Business news
business
NEW YORK, Jan 15 — U.S. stocks ended higher on Thursday, according to market data. The Dow Jones Industrial Average rose by 0.5%, closing at 35,000 points. The S&P 500 index gained 0.6%, finishing at 4,500 points. The Nasdaq Composite increased by 0.7%
technology
FRANKFURT, Jan 15 — Amazon Web Services (AWS) announced on Thursday it will expand its sovereign cloud infrastructure to Belgium, the Netherlands and Portugal, offering EU clients greater data control amid concerns over US legal access. The expansion builds on an existing sovereign cloud site in eastern Germany and aims to
politics
LONDON, Jan 15 — Mayor Sadiq Khan has warned that London risks "an era of mass unemployment" due to artificial intelligence, urging swift action to harness benefits and offering free AI training to millions of residents. Khan made the comments in a speech outlining the opportunities and risks posed
education
KUALA LUMPUR, Jan 15 — Asia Pacific University of Technology and Innovation (APU) successfully hosted the Actuarial Summit 2025, attracting over 500 participants including students, educators, and industry professionals. The summit was jointly organized by APU and the Institute and Faculty of Actuaries (IFoA) from the UK, with support from the
business
KUALA LUMPUR, Jan 16 — Malaysian businesses are experiencing prolonged tax refund delays, with nearly a quarter waiting over two years for overpaid taxes, according to a survey by the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM), though sentiment is cautiously improving for early 2026. The survey found
business
NEW YORK, Jan 15 — Crude oil futures settled lower on Thursday, according to market data. The decline in oil prices was reported by Xinhua news agency. No specific figures or percentage changes were provided in the brief report. The settlement reflects trading activity for the day. Further details are available
business
LONDON, Jan 15 — Britain's economy expanded marginally in late 2025, exceeding expectations but revealing subdued underlying momentum, according to analysts who urge more comprehensive business support. The growth, while positive, was described as "marginal" by economic observers. Analysts highlighted persistent weaknesses in the economy's
business
CARACAS, Jan 15 — Venezuela's interim President Delcy Rodriguez announced on Thursday she is submitting a proposal to reform the country's hydrocarbon law, aiming to facilitate foreign investment in its oil industry. The move comes as U.S. investors push for easier access to Venezuela's
business
KUALA LUMPUR, Jan 16 — The equity market is poised for upward momentum as the country's gross domestic product growth is expected to exceed 4% this year, coupled with receding US tariff tensions and a narrowing spread between the US federal funds rate and overnight policy rate. Analysts attribute
business
KUALA LUMPUR, Jan 16 — Affin Bank Bhd is expected to see a shift in its growth trajectory as structural changes and execution gains begin to reshape investor expectations over the medium to long term. The bank's strategic initiatives focus on enhancing operational efficiency and expanding its digital offerings.
business
KUALA LUMPUR, Jan 16 — Aurelius Technologies Bhd is actively pivoting to new opportunities to mitigate cyclicality as oil and gas and point-of-sale volumes are expected to remain muted. The company is exploring alternative business avenues to reduce reliance on these sectors. This strategic shift aims to stabilize revenue streams amid
business
KUALA LUMPUR, Jan 16 — Connectivity will remain a key factor for real estate developers, with states like Johor increasing infrastructure investments and cross-border linkages, according to industry analysis. Developers are focusing on projects near transport hubs and border areas to capitalize on improved access. "Infrastructure upgrades are essential for