Newsfeed – Business News
Why is Shell facing lawsuits over climate disasters in Brazil and the Philippines?
WASHINGTON, Oct 15 — A typhoon in the Philippines and flooding in Brazil. Twice in less than a year, British energy giant Shell has been the target of a new […]
Bursa Malaysia snaps four-day winning streak as global markets retreat
KUALA LUMPUR, Oct 15 — Bursa Malaysia’s key index retreated four days of gains to close lower today, following profit-taking in selected heavyweight stocks and tracking regional and Wall Street […]
Ringgit closes higher against weaker US dollar ahead of Malaysia’s 3Q GDP estimate
KUALA LUMPUR, Oct 15 — The ringgit closed higher against the weakening greenback today as investors assessed market conditions ahead of the release of Malaysia’s advance gross domestic product (GDP) […]
IMF warns Saudi Arabia and Gulf economies may take years to recover from war, Saudi economy projected to shrink 3.3pc
BANGKOK, Oct 15 — The International Monetary Fund expects energy-rich Middle Eastern economies to bounce back, but not in the medium term, the organisation’s regional chief said today, as fighting […]
Malaysia Airlines crowned world’s best MICE carrier, double win fuels top‑10 global push
KUALA LUMPUR, Oct 15 — Malaysia Airlines has clinched a double win at the 2026 World MICE Awards, taking home the titles of World’s Best MICE Airline and Asia’s Best […]
Bursa Malaysia opens lower as US inflation stokes fears of tighter monetary policy
KUALA LUMPUR, Oct 15 — Bursa Malaysia opened lower on Thursday, tracking losses on Wall Street, as hotter-than-expected US inflation and renewed expectations of further Federal Reserve (Fed) monetary […]
Ringgit slips against US dollar as hotter inflation strengthens greenback
KUALA LUMPUR, Oct 15 — The ringgit opened lower against the US dollar today as stronger-than-expected US inflation data bolstered expectations of a possible interest rate increase by the US Federal […]
Selangor International Business Summit: State attracts over RM3b in potential investment from four foreign investors
KUALA LUMPUR, Oct 14 — Selangor has attracted potential investment exceeding RM3 billion from four foreign investors through Letters of Intent (LOIs) facilitated by UOB Malaysia to Invest Selangor, reflecting […]
Diesel supplies to remain ‘tight’ into 2027 amid Iran war fallout, says IEA
PARIS, Oct 14 — Diesel supply disruptions in the Gulf stemming from the US war against Iran will keep the market tight into 2027, the International Energy Agency said today, […]
Ringgit closes higher against US dollar on improved risk appetite, Budget 2027 boost
KUALA LUMPUR, Oct 14 — The ringgit closed higher against the greenback today as investors’ risk appetite improved ahead of US inflation data, with sentiment supported by the Budget 2027 […]