Newsfeed – Business News
Japan to release 20 days of oil reserves to steady supply amid Middle East tensions
TOKYO, April 9 — Japan plans to release a further 20 days’ worth of oil reserves as early as next month, local media reported on Friday citing an announcement by […]
SpaceX posts nearly US$5b loss in 2025 amid rapid expansion, report says
LONDON, April 9 — Elon Musk’s IPO-bound SpaceX posted a loss of nearly US$5 billion (RM19.86 billion) in 2025 on revenue of more than US$18.5 billion, The Information reported on Thursday, […]
Indonesia sees 5.5pc 1Q growth, buoyed by domestic demand
JAKARTA, April 10 — Indonesia is optimistic its economy will expand by at least 5.5 per cent in the first quarter (1Q) this year, supported by resilient domestic demand and […]
Bursa Malaysia edges higher at opening
KUALA LUMPUR, April 10 — Bursa Malaysia opened slightly higher on Friday, taking cues from positive overnight Wall Street performance, ahead of the United States (US)-Iran ceasefire talks in Pakistan […]
Ringgit firms further against US dollar as improving sentiment lifts demand
KUALA LUMPUR, April 10 — The ringgit remained firm against the US dollar at the opening on Friday, supported by sustained demand for the local currency amid improving risk appetite […]
Weststar Aviation secures RM2b financing from AmBank to double fleet
KUALA LUMPUR, April 9 — Weststar Group’s aviation arm Weststar Aviation Services Sdn Bhd has inked a RM2 billion financing deal with AMMB Holdings Bhd (AmBank Group) to accelerate its […]
From plastics to palm oil: Nine in 10 Malaysian manufacturers face crunch from shortages and high costs
KUALA LUMPUR, April 9 — Malaysian manufacturers are bracing for disruption. Nine in 10 manufacturers in the country expect operational hiccups in the coming weeks, with raw material shortages, rising […]
Subsidy surge: India raises fertiliser support 11pc as war-driven costs bite
NEW DELHI, April 9 — India has hiked subsidies for farming fertilisers by 11 per cent from last year to support its vast agriculture sector from surging prices sparked by […]
Labuan FSA unveils five-year plan to strengthen Islamic finance and digital economy from 2027
LABUAN, April 9 — The Labuan Financial Services Authority (Labuan FSA) is set to launch a new five-year blueprint by the end of this year or early next year, with […]
TikTok Shop posts over 130pc sales growth during Ramadan, Aidilfitri
KUALA LUMPUR, April 9 — TikTok Shop, which markets Malaysian-made products by micro, small and medium enterprises (MSMEs) as well as local brands via TikTok Shop Mall, recorded sales growth […]