Newsfeed – Business News
Indonesia says 70pc of its gas stays home — Singapore feels the cut first
JAKARTA, Oct 24 — Effective Saturday, Indonesia begins reducing natural gas exports to Singapore by a planned 31 billion British thermal units per day (BBTUD), according to the country’s upstream […]
Will the US Fed change its tone? Ringgit waits for clues
KUALA LUMPUR, Oct 24 — The ringgit is expected to trade within a narrow range of RM4.07 to RM4.08 against the US dollar next week as investors monitor the outcome […]
Dented car? EON’s new Shah Alam hub has four spray booths ready
SHAH ALAM, Oct 24 — Edaran Otomobil Nasional Bhd (EON) has strengthened its after-sales services for customers with the launch of its first vehicle body and paint repair hub in […]
Gucci and Volvo Cars get hammered as oil and AI worries rattle markets
NEW YORK, Oct 24 — Oil prices rose to their highest levels since late April on Friday, with benchmark crude contract Brent North Sea climbing above US$116 (RM474) a barrel […]
Ukraine refinery strikes, Middle East war: What’s driving US fuel prices?
LONDON, Oct 24 — Ahead of next month’s midterm US elections, Donald Trump has increasingly blamed Ukrainian strikes on Russian refineries for surging energy prices back home, which are causing […]
Napa Valley wineries lose Canadian market and see tourist decline amid Trump tariffs
NAPA (California), Oct 24 — Napa Valley rocketed to international fame when its vintages shocked French rivals in a high-profile blind tasting contest that instantly turned the California corner into […]
Astro’s MBNS to sell broadband business assets to Maxis Broadband for RM83m
KUALA LUMPUR, Oct 23 — Astro Malaysia Holdings Bhd’s wholly owned subsidiary, Measat Broadcast Network Systems Sdn Bhd (MBNS), has entered into a conditional sale and purchase agreement (SPA) with […]
Zetrix AI redesignates Norraesah Mohamad as non-executive chairman
KUALA LUMPUR, Oct 23 — Zetrix AI Bhd has announced in a Bursa Malaysia filing the redesignation of Datuk Dr Norraesah Mohamad as its non-independent and non-executive chairman from her […]
Oil hits five-month high near US$115 as markets weigh AI spending, earnings
LONDON, Oct 23 — Oil prices traded at five-month highs today, with benchmark crude contract Brent North Sea near US$115 (RM459) a barrel, as the Middle East conflict raged on. […]
Ringgit ends easier against US dollar, mixed versus major currencies amid AI, bond yield concerns
KUALA LUMPUR, Oct 23 — The ringgit ended slightly lower against the US dollar today as market sentiment remained cautious amid concerns over artificial intelligence (AI) related share prices and […]