Newsfeed – Business News
Oil‑driven inflation lifts China consumer prices but deflation risks persist amid weak demand
BEIJING, May 11 — China’s consumer prices ticked up in April as the cost of crude oil rose globally due to the Iran war, official data showed today. Helped by […]
Oil soars as Trump shoots down Iran’s terms and Hormuz disruption fears deepen
TOKYO, May 11 — Oil prices rose in Asian trade today after US President Donald Trump rejected Iran’s terms for ending the war in the Middle East, while stocks were […]
China, US to hold trade talks in Seoul ahead of Trump–Xi summit in Beijing
BEIJING, May 11 — Senior Chinese and US officials will hold talks in South Korea in the coming days, Beijing’s commerce ministry and Washington’s treasury secretary said yesterday, ahead of […]
India shields consumers from fuel hikes as Modi calls for reduced petrol and diesel use amid Middle East supply strain
BENGALURU, May 11 — Prime Minister Narendra Modi yesterday urged the people of India to cut down on petrol and diesel consumption amid supply disruptions due to the Middle East […]
Bursa Malaysia opens higher on buying interest in heavyweights after last week’s pullback
KUALA LUMPUR, May 11 — Bursa Malaysia opened firmer today, driven by buying interest in selected heavyweight counters following the market’s retreat after a five-session rally last week. At 9.10 […]
How China’s evolving consumer habits may protect the Amazon rainforest
Chinese meat importers pledge to buy deforestation-free Brazilian beef, challenging industry assumptions Brazilian beef industry lobby expresses concern over new sustainability requirements and potential trade barriers Imaflora developing certification for […]
US employment boom? Maybe, maybe not — A look under the jobs report’s hood
Household survey shows employment and labour force shrinking despite payroll job gains Labour force participation rate drops to lowest since mid-1970s, excluding pandemic period Hiring concentrated in services, manufacturing jobs […]
Ringgit likely to trade between RM3.90 and RM3.95 next week ahead of Trump-Xi meeting
KUALA LUMPUR, May 9 — The ringgit is expected to trade between RM3.90 and RM3.95 against the US dollar next week ahead of a key meeting between President Donald Trump […]
Bursa Malaysia seen trading range bound next week after KLCI breaks 1750
KUALA LUMPUR, May 9 — Bursa Malaysia is expected to trade in range-bound mode next week after the benchmark index, FBM KLCI, successfully breached above the 1,750 level, supported by […]
China exports jump 14.1 pc in April despite global war-driven economic pressure
BEIJING, May 9 — China’s overseas shipments grew at a faster pace than expected last month, official data showed today, despite pressure on the global economy caused by war […]