Newsfeed – Business News
Ringgit opens at 3.9200 against US dollar, higher against most major currencies
KUALA LUMPUR, May 12 — The ringgit opened higher against a basket of major currencies, including the US dollar, ahead of the release of key United States (US) economic data […]
Microsoft boss ‘proud’ of profit-making OpenAI investment
OAKLAND, May 12 — Microsoft CEO Satya Nadella said today he was “very proud” of his company’s profitable early investment in OpenAI, as he took the stand in Elon Musk’s […]
Ancom Nylex’s unit gets govt nod for Iskandar Malaysia PPP rail project
KUALA LUMPUR, May 11 — Ancom Nylex Bhd’s 42.2 per cent-owned subsidiary, Nylex (Malaysia) Bhd has received a letter of intent (LOI) from the government in relation to a proposed […]
KWAP appoints Datuk Jay Khairil Jeremy Abdullah as CEO effective May 20
KUALA LUMPUR, May 11 — The Retirement Fund (Incorporated) (KWAP) has appointed Datuk Jay Khairil Jeremy Abdullah as its new chief executive officer (CEO), effective May 20, 2026. In a […]
Oil‑driven inflation lifts China consumer prices but deflation risks persist amid weak demand
BEIJING, May 11 — China’s consumer prices ticked up in April as the cost of crude oil rose globally due to the Iran war, official data showed today. Helped by […]
Oil soars as Trump shoots down Iran’s terms and Hormuz disruption fears deepen
TOKYO, May 11 — Oil prices rose in Asian trade today after US President Donald Trump rejected Iran’s terms for ending the war in the Middle East, while stocks were […]
China, US to hold trade talks in Seoul ahead of Trump–Xi summit in Beijing
BEIJING, May 11 — Senior Chinese and US officials will hold talks in South Korea in the coming days, Beijing’s commerce ministry and Washington’s treasury secretary said yesterday, ahead of […]
India shields consumers from fuel hikes as Modi calls for reduced petrol and diesel use amid Middle East supply strain
BENGALURU, May 11 — Prime Minister Narendra Modi yesterday urged the people of India to cut down on petrol and diesel consumption amid supply disruptions due to the Middle East […]
Bursa Malaysia opens higher on buying interest in heavyweights after last week’s pullback
KUALA LUMPUR, May 11 — Bursa Malaysia opened firmer today, driven by buying interest in selected heavyweight counters following the market’s retreat after a five-session rally last week. At 9.10 […]
How China’s evolving consumer habits may protect the Amazon rainforest
Chinese meat importers pledge to buy deforestation-free Brazilian beef, challenging industry assumptions Brazilian beef industry lobby expresses concern over new sustainability requirements and potential trade barriers Imaflora developing certification for […]