Newsfeed – Business News
UAE to fast‑track oil pipeline to bypass Strait of Hormuz by 2027
West-East Pipeline to double oil export capacity via Fujairah New pipeline expected to be operational by 2027 Strait of Hormuz’s effective closure has boosted energy prices ABU DHABI, May 15 […]
Ringgit closes mostly higher on strong GDP but weaker against US dollar
KUALA LUMPUR, May 15 — The ringgit closed mostly higher against major currencies after Bank Negara Malaysia announced that Malaysia’s economy expanded by 5.4 per cent in the first quarter […]
Bursa Malaysia ends lower tracking weak regional sentiment
KUALA LUMPUR, May 15 — Bursa Malaysia ended the day on a low note, in line with the weaker regional market sentiment as investors adopted a cautious stance amid renewed […]
China markets tumble as Trump-Xi summit falls short of expectations
HONG KONG, May 15 — China stocks fell on Friday amid a broader market selloff as a two-day summit between US President Donald Trump and Chinese leader Xi Jinping produced […]
Investors bail on UK Inc amid Starmer leadership crisis, deficit alarms
LONDON, May 15 — British government bonds, stocks and sterling fell on Friday, as domestic political uncertainty clashed with global worries about an inflationary shock, leaving UK assets in the […]
India’s Adani pays US$18m fine to avoid liability in US corruption trial
NEW DELHI, May 15 — Indian billionaire industrialist Gautam Adani has agreed to pay a multi-million-dollar settlement in a US civil court case linked to corruption without admitting guilt, his […]
India hikes fuel prices as Middle East war strains supplies, first rise since February
New Delhi, May 15 — India’s state-run oil companies raised petrol and diesel prices by more than three per cent today as disruption to energy supplies due to the Iran […]
Teo Nie Ching highlights China–Malaysia partnership as driver of digital economy growth
KUALA LUMPUR, May 15 — Malaysia has invited Chinese enterprises to deepen cooperation with local companies in advanced digital technologies, artificial intelligence (AI), 5G applications and clean energy solutions as […]
Ringgit supported by Malaysia’s strong economic outlook and reform momentum, says BNM
KUALA LUMPUR, May 15 — Malaysia’s firm economic prospects and sustained reform momentum are expected to provide enduring support to the ringgit, while external factors will continue to drive exchange […]
Malaysia defies global slump with 5.4pc Q1 GDP growth
KUALA LUMPUR, May 15 — The Malaysian economy recorded a firm growth of 5.4 per cent in the first quarter of 2026, driven by strong domestic demand and a continued […]