World Business News
Korea’s Chip-Reliant Growth at Risk From US Data Centre Curbs
Chip-Reliant - Analysts warn South Korea's chip-driven growth faces risks as US data centre curb fears trigger a steep KOSPI sell-off.
Articles by Kazi Mahmood
World Business News
Takaichi to Tap BOJ ETF Proceeds as AI Rout Bites
Japan's Prime Minister Sanae Takaichi plans to use Bank of Japan ETF sale proceeds to fund economic security spending.
World Business News
ECB’s Lane Says Data Will Decide December Rate Move
ECB Chief Economist Philip Lane says incoming data will guide a December decision, as officials signal readiness to raise rates again.
Money and Investment
Financial pressures reshape Malaysians’ family and retirement decisions
RinggitPlus survey highlights financial pressures on Malaysian families, widening savings inequalities, retirement concerns and growing exposure to digital financial scams.
World Business News
BOJ’s Ueda Says Moderate Inflation Reviving Japan Firms’ Investment
BOJ Governor Kazuo Ueda says moderate inflation is reawakening corporate risk appetite, with bank lending growing at its fastest pace in three decades.
World Business News
Lagarde Says Euro Zone Inflation to Stay High for Quarters
ECB chief Christine Lagarde says euro zone inflation will remain high in coming quarters but won't commit to a December hike.
World Business News
Bessent, Greer Press China to Honour Busan Trade Commitments
US officials Bessent and Greer urged China to fully implement Busan trade commitments on rare earths and farm purchases before APEC.
World Business News
KOSPI Sinks 6% After Circuit Breaker Halts Trading
South Korea’s KOSPI closed 6.02% lower at 5,059.69 on Friday after an early 8% plunge triggered a 20-minute trading halt.
World Business News
China Blocks SoftBank’s US$5.4 Billion ABB Robotics Deal
China has barred SoftBank from buying ABB's robotics business in the country, putting the US$5.4 billion deal in doubt.
World Business News
Airbnb Jumps on Fastest Growth in Three Years, Adds Buyback
Airbnb shares rallied after third-quarter revenue rose 19% to US$4.87 billion, its fastest growth in over three years.
World Business News
Iran War Cost Each US Household Nearly US$2,000, Zandi Estimates
The Iran war has cost the average US household nearly US$2,000, mostly through higher energy and transport costs, Moody's Analytics' Mark Zandi estimates, as…
Business News
Wawasanex Seeks Long-Term Fix for Illicit Cigarette Tradel
Despite RM476.3 million in seizures, illicit cigarettes remain 56% of Malaysia’s market, prompting calls for coordinated supply-chain and retail enforcement.
Economy and Business
BNM Keeps OPR at 2.75%, Maintains Cautious Stance Despite Inflation Risks
Bank Negara Malaysia is expected to maintain its benchmark interest rate throughout 2027 despite rising inflation risks and stronger economic growth.
World Business News
KOSPI Plunges 5.3% as Samsung, SK Hynix Slide on US Data Centre Regulation Fears
South Korea's KOSPI sank 300 points, or 5.28%, to 5,383.80 on Thursday as foreign investors dumped chip stocks on fears a Democratic sweep of…
World Business News
China Opens 9th Import Expo in Shanghai With 4,142 Overseas Exhibitors
The 9th China International Import Expo opened in Shanghai on Thursday with 4,142 overseas exhibitors and more than 480 product debuts, a record for…
World Business News
Euronext Posts Record Q3 as Revenue Jumps 24.9%, Unveils €350 Million Buyback
Euronext's third-quarter revenue rose 24.9% to €547.4 million and adjusted EBITDA hit a record, as the exchange operator launched a buyback of up to…