Newsfeed – Business News
IATA summit to tackle fuel shock, detours and delivery delays facing global airlines amid Iran war
Iran war raises fuel and routing costs Airlines test fare hikes as demand holds Gulf hubs face network resilience test Sustainable aviation fuel shortages cloud airline climate goals RIO DE […]
TNB and Petronas Gas sign deal to co‑develop third regasification terminal in Perak
KUALA LUMPUR, June 4 — Tenaga Nasional Bhd (TNB), via its indirect unit Integrax Bhd, and Petronas Gas Bhd (PetGas) have signed a heads of agreement to jointly develop a […]
Indonesian rupiah falls to record low above 18,000 per US dollar as investors fret over economy and central bank oversight
JAKARTA, June 4 — Indonesia’s rupiah hit more than 18,000 per dollar for the first time today as the country is stung by surging energy costs, while lawmakers passed a […]
‘Smear campaign’: AirAsia X denies grounding reports, says Philippines flights operating as normal
KUALA LUMPUR, June 4 — AirAsia X has denied recent media reports claiming that Philippines AirAsia operations have been grounded. “These reports are false and do not reflect the reality […]
Bursa Malaysia bucks regional sell-off, gains on hopes of new solar projects
KUALA LUMPUR, June 4 — Bursa Malaysia opened higher, bucking the regional trend, supported by positive local sentiment following news that the Large Scale Solar 6 (LSS6) tender is set […]
Trade groups call on US govt to expand chipmaking over strain from AI boom
WASHINGTON, June 4 — A memory chip shortage driven by artificial intelligence demand is posing risks to sectors like consumer electronics and automobiles, trade groups warned yesterday, as they called […]
Australia PM says he is in ‘ideological disagreement’ with US over new tariffs
SYDNEY, June 4 — Australia’s prime minister said today there was “ideological disagreement” over tariffs with the United States, which has proposed a new levy on the country’s goods. Washington […]
Ringgit edges up as US tariff concerns outweigh upbeat economic data
KUALA LUMPUR, June 4 — The ringgit was traded slightly firmer against the US dollar at the opening today, as soft sentiment towards the greenback outweighed better-than-expected key United States […]
France imposes RM101m in fresh penalties on Shein for consumer‑law breaches
PARIS, June 3 — French authorities said today that they had imposed two fines on Shein totalling more than €22 million (RM101 million), citing problems with product traceability, environmental labelling […]
India approves RM4.1b fund to cushion airlines from soaring jet fuel prices from Iran war
NEW DELHI, June 3 — India approved a 100 billion rupee (RM4.1 billion) fuel stabilisation fund today to help keep jet fuel prices in check for airlines hit by rising […]