
Local & World Business News

Asian stocks skittish as Middle East anxiety offsets AI optimism
Conflicting US-Iran developments leave markets whipsawing, capping gains from renewed tech momentum.
World Business

Stocks steady at record highs as AI optimism trumps Iran tensions

Vietnam’s agriculture exports up 9% in Jan-May, surplus hits US$8.4bil
Prosecutors said the British firm’s name kept popping up in hundreds of requests for assistance from investigating authorities in other countries.
European stock markets traded mixed after gains for main equity indices in Asia as the dollar firmed against its main rivals.
Emmanuel Macron said the pledges include €45 billion from Japanese tech investor SoftBank, which would be spent by 2031 on data centres in northern France.
Central bank governor Francois Villeroy de Galhau said forecasts remain positive and declined to discuss a possible recession.
Local Business

US takes step to halt Nvidia AI chip shipments to Chinese firms outside China

Belawan, Penang and Perlis link up in new trade route
In a filing with Bursa Malaysia, the company says a 121.41-hectare plot of freehold land will be acquired for an industrial park project comprising warehouses, factories and related infrastructure.
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.
A possible reopening of the Strait of Hormuz has boosted investor confidence and eased concerns over global oil supply disruptions, says analyst.
Investors turn cautious amid ongoing geopolitical uncertainties in the Middle East, says analyst.










