Ringgit opens slightly lower against US$ as Fed leaves rate unchanged
KUALA LUMPUR: The ringgit opened a tad lower against the US dollar today after the US Federal Reserve (Fed) kept its benchmark…
DBS quarterly results trounce forecasts, another record year expected
SINGAPORE: Singapore's biggest bank DBS Group reported on Thursday first-quarter results that trumped expectations with broad-based growth and said it…
Malaysia’s manufacturing PMI rises to 49.0 in April, suggesting improved GDP growth – S&P Global
KUALA LUMPUR: The seasonally adjusted S&P Global Malaysia manufacturing purchasing managers’ index (PMI) rose to 49.0 in April from 48.4…
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…