Microsoft to invest US$2.2bil in cloud and AI services in Malaysia
KUALA LUMPUR: Microsoft will invest $2.2 billion over the next four years in Malaysia to support the country's digital transformation,…
FBM KLCI nearly flat at lunch break
KUALA LUMPUR: Malaysia's blue-chip stock index was little moved while regional markets had a mixed reaction following the US Federal…
Asia stocks rise as Fed tamps down hike fears; yen leaps
SINGAPORE: Asian stocks and U.S. futures rose on Thursday after the Federal Reserve downplayed risks of an interest rate hike,…
Anwar: Microsoft’s new US$2.2bil investment is its largest single investment in Malaysia
KUALA LUMPUR: The additional investment by Microsoft amounting to US$2.2 billion or RM10.5 billion in the country over the next…
Asian equities slip on Fed decision; Indonesia drops as inflation rate eases
STOCKS in Indonesia extended losses on Thursday as data showed that the country's inflation rate had eased, while other equities…
Death toll from south China road collapse rises to 48
BEIJING: The death toll from a highway collapse in southern China's Guangdong province has risen to 48, local officials said…
Ringgit rebounds to end higher vs US dollar
KUALA LUMPUR: The ringgit rebounded from its losses on Tuesday to close higher against the US dollar on Thursday, amidst…
AirAsia can withstand rising oil prices, says Fernandes
AirAsia believes it is capable of managing rising fuel prices and unfavourable currency movements, which continue to heighten global challenges.
Haleon posts tepid quarterly result
Consumer healthcare company Haleon has reported first-quarter revenue slightly below market estimates, as volumes declined due to retailer destocking in…