Newsfeed – Business News
China Evergrande founder Hui Ka Yan pleads guilty to illegal fundraising in landmark fraud trial
BEIJING, April 14 — China Evergrande Group’s founder Hui Ka Yan pleaded guilty to charges including illegal absorption of public deposits and fundraising fraud in a court in Shenzhen, which […]
Asian stocks rally, crude drops on lingering hope for peace deal
HONG KONG, April 14 — Stocks rose and oil fell Tuesday on hopes for a deal to end the Middle East war and reopen the Strait of Hormuz, with Donald […]
Bursa to suspend trading of Sentoria shares on April 21 after winding-up orders
KUALA LUMPUR, April 14 — Bursa Malaysia Securities Bhd will suspend trading of property developer Sentoria Group Bhd’s securities effective on April 21, 2026, following winding-up orders granted by […]
EU doubles steel tariffs to 50pc to curb flood of Chinese exports, protect industry
BRUSSELS, April 14 — EU lawmakers and countries agreed to double tariffs on foreign steel on Monday, to shield the bloc’s struggling industry from a flood of cheap Chinese exports. […]
Venezuela courts investment as Chevron expands oil footprint
CARACAS, April 14 — US oil giant Chevron and the government of Venezuela signed two deals Monday that will expand oil production in the country, as the country seeks to […]
Australia’s Qantas warns jet fuel surge could add up to AU$800m to costs
SYDNEY, April 14 — Surging jet fuel prices may raise costs for Australia’s Qantas by up to AU$800 million (RM2.24 billion) in the second half of this year, the airline […]
Bursa Malaysia opens higher, trims losses as Wall Street rally lifts sentiment
KUALA LUMPUR, April 14 — Bursa Malaysia pared yesterday’s losses to open higher on Tuesday, tracking overnight gains on Wall Street. At 9.10am, the FTSE Bursa Malaysia KLCI (FBM KLCI) […]
IEA, IMF, World Bank warn fuel, fertiliser prices could stay elevated for prolonged period amid supply shocks
ISTANBUL, April 14 — The International Energy Agency (IEA), the International Monetary Fund (IMF) and the World Bank Group warned Monday that fuel and fertiliser prices could remain elevated for […]
Ringgit rebounds to 3.96 on hopes of more US-Iran peace talks
KUALA LUMPUR, April 14 — The ringgit jumped 135 basis points to rebound to the 3.96 level against the US dollar at the opening today, supported by improved global risk […]
Ringgit closes lower against US dollar as West Asia tensions weigh on sentiment
KUALA LUMPUR, April 13 — The ringgit closed lower against the US dollar on Monday as rising uncertainties in West Asia weighed on sentiment, said an analyst. At 6pm, the […]