Newsfeed – Business News
Netanyahu floats an ‘alternative economy’, and his own central bank isn’t buying it
JERUSALEM, Oct 25 — Israel’s central bank has issued a rare rebuke of recent remarks from Prime Minister Benjamin Netanyahu suggesting that the country use cryptocurrency to help establish an […]
Four to five years vs under two: Nissan, Honda, Toyota hit fast-forward button as Japan chases China
TOKYO, Oct 25 — Japanese automakers are stepping up efforts to shorten their vehicle development times as they seek to catch up with Chinese rivals that offer new models to […]
Despite Trump pressure, Fed likely to hold interest rates steady ahead of US midterms
WASHINGTON, Oct 25 — The US Federal Reserve appears set to hold interest rates steady at its meeting next week, analysts say, despite stubbornly high inflation and with markets pricing […]
Indonesia says 70pc of its gas stays home — Singapore feels the cut first
JAKARTA, Oct 24 — Effective Saturday, Indonesia begins reducing natural gas exports to Singapore by a planned 31 billion British thermal units per day (BBTUD), according to the country’s upstream […]
Will the US Fed change its tone? Ringgit waits for clues
KUALA LUMPUR, Oct 24 — The ringgit is expected to trade within a narrow range of RM4.07 to RM4.08 against the US dollar next week as investors monitor the outcome […]
Dented car? EON’s new Shah Alam hub has four spray booths ready
SHAH ALAM, Oct 24 — Edaran Otomobil Nasional Bhd (EON) has strengthened its after-sales services for customers with the launch of its first vehicle body and paint repair hub in […]
Gucci and Volvo Cars get hammered as oil and AI worries rattle markets
NEW YORK, Oct 24 — Oil prices rose to their highest levels since late April on Friday, with benchmark crude contract Brent North Sea climbing above US$116 (RM474) a barrel […]
Ukraine refinery strikes, Middle East war: What’s driving US fuel prices?
LONDON, Oct 24 — Ahead of next month’s midterm US elections, Donald Trump has increasingly blamed Ukrainian strikes on Russian refineries for surging energy prices back home, which are causing […]
Napa Valley wineries lose Canadian market and see tourist decline amid Trump tariffs
NAPA (California), Oct 24 — Napa Valley rocketed to international fame when its vintages shocked French rivals in a high-profile blind tasting contest that instantly turned the California corner into […]
Astro’s MBNS to sell broadband business assets to Maxis Broadband for RM83m
KUALA LUMPUR, Oct 23 — Astro Malaysia Holdings Bhd’s wholly owned subsidiary, Measat Broadcast Network Systems Sdn Bhd (MBNS), has entered into a conditional sale and purchase agreement (SPA) with […]