ALT ALT

Business

Back to homepage

From burgers to iPhones, US brands face boycott calls as India pushes back on tariffs

NEW DELHI, Aug 11 — From McDonald’s and Coca-Cola to Amazon and Apple, US-based multinationals are facing calls for a boycott in India as business executives and Prime Minister Narendra Modi’s supporters stoke anti-American sentiment to protest against US tariffs.

Read More

Trump tells China to boost US bean imports fourfold

WASHINGTON, Aug 11 — US President Donald Trump said on Sunday that he hoped China would quadruple its soybean orders from the US, adding that it was also “a way of substantially reducing” Beijing’s trade deficit with Washington. “China is

Read More

DRB-Hicom to buy up Spirit AeroSystems Malaysia in RM426m deal

KUALA LUMPUR, Aug 11 — DRB-Hicom Bhd has announced plans to acquire the Malaysian operations of aerospace manufacturer Spirit AeroSystems for approximately US$95.2 million (RM426.1 million). The company said in a stock exchange filing today that the acquisition is expected

Read More

Ringgit opens higher as US tariffs add pressure on global markets

KUALA LUMPUR, Aug 11 — The ringgit opened higher against the US dollar on Monday, rebounding after two consecutive sessions of losses, amid growing concerns over the impact of the United States’ tariffs on the domestic and global economy, analysts

Read More

Dollar dips, ringgit rises on signs of US labour weakness

KUALA LUMPUR, Aug 8 — The ringgit opened firmer against the US dollar on Friday, extending gains, after United States (US) economic data reinforced expectations of an imminent interest rate cut at the Federal Reserve’s next policy meeting, an economist

Read More

Allies reel as Trump rewrites tariff rules, sparks market jitters

WASHINGTON, Aug 8 — President Donald Trump’s steeper global tariffs came into effect Thursday, leaving dozens of US partners scrambling to secure relief from soaring levies that are rewriting global trade practice. Shortly before the new rates kicked in, Washington

Read More

Bursa treads water as markets weigh Trump’s tariff move

KUALA LUMPUR, Aug 8 — Bursa Malaysia opened nearly flat on Friday after a mixed overnight performance on Wall Street, as investors turned cautious over the impact of US President Donald Trump’s tariffs. Tariffs of between 15 per cent and

Read More

Bursa Malaysia fully transitions to electronic CDS account statements, notices from August 25

KUALA LUMPUR, Aug 8 — Bursa Malaysia Bhd will implement the full adoption of electronic Central Depository System (CDS) account statements and notices (eStatements) for individual depositors effective Aug 25, 2025. The exchange said in a statement today that the

Read More

Digital payments soar 71pc as Malaysia’s June retail and wholesale sales hit RM153b

KUALA LUMPUR, Aug 8 — Wholesale and retail trade recorded a steady growth of 4.8 per cent in June 2025, with sales at RM153.0 billion, according to the Department of Statistics Malaysia (DOSM). Chief statistician Datuk Seri Mohd Uzir Mahidin

Read More

Ascott, Coronade team up for five-star Coronation Square hotel in Johor Bahru

SINGAPORE, Aug 8 — Singapore-headquartered hospitality firm The Ascott Ltd has been appointed by Coronade Properties Sdn Bhd to manage the hotel component of the Coronation Square integrated development in Johor Bahru. Ascott chief growth officer Serena Lim and Coronade

Read More