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Business
Adidas sees €120mil Trump tariff hit
North America last year accounted for over 20% of Adidas’s sales. (AP pic) FRANKFURT: German sportswear giant Adidas said Wednesday…
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Business
Bursa slaps Perak Corp with UMA query after shares surge
Perak Corp’s share price has surged 77% in the past week, and 255% over the past one month. PETALING JAYA:…
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Malaysia bets on mix of solar and gas as it shifts away from coal
Solar currently accounts for around 2% of Malaysia’s annual power output. (Atonergi pic) SINGAPORE: Malaysia will focus on a mix…
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Wall Street futures rise as Nvidia eyes US$5tril market cap
Dow E-minis rose 0.13%, S&P 500 E-minis gained 0.25% and Nasdaq 100 E-minis added 0.42%. (EPA Images pic) NEW YORK:…
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Trump announces trade breakthrough with South Korea on Asia trip
US President Donald Trump and South Korean President Lee Jae Myung agreed that Seoul can split its promised US$350 billion…
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Ringgit extends gains for 5th day on improved investor confidence
KUALA LUMPUR: The ringgit strengthened for the fifth straight day against the US dollar and other major currencies, supported by…
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Norway’s sovereign wealth fund says it earned US$103bil in Q3
Norway’s sovereign wealth fund has invested in more than 8,500 companies around the world. (Getty Images pic) OSLO: Norway’s sovereign…
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Business
Bursa ends marginally lower ahead of US Fed rate decision
KUALA LUMPUR: Bursa Malaysia ended marginally lower today as investors remained cautious ahead of the US Federal Reserve’s (Fed) interest…
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Business
UK drugmaker GSK lifts 2025 guidance despite US tariffs
GSK revealed it planned to invest US$30 billion in the US over the next five years. (EPA Images pic) LONDON:…
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Business
Mercedes-Benz profit plunges on China slump and US tariffs
Mercedes-Benz’s sales by volume in key market China fell 27% in the third quarter, dragging overall sales down 12%. (EPA…
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