Report claims BYD in bid to buy European factories, talking Stellantis among others

PARIS, May 13 — Chinese electric vehicle giant BYD is talking with Jeep-maker Stellantis and other carmakers on taking over their EU plants as part of its international

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H&M to move South-east Asia hub to Kuala Lumpur, announces layoffs for 30pc of regional support headcount

SINGAPORE, May 13 – H&M has announced a major restructuring of its Asia-Pacific operations, relocating its South-east Asia regional headquarters from Singapore to Kuala Lumpur and eliminating approximately

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Ringgit closes higher against US dollar, major currencies as expectations mount for Trump-Xi meeting

KUALA LUMPUR, May 13 — The ringgit closed higher against the US dollar and other major currencies today, supported by improved sentiment towards Asian currencies ahead of the

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Bursa Malaysia ends lower as investors remain cautious amid macro, geopolitical concerns

KUALA LUMPUR, May 13 — Bursa Malaysia ended lower today, reversing yesterday’s gains, as investor sentiment remained cautious amid subdued trading activity, with participants continuing to assess the

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Proton e.MAS sales cross 20,000 mark, driven by Malaysia’s best-selling hybrid model

KUALA LUMPUR, May 13 — PRO-NET, the official distributor for Proton’s electric vehicles, announced today that over 20,000 Proton e.MAS units are now on Malaysian roads, showing the

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eBay rejects GameStop’s US$56b takeover bid, calls offer not credible

PARIS, May 12 — Online marketplace eBay said today that it had rebuffed a takeover offer from video game retailer GameStop that valued the company at US$56 billion

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Ringgit ends higher against major currencies but weaker versus US dollar

KUALA LUMPUR, May 12 — The ringgit closed higher against most major currencies, but eased versus the greenback amid expectations that firmer United States inflation could reinforce the

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Bursa Malaysia closes higher on selective buying in blue chips

KUALA LUMPUR, May 12 — Bursa Malaysia rebounded to close higher today amid selective bargain-hunting in blue-chip stocks after closing lower in the last two trading sessions, analysts

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Bank Muamalat tingkat sokongan kepada PKS menerusi kemudahan bantuan BNM

Kuala Lumpur: Bank Muamalat Malaysia Bhd sedang berusaha memudahkan akses kepada Kemudahan Bantuan Penstabilan PKS (SME SRF) Bank Negara Malaysia (BNM) bagi membantu perusahaan kecil dan sederhana (PKS)

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Unrelenting gas prices: India debates strategy as global conflicts hit supply

NEW DELHI, May 12 — ‌India will at some stage need to assess how long state-run fuel retailers can sustain losses from selling transport fuels below market prices,

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