Newsfeed – Business News
TSMC could face US$1bil or more fine from US probe, sources say
TAIWAN Semiconductor Manufacturing could face a penalty of $1 billion or more to settle a U.S. export control investigation over a chip it made that ended up inside a Huawei […]
Stocks slide in Asia as recession fears pummel sentiment, oil hits 4-yr lows
SYDNEY: Stocks in Asia extended a slide on Wall Street on Wednesday as President Donald Trump looked set to press ahead with whopping 104% tariffs on Chinese goods, pummelling oil […]
Ringgit firms slightly against US$ in early trade
KUALA LUMPUR: The ringgit edged higher against the US dollar in early trade today, recovering slightly on technical correction after recent losses, amid a mixed overnight performance by the greenback. […]
FBM KLCI falls another 20 points as fresh tariffs on China come into effect at noon
KUALA LUMPUR: The growing anxiety over Trump’s escalating trade war spilled over into Malaysia’s stock market, as a 104% cumulative tariff on Chinese imports into the US is set to […]
Trading ideas: PetGas, Matrix, Panasonic, LSH, Northern Solar, Fajarbaru, DC, KNM, Yong Tai, MSB, Aeon Credit
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia. Read full story Date: April 9, 2025 9:01 am Source: thestar.com.my
Oil settles down as US-China trade war escalates
Oil prices settled down more than US$1 a barrel on Tuesday at a four-year low as investors priced in an increasing likelihood of a recession due to the escalating trade […]
ECRL on track to bring about long-term benefits
The profitability of the East Coast Rail Link (ECRL) cannot be assessed solely on short-term financial returns, as such large infrastructure projects aim to create long-term economic corridors and drive […]
Trump declines to pause trade tariffs
US president Donald Trump says he isn’t considering a pause on his plan to implement sweeping additional tariffs on dozens of countries despite outreach from trading partners eager to avoid […]
Credit markets paralysed
Company debt sales have ground to a halt in the United States as markets across the globe show increasing fear of President Donald Trump’s escalating trade war triggering a global […]
Wall St set to open higher after heavy losses on hopes of tariff talks
Wall Street’s main indexes were set to open higher on Tuesday after a bruising selloff that has wiped out trillions of dollars since last week, as investors await any sign […]