Newsfeed – Business News
TikTok Shop helping to reshape digital commerce in Malaysia, says MDEC
KUALA LUMPUR, June 16 — Platforms that foster innovation, inclusion, and sustainable growth, such as TikTok, support Malaysia’s efforts in building a digitally driven society, said the Malaysia Digital Economy […]
IMF chief hails US‑Iran ceasefire in Washington but warns energy recovery will take time
WASHINGTON, June 16 — The International Monetary Fund chief on Monday welcomed the ceasefire agreement between the United States and Iran, but warned it would take time for energy and […]
Demand explodes as SpaceX IPO tops US$85b, Musk’s valuation leaps into science‑fiction territory
NEW YORK, June 16 — SpaceX shares shot higher Monday as the company said it raised a record-breaking US$85.7 billion. The completed sale cements SpaceX’s stellar debut on Wall Street, […]
Early losses hit Bursa as profit‑taking follows Trump’s US‑Iran deal boost to global sentiment
KUALA LUMPUR, June 16 — Bursa Malaysia opened slightly lower on Tuesday as investors locked in gains following the previous session’s rally, with early profit-taking weighing on the benchmark index. […]
Ringgit climbs early as crude prices tumble on looming US‑Iran peace deal and Hormuz hopes
KUALA LUMPUR, June 16 — The ringgit opened higher against the US dollar on expectations that the US Federal Reserve (Fed) will keep interest rates unchanged amid easing inflation concerns […]
G7 Summit 2026: What is it, who’s attending, and why does Evian-les-Bains matter?
EVIAN-LES-BAINS, June 15 — The Group of Seven wealthy nations will meet on Monday in the French lakeside resort of Evian-les-Bains to discuss wars in Ukraine and Iran, global economic […]
Trump threatens 100pc tariff on French wine over digital tax on US tech giants as G7 meets, NY Post reports
WASHINGTON, June 15 — President Donald Trump today warned that the US will “have no choice” but to apply 100 per cent tariffs on French wine unless Paris eliminates its […]
Ringgit strengthens against dollar as US–Iran peace deal boosts risk sentiment
KUALA LUMPUR, June 15 — The ringgit closed higher against the US dollar today as risk sentiment improved on news that the United States and Iran will sign a peace […]
Bursa Malaysia ends higher on easing oil prices and improved geopolitical backdrop
KUALA LUMPUR, June 15 — Bursa Malaysia’s key index advanced at today’s close, tracking gains across regional equities as geopolitical risk sentiment improved following an interim agreement between the United […]
Lagarde dismisses early‑exit talk, says she will stay ‘on deck’ at ECB to ensure price stability
PARIS, June 15 — European Central Bank President Christine Lagarde said today that she would remain in place to ensure inflation stays in check despite the war in the Middle […]