Newsfeed – Business News
Ringgit closes stronger against US dollar, regional peers on cautious optimism over Middle East
KUALA LUMPUR, April 10 — The ringgit swept higher against major and Asean currencies on the last trading day of the week, supported by sustained buying interest amid cautious optimism […]
Shippers weigh unusual routes as high air cargo rates, Middle East gridlock persist
LOS ANGELES, April 10 — Some shippers caught between high jet fuel prices and congestion in vital Middle East waterways are now looking for transport routes in unexpected places, with […]
Bursa closes higher as tech, property stocks lead late gains
KUALA LUMPUR, April 10 — Bursa Malaysia closed broadly higher, with buying momentum seen mainly in technology, property and construction stocks. At 5pm, the FTSE Bursa Malaysia KLCI (FBM […]
Dubai caps foreign airlines at one daily flight to its airports until May 31, hitting Indian carriers hardest
NEW DELHI, April 10 — Dubai has restricted foreign airlines to just one daily flight to its airports until May 31 due to the Iran crisis, igniting revenue loss fears […]
IMF to cut global growth outlook as war in West Asia weighs on economy
WASHINGTON, April 10 — The International Monetary Fund will lower global growth forecasts due to the Middle East war, its chief said Thursday, warning of the conflict’s “scarring effects” despite […]
Stats Dept: Malaysia’s wholesale, retail sales rise 5.3pc to RM156.3b in February
KUALA LUMPUR, April 10 — Malaysia’s wholesale and retail trade in February 2026 recorded sales of RM156.3 billion, up 5.3 per cent year-on-year (y-o-y), according to the Department of Statistics […]
Airline pilots warn of pay cuts, sack risks over refusing Middle East flights
MONTREAL, April 10 — Airline pilots who have safety concerns about flying in the Middle East during the Iran war have told a global aviators’ union group they fear blowback […]
Japan to release 20 days of oil reserves to steady supply amid Middle East tensions
TOKYO, April 9 — Japan plans to release a further 20 days’ worth of oil reserves as early as next month, local media reported on Friday citing an announcement by […]
SpaceX posts nearly US$5b loss in 2025 amid rapid expansion, report says
LONDON, April 9 — Elon Musk’s IPO-bound SpaceX posted a loss of nearly US$5 billion (RM19.86 billion) in 2025 on revenue of more than US$18.5 billion, The Information reported on Thursday, […]
Indonesia sees 5.5pc 1Q growth, buoyed by domestic demand
JAKARTA, April 10 — Indonesia is optimistic its economy will expand by at least 5.5 per cent in the first quarter (1Q) this year, supported by resilient domestic demand and […]