Newsfeed – Business News
Running on fumes: Airlines warn of groundings as jet fuel becomes the new gold
LONDON, April 14 — Air travel’s worst crisis in years lurched deeper on Tuesday as Qantas Airways warned of spiralling costs, Lufthansa said it may have to ground planes and […]
IEA sees global oil demand falling for first time since Covid, warns of ‘demand destruction’
PARIS, April 14 — Demand for crude oil will likely decline this year for the first time since the Covid pandemic slammed the global economy six years ago, weighed down […]
KLCI market wrap: Bursa Malaysia futures gain momentum as volume rises
KUALA LUMPUR, April 14 — FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives ended higher on Tuesday in tandem with the underlying cash market. The April 2026 […]
US blockade against Iran triggers global energy shock fears; China denounces ‘dangerous’ move
ARIS, April 14 — Washington’s decision to blockade Iranian ports in the Strait of Hormuz is sending tremors through global energy markets, raising fears of a fresh oil shock by […]
Philippines seeks US nod to expand Russian oil imports as shortages bite
MANILA, April 14 — Manila said Tuesday it was seeking US permission to buy more Russian crude, as the import-dependent Philippines scrambles to shore up scant fuel supplies amid a […]
Bursa Malaysia extends gains at midday amid regional rally, cautious sentiment
KUALA LUMPUR, April 14 — Bursa Malaysia extended gains at midday on Tuesday, tracking firmer regional markets as sentiment improved on continued buying in selected heavyweights, led by financial stocks. […]
Hormuz must stay open even with tolls, says TotalEnergies CEO as supply risks loom
WASHINGTON, April 14 — The head of the French energy giant TotalEnergies said Monday that reopening the Strait of Hormuz — even with a toll — was critical for global […]
China Evergrande founder Hui Ka Yan pleads guilty to illegal fundraising in landmark fraud trial
BEIJING, April 14 — China Evergrande Group’s founder Hui Ka Yan pleaded guilty to charges including illegal absorption of public deposits and fundraising fraud in a court in Shenzhen, which […]
Asian stocks rally, crude drops on lingering hope for peace deal
HONG KONG, April 14 — Stocks rose and oil fell Tuesday on hopes for a deal to end the Middle East war and reopen the Strait of Hormuz, with Donald […]
Bursa to suspend trading of Sentoria shares on April 21 after winding-up orders
KUALA LUMPUR, April 14 — Bursa Malaysia Securities Bhd will suspend trading of property developer Sentoria Group Bhd’s securities effective on April 21, 2026, following winding-up orders granted by […]