Newsfeed – Business News
Ringgit edges up as US Fed next move under scrutiny
KUALA LUMPUR, June 23 — The ringgit rebounded from yesterday’s losses to end higher against the US dollar and Asean currencies, and was mostly firmer against other major currencies today […]
Can Jakarta dodge a devastating downgrade? MSCI set to decide Indonesia’s emerging markets status today
SINGAPORE, June 23 — Global index provider MSCI is poised to decide on Tuesday on whether Indonesia retains its emerging markets status or edges towards a downgrade, a move that […]
Meta bets on Indian startup head Kunal Shah to take charge of WhatsApp
MUMBAI, June 23 — Meta has tapped Indian fintech founder Kunal Shah as the new head of WhatsApp, as the US tech giant seeks ways to monetise the messaging app’s […]
SpaceX stock craters, hundreds of billions wiped out as AI scepticism hits Wall Street
HONG KONG, June 23 — Asian equities fluctuated Tuesday following a tech-led sell-off on Wall Street as investors again questioned a long-running AI-fuelled boom, while crude largely held losses that […]
Ringgit up versus the dollar as US-Iran sanctions waiver and fiscal reforms drive gains
KUALA LUMPUR, June 23 — The ringgit opened higher against the US dollar on Tuesday as peace negotiations in West Asia made progress, an analyst said. At 8 am, the […]
Oil slides as sanctions waiver begins under US-Iran peace talks
NEW YORK, June 23 — Crude prices fell Monday after the US said it is temporarily lifting sanctions on Iran to allow it to export oil, while the Nasdaq retreated […]
India may need to import sugar as El Niño and ethanol demand keep exports off the market for years
El Nino threatens lowest rainfall in 11 years Farmers switch from cane to less water-intensive crops India expands ethanol use despite tighter cane supplies Former top exporter may import amid […]
Alan Greenspan, economist and former Fed chair whose legacy was reshaped by the financial crisis, dies at 100
WASHINGTON, June 22 — Alan Greenspan, hailed as the greatest Federal Reserve chairman when he retired in 2006 but derided for a severe financial crisis that followed barely two years […]
Alan Greenspan, economist and longtime head of US Federal Reserve, dies at 100, NBC News reports
WASHINGTON, June 22 — Alan Greenspan, the influential economist who steered US monetary policy during his five terms as chairman of the Federal Reserve under four presidents, died at 100, […]
Malaysia Airlines and Singapore Airlines launch joint fare products on KL-Singapore route
SINGAPORE, June 22 — Malaysia Airlines (MAB) and Singapore Airlines (SIA) today unveiled joint fare products for travel between Singapore and Kuala Lumpur following the strategic joint business partnership formalised […]