Business
Back to homepage
US central bank likely to maintain rates despite Trump push for cuts
WASHINGTON, Jan 25 — The US Federal Reserve is widely expected to keep interest rates unchanged when it meets in the coming week, holding firm despite President Donald Trump’s pressure to slash levels as it guards against threats to its
Read More
KFC and Pizza Hut help QSR Brands post 31pc revenue jump in FY2025
KUALA LUMPUR, Jan 24 — QSR Brands (M) Holdings Bhd, the operator of KFC, Pizza Hut and Life, recorded a 31 per cent revenue growth from KFC Malaysia and Pizza Hut Malaysia, its two largest contributors, for the financial year
Read More
Ringgit on seven-year-high, trade likely to improve after breaching key 4.00 threshold against US dollar
KUALA LUMPUR, Jan 24 — The ringgit is likely to trade higher as investors remain constructive towards the local note, aiming to break the 4.00-level again next week. On Friday, the ringgit broke through the key psychological level of 4.00
Read More
Safe-haven metals blast higher amid Trump’s Iran warning and trade jitters
NEW YORK, Jan 24 — Global stocks were subdued and precious metals hit new highs Friday as US President Donald Trump followed up conciliatory comments on Greenland with a fresh warning on Iran. Trump, who on Wednesday backed away from
Read More
Ringgit breaks 4.000 mark against US dollar, hits strongest level since 2021
KUALA LUMPUR, Jan 23 — The ringgit climbed to its strongest level in about five years on Friday, moving past the 4.000 mark against the US dollar. According to a report in The Edge Malaysia, the ringgit was last seen trading
Read More
TikTok forms US joint venture with Oracle-led consortium to avoid ban
WASHINGTON, Jan 23 — TikTok announced yesterday it has established a majority American-owned joint venture to operate its US business, allowing the company to avoid a ban over its Chinese ownership. The TikTok USDS Joint Venture LLC will serve more
Read More
Fahmi says Malaysia’s economy on the right track as trade tops RM3t
PUTRAJAYA, Jan 21 — The country’s economy is currently on the right track with Malaysia continuing to be the focus of foreign investors and large companies, said Madani Government spokesman Datuk Fahmi Fadzil. Fahmi, who is also communications minister, said
Read More
End of an era: Sony to spin off TV business into joint venture with Chinese maker TCL
TOKYO, Jan 21 — Sony Corp. said yesterday it will spin off its home entertainment business into a joint venture with major Chinese television maker TCL Electronics Holdings Ltd. as it seeks to boost its global competitiveness. TCL will hold
Read More
Ringgit dips slightly as US-EU tariff tensions spook markets
KUALA LUMPUR, Jan 20 — The ringgit eased slightly against the US dollar at the close on Tuesday, as the market sentiment turned cautious amid rising tariff tension between the United States and the European Union. At 6 pm, the
Read More
Bursa slides as Greenland tariff threat adds to market jitters
KUALA LUMPUR, Jan 20 — Bursa Malaysia’s benchmark index ended lower on Tuesday, slipping below the key 1,700 level, as continued profit-taking and weak regional market performance, amid heightened geopolitical tensions, dampened investor risk appetite. At 5 pm, the FTSE
Read More