Newsfeed – Business News
No deal — Sunway’s IJM takeover bid lapses after hitting 33pc roadblock
KUALA LUMPUR, April 7 — Sunway Bhd’s takeover offer for IJM Corporation Bhd has lapsed after failing to meet more than 50 per cent of the voting shares, said Maybank […]
Inside a Chinese factory’s survival story as Trump tariffs reshape global supply chains
DONGGUAN, April 7 — US President Donald Trump’s tariffs sought to hurt Chinese manufacturing, but for one electronics maker, a turbulent 2025 ended with a belief that China is a […]
Taiwan to ship oil from Saudi Red Sea ports
TAIPEI, April 6 — Taiwan will redirect ships to bring crude oil from Saudi Arabian Red Sea ports, the government said today, as it seeks to avoid the disruption in […]
Ringgit up vs USD on West Asia ceasefire hopes
KUALA LUMPUR, April 6 — The ringgit closed marginally higher against the US dollar today as optimism over a potential West Asia ceasefire improved risk appetite. At 6pm, the local […]
Bursa Malaysia ends lower, CI retreats 0.86pc on West Asia tensions
KUALA LUMPUR, April 6 — Bursa Malaysia ended lower today, with the benchmark index retreating by 0.86 per cent as concerns over escalating tensions in West Asia intensified. At 5pm, […]
Indonesia hikes aviation fuel surcharge, allows domestic ticket price rise amid Middle East tensions
JAKARTA, April 6 — Indonesia today announced a 28-percentage point rise in the surcharge on aviation fuel, and said it would allow airlines to raise the domestic ticket price, which […]
Oil markets stabilise despite Trump threats and Strait of Hormuz disruptions
SINGAPORE, April 6 — Oil prices were little changed in choppy trade on Monday, as investors awaited clarity on the status of talks between the US and Iran even as […]
AirAsia X hopeful jet fuel supply will last until June despite Middle East disruptions
SEPANG, April 6 — Budget carrier AirAsia X acknowledged today uncertainty over jet fuel supply but remains hopeful that operations will continue smoothly as current stockpiles are expected […]
AirAsia X raises fares by up to 40pc, cuts some flights as Middle East tensions push up fuel costs
SEPANG, April 6 — Budget carrier AirAsia X said today it is raising fares by up to 40 per cent and imposing a 20 per cent fuel surcharge, even as […]
China issues e-commerce guidance to boost global trade amid EU scrutiny
BEIJING, April 6 — China issued guidance today for its e-commerce sector that seeks to coordinate domestic development with international markets, a week after a delegation of European lawmakers visited […]