SINGAPORE: The dollar fell out of favour on Thursday after the Federal Reserve delivered a less hawkish outlook than some had anticipated, giving investors confidence to short the currency as they bet on two more rate cuts next year.

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KUALA LUMPUR: Analysts have expected Bank Negara Malaysia (BNM) to maintain the benchmark rate at 2.75 per cent in 2026 despite the United States central bank's latest rate cut.

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KUALA LUMPUR: The FBM KLCI climbed at midday as investors digested the US Federal Reserve's rate cut and firmer regional signals.

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MEXICO CITY, Dec 11 — Mexican lawmakers yesterdaybacked a measure to raise tariffs on goods from China and o...

The Malay Mail Online 3 hours ago

HONG KONG: Shares of Jingdong Industrials Inc, a unit of Chinese online retailer JD.com, opened down 7.8% in their Hong Kong Stock Exchange debut on Thursday, after the company raised HK$2.98 billion ($383.08 million) in a listing.

The Star 4 hours ago

KUALA LUMPUR: Wasco Greenergy Bhd is positioning itself as a niche integrated bioenergy solutions provider amid rising demand for decarbonisation technologies across the region.

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SAN FRANCISCO: Nvidia has built location verification technology that could indicate which country its chips are operating in, the company confirmed on Wednesday, a move that could help prevent its artificial intelligence chips from being smuggled into...

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SYDNEY: Australian employment fell in November by the most in nine months, while annual jobs growth slowed sharply from earlier this year, a sign the labour market is cooling and could ease pressure for a near-term rate hike.

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Resident unemployment fell for younger workers below 30, but inched up among workers in their 40s and 50s.

Channel News Asia 4 hours ago

HONG KONG: Hong Kong's de-facto central bank lowered on Thursday its base interest rate charged via the overnight discount window by 25 basis points to 4.0%, tracking a cut by the U.S. Federal Reserve.

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KUALA LUMPUR: Gamuda Bhd fell in early trade Thursday after earnings came in below expectations, but Maybank Investment Bank Research recommended buying the stock on weakness.

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KUALA LUMPUR, Dec 11 — Bursa Malaysia opened higher on today, buoyed by regional market optimism and Wall Street&r...

The Malay Mail Online 5 hours ago

PETALING JAYA: Proton Holdings Bhd recorded strong November sales of 13,451 units (domestic and export), driven by heightened public attention following the recent launches of the Proton e.MAS 5 and the all-new Proton Saga.

The Star 5 hours ago

PETALING JAYA: Apex Securities has maintained its "buy" call on Cheeding Holdings Bhd following the group's announcement yesterday that it secured a RM13.5mil contract from Tenaga Nasional Bhd (TNB) for works at the PMU 132/11kV Genting Sempah substati...

The Star 5 hours ago

KUALA LUMPUR: The ringgit opened at its strongest level in more than four years against the greenback after the US Federal Reserve (Fed) cut its benchmark lending rate by 25 basis points (bps).

The Star 6 hours ago

KUALA LUMPUR, Dec 11 — The ringgit opened at its strongest level in more than four years against the greenba...

The Malay Mail Online 6 hours ago

KUALA LUMPUR: The local bourse opened on a positive note, tracking Wall Street's overnight advance after the U.S. Federal Reserve trimmed rates by 25 basis points.

The Star 6 hours ago

WASHINGTON: The U.S. Federal Reserve cut interest rates on Wednesday in another divided vote, but signaled it will likely pause further reductions in borrowing costs as officials look for clearer signals about the direction of the job market and inflat...

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KUALA LUMPUR: Stocks to watch on Thursday include Gamuda Bhd, Eco World Development Group Bhd, Sunsuria Bhd, Bermaz Auto Bhd (BAuto), Astro Malaysia Holdings Bhd, Cheeding Holdings Bhd and Chin Hin Group Bhd.

The Star 7 hours ago

CNA reviewed financial results for five major department stores and found that owning or controlling retail space makes the critical difference between profit and loss.

Channel News Asia 9 hours ago

Interest rates have been cut by a quarter of a percentage point by the US Federal Reserve.

Channel News Asia 11 hours ago

Berkeley Group Holdings Plc said its UK home sales declined in the months leading into the budget and warned it has yet to see the fruits of a promised push to ease regulations to support more development.

The Star 15 hours ago

Cheeding Holdings Bhd has secured a contract worth RM13.54mil from Tenaga Nasional Bhd or TNB to perform contract works for a transmission main intake at Genting Sempah, Pahang.

The Star 15 hours ago

Gamuda Bhd anticipates its earnings performance for the current financial year ending July 31, 2026 (FY26) to be driven mainly by newly awarded domestic construction projects, including the construction of several data centres and higher contributions ...

The Star 15 hours ago

Bermaz Auto Bhd (BAuto) believes vehicle sales in the country will continue to be impacted by the influx of Chinese-made vehicles.

The Star 15 hours ago