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Hormuz ship traffic evaporates after Iran again locks down strategic waterway

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SINGAPORE, June 22 — The number of ships that passed through the ‌Strait of Hormuz fell sharply ​on Sunday after Iran announced it had again closed the waterway, citing Israeli […]

The yoghurt fight thickens as Danone sues Chobani over protein labels

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Danone sued Chobani over protein claims this week Chobani CEO Ulukaya dismisses Danone’s claims Demand for yoghurt tends to increase among GLP-1 users, says BCG Chobani growing faster than Danone […]

Iraq projects oil production to return to pre-war levels within two months

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BAGHDAD, June 20 — Iraqi authorities predict oil production will return to peacetime levels “within one to two months”, state media reported, after the Middle East war caused exports to […]

Indonesia’s new palm oil export rules draw scrutiny from Malaysia, traders

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JAKARTA, June 20 — Indonesia’s plan to tighten oversight of strategic commodity exports through a new state-linked monitoring framework is being closely watched by industry players in Malaysia as well […]

Chip giant MKS pours RM400m into Penang plant, creates 1,000 high-value jobs

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SEBERANG PERAI, June 20 — Global semiconductor technology company MKS Inc today invested more than RM400 million to establish a new Super Center Factory in Penang. Penang Chief Minister Chow […]

Fans win, hotels lose as World Cup tourism bets backfire across host cities

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NEW YORK, June 20 — The 2026 World Cup is showing a mixed tourism and hospitality picture across host cities, with early expectations of a major economic windfall increasingly tempered […]

Brexit at 10: Small businesses count the cost of barriers and delays

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LONDON, June 20 — Ten years on from a referendum that triggered Britain’s exit from the European Union, the nation’s small- and medium-sized businesses (SMEs) find themselves caught between mountains […]

Iran waives Hormuz transit fees during 60-day US truce window

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DUBAI, June 19 — Iran’s Strait ‌of Hormuz body ​said on Friday it would waive ‌planned fees to use ​the strait during a 60-day negotiation period under the memorandum ​of […]

Ringgit slips into weekend as US dollar stays supported by Fed outlook

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KUALA LUMPUR, June 19 — The ringgit closed lower against the US dollar on Friday as persistent expectations of a possible US Federal Reserve (Fed) interest rate hike later this […]

Malaysia’s trade hits all-time high of RM328b in May on AI boom

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PUTRAJAYA, June 19 — Malaysia’s trade performance shattered previous records in May, as a surge in demand for artificial intelligence (AI) and automotive technologies propelled exports to an all-time monthly […]

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