Newsfeed – Business News
Global stocks slide as Gulf attacks drive oil prices and inflation fears higher
Nikkei slips, S&P futures down ahead of Nvidia results China economic data disappoints, consumers not buying Oil prices gain on reports of drone attacks in Gulf Mounting inflation concerns keep […]
Iran war saddles global companies with US$25b bill — and counting
Companies face higher costs, supply disruptions, and operational changes Airlines, automakers, and other companies warn of profit hits Extra costs not yet showing up in earnings, analysts say Europe and […]
Shell Malaysia expands Port Klang fuel terminal to boost supply reliability
KUALA LUMPUR, May 18 — Shell Malaysia Trading Sdn Bhd (SMT) has announced the expansion of the Shell Westport Fuels Terminal, which will introduce new import infrastructure, comprising three additional […]
Samsung Electronics, workers hold last-ditch talks to avert massive strike threatening global supply chains
Court orders union to maintain normal production during any strike; shares jump 6.7pc Government officials warn that a strike could threaten economic growth and exports Union rejects pressure for arbitration, […]
Bursa Malaysia opens higher after stronger-than-expected GDP growth
KUALA LUMPUR, May 18 — Bursa Malaysia opened higher today following Malaysia’s stronger-than-expected first quarter of 2026 (1Q 2026) gross domestic product (GDP) which expanded by 5.4 per cent, surpassing […]
Ringgit opens slightly higher against US dollar amid cautious market sentiment
KUALA LUMPUR, May 18 — The ringgit opened slightly higher against the US dollar on Monday although cautious sentiment persisted amid escalating geopolitical tensions in West Asia. At 8am, the […]
What it actually takes for companies like OpenAI and SpaceX to go public
NEW YORK, May 17 — Hundreds of companies raised a combined US$70 billion (RM280 billion) by selling shares to the public in the United States last year. But 2026 could shatter […]
SpaceX, OpenAI and Anthropic could make 2026 the biggest IPO year yet
NEW YORK, May 17 — Wall Street is licking its chops over an unprecedented slate of massive IPOs set to arrive in the coming months, beginning with Elon Musk’s SpaceX in […]
Shipping giants turn to trucking as Hormuz blockade pushes freight charges past pandemic levels
MOSCOW, May 17 — Large shipping companies have begun using land transport to move fuel amid the partial blockage of the Strait of Hormuz caused by the West Asia crisis, […]
Samsung strike threat puts South Korea on edge with chip giant tied to quarter of exports
SEOUL, May 17 — South Korea will pursue all options, including emergency arbitration, to avoid a labour strike at the country’s biggest employer Samsung Electronics and to minimise any damage […]