Newsfeed – Business News
TikTok Shop posts over 130pc sales growth during Ramadan, Aidilfitri
KUALA LUMPUR, April 9 — TikTok Shop, which markets Malaysian-made products by micro, small and medium enterprises (MSMEs) as well as local brands via TikTok Shop Mall, recorded sales growth […]
ExxonMobil flags 6pc first-quarter output drop from Middle East disruptions
NEW YORK, April 9 — ExxonMobil on Wednesday disclosed a six per cent drop in first-quarter petroleum production due to Middle East war-related outages, according to a securities filing. The […]
Bursa Malaysia opens lower despite Wall Street gains, Brent crude rises
KUALA LUMPUR, April 9 — Bursa Malaysia opened lower on Thursday despite positive Wall Street performance overnight. At 9.06am, the FTSE Bursa Malaysia KLCI (FBM KLCI) declined 10.58 points, or […]
Oil prices dive, markets rally on US-Iran ceasefire
NEW YORK, April 9 — Oil and gas prices plunged, stock markets soared and the dollar retreated Wednesday after the United States and Iran agreed to a temporary ceasefire that […]
Malaysian glove maker WRP to wind down operations as Iran war drives costs, supply crunch
KUALA LUMPUR, April 9 — Malaysian rubber glove manufacturer WRP Asia Pacific Sdn Bhd will begin winding down its operations this month, citing disruptions to global energy and petrochemical supply […]
Ringgit firms at 3.97 amid ceasefire optimism, but outlook stays fragile
KUALA LUMPUR, April 9 — The ringgit remained firmer at the 3.97 level against the US dollar and other major currencies at Thursday’s opening, supported by improved market optimism following […]
Vietnam’s US$200b building blitz: To Lam fast-tracks growth gamble
HANOI, April 8 — The world’s largest stadium, South-east Asia’s biggest exhibition hall and hundreds of major road, aviation and energy projects — Vietnam is building faster than ever in […]
Ringgit jumps to 3.97 against US dollar as US-Iran ceasefire lifts sentiment
KUALA LUMPUR, April 8 — The ringgit strengthened to close at 3.97 against the US dollar today, as optimism returned following a two-week ceasefire between the United States and Iran […]
Grab rolls out 13 AI features to sharpen superapp edge across South-east Asia
JAKARTA, April 8 — South-east Asia’s top ride-hailing and delivery firm, Grab, has unveiled 13 new artificial intelligence (AI)-powered features at its annual GrabX 2026 showcase, positioning its platform as […]
Bursa Malaysia jumps 1.16pc as US-Iran ceasefire lifts market sentiment
KUALA LUMPUR, April 8 — Bursa Malaysia ended broadly higher, with the benchmark index rising 1.16 per cent to close near the 1,700 mark, supported by positive sentiment following news […]