Business

Global Markets Rally on Positive Economic Data Ahead of US Inauguration

NEW YORK/LONDON (Jan 18): Global equities rose on Friday, driven by strong economic data and upbeat corporate earnings, while US Treasury yields and the dollar rebounded after recent declines. MSCI’s global equities index gained 0.78%, with Wall Street’s major indices posting solid weekly gains. The Dow Jones climbed 0.78% to 43,487.83, the S&P 500 rose […]

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US AI Chip Restrictions Unlikely to Impact Malaysia’s Data Centres

KUALA LUMPUR: Malaysia’s Tier 2 classification under the United States’ new artificial intelligence (AI) chip export restrictions is expected to have minimal impact on existing data centres, according to Deputy Investment, Trade and Industry Minister Liew Chin Tong. Speaking at the Rehda Institute’s CEO Series 2025, Liew said, “As far as we understand, it has

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Johor Bahru’s Economic Potential Hinges on Collaboration

PETALING JAYA: Johor Bahru’s emergence as a key economic hub will rely on seamless collaboration between Malaysia’s federal and state governments and their strategic partnership with Singapore. Knight Frank Malaysia’s executive director Allan Sim emphasized that synchronized policies between the two nations are crucial. “Johor Bahru’s growth hinges on federal-state cooperation and its synergy with

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