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Jumbo Bee Powers Up ASEAN with Modular Battery Breakthrough
In a time when electricity costs across ASEAN are rising and demand for reliable energy is surging, Jumbo Bee Power Solutions Pte Ltd is…
Business News
Business News
Feds rate unchanged at a target range of 3.75% to 4.00%
Feds rate unchanged while the FOMC is scheduled to meet one more time this year to deliberate on monetary policy:
Business News
1MDB vs Battersea: RM20.1 Billion Net Loss on One, Undisclosed Losses on the Other
Parliament heard this week that 1MDB leaves a RM20.1 billion net loss, while Battersea losses remain unquantified despite over £5 billion invested.
Business News
BUDI95 Targeted Petrol Subsidy to Save Government RM2.5 Billion to RM4 Billion a Year, Says Amir Hamzah
BUDI95 is expected to save RM2.5 billion to RM4 billion a year, with savings channelled to STR and SARA aid, Amir Hamzah said.
Business News
Bursa Malaysia Q3 Net Profit Rises 10% to RM70.21 Million on Stronger Trading Activity
Bursa Malaysia's third-quarter net profit rose to RM70.21 million as revenue climbed to RM216.42 million on stronger trading and listings.
Business News
Ringgit Firms to 3.1775 Against Singapore Dollar, Gains for Third Straight Session
The ringgit strengthened to 3.1775 against the Singapore dollar on Wednesday, its third straight daily gain against the city-state's currency.
Business News
FBM KLCI Edges Up 2.02 Points to 1,613.87 as Late Buying in Utilities Lifts Bursa Malaysia
Late buying in utility heavyweights lifted the FBM KLCI 0.13% to 1,613.87, with analysts eyeing a 1,600-1,630 range this week.
World Business News
SK hynix Q3 Operating Profit Hits Record 83.3 Trillion Won on 79.7% Margin, Unveils About 100 Trillion Won Shareholder Return Plan
SK hynix posted record Q3 revenue of 104.62 trillion won and operating profit of 83.33 trillion won, beating forecasts as HBM demand lifted its…
World Business News
Advantest First-Half Net Profit More Than Doubles to ¥368.1 Billion, Raises Full-Year Forecasts on AI Chip Testing Demand
Advantest's net profit for the six months to September rose about 117% to ¥368.1 billion on AI chip testing demand, and the company raised…
World Business News
Unitree Q3 Revenue Jumps 70% to 665 Million Yuan but Net Profit Falls 17.4%, Missing Forecasts
Chinese robot maker Unitree said Q3 revenue rose 70% to 665 million yuan, but net profit fell 17.4% to 112.7 million yuan, below analysts'…
World Business News
Fed Holds Rates at 3.75%–4% in 10-2 Vote as Cook and Hammack Push for Hike
Fed Holds Rates - The US Federal Reserve kept its federal funds target range at 3.75% to 4% in a 10-2 vote, with Lisa…