Newsfeed – Business News
Batik Air halts KL and Subang-Jakarta flights after fresh volcanic‑ash assessment
KUALA LUMPUR, Sept 7 — Scheduled flights between Kuala Lumpur and Jakarta remained cancelled today following ongoing volcanic activity at Mount Anak Krakatau in Indonesia’s Sunda Strait, between Java and […]
UK finance minister Healey to pitch ‘optimistic’ economic plan ahead of Burnham’s first Budget
LONDON, Sept 7 — Britain’s finance minister John Healey today will lay out his economic agenda ahead of fledgeling Prime Minister Andy Burnham’s first budget in October, seeking to deliver […]
ECB poised for rate hike as Middle East fighting pushes eurozone inflation to three‑year high
FRANKFURT, Sept 7 — The European Central Bank is expected to raise interest rates again this week as renewed fighting in the Middle East pushes up energy costs and risks […]
Asian markets mixed as tech rebounds, oil rises and US inflation takes centre stage
HONG KONG, Sept 7 — Tech firms rallied on a mixed day for Asian stocks today, with traders gearing up for a crucial week of events culminating in US inflation […]
Bursa Malaysia opens higher amid stronger US jobs data and rate‑hike expectations
KUALA LUMPUR, Sept 7 — Bursa Malaysia opened higher today, in line with the positive performance in some regional markets. At 9.10 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) […]
Ringgit opens slightly higher against dollar ahead of key US CPI
KUALA LUMPUR, Sept 7 — The ringgit opened slightly higher against the US dollar today, buoyed by expectations of a potential United States (US) interest rate hike following stronger-than-expected US […]
BYD to reveal Malaysia strategy ‘within a week’ amid local-assembly speculation
SHENZHEN, Sept 6 — Chinese electric vehicle (EV) giant BYD Co Ltd is expected to announce within a week its next move for further expansion in Malaysia, amid questions over […]
Malaysia’s fuel supplies safe, but high oil prices could linger for at least two years, says PM’s economic adviser
PUTRAJAYA, Sept 6 — Malaysia’s fuel supply remains stable despite lower global supply levels, with the government confident it can secure sufficient supplies through to the end of the year, […]
Bank Negara says Malaysia growth sustainable, with ‘no sign of overheating’
KUALA LUMPUR, Sept 6 — Sustainable economic growth, as well as contained inflation, were among the factors that led Bank Negara Malaysia (BNM) to maintain the overnight policy rate (OPR) […]
Argentina threatens to sanction oil projects around Falklands
BUENOS AIRES, Sept 6 — Argentina has announced that it will investigate and sanction oil companies working near the Falkland Islands without authorisation, after President Javier Milei said the “winds […]