Newsfeed – Business News
Iran transfers US$7.5b in oil revenues to central bank amid US blockade
ISTANBUL, Aug 29 — Iran transferred US$7.5 billion (RM31.6 billion) in oil revenues from sales during the first four months of the current Iranian year to the central bank, Anadolu […]
US Fed chief Warsh sends Wall Street lower with hawkish inflation warning
NEW YORK, Aug 29 — Wall Street stocks dipped while the dollar rallied Friday after Federal Reserve chief Kevin Warsh flagged fighting high inflation as a priority in a speech […]
‘Numbers are more concerning’: US Fed chief Warsh breaks silence on economy, but still keeps markets guessing
WASHINGTON, Aug 29 — US Federal Reserve chair Kevin Warsh on Friday offered rare insight into his economic outlook, flagging that high inflation in the world’s largest economy was “concerning” […]
Venezuela confirms ‘historic’ US oil deal covering 65 billion barrels
CARACAS, Aug 29 — Caracas on Friday confirmed that Venezuela had signed a major oil deal with the United States, giving Washington majority control of 65 billion barrels of proven […]
Club Med eyes Hong Kong listing to fuel global expansion
PARIS, Aug 29 — Fosun, the Chinese owner of Club Med, on Friday said it had filed for an initial public offering in Hong Kong for the travel operator and […]
Trump says US clinches ‘biggest oil deal in world history’ with Venezuela worth nearly US$100b
WASHINGTON, Aug 29 — President Donald Trump said Friday his administration has reached a huge oil deal with Venezuela that gives the United States majority control of 65 billion barrels […]
Iceland’s EU vote puts its fishing wealth — and hard-won rights — on the line
VESTMANNAEYJAR, Aug 29 — Trawler captain Jon Atli Gunnarsson was eight years old when Iceland won the last “Cod War” with Britain. Half a century later, there’s no way he’s […]
All eyes on Warsh as Fed chair opens Jackson Hole meeting; markets brace for limited guidance
WASHINGTON, Aug 28 — Markets will be wanting much — but expecting little — from US Federal Reserve Chair Kevin Warsh as he kicks off the Jackson Hole central banking […]
Ringgit firms against US dollar as markets await Fed chair Warsh’s Jackson Hole remarks
KUALA LUMPUR, Aug 28 — The ringgit ended higher against the greenback and major currencies today ahead of US Federal Reserve (Fed) Chair Kevin Warsh’s speech at the Jackson Hole […]
Petronas posts resilient 1H 2026 results, stays focused on safeguarding energy security
KUALA LUMPUR, Aug 28 — For the first half of the financial year ended June 30, 2026 (1H 2026), Petroliam Nasional Bhd (Petronas) recorded modest net profit and revenue that […]