BUSINESS
Local & World Business News
BUSINESS
Warner Bros. Discovery rejects Paramount bid
Warner Bros said it was confident the merger with Netflix represented superior and more certain value for shareholders.
World Business
BUSINESS
Bleak end to the year as German business morale drops
BUSINESS
Markets rise even as US jobs data fail to boost rate cut bets
China arguably came out slightly ahead in this year’s round of the endless trade war with US President Donald Trump, says analyst.
Hong Kong authorities have moved to regulate the fast-evolving industry to get ahead of financial centres such as Dubai and Singapore.
The potential deal highlights the artificial intelligence sector’s relentless demand for computing power.
Sterling dropped by around half a cent against the US dollar after the data came out, which reinforced expectations for looser monetary policy.
Local Business
BUSINESS
Bursa ends lower on profit-taking after 4-day rally
BUSINESS
Miti to examine US trade deal for potential unfair clauses
Malaysian-German chamber of commerce survey finds 90% of respondents expect favourable conditions despite looming global uncertainties.
The main index eases 2.35 points to 1,645.96 for a third straight session on mild profit-taking in early trade.
The local currency strengthens to 4.0765/4.0935 after the cabinet reshuffle.
Domestically, the latest Cabinet reshuffle by Prime Minister Anwar Ibrahim should be viewed positively for the economy, says analyst.