Newsfeed – Business News
World food prices hit three-year high in April as Iran war drives up oils, says FAO
LONDON, May 8 — World food prices climbed in April to their highest in more than three years, with vegetable oils particularly elevated due to the Iran war and the […]
Reneuco to be delisted from Bursa Malaysia on May 12 after missing regularisation deadline
KUALA LUMPUR, May 8 — Reneuco Bhd will be delisted from the Main Market of Bursa Malaysia on May 12, 2026 after Bursa Malaysia Securities Bhd dismissed the company’s appeal […]
Ringgit eases ahead of US payrolls report amid fresh tensions in West Asia
KUALA LUMPUR, May 8 — The ringgit eased against major and regional currencies including the US dollar at the close on Friday as investors remain cautious ahead of the United […]
Bursa slips after five-day rally as US-Iran tensions rattle markets
KUALA LUMPUR, May 8 — Bursa Malaysia snapped a five-day rally to close lower on Friday on profit-taking and in line with weaker global markets as renewed military developments between […]
Indonesia sees US$3.3b foreign inflows as central bank steps up rupiah defence
JAKARTA, May 8 — Indonesia recorded US$3.3 billion (RM12.9 billion) in net foreign portfolio inflows from January to April, driven by inflows into Bank Indonesia Rupiah Securities (SRBI) as the […]
Amazon cloud unit races to fix cooling at Virginia data centre; Coinbase services hit
SAN FRANCISCO, May 8 — Amazon’s cloud unit said yesterday it was actively working to restore temperatures to normal levels at a data centre in North Virginia after overheating disrupted […]
Ringgit opens higher against euro, pound, yen; slips vs greenback
KUALA LUMPUR, May 8 — The ringgit opened higher against most major currencies but eased versus the US dollar as investors remained cautious following renewed escalation in the West Asia […]
Bursa Malaysia opens marginally lower on cautious trade
KUALA LUMPUR, May 8 — Bursa Malaysia opened marginally lower today, as buying was interspersed with selling in selected heavyweight stocks due to uncertain geopolitical developments. At 9.10 am, the […]
Trump gives EU July 4 deadline to ratify trade deal or face ‘much higher’ tariffs
WASHINGTON, May 8 — President Donald Trump yesterday said the European Union must ratify its trade deal with the United States by July 4 or face “much higher” tariffs, after […]
Amazon Web Services says overheating at North Virginia data centre disrupts services
SAN FRANCISCO, May 8 — Amazon’s cloud unit, Amazon Web Services, said yesterday it was working to restore normal temperatures at a data centre in North Virginia after overheating disrupted […]