Newsfeed – Business News
Ringgit eases against US dollar amid rising West Asia tensions
KUALA LUMPUR, June 22 — The ringgit eased against the US dollar today, as growing uncertainties surrounding the West Asia conflict and expectations of a potential United States (US) Federal […]
Bursa Malaysia ends softer as profit‑taking halts recent rebound
KUALA LUMPUR, June 22 — Bursa Malaysia ended on a softer note today as investors engaged in profit-taking following the recent rebound in the local market, an analyst said. At […]
Airlines seen pocketing US$40b windfall as fares stay high despite plunging fuel prices
LONDON, June 22 — Airlines stand to save billions of dollars on jet fuel after an interim US-Iran peace deal sent oil prices lower, but passengers are unlikely to see […]
Pound falls as Burnham’s rise sparks investor concern over UK fiscal rules
LONDON, June 22 — The pound eased on Monday, as speculation mounted that Prime Minister Keir Starmer could set out a timetable for his departure imminently, paving the way for […]
AirAsia says fares to drop once fuel prices stabilise, eyes one billion passengers by end of 2027
KUALA LUMPUR, June 22 — AirAsia Group has said it will reduce airfares once fuel prices drop and stabilise as tensions begin easing in the Middle East. AirAsia Group chief executive […]
Nikkei up 1.9pc, Kospi adds 2.6pc as Asian shares pump on Iran-US talks
SYDNEY, June 22 — Asian share markets swung higher on Monday as Iranian negotiators said progress had been made in peace talks with the United States, helping calm fears the […]
Malaysia’s ringgit slips to 4.13 against the dollar as US Fed turns hawkish, Iran peace talks falter
KUALA LUMPUR, June 22 — The ringgit opened lower against the US dollar on Monday, but strengthened against other major currencies amid cautious trading as market players closely watched West […]
Hormuz ship traffic evaporates after Iran again locks down strategic waterway
SINGAPORE, June 22 — The number of ships that passed through the Strait of Hormuz fell sharply on Sunday after Iran announced it had again closed the waterway, citing Israeli […]
The yoghurt fight thickens as Danone sues Chobani over protein labels
Danone sued Chobani over protein claims this week Chobani CEO Ulukaya dismisses Danone’s claims Demand for yoghurt tends to increase among GLP-1 users, says BCG Chobani growing faster than Danone […]
Iraq projects oil production to return to pre-war levels within two months
BAGHDAD, June 20 — Iraqi authorities predict oil production will return to peacetime levels “within one to two months”, state media reported, after the Middle East war caused exports to […]