10% decrease in RON95 subsidies could narrow fiscal deficit by 0.2% – MARC
KUALA LUMPUR: Malaysian Rating Corporation Bhd (MARC) estimates that a 10 per cent decrease in RON95 fuel subsidies could narrow the…
Malaysia posts trade expansion in June to RM237.81bil
KUALA LUMPUR: Malaysia recorded another month of increased trade in June, with a 8.7% year-on-year (y-o-y) expansion to RM237.81bil.
FBM KLCI pares losses while tech rout continues
KUALA LUMPUR: The FBM KLCI retraced most of the losses seen earlier in the day as investors snapped up blue-chip…
Gamuda alliance bags RM5bil rail signalling project in Perth
KUALA LUMPUR: Gamuda Bhd via a joint venture with a unit of Paris-listed Alstom France has been awarded a A$1.6bil…
Warner Bros Discovery considering break up to boost stock price, FT reports
WARNER Bros Discovery, the owner of CNN and HBO, has discussed a plan to split its digital streaming and studio businesses…
Singapore c.bank expects 2024 growth closer to potential rate of 2-3%
SINGAPORE: Singapore's full-year economic growth will come in closer to its potential rate of 2% to 3% and core inflation…
TSMC quarterly profit soars 36%, beating expectations
TAIPEI: TSMC posted a 36% jump in second-quarter net profit on Thursday that beat market expectations as the Taiwanese chipmaker…
Asian stocks slump on rising trade tensions, yen firms
SINGAPORE: Asian equities slid on Thursday, led by chip stocks as investors fret over the prospect of escalating trade tensions…
Sterling dips, UK wage data muddles BoE outlook
LONDON: The pound dipped on Thursday, but still headed for a fourth weekly gain versus the dollar, after another round of…