Newsfeed – Business News
Ringgit opens higher at 3.94 against US dollar on hopes of US-Iran talks
KUALA LUMPUR, April 15 — The ringgit opened higher today, climbing to the 3.94 level against the US dollar, supported by improved sentiment on expectations of diplomatic progress following reports […]
Who’s blockading whom? How the US lockdown of Iranian oil affects global markets
KUALA LUMPUR, April 15 — The US military said it would block shipping traffic in and out of Iran’s ports starting at 1400 GMT on Monday, a move that would […]
Running on fumes: Airlines warn of groundings as jet fuel becomes the new gold
LONDON, April 14 — Air travel’s worst crisis in years lurched deeper on Tuesday as Qantas Airways warned of spiralling costs, Lufthansa said it may have to ground planes and […]
IEA sees global oil demand falling for first time since Covid, warns of ‘demand destruction’
PARIS, April 14 — Demand for crude oil will likely decline this year for the first time since the Covid pandemic slammed the global economy six years ago, weighed down […]
KLCI market wrap: Bursa Malaysia futures gain momentum as volume rises
KUALA LUMPUR, April 14 — FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives ended higher on Tuesday in tandem with the underlying cash market. The April 2026 […]
US blockade against Iran triggers global energy shock fears; China denounces ‘dangerous’ move
ARIS, April 14 — Washington’s decision to blockade Iranian ports in the Strait of Hormuz is sending tremors through global energy markets, raising fears of a fresh oil shock by […]
Philippines seeks US nod to expand Russian oil imports as shortages bite
MANILA, April 14 — Manila said Tuesday it was seeking US permission to buy more Russian crude, as the import-dependent Philippines scrambles to shore up scant fuel supplies amid a […]
Bursa Malaysia extends gains at midday amid regional rally, cautious sentiment
KUALA LUMPUR, April 14 — Bursa Malaysia extended gains at midday on Tuesday, tracking firmer regional markets as sentiment improved on continued buying in selected heavyweights, led by financial stocks. […]
Hormuz must stay open even with tolls, says TotalEnergies CEO as supply risks loom
WASHINGTON, April 14 — The head of the French energy giant TotalEnergies said Monday that reopening the Strait of Hormuz — even with a toll — was critical for global […]
China Evergrande founder Hui Ka Yan pleads guilty to illegal fundraising in landmark fraud trial
BEIJING, April 14 — China Evergrande Group’s founder Hui Ka Yan pleaded guilty to charges including illegal absorption of public deposits and fundraising fraud in a court in Shenzhen, which […]