to borrowing costs until after next week's US…
FAM partners with Yes, RYT Bank to boost football development
The Demi Bola Sepak Malaysia initiative seeks to shine a light on emerging football talent as well as the people shaping the game.
Chinese AI model carries out complex cyberattacks in controlled tests
The GLM-5.3 model completed 3 of 13 multi-stage cyberattack scenarios at least once, the strongest performance Irregular has recor…
Japanese investors extend foreign bond selling streak to six weeks
Japanese investors sold a net ¥92.6 billion in foreign long-term bonds in the week ended Oct 24, finance ministry data shows.
China’s clean tech exports to cut global emissions by Brazil-sized amount in 2026
China's exports of solar panels, wind turbines, electric vehicles and batteries will help the world to avoid 450 million tonnes of…
Asian shares fall after Alphabet earnings miss forecasts
MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.7%, while Japan's Nikkei trimmed gains to be up 0.3%.
Dollar steady after Fed hold leaves rate path murky
The greenback had held near two-week highs ahead of the announcement but turned lower after Fed chair Kevin Warsh offered no clear…
Samsung reports record quarterly profits on AI boom
The South Korean tech giant posted a more than 780% jump in third-quarter operating profit from a year earlier to US$80.5 billion.
Bursa opens higher for third consecutive day
The main index rises to 1,618.58, tracking Wall Street gains after the US Federal Reserve kept rates unchanged at 3.75% to 4.00%.
Kremlin aide says Moscow in talks with US over investment fund sanctions
The New York Times reported earlier in the day that the Donald Trump administration was considering abandoning the sanctions.
Google unveils Gemini 4 Carbon AI model
The US internet giant described its latest AI offering as its strongest frontier model, with state-of-the-art cybersecurity and lo…
Ringgit opens higher on expectations of OPR normalisation
The local note rises to 4.0720/4.0800 ahead of Bank Negara Malaysia’s Monetary Policy Committee (MPC) meeting.
Airbus aims for record deliveries despite disappointing quarter
Airbus needs to deliver 323 aircraft to meet its annual target, but it usually delivers a large number of planes at the end of the…
Ford’s profit dips but says US consumers still ‘resilient’
The US automaker has not seen a consumer shift away from trucks despite higher gasoline prices exacerbating cost-of-living challen…
Microsoft beats expectations, fuelled by Azure cloud business
The technology giant recorded US$92.3 billion in total revenue and more than US$36.6 billion in profit in Q3.
Shares in Google parent Alphabet plummet on profit miss, ad slowdown
Net profit slid 25% from a year earlier to US$26.2 billion in the July-to-September period, well short of expectations by analysts…
Wall Street ends higher as Fed holds key rate steady
All three major US stock indexes oscillated following the decision and throughout Fed chair Kevin Warsh's subsequent press confere…
US Fed holds interest rates steady despite ‘too high’ inflation
The 12-member Federal Open Market Committee voted 10-2 to hold rates, citing the need for more data in the fight against inflation…
UK’s economy stronger than expected this year, to slow next, says govt
Finance Minister John Healey says the Middle East war is a key factor affecting the economic outlook, with gross domestic product …
Nasdaq futures gain as SK Hynix lifts chips ahead of Fed decision, earnings
Investors await key earnings as the next test of the AI trade, alongside the Federal Reserve’s rate decision.
Billionaire Ambani’s Jio soars in market debut after India’s biggest IPO
Wednesday's rally gave Jio a valuation of about US$137 billion, turning it into India's second-most valuable listed firm after its…
Apple expected to unveil first touchscreen laptops amid product blitz
The move marks a shift from the company’s long-standing resistance to touchscreen laptops as it steps up product launches ahead of…
South Korea media commission fines Google and Apple over app payment systems
Google was fined 42.9 billion won (US$32.35 million) and Apple 20.8 billion won (US$16 million).
Ringgit ends higher amid confidence in Malaysia’s economic fundamentals
Optimism over AI-related investments and expectations of sustained domestic growth supported the local currency, says analyst.
Deutsche Bank reports record profit as it sees German recovery
Net profit came in at €1.85 billion (US$2.1 billion) in the three months to end-September, up 2% from the period last year.
Bursa closes marginally higher on late buying
Recent market corrections offer opportunities to accumulate fundamentally sound blue-chip stocks, although subdued liquidity and e…
Asia drives Heineken’s Q3 sales growth
The Dutch brewer reports a 17.3% increase in Asia-Pacific volumes, led by Vietnam, China and India, while maintaining its full-yea…
Nigeria’s Dangote oil refinery closes ‘historic’ IPO
The IPO for the Lagos-based Dangote Petroleum Refinery was initially due to close on Oct 13 but was extended by two weeks to allow…
Malaysian billionaires revive plan to create nation’s biggest mobile operator
Maxis is seeking proposals from banks and law firms for a potential deal, while U Mobile’s owners may seek a valuation of RM10 bil…
Tech, AI leaders expand China’s 2026 rich list
The number of people worth more than 5 billion yuan (US$750 million) hit a record 1,529, surpassing the previous peak of 1,460 in …
AI worries expose dollar’s hot-money problem
Heavy foreign investment in US assets has made the dollar vulnerable if AI optimism fades and investors sell off stocks.
