Newsfeed – Business News
Petronas confirms fuel supply secured nationwide until June 2026
KUALA LUMPUR, April 15 —Petroliam Nasional Bhd (Petronas) confirms that fuel supply across its network of stations nationwide has been secured through the end of June 2026, an extension from […]
Solarvest, Malaysia’s biggest solar firm, seeks faster rollout of projects as Iran war drives demand
KUALA LUMPUR, April 15 — Malaysian solar firm Solarvest Holdings Bhd is looking to accelerate delivery of its large-scale renewable energy projects as rising global demand for clean power […]
Ringgit opens higher at 3.94 against US dollar on hopes of US-Iran talks
KUALA LUMPUR, April 15 — The ringgit opened higher today, climbing to the 3.94 level against the US dollar, supported by improved sentiment on expectations of diplomatic progress following reports […]
Who’s blockading whom? How the US lockdown of Iranian oil affects global markets
KUALA LUMPUR, April 15 — The US military said it would block shipping traffic in and out of Iran’s ports starting at 1400 GMT on Monday, a move that would […]
Running on fumes: Airlines warn of groundings as jet fuel becomes the new gold
LONDON, April 14 — Air travel’s worst crisis in years lurched deeper on Tuesday as Qantas Airways warned of spiralling costs, Lufthansa said it may have to ground planes and […]
IEA sees global oil demand falling for first time since Covid, warns of ‘demand destruction’
PARIS, April 14 — Demand for crude oil will likely decline this year for the first time since the Covid pandemic slammed the global economy six years ago, weighed down […]
KLCI market wrap: Bursa Malaysia futures gain momentum as volume rises
KUALA LUMPUR, April 14 — FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives ended higher on Tuesday in tandem with the underlying cash market. The April 2026 […]
US blockade against Iran triggers global energy shock fears; China denounces ‘dangerous’ move
ARIS, April 14 — Washington’s decision to blockade Iranian ports in the Strait of Hormuz is sending tremors through global energy markets, raising fears of a fresh oil shock by […]
Philippines seeks US nod to expand Russian oil imports as shortages bite
MANILA, April 14 — Manila said Tuesday it was seeking US permission to buy more Russian crude, as the import-dependent Philippines scrambles to shore up scant fuel supplies amid a […]
Bursa Malaysia extends gains at midday amid regional rally, cautious sentiment
KUALA LUMPUR, April 14 — Bursa Malaysia extended gains at midday on Tuesday, tracking firmer regional markets as sentiment improved on continued buying in selected heavyweights, led by financial stocks. […]