Newsfeed – Business News
Selangor International Business Summit: State attracts over RM3b in potential investment from four foreign investors
KUALA LUMPUR, Oct 14 — Selangor has attracted potential investment exceeding RM3 billion from four foreign investors through Letters of Intent (LOIs) facilitated by UOB Malaysia to Invest Selangor, reflecting […]
Diesel supplies to remain ‘tight’ into 2027 amid Iran war fallout, says IEA
PARIS, Oct 14 — Diesel supply disruptions in the Gulf stemming from the US war against Iran will keep the market tight into 2027, the International Energy Agency said today, […]
Ringgit closes higher against US dollar on improved risk appetite, Budget 2027 boost
KUALA LUMPUR, Oct 14 — The ringgit closed higher against the greenback today as investors’ risk appetite improved ahead of US inflation data, with sentiment supported by the Budget 2027 […]
Bursa Malaysia extends winning streak to four days as bargain hunting continues
KUALA LUMPUR, Oct 14 — Bursa Malaysia’s index extended its winning streak to four consecutive days, ending higher today, as bargain hunting continued in banking heavyweights, with the market remaining […]
Asian stocks mostly down as tech firms struggle to claw back losses
HONG KONG, Oct 14 — Asian stocks mostly fell today as investors struggled to claw back the previous day’s steep tech losses following disappointing comments from Dutch giant ASML, with […]
BNM, Securities Commission caution public over deepfake investment scams using senior officers’ identities
KUALA LUMPUR, Oct 14 — Bank Negara Malaysia (BNM) and the Securities Commission Malaysia (SC) have warned the public against deepfake videos impersonating their senior officers to promote private investment […]
IMF chief: Saudi attacks could have negative spillover ‘everywhere’, warns global resilience ‘reaching its limits’
BANGKOK, Oct 14 — International Monetary Fund head Kristalina Georgieva said today that recent attacks on Saudi Arabia could impact people “everywhere”, as conflict in the energy-rich region adds to […]
China spend, US save, Europe invest: IMF chief calls for ‘urgent repairs’ to fiscal house as debt pressures grow
BANGKOK, Oct 14 — The head of the International Monetary Fund today called for countries to make “urgent repairs” to address fiscal balances, as bond yields spike and pressure grows […]
China trade surplus hits US$133.5b as US, EU exports surge, putting record year in reach
BEIJING, Oct 14 — China’s exports soared in September, official data showed today, putting the country on course for a record annual trade surplus that is likely to increase calls […]
British energy giant BP cuts debt as higher oil prices boost finances
LONDON, Oct 14 — British energy giant BP reported yesterday that it had slashed its debt pile as the US-Iran war pushes up oil and gas prices. In a trading […]