Newsfeed – Business News
Oil prices jump further as hopes for Hormuz deal fade
HONG KONG, Aug 11 — Oil prices extended a strong rally today as hopes for a reopening of the Strait of Hormuz fade, fanning fresh inflation fears and ramping up bets […]
AI’s hunger for power sparks US private gas plant boom
WASHINGTON, Aug 11 — As US tech companies race to build the data centres fueling the AI boom, they are increasingly putting up their own power plants — off the grid […]
Meta pushes global AI vision amid race with OpenAI, Anthropic and China
SAN FRANCISCO, Aug 11 — Meta boss Mark Zuckerberg laid out a vision for how the United States and the social media giant could win a global race to dominate […]
Ringgit strengthens against yen, euro amid US dollar gains
KUALA LUMPUR, Aug 11 — The ringgit opened mixed against a basket of major currencies today, while the US dollar strengthened amid elevated crude oil prices following the reopening of the […]
Ringgit steady as US job dip casts rate hike in doubt
KUALA LUMPUR, Aug 10 —The ringgit held steady against the US dollar at the close today as the United States’ (US) weak job numbers weighed on the greenback’s performance. At 6pm, […]
Bursa Malaysia ends marginally lower as investors stay on sidelines
KUALA LUMPUR, Aug 10 — Bursa Malaysia ended marginally lower on Monday, as investors largely stayed on the sidelines and adopted a wait-and-see approach amid uncertainties over US monetary policy and geopolitical […]
Asean must boost internal trade to realise 2030 economic ambitions, says Mohamad Hasan
PUTRAJAYA, Aug 10 — Asean needs to increase intra-Asean trade, which currently accounts for less than 25 per cent, to realise its potential of becoming the world’s fourth-largest economic bloc […]
Former AmBank deputy chairman Azlan Hashim dies
KUALA LUMPUR, Aug 10 — AmBank Group mourns the passing of Datuk Azlan Hashim, a respected former leader whose contributions formed an important part of the group’s history. In an […]
Malaysia’s palm oil stocks rise in July despite 14.5pc jump in exports
KUALA LUMPUR, Aug 10 — Malaysia’s palm oil stockpiles rose by 3.32 per cent, or 84,495 tonnes, to 2.63 million tonnes in July 2026 from 2.54 million tonnes a month […]
Miti urges strong-performing firms to reward workers with higher pay and bonuses
GEORGE TOWN, Aug 10 — The Ministry of Investment, Trade and Industry (Miti) will continue to empower the electrical and electronics (E&E) sector to ensure Malaysia remains an important player […]