Newsfeed – Business News
Ringgit up versus the dollar as US-Iran sanctions waiver and fiscal reforms drive gains
KUALA LUMPUR, June 23 — The ringgit opened higher against the US dollar on Tuesday as peace negotiations in West Asia made progress, an analyst said. At 8 am, the […]
Oil slides as sanctions waiver begins under US-Iran peace talks
NEW YORK, June 23 — Crude prices fell Monday after the US said it is temporarily lifting sanctions on Iran to allow it to export oil, while the Nasdaq retreated […]
India may need to import sugar as El Niño and ethanol demand keep exports off the market for years
El Nino threatens lowest rainfall in 11 years Farmers switch from cane to less water-intensive crops India expands ethanol use despite tighter cane supplies Former top exporter may import amid […]
Alan Greenspan, economist and former Fed chair whose legacy was reshaped by the financial crisis, dies at 100
WASHINGTON, June 22 — Alan Greenspan, hailed as the greatest Federal Reserve chairman when he retired in 2006 but derided for a severe financial crisis that followed barely two years […]
Alan Greenspan, economist and longtime head of US Federal Reserve, dies at 100, NBC News reports
WASHINGTON, June 22 — Alan Greenspan, the influential economist who steered US monetary policy during his five terms as chairman of the Federal Reserve under four presidents, died at 100, […]
Malaysia Airlines and Singapore Airlines launch joint fare products on KL-Singapore route
SINGAPORE, June 22 — Malaysia Airlines (MAB) and Singapore Airlines (SIA) today unveiled joint fare products for travel between Singapore and Kuala Lumpur following the strategic joint business partnership formalised […]
Ringgit eases against US dollar amid rising West Asia tensions
KUALA LUMPUR, June 22 — The ringgit eased against the US dollar today, as growing uncertainties surrounding the West Asia conflict and expectations of a potential United States (US) Federal […]
Bursa Malaysia ends softer as profit‑taking halts recent rebound
KUALA LUMPUR, June 22 — Bursa Malaysia ended on a softer note today as investors engaged in profit-taking following the recent rebound in the local market, an analyst said. At […]
Airlines seen pocketing US$40b windfall as fares stay high despite plunging fuel prices
LONDON, June 22 — Airlines stand to save billions of dollars on jet fuel after an interim US-Iran peace deal sent oil prices lower, but passengers are unlikely to see […]
Pound falls as Burnham’s rise sparks investor concern over UK fiscal rules
LONDON, June 22 — The pound eased on Monday, as speculation mounted that Prime Minister Keir Starmer could set out a timetable for his departure imminently, paving the way for […]