Newsfeed – Business News
Oil prices spike past US$100 on Iran tensions, US blockade announcement
TOKYO, April 13 — The US oil benchmark rebounded above US$100 a barrel today after peace talks between the United States and Iran failed to make a breakthrough, and with […]
IMF chief raises alarm over AI threats to global monetary system stability
WASHINGTON, April 13 — The global monetary system is not prepared to address artificial intelligence’s rapidly escalating risks, the IMF managing director warned yesterday, as a new Anthropic model […]
Ringgit opens mixed, weakens against US dollar amid safe-haven demand
KUALA LUMPUR, April 13 — The ringgit opened mostly higher against major currencies today, but eased slightly against the US dollar amid growing external uncertainties and firmer demand for […]
Iran aims to restore 70–80pc of refining capacity within two months, oil ministry official says
DUBAI, April 12 — Iran expects to restore most damaged refining and distribution facilities to 70-80 per cent of their pre-attack capacity within one to two months, a senior oil […]
Saudi Arabia restores full capacity on East–West pipeline after attacks
CAIRO, April 12 — Saudi Arabia has restored full oil pumping capacity through the East-West pipeline to about seven million barrels per day, it said today, days after providing an […]
China better placed to weather Mideast supply shock thanks to long‑term energy strategy
BEIJING, April 12 — China’s long-term strategy of diversifying energy sources and building stockpiles is helping it weather disruptions from the Iran war, although some sectors still face major snags, […]
Vietnam extends fuel tax suspension until end‑June to stabilise market amid supply disruption
HANOI, April 12 — Vietnam has decided to extend the suspension of taxes on fuels until the end of June from April 15 to stabilise the domestic market, the country’s […]
Iran says stalled US talks unsurprising as no deal expected in one sitting
TEHRAN, April 12 — Iran’s foreign ministry said no one had held any expectation that talks with the United States could have reached an agreement within one session after the […]
Lufthansa faces fresh disruption as pilots announce two‑day strike
BERLIN, April 12 — The pilots’ union for Lufthansa, Europe’s biggest air transport group, yesterday called for a two-day strike in Germany from tomorrow over a salary and pensions dispute. […]
Entrepreneur Ministry disburses RM906m to 106,100 women under new Dewi scheme
BUKIT MERTAJAM, April 11 — The Ministry of Entrepreneur and Cooperatives Development (Kuskop) has disbursed RM906 million in financing under the Dana Ekonomi Usahawan Wanita (Dewi) initiative since its launch […]