Billionaire Ambani’s Jio to debut after record India IPO
Jio Platforms raised about US$3.2 billion at 1,119 rupees (US$11.76) per share in the country’s biggest-ever initial public offeri…
Stocks get AI lift, dollar holds steady ahead of Fed decision
The AI rally faces its next test as Alphabet and Microsoft report earnings after market close, with investors seeking returns to j…
Anthropic’s record IPO faces some big questions
The AI giant faces three threats: rivals that are catching up, prices that are collapsing, and bills that keep climbing.
UK set for cautious budget as borrowing costs climb
Finance minister John Healey said the budget would provide 'breathing space' for households and 'targeted support' for businesses.
Bursa opens higher on improved sentiment
The benchmark index climbs to 1,615.24, tracking Wall Street gains on fresh AI funding announcements.
OpenAI plans to buy Google’s AI chips
The planned purchase would deepen ties between OpenAI and Alphabet's Google, which compete in AI products and search.
Dollar holds gains ahead of Fed policy signal, RBNZ decision
Traders broadly expect the US Federal Reserve to keep rates unchanged, with fed funds futures pricing in a 91% probability of a ho…
Ringgit rises against US dollar for eighth straight day
The local note opens higher at 4.0855/4.0915 as AI-driven optimism in global equities provides support.
SK hynix third-quarter operating profit jumps 632% on-year
The global race to build AI data centres has transformed the South Korean chip giant's fortunes despite concerns that the sector m…
IMF agreement clears way for release of US$900mil for Argentina
Argentina is the IMF's largest debtor and has US$1.2 billion in debts to the Fund due this year and a further US$7.8 billion next …
Visa’s quarterly profit jumps as consumer spending holds up
Payments volume jumped 9% in the quarter, signalling resilient US consumer spending supported by a strong labour market and wage g…
Wall Street ends higher on revived AI momentum
The buzz surrounding details of Anthropic's impending initial public offering helped boost chip stocks for the third consecutive s…
Boeing’s Q3 results weighed down by production challenges
The US planemaker’s results were hit by less profitable jetliner deliveries and higher costs amid ongoing production and supply-ch…
Oriental Kopi sell-off amid boycott unwarranted, says HLIB
Kopitiam chain operator’s sales has remained resilient despite its menu controversy, says Hong Leong Investment Bank.
Germany’s Merz says EU remains attractive to investors despite upheaval
The chancellor's remarks in Singapore came as he began an Asian tour aimed at diversifying Germany's strategic and trade ties.
Ringgit slips versus US dollar, closes higher against major currencies
The ringgit has remained relatively stable despite heightened uncertainty over rising oil prices and the upcoming Federal Open Mar…
Mercedes-Benz cuts 2026 profit outlook on tough China market
Germany’s biggest carmakers have all lowered their annual outlooks amid competition in China, the world’s largest car market.
Bursa ends higher on bargain-hunting
The benchmark index remains attractively valued, underpinned by resilient domestic economic fundamentals, says analyst.
Belgium’s public debt exceeds US$800bil
Belgium’s debt-to-GDP ratio rose to 110.2% in Q2, about 27 percentage points above the EU average.
Apple’s foldable iPhone Duo draws early complaints of screen cracking
Customers reported hearing a crunch when unfolding the phone, followed by a crack along the centre crease, while others experience…
HSBC says net profit jumps in third quarter but misses forecasts
HSBC’s higher profits failed to impress investors, with its Hong Kong shares plunging more than 6% to around HK$133.50 in afternoo…
Alibaba wins injunction against Pentagon restrictions tied to China blacklist
The tech giant sued the US government in June after the Pentagon added it to a list of companies allegedly aiding China's military…
HSBC says net profit jumps in third quarter but misses forecasts
Profit attributable to shareholders for the three months ended September stood at US$7 billion, up from US$4.87 billion a year ear…
Iran war boosts Malaysian data centre appeal, SD Guthrie says
Even as it seeks to capitalise on the data centre boom, SD Guthrie’s core palm oil business faces a more uncertain supply outlook.
Yen slips ahead of central bank bonanza, dollar firms on tech rebound
Japan's service-sector inflation rose 3.7% year-on-year in September, signalling price pressures that will likely keep the central…
Asian stocks surge as Anthropic IPO lifts sentiment ahead of earnings
The eagerly anticipated IPO filing lifted risk appetite in what will be a test for the AI trade and central bank meetings shaping …
Bursa opens higher, tracking firmer Wall Street cues
The benchmark index moves up 7.15 points to 1,611.51, with gainers outnumbering losers 320 to 83.
US warns EU loan to Airbus threatens aircraft financing trade truce
US trade representative Jamieson Greer also expressed frustration after his office received no details about the US$3.4 billion lo…
Ringgit opens higher against US dollar, major currencies
The local note rises to 4.0840/4.0905, supported by resilient economic fundamentals despite lingering Middle East geopolitical ris…
South Korean economy grows 3 times faster than expected in Q3
The country's gross domestic product jumped 1% in the July-September period compared to the previous three months.
Microsoft offers voluntary exit packages to 60,000 staff
Staff at vice-president level and below in select teams across the US, Canada, India and Britain will be eligible as the tech gian…
SpaceX strikes AI chip lease deal as Musk warns rivals
Elon Musk presented the US$40 billion GPU agreement with Apollo Global Management as proof of investor confidence in SpaceX over c…
Equities end higher as Anthropic’s IPO filing lifts AI stocks
The AI trade has come under pressure this month amid concerns that debt-funded spending may be harder to justify as borrowing cost…