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Ringgit edges up against US dollar ahead of Bank Negara policy meet, US jobs data

KUALA LUMPUR, Sept 2 — The ringgit opened higher on Tuesday but is likely to trade cautiously today as traders will be observing Bank Negara Malaysia’s (BNM) Monetary Policy Committee meeting this Thursday, along with the United States (US) non-farm

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China’s Rianlon Corp commits RM820m for Johor R&D centre and plant, Anwar says

TIANJIN (China), Sept 1 — Leading Chinese conglomerate Rianlon Corporation has expressed its commitment to invest RM820 million to develop a research and development (R&D) centre in Johor.  Prime Minister Datuk Seri Anwar Ibrahim said the company expressed its commitment

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US–India trade clash hits billionaire Ambani family’s cultural showcase plans in New York

MUMBAI, Sept 1 — Billionaire Mukesh Ambani’s family has postponed a cultural showcase in New York, citing “unforeseen circumstances”, a decision made after Washington sharply raised tariffs on imported Indian goods over its purchases of Russian oil. The Nita Mukesh

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German consumer watchdog sues Milka maker Mondelez over chocolate shrinkflation

BERLIN, Sept 1 — Germany’s consumer watchdog has filed a lawsuit against snack maker Mondelez after it reduced the size of its Milka chocolate bars from 100 grammes (gm) to 90 gm without lowering the price, reported German Press Agency

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Thailand’s new 50- and 100-baht notes: Real, just plastic from Nov 2025

BANGKOK, Aug 30 — Travelling in Thailand this November? Don’t be alarmed if your 50- and 100-baht notes look a little different; they’re going polymer. Thailand began switching banknotes to plastic in 2022 with the 20-baht note, which lasts about

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Sarawak to export first batch of solid green hydrogen to Singapore

KUCHING, Aug 30 — Sarawak is poised to make its first export of green hydrogen (Green H2) in solid form, through a partnership between SEDC Energy Sdn Bhd (SEDCE) and its technology partner Hydrexia Holding Limited. In a statement, SEDCE

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Can Nvidia justify Wall Street’s AI obsession?

NEW YORK, Aug 25 — A wobble in US technology shares has raised the stakes for Nvidia Corp’s quarterly results on Wednesday, with earnings from the semiconductor giant posing a crucial test for the scorching AI trade.  The heavyweight tech

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India’s Modi dangles tax cuts as US tariffs loom

MUMBAI, Aug 25 — Indian Prime Minister Narendra Modi’s push to slash consumption taxes on everyday goods could deliver billions of dollars in annual relief and boost demand in an economy bracing for painful US tariffs, experts say. US President

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US No. 2 Treasury official quits after five months

WASHINGTON, Aug 23 — US Deputy Treasury Secretary Michael Faulkender is leaving the government after less than five months, the Treasury Department said on Friday, another abrupt departure by a senior official in the young Trump administration. Faulkender is the

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Ringgit edges up as markets await US Federal Reserve speech today

KUALA LUMPUR, Aug 22 — The ringgit opened marginally higher against the US dollar and a basket of major currencies on Friday as investors awaited policy signals from the US Federal Reserve (Fed) at the Jackson Hole Economic Policy Symposium

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