Business
TAP Air Portugal cuts losses ahead of privatisation
The net loss fell to €40 million, thanks to increased passengers on flights to North and South America, after a loss of €108 million in the same quarter last year.
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South East Asia
Batam set to host US$5bil AI data centre project
The authority said it would oversee the project through a fast-track execution mechanism to help accelerate investment realisation.
Business
Bursa ends lower on profit-taking
Investor focus is expected to remain centred on first-quarter results from major Malaysian banks, says analyst.
Business
Stocks rally, while oil and dollar ease on Middle East peace hopes
Nikkei surges to a record high as the dollar stumbles and investors move out of safe-haven assets.
Highlight
Malaysia Smelting hits all-time high after Q1 profit soars 456%
Tin miner and smelter’s Q1 FY2026 net profit surged over five-fold to RM42.9 million on soaring tin prices.
Business
Thailand’s trade deficit hits record US$10bil as imports soar
The trend of strong imports and a widening trade deficit is likely to continue if energy prices remain elevated and the artificial intelligence boom continues to fuel trade flows.
Business
Huawei reveals chip design breakthrough amid US sanctions
The 'Tau Scaling Law' targets 1.4-nm-equivalent transistor density in five years through improved system efficiency and data movement.
Business
Toshifumi Suzuki, ‘father’ of Japan convenience stores, dies at 93
Toshifumi Suzuki is credited with opening Japan’s first 7-Eleven store in 1974 and expanding it into the world’s largest convenience store chain, including by reviving the struggling US business.
Business
AI chip demand drives 6% growth for Singapore in first quarter
Strong electronics and wholesale trade activity support economic growth, balancing the fallout from the Middle East war.
Business
Bursa starts lower on cautious sentiment, muted buying
The benchmark index slips to 1,711.07 as losers outpace gainers 276 to 213 in broader market trade.
Business
Ringgit opens higher against greenback on improved sentiment
The local currency strengthens to 3.9635/3.9705 as investor optimism builds over possible progress in US-Iran talks.
Business
Dollar slumps as signs of deal to reopen Hormuz spur risk appetite
Holiday closures across major markets reduce liquidity as traders remain sceptical over whether a US-Iran deal would hold.