Newsfeed – Business News
KPMG, PwC, Deloitte, EY: Australia’s biggest accounting firms keep making headlines for the wrong reasons
SYDNEY, June 16 — KPMG’s audit-leak scandal is set to further dampen the prospects in Australia of the Big Four accounting firms, with data showing their new business revenue from […]
Ringgit weakens versus greenback after Bank of Japan raises interest rates
KUALA LUMPUR, June 16 —The ringgit closed lower against the US dollar today as investors remained cautious following the Bank of Japan’s (BOJ) decision to raise interest rates. At 6 […]
Bank of Japan lifts rates to 31‑year high as Middle East war fuels inflation fears
TOKYO, June 16 — The Bank of Japan hiked interest rates to a 31-year high on Tuesday as it battles inflation caused by the Middle East war — even after […]
TikTok Shop helping to reshape digital commerce in Malaysia, says MDEC
KUALA LUMPUR, June 16 — Platforms that foster innovation, inclusion, and sustainable growth, such as TikTok, support Malaysia’s efforts in building a digitally driven society, said the Malaysia Digital Economy […]
IMF chief hails US‑Iran ceasefire in Washington but warns energy recovery will take time
WASHINGTON, June 16 — The International Monetary Fund chief on Monday welcomed the ceasefire agreement between the United States and Iran, but warned it would take time for energy and […]
Demand explodes as SpaceX IPO tops US$85b, Musk’s valuation leaps into science‑fiction territory
NEW YORK, June 16 — SpaceX shares shot higher Monday as the company said it raised a record-breaking US$85.7 billion. The completed sale cements SpaceX’s stellar debut on Wall Street, […]
Early losses hit Bursa as profit‑taking follows Trump’s US‑Iran deal boost to global sentiment
KUALA LUMPUR, June 16 — Bursa Malaysia opened slightly lower on Tuesday as investors locked in gains following the previous session’s rally, with early profit-taking weighing on the benchmark index. […]
Ringgit climbs early as crude prices tumble on looming US‑Iran peace deal and Hormuz hopes
KUALA LUMPUR, June 16 — The ringgit opened higher against the US dollar on expectations that the US Federal Reserve (Fed) will keep interest rates unchanged amid easing inflation concerns […]
G7 Summit 2026: What is it, who’s attending, and why does Evian-les-Bains matter?
EVIAN-LES-BAINS, June 15 — The Group of Seven wealthy nations will meet on Monday in the French lakeside resort of Evian-les-Bains to discuss wars in Ukraine and Iran, global economic […]
Trump threatens 100pc tariff on French wine over digital tax on US tech giants as G7 meets, NY Post reports
WASHINGTON, June 15 — President Donald Trump today warned that the US will “have no choice” but to apply 100 per cent tariffs on French wine unless Paris eliminates its […]