China’s BYD takes on Japanese rivals with small ‘kei’ car
BYD's Racco is the first 'kei' car launched in Japan by an overseas automaker, with the light electric vehicle standing 180cm tall…
Malaysia News
Taiwan detains Nvidia worker in chip smuggling probe
Officials are investigating shipments of Super Micro Computer AI servers containing advanced Nvidia chips that were sent to China,…
SD Guthrie’s GenomeSelect delivers 33% more oil yield
Ten years after the super high-yielding oil palm seed's launch, data shows higher oil yield across the board in coastal, inland an…
‘Kangaroo market’ is now the new normal
Investors are now grappling with sharp market swings sparked by constantly changing headlines.
AI boom propels Hong Kong exports to strongest growth since 1984
Outbound shipments soared 53.4% in May as electronic product demand surged on the global AI infrastructure buildout.
Incoming Apple CEO aims to build on movie and TV progress
John Ternus commits to expanding the entertainment business momentum and presence through Apple TV’s innovation.
Malaysia’s economy set to hit upper end of growth target, says BNM
The assessment comes as investors gauge Malaysia's ability to sustain growth after weathering the fallout from the Middle East con…
US probes Chinese factories in Vietnam, stoking new tariff fears
Documents and production processes undergo review to assess pre-export value addition and potential software IP violations.
AI anxiety sparks tech rout, broad selloff in Asian markets
South Korea's Kospi dived more than 8% to a three-month low, triggering a circuit breaker, and Japan's Nikkei slid 4%.
Bursa opens lower on cautious stance ahead of FOMC meeting
The main index eases to 1,706.33 as the broader market turns negative, with losers outnumbering gainers 338 to 96.
Brazil requests WTO consultations over US tariffs
Brazil calls the 25% tariffs imposed over alleged unfair practices unjustified and inconsistent with US trade obligations.
Ringgit opens higher against major currencies, eases vs US dollar
The local note slips to 4.0850/4.0900, weighed down by market uncertainty over US-Iran negotiations.
Dollar hits one-month high on lingering chances of Fed hike
Major brokerages increasingly see a US rate hike risk this week amid surging oil prices and escalating Middle East tensions.
Johnson & Johnson announces US$5.5bil settlement of talc lawsuits
Landmark settlement ends a chapter in litigation over claims that its baby powder and talc products caused ovarian cancer.
Musk’s X adds banking in ‘everything app’ push
The X Money rollout expands access to a product tested by a limited group of top-tier subscribers since late June.
IMF boss hails ‘much sounder’ Argentine economy under Milei
Kristalina Georgieva's visit came at a mixed moment for Argentina's economy, with inflation easing but still at 33.5% year on year…
LVMH says growth accelerates in Q2
The world's top luxury group posts a net profit of €5.7 billion despite a geopolitical and economic environment disrupted by confl…
Wall Street ends mixed as investors focus on tech earnings
Investors are questioning whether a multi-year rally fuelled by optimism about artificial intelligence may be losing steam.
Germany’s sports carmaker Porsche to cut 5,000 jobs by 2035
The maker of the 911 sports car has seen profits collapse due to plunging sales in China, US tariffs and a costly decision to hit …
China opposes US ‘forced labour’ tariffs, calls for them to be cancelled
The commerce ministry accused Washington of long manipulating the issue of forced labour, calling the new tariffs a typical act of…
Wall Street futures gain as pause in US-Iran hostilities lifts sentiment
The US and Iran’s pause in hostilities drove oil prices lower and boosted risk appetite ahead of a week of major earnings, economi…
Ringgit strengthens ahead of US Fed rate decision
Investors remained cautious ahead of the Federal Reserve’s Federal Open Market Committee meeting, says analyst.
Bursa ends higher on bargain-hunting
The FBM KLCI is expected to remain range-bound between 1,700 and 1,730 this week, says analyst.
AstraZeneca’s Q2 net profit rises on strong cancer drug sales
Profit after tax climbed more than 2% to US$2.5 billion in the three months to the end of June, compared with the same period last…
Affluent M’sian investors building wealth buffers against inflation, says HSBC
Survey finds that Malaysians are deploying cash more aggressively than their global peers.
IMF leader to visit Milei in Argentina
The Washington-based institution has repeatedly voiced support for Javier Milei, who took office in 2023 promising to slash public…
Oil prices sink as US-Iran pause fuels fresh Hormuz hopes
Donald Trump’s decision to hold off further strikes and Iran’s progress in Oman talks over the Strait of Hormuz offer some relief.
Chinese stocks rise as CXMT’s debut revives interest in battered shares
Investors overcame fears that the mega-listing could drain market liquidity.
China’s Moonshot to release breakthrough AI model for download
Moonshot’s Kimi K3 public release broadens its global open software presence amid US concerns over China’s AI rise.
Chinese chipmaker CXMT dazzles on debut as AI fuels shortages
China’s top memory chipmaker soars 470% on Shanghai debut, briefly surpassing ICBC as the mainland’s most valuable company.
Indonesia’s central bank chief steps down early
President Prabowo Subianto has accepted the resignation of Perry Warjiyo, who had served as Bank Indonesia's governor since 2018.
Gulf Air to add Bahrain-Malaysia flights ahead of Sepang F1 race
Bahrain’s national carrier says the move will strengthen air connectivity and provide fans and travellers a gateway to the race.
Bursa rebounds at open as investors track pause in US airstrikes
The benchmark index edges up 2.05 points to 1,703.07, recovering from last Friday’s 1,701.02 close.
Nvidia mulls US$250bil backing for OpenAI’s data centre hub
The deal helps OpenAI lease SoftBank’s 10-gigawatt Ohio data centre hub, envisioned as one of the world’s largest.
Shares, bonds bounce as oil skid offers inflation relief
The pullback in oil led markets to slightly pare the probability of rate hikes from the US Federal Reserve ahead of Wednesday's me…
Ringgit rises against US dollar ahead of Negeri Sembilan poll
The local currency strengthens to 4.0830/4.0930, supported by positive domestic sentiment.
Singapore tightens monetary policy further on price pressures
Singapore faces renewed trade pressure after US president Donald Trump imposed a 12.5% tariff amid rising global uncertainty.
Dollar pulls back as US-Iran attacks pause, oil drops
The dollar index slipped 0.25% to 101.23 at the start of a week packed with central bank meetings.
Shein flags tariff hits after quarterly loss ahead of Hong Kong IPO
The filing gives investors a sharper look at the pressures facing the online retailer as it seeks funding amid higher costs, slowe…