Newsfeed – Business News
Airlines feel ‘powerless’ amid West Asia conflict, but AirAsia remains resilient, says Fernandes
KUALA LUMPUR: Airlines feel “pretty powerless” at present amid escalating geopolitical tensions and volatile fuel prices, with little visibility on how the unfolding West Asia conflict will affect the aviation industry, said Tan […]
Dollar near 2026 highs as volatile oil fans inflation spike fears
SINGAPORE/LONDON: The dollar gained for a third consecutive session on Thursday, staying close to its strongest levels this year as surging crude prices stoked inflation worries, which could potentially force […]
Hong Kong authorities raid two brokers and a hedge fund in crackdown on insider trading
HONG KONG: Hong Kong authorities said on Thursday they had launched an insider trading probe into two brokerages and a hedge fund, arresting eight people in its biggest crackdown on […]
Oil surges; Brent back at US$100 as Iran steps up attacks on Gulf shipping
BEIJING/SINGAPORE: Oil prices jumped on Thursday as Iran stepped up attacks on oil and transport facilities across the Middle East, raising fears of a prolonged conflict and oil-flow disruptions through […]
Malaysia’s wholesale, retail trade sales rise 7.3 pct to RM159.8bil in January
KUALA LUMPUR: Malaysia’s wholesale and retail trade sales rose 7.3 per cent year-on-year (y-o-y) to RM159.8 billion in January 2026, according to the Department of Statistics Malaysia (DOSM). Read full […]
Australia to temporarily ease fuel standards to boost supply
PERTH: Australian Energy Minister Chris Bowen said on Thursday the country would temporarily relax fuel quality standards for the next 60 days as the Iran war chokes oil supplies sending […]
Gold falls on firmer dollar, dimming US rate cut hopes
GOLD prices fell on Thursday, weighed down by a firmer U.S. dollar and waning hopes for near-term U.S. interest rate cuts as higher energy prices stoked inflation concerns. Read full […]
Hong Kong’s role as financing hub highlighted
THE Hong Kong Special Administrative Region is well-positioned to help companies from the Chinese mainland raise funds globally and expand overseas, while deepening cooperation with the mainland in sectors such […]
Shares skid as oil blasts past US$100 after Iran strikes Gulf shipping
SYDNEY: Shares in Asia fell broadly on Thursday as oil prices roared 9% past $100 a barrel on reports of more ships struck in Gulf waters and terminal shutdowns – […]
Malaysia raises April crude palm oil reference price to level where duty is 9.5%
KUALA LUMPUR: Malaysia has raised its April crude palm oil reference price, a change that lifts the export duty to 9.5%, a circular on the Malaysian Palm Oil Board website […]