Newsfeed – Business News
Oil falls as Trump signals dialogue with Iran over nuclear programme
SINGAPORE: Oil prices slipped on Friday on signs the U.S. may engage in dialogue with Iran over its nuclear programme, reducing concerns of supply disruptions from a U.S. attack, though […]
UBS raises gold price target to US$6,200/oz
UBS has raised its gold price target to US$6,200 per ounce from $5,000 for March, June and September 2026, citing stronger-than-expected demand stemming from increased investment. Read full story Date: […]
China to deepen capital account opening
CHINA will deepen high-quality capital account opening and improve the diversified investment and use of the country’s foreign exchange reserves in the coming five years, as part of broader efforts […]
Indonesia vows market reform after US$80bil rout; bourse chief quits
JAKARTA/SINGAPORE: Indonesia’s chief economic minister promised increased financial market transparency and improved corporate governance on Friday, after the stock exchange chief resigned to take responsibility for a $80 billion share […]
Asian currencies ease as dollar gains on Fed chair speculation
ASIAN currencies eased on Friday as the dollar gained after U.S. President Donald Trump said he would soon nominate his choice to head the Federal Reserve, while Indonesian stocks recovered […]
Trump to announce his Fed chief pick on Friday
WASHINGTON: President Donald Trump said on Thursday he intends to announce his pick to replace Federal Reserve Chair Jerome Powell on Friday, with speculation intensifying that the nod will go […]
Bank Negara rejects using ringgit to help exports
MALAYSIA’s central bank said strong growth and ongoing reforms would provide support for the ringgit, ruling out using the currency to support exports, which it said are determined by global […]
MISC consortium executes vessel time charter for Norway’s Northern Lights project
KUALA LUMPUR: MISC Bhd’s consortium with Kawasaki Kisen Kaisha Ltd (K Line) has executed a long-term time charter agreement wtih Northern Lights JV DA for a new build 12,000 cubic […]
Hartanah Kenyalang unit to construct Sibu prison for RM275.33mil
KUALA LUMPUR: Hartanah Kenyalang Bhd said its wholly-owned subsidiary Hartanah Construction Sdn Bhd has accepted a design-and-build contract from the Public Works Department for the construction of a prison in […]
Malaysia’s official reserve assets at US$125.53bil as at end-Dec 2025
KUALA LUMPUR: Malaysia’s official reserve assets amounted to US$125.53 billion, while other foreign currency assets stood at US$266.1 million as at end-December 2025. Read full story Date: 30 January, 2026 […]