Newsfeed – Business News
Ringgit firms against US dollar on stronger-than-expected GDP outlook
KUALA LUMPUR, April 17 — The ringgit closed higher against the US dollar on Friday, supported by positive sentiment following the release of Malaysia’s advance gross domestic product (GDP) estimates […]
Bursa Malaysia ends week higher as upbeat GDP outlook lifts sentiment
KUALA LUMPUR, April 17 — Bursa Malaysia closed the week higher, extending its upward momentum, buoyed by positive sentiment following the release of Malaysia’s advance gross domestic product (GDP) estimates, […]
Foreign investors flock back to Malaysian bonds in march, pouring in RM6.1b despite global jitters
KUALA LUMPUR, April 17 — Foreign investors demonstrated renewed confidence in the Malaysian bond market in March, pouring in a net RM6.1 billion in the strongest monthly inflow seen in […]
Low inflation helps Malaysia weather energy supply shock, says BNM governor
KUALA LUMPUR, April 17 — Malaysia’s relatively low inflation environment is expected to help the country weather the current energy supply shock, even as global oil prices are projected to […]
IMF flags ‘very severe’ global economic risks from Iran conflict, warns of rising costs
WASHINGTON, April 17 — IMF economists warned yesterday that the war in Iran could have “very, certainly severe” consequences far outside the region – especially for energy-importing countries. Countries in […]
Netflix shares tumble as Reed Hastings prepares to step down as chairman
SAN FRANCISCO, April 17 — Netflix shares plummeted more than eight per cent yesterday as the TV streaming titan reported quarterly revenue of US$12.25 billion, a result that slightly […]
Ringgit extends gains ahead of Malaysia 1Q GDP estimate release
KUALA LUMPUR, April 17 — The ringgit extended its gains against the US dollar and other major currencies on Friday, supported by firm domestic sentiment, as markets await Malaysia’s […]
Foreign investors exit Thai assets at fastest pace since 2024 as oil shock exposes economic vulnerabilities
Thailand in policy bind, investors say Baht down nearly 3 per cent since Iran war started Oil shock exposes Thailand’s vulnerabilities SINGAPORE, April 16 — Foreign investors are selling Thai […]
Foreign investors exit Thai assets at fastest pace since October 2024 as oil shock exposes economic vulnerabilities
Thailand in policy bind, investors say Baht down nearly 3 per cent since Iran war started Oil shock exposes Thailand’s vulnerabilities SINGAPORE, April 16 — Foreign investors are selling Thai […]
Leading economists urge windfall profit taxes on energy firms amid war‑driven price surge
PARIS, April 16 — Prominent economists called today for governments to introduce windfall profit taxes on energy companies who are set to reap financial benefits from the US-Israeli war on […]