Newsfeed – Business News
Ringgit closes lower against US dollar as West Asia tensions weigh on sentiment
KUALA LUMPUR, April 13 — The ringgit closed lower against the US dollar on Monday as rising uncertainties in West Asia weighed on sentiment, said an analyst. At 6pm, the […]
Perhilitan: Kelat’s tusk treatment carried out in line with veterinary procedures
PUTRAJAYA, April 13 — The tusk treatment process for an elephant named Kelat was carried out in accordance with veterinary management procedures based on clinical assessment and conservation management by […]
Bursa Malaysia ends lower as US Hormuz blockade plan rattles markets
KUALA LUMPUR, April 13 — Bursa Malaysia closed lower on Monday, tracking weaker regional market performance after Iran-United States talks ended in a stalemate, prompting Washington to proceed with plans […]
Oil prices spike past US$100 on Iran tensions, US blockade announcement
TOKYO, April 13 — The US oil benchmark rebounded above US$100 a barrel today after peace talks between the United States and Iran failed to make a breakthrough, and with […]
IMF chief raises alarm over AI threats to global monetary system stability
WASHINGTON, April 13 — The global monetary system is not prepared to address artificial intelligence’s rapidly escalating risks, the IMF managing director warned yesterday, as a new Anthropic model […]
Ringgit opens mixed, weakens against US dollar amid safe-haven demand
KUALA LUMPUR, April 13 — The ringgit opened mostly higher against major currencies today, but eased slightly against the US dollar amid growing external uncertainties and firmer demand for […]
Iran aims to restore 70–80pc of refining capacity within two months, oil ministry official says
DUBAI, April 12 — Iran expects to restore most damaged refining and distribution facilities to 70-80 per cent of their pre-attack capacity within one to two months, a senior oil […]
Saudi Arabia restores full capacity on East–West pipeline after attacks
CAIRO, April 12 — Saudi Arabia has restored full oil pumping capacity through the East-West pipeline to about seven million barrels per day, it said today, days after providing an […]
China better placed to weather Mideast supply shock thanks to long‑term energy strategy
BEIJING, April 12 — China’s long-term strategy of diversifying energy sources and building stockpiles is helping it weather disruptions from the Iran war, although some sectors still face major snags, […]
Vietnam extends fuel tax suspension until end‑June to stabilise market amid supply disruption
HANOI, April 12 — Vietnam has decided to extend the suspension of taxes on fuels until the end of June from April 15 to stabilise the domestic market, the country’s […]