Newsfeed – Business News
Clothing retailers delay orders, freeze hiring as tariffs hit
LONDON/NEW YORK: Clothing and accessories retailers across the United States are delaying orders and freezing hiring ahead of tariff hikes that take effect Wednesday on products imported from Vietnam and […]
Aeon Credit’s 4Q25 net profit up 10% y-o-y
PETALING JAYA: Aeon Credit Service (M) Bhd’s strategy to provide more loans to the middle 40% (M40) income earners helped to lift its net profit by over 10% year-on-year (y-o-y) […]
ECRL completes excavation of 38 tunnels ahead of schedule, marks key milestone
KUALA LUMPUR: The East Coast Rail Link (ECRL) project has completed excavation works for 38 tunnels along its rail alignment, following two recent breakthroughs in Selangor earlier this week. Read full story […]
Panasonic expects 3% revenue loss from gas disruption
KUALA LUMPUR: Panasonic Manufacturing Malaysia Bhd expects gas supply disruption from the Putra Heights pipeline fire to impact the production of its fan and electric iron products, with an estimated […]
Tengku Zafrul to lead Malaysia’s delegation to Washington for tariff discussions
KUALA LUMPUR: Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz is set to lead Malaysia’s delegation to Washington at the end of this month to discuss the […]
FBM KLCI closes almost flat after rebound, bucking regional trend
KUALA LUMPUR: The FBM KLCI staged a brief rebound but slipped into the red by the close on Tuesday, bucking the regional trend, following Monday’s selloff that sent the index […]
Asean semiconductor market can exceed US$52bil by 2032 by focusing on value
KUALA LUMPUR: ASEAN’s semiconductor market has the potential to exceed US$52 billion (US$1=RM4.49) by 2032 by moving up the value chain, according to Finance Minister II Datuk Seri Amir Hamzah Azizan. Read […]
Bank Negara’s reserves drop to US$117.5bil as of March 28
KUALA LUMPUR: Bank Negara’s international reserves amounted to US$117.5bil as at March 28, down from US$118bil as at March 14. Read full story Date: April 8, 2025 6:00 pm Source: […]
Tariff fallout hits Indonesian stocks, rupiah slides to record low
Indonesia’s rupiah and equities plunged due to U.S. tariffs sparking global trade and recession worries. Read full story Date: April 8, 2025 6:00 pm Source: thestar.com.my
China sticks to its guns as fresh US tariff threat pushes tension to the brink
BEIJING/SHANGHAI: China vowed on Tuesday to “fight to the end” against U.S. tariffs as some citizens railed against President Donald Trump after he singled out Beijing for further levies, setting […]