Business
Wall Street futures steady as investors await Mideast deal updates
Investors are likely to remain highly sensitive to both geopolitical headlines and incoming inflation data in the weeks ahead.
Tag
Top Business
Live stream
RIVO news Listen to this section's headlines in an AI voice
Now:
Press play to start the stream
This browser does not support voice playback. Try Chrome, Edge or Safari.
Business
Pharma chain Big Caring seeks US$750mil in IPO
Big Caring Group Bhd is offering up to 25.5% of its enlarged share capital and intends to use some proceeds to pay down debt.
Business
Ringgit ends higher on renewed risk appetite
A possible reopening of the Strait of Hormuz has boosted investor confidence and eased concerns over global oil supply disruptions, says analyst.
Business
Bursa pares losses to open higher, tracking Wall Street gains
With geopolitical tensions easing and overnight gains on Wall Street, the Bursa Malaysia’s index is expected to trade between 1,680 and 1,700 today.
Business
Ringgit opens higher against US dollar on improved sentiment
An analyst expects the ringgit-US dollar pair to trade in a RM3.95 to RM3.97 range today.
Business
AI giant Anthropic reaches near-trillion dollar valuation
The latest fundraising round confirms Anthropic's place as one of the most significant players in AI.
Business
IBM bets US$10bil on quantum computing’s commercial future
The US tech giant, founded in 1911, says it has deployed more than 90 quantum systems — more than all rivals combined — and aims to launch the first large-scale…
Business
S&P 500 and Nasdaq hit record closing highs as US and Iran agree to extend ceasefire
Renewed confidence in AI and earnings growth momentum have underscored the recent rally despite the Middle East tensions, which have increased inflationary expectations.
Business
US cuts first-quarter growth estimate as inflation rises
Gross domestic product in the world's biggest economy rose at an annual rate of 1.6% in the first three months this year, down from an earlier estimate of 2.0%.
Business
Musk defends AI ambitions as IPO reveals trouble
SpaceX’s latest prospectus revealed it is leasing massive computing facilities used to train xAI’s Grok models, fuelling doubts over whether Elon Musk’s AI venture remains a serious rival.
World
Treasury chief says US to halt Iranian airlines’ access to landing spots
Scott Bessent’s statement came after the Treasury sanctioned Iran’s Persian Gulf Strait Authority, a new Tehran agency collecting fees in the Strait of Hormuz.
Super Highlight
Pharmaniaga bags RM281.7mil contract to supply human insulin
The pharmaceutical company says the contract represents 70% of the total tender volume.