Newsfeed – Business News
Softening manufacturing momentum a concern
The reintroduction of protectionist trade policies under US President Donald Trump has heightened external risks for Malaysia, analysts say. Read full story Author: Source: thestar.com.my
Amazon adds 11th hour intrigue to TikTok bid
Days before tomorrow’s deadline for TikTok to find a buyer or get shut out of its biggest market, the list of potential outcomes for the video app got a lot longer. Read full story Author: Source: thestar.com.my
Exports stuck with at least 54% tariffs
The United States has hit China with the biggest-ever tariff hike on almost all Chinese products, bringing total levies to at least 54%, a move that could decimate Chinese shipments to the world’s largest economy. Read full story Author: Source: thestar.com.my
Wall Street set to plunge as Trump tariffs rout dollar
LONDON: World stocks, the dollar and oil all tumbled on Thursday as President Donald Trump’s drastic new U.S. trade tariffs stoked fears of a global recession and led investors to seek safe-haven assets like bonds and the yen. Read full story Author: Source: thestar.com.my
US weekly jobless claims fall as labour market stays stable for now
WASHINGTON: The number of Americans filing new applications for unemployment benefits fell last week, pointing to continued labour market stability ahead of potential volatility from import tariffs. Read full story Author: Source: thestar.com.my
Ho Hup disposes of two properties totaling RM13mil
PETALING JAYA: Ho Hup Construction Co Bhd is disposing of two properties in Bukit Jalil, Kuala Lumpur to Premium Realty Sdn Bhd and Sensecube Sdn Bhd for a total of RM13mil. Read full story Author: Source: thestar.com.my
Mayu Global’s ED detained to assist in police investigation
PETALING JAYA: Mayu Global Group Bhd’s executive director, Tan Kim Hee, has been detained by Bukit Aman Police to assist in an ongoing investigation. Read full story Author: Source: thestar.com.my
Maybank ready to assist customers impacted by Putra Heights gas pipeline fire
KUALA LUMPUR: Malayan Banking Bhd (Maybank) is ready to support those who have been impacted by the gas pipeline fire in Putra Heights. Read full story Author: Source: thestar.com.my
Verdant Solar eyes ACE Market listing
PETALING JAYA: Verdant Solar Holdings Bhd is eyeing a listing on the ACE Market of Bursa Malaysia. Read full story Author: Source: thestar.com.my
Ringgit stable against US dollar, ends marginally higher at 4.44
KUALA LUMPUR: The ringgit, which faced pressure against the US dollar following United States (US) President Donald Trump’s announcements on global reciprocal tariffs, closed relatively stable today, said an analyst. Read full story Author: Source: thestar.com.my