Newsfeed – Business News
Ringgit may test 3.95 next week on West Asia ceasefire optimism, say economists
KUALA LUMPUR, April 11 — The ringgit is expected to maintain its upward trajectory next week and could breach the 3.95 level amid cautious optimism over developments in West Asia, […]
Bursa Malaysia seen trending higher next week on firmer sentiment and foreign inflows, with KLCI nearing 1,700
KUALA LUMPUR, April 11 — Bursa Malaysia’s benchmark index is likely to break above the 1,700 psychological level in the coming week on firmer sentiment, alongside oil price stabilisation, supportive […]
US inflation surges in March on soaring fuel costs amid Iran-Israel conflict
WASHINGTON, April 30 — Inflation in the United States rose sharply in March, government data showed yesterday, as higher energy prices due to the war in the Middle East […]
Middle East conflict fallout to hit Asia’s economies through 2027, ADB says
MANILA, April 11 — The Middle East war is expected to drag on Asia’s economies over this year and next, the Asian Development Bank warned yesterday, as it predicted growth […]
Ringgit closes stronger against US dollar, regional peers on cautious optimism over Middle East
KUALA LUMPUR, April 10 — The ringgit swept higher against major and Asean currencies on the last trading day of the week, supported by sustained buying interest amid cautious optimism […]
Shippers weigh unusual routes as high air cargo rates, Middle East gridlock persist
LOS ANGELES, April 10 — Some shippers caught between high jet fuel prices and congestion in vital Middle East waterways are now looking for transport routes in unexpected places, with […]
Bursa closes higher as tech, property stocks lead late gains
KUALA LUMPUR, April 10 — Bursa Malaysia closed broadly higher, with buying momentum seen mainly in technology, property and construction stocks. At 5pm, the FTSE Bursa Malaysia KLCI (FBM […]
Dubai caps foreign airlines at one daily flight to its airports until May 31, hitting Indian carriers hardest
NEW DELHI, April 10 — Dubai has restricted foreign airlines to just one daily flight to its airports until May 31 due to the Iran crisis, igniting revenue loss fears […]
IMF to cut global growth outlook as war in West Asia weighs on economy
WASHINGTON, April 10 — The International Monetary Fund will lower global growth forecasts due to the Middle East war, its chief said Thursday, warning of the conflict’s “scarring effects” despite […]
Stats Dept: Malaysia’s wholesale, retail sales rise 5.3pc to RM156.3b in February
KUALA LUMPUR, April 10 — Malaysia’s wholesale and retail trade in February 2026 recorded sales of RM156.3 billion, up 5.3 per cent year-on-year (y-o-y), according to the Department of Statistics […]