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Bursa Malaysia slides in early trade, firm domestic sentiment may support later
KUALA LUMPUR, Dec 17 — Bursa Malaysia started lower on Wednesday on mild profit-taking in early trade, tracking weaker regional markets and mixed Wall Street cues, while firm domestic sentiment may lend support later in the session. At 9.15 am, the
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Asian markets drift as US jobs data fails to boost rate cut hopes
HONG KONG, Dec 17 — Asian equities fluctuated today as mixed US jobs data did little to boost expectations for another interest rate cut next month, while oil rallied after Donald Trump ordered the blockade of “sanctioned” Venezuelan tankers. With Federal
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Spain fines Airbnb €64m for advertising banned rental properties
MADRID, Dec 16 — Spain’s leftist government said yesterday it had fined Airbnb more than €64 million (RM307 million), notably for advertising banned rental properties, at a time the country faces a housing crisis. The fine is final, the consumer
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Ringgit opens stronger at 4.08 vs US dollar, highest since April 2021
KUALA LUMPUR, Dec 16 — The ringgit surged to the 4.08 level against the US dollar at Tuesday’s opening, marking its strongest performance in nearly five years, as improved confidence in the Malaysian economy boosted demand for the local currency.
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Early trading sees ringgit up against greenback as investors eye US jobs and inflation data
KUALA LUMPUR, Dec 15 — The ringgit maintained its upward trend, opening slightly higher against the US dollar as improving sentiment in the Malaysian economy and easing trade tensions supported the local currency. At 8.32 am, the ringgit strengthened to
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Crypto firms in UK to face same rules as traditional financial providers by 2027
LONDON, Dec 15 — Britain’s government on Monday said UK laws on regulating cryptocurrency firms will come into force from 2027, with the “firm and proportionate” rules supporting the industry while protecting consumers. Cryptocurrency companies will be “regulated by the
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China targets balanced growth with higher imports, service exports and consumption boost
BEIJING, Dec 13 — China plans to expand exports and imports next year as part of efforts to promote “sustainable” trade, a senior economic official said today, state broadcaster CCTV reported. The trillion-dollar trade surplus posted by the world’s second-largest
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Malaysia’s power giant TNB plugs into global glory at World Branding Awards
KUALA LUMPUR, Dec 12 — Tenaga Nasional Bhd’s continuous commitment to strengthening its brand presence in an ever-changing market was recognised as it received the prestigious Brand of the Year 2025-2026 award at the World Branding Awards held in Osaka,
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Nvidia develops chip‑tracking tech to show where its AI processors really are in the world
SAN FRANCISCO, Dec 11 — Nvidia has built location verification technology that could indicate which country its chips are operating in, the company confirmed on Wednesday, a move that could help prevent its artificial intelligence chips from being smuggled into
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Opec+ likely to maintain current output levels
VIENNA, Nov 30 — Ministers of the Organisation of the Petroleum Exporting Countries and allied nations (Opec+) are expected to keep current output levels unchanged when they meet for online meetings today, analysts told AFP. The biannual ministerial meeting comes
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