Newsfeed – Business News
When time turns to bullion: Gold rush reshapes second-hand luxury watch market
LONDON, June 13 — Omega’s Constellation watch has been flashed in campaigns, movies and at the Met Gala by stars like George Clooney and Nicole Kidman, turning it into a […]
China fumes as US puts Alibaba, BYD and friends on military watchlist
BEIJING, June 13 (Reuters) — China is “strongly dissatisfied” with a US move to add several large Chinese companies to the Pentagon’s list of firms it says are aiding China’s […]
Tata iPhone supplier faces shutdown threat over alleged groundwater contamination
Pollution body issued warning notice to Tata on May 25 Body said Tata failed to take corrective action despite warnings Tata says it is in ‘full compliance with all regulatory […]
What a trillion dollars means: Inside the scale and risks of Musk’s fortune
PARIS June 13 — As SpaceX completed the biggest initial public offering in history, controversial entrepreneur Elon Musk saw his wealth blow past the symbolic – and unprecedented – level […]
Dollar showdown week: Fed signals, oil risks and US-Iran talks drive ringgit outlook
KUALA LUMPUR, June 13 — The ringgit is expected to be traded cautiously next week, ahead of the June 16–17 Federal Open Market Committee meeting. Markets are expected to scrutinise […]
Indonesia’s rupiah defence strategy comes at cost of higher household burden
JAKARTA, June 13 — Indonesia’s decision to raise the BI-Rate and increase non-subsidised fuel prices within days highlights the government’s effort to support the rupiah and ease fiscal pressures, although […]
Hollywood giant born: US clears Paramount’s US$111b Warner Bros takeover
LOS ANGELES, June 13 — The US Justice Department on Friday cleared Paramount Skydance’s US$111 billion (RM450.42 billion) takeover of Warner Bros. Discovery, handing a major win to a media […]
Fuel crisis sparks 40pc e‑bike surge as Nairobi’s boda‑boda riders swap petrol for cheaper power
NAIROBI, June 13 — In Nairobi’s congested streets, the almost imperceptible hum of electric motorbikes is increasingly replacing the roar of their petrol-powered counterparts. The war in the Middle East, […]
MAG chief Nasaruddin appointed to IATA board of governors for three-year term
KUALA LUMPUR, June 12 — Malaysia Aviation Group (MAG) president and group chief executive officer Captain Nasaruddin A. Bakar has been appointed to the board of governors of the International […]
Ringgit closes firmer at 4.0555 against US dollar, investors eye US‑Iran peace talks
KUALA LUMPUR, June 12 — The ringgit extended its gains on Friday, closing higher against the US dollar as uncertainty surrounding the conflict in West Asia weighed on the greenback. […]