Business News
SoftBank, Grab Commit Billions to Build Malaysia AI Infrastructure
SoftBank, Grab and PETROS pledge $1.85 billion to develop Malaysian AI infrastructure, targeting regional compute leadership by 2030 and beyond.
Category: Business News
Business News
Malaysian Corporate Brief: Earnings Rallies, Dealmaking, and Regulatory Scrutiny
Malaysian equities see solid third-quarter corporate earnings, major infrastructure wins, regulatory actions, and a high-profile privatization offer for Yinson Holdings.
World Business News
Japan Tobacco Hits Limit Down Again as Russia Seizes Units
Japan Tobacco shares fell 15.95% for a second limit-down day after Russia placed all seven local units under temporary management.
World Business News
China Factory Prices Jump 5.7% as Consumer Inflation Cools
China's factory-gate prices rose 5.7% in October, the fastest since 2022, as consumer inflation slowed to 0.7% on weak food prices.
World Business News
Nvidia Shares Slide as Board Probes Huang Spy Claims
Nvidia shares fell nearly 6% after its board launched an independent probe into CEO Jensen Huang's ties to an alleged Chinese spy.
World Business News
Euro Zone Ministers Open Race to Succeed ECB’s Lagarde
Euro zone finance ministers began weighing Klaas Knot and Pablo Hernandez de Cos to replace ECB President Christine Lagarde.
Business News
Trump Now says hardline deportation policy may have been too tough
Following Republican midterm losses, Donald Trump admitted his deportation policy was "too tough," hinting at immigration deals despite ramping up active enforcement.
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
Lee Backs Farm Export Push as Persimmons Reach China
South Korean President Lee Jae Myung pledges support for new farm export markets as first sweet persimmons ship to China.
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.
Property and Construction
YNH Property Outlines Funding Plan For RM170 Million Sukuk Redemption
YNH Property Berhad prioritizes asset sales and project collections to fulfill its RM170 million sukuk redemption by February 2027.
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.
Business News
NEO Group Success Story At Cradle Summit 2026
NEO Group highlights Cradle Summit 2026 partnerships, investor interest, and NEORCHARD’s agricultural innovation advancing durian industry opportunities.
Business News
Local Market – Outlook and Factors to Watch
FBM KLCI climbed 1.19% to 1,635.86, driven by banking blue-chips, while investors monitored commodities, currency stability, earnings, and key technical levels.
Economy and Business
Black Sea Attacks Push Up Wheat Prices, Squeeze Ukraine
Attacks on Black Sea shipping are disrupting grain exports, with Chicago wheat futures up a fifth in a year, while Ukraine faces stalled exports,…