Newsfeed – Business News
Sri Lanka raises fuel prices 48pc since February amid global energy crisis and IMF terms
COLOMBO, May 31 — Sri Lanka raised fuel prices by up to six per cent on Sunday, in line with IMF plans to recover energy costs and phase out subsidies […]
Bursa Malaysia seen range‑bound with downward bias next week amid holidays and West Asia tensions
KUALA LUMPUR, May 31 — Bursa Malaysia is expected to trade range-bound with a downward bias next week due to the shortened trading week. Bursa Malaysia will be closed on […]
Currency outlook: Ringgit likely subdued in holiday‑shortened week, traders await US jobs report
KUALA LUMPUR, May 31 — The ringgit is forecast to trade within a narrow range of RM3.95 to RM3.97 against the US dollar next week as trading activity may be […]
Global agencies warn summer fuel security at risk as Hormuz blockade drains oil inventories worldwide
WASHINGTON, May 31 — The heads of the International Monetary Fund, World Bank and International Energy Agency warned on Friday of the risks to fuel security during peak demand summer […]
Japanese tech giant SoftBank pledges RM347b AI infrastructure investment in Paris, largest ever in EU
PARIS, May 31 — Japanese tech investor SoftBank will spend 75 billion euros (RM347 billion) on artificial intelligence infrastructure in France, its founder Masayoshi Son told a French newspaper in […]
Review hiking SOPs after rise in deaths, missing cases, says Lee Lam Thye
KUALA LUMPUR, May 29 — A comprehensive review of existing standard operating procedures (SOPs) for hiking, trekking and hill-climbing activities nationwide is needed following the rising number of incidents involving […]
Ringgit ends higher against US dollar on renewed risk appetite
KUALA LUMPUR, May 28 — The ringgit ended the week higher against the US dollar today, supported by renewed risk appetite following reports of a possible reopening of the Strait […]
TNB issues RM4b sustainability Sukuk Wakalah
KUALA LUMPUR, May 29 — Tenaga Nasional Bhd (TNB) has issued RM4 billion worth of Sustainability Sukuk Wakalah under its Sukuk Wakalah Programme. In a Bursa Malaysia filing today, the […]
Bursa Malaysia ends lower as late selling hits blue chips
KUALA LUMPUR, May 29 — Bursa Malaysia reversed earlier gains to close marginally lower on Friday, pressured by late selling in blue-chip stocks as investors turned cautious amid ongoing geopolitical […]
India forecasts monsoon rains at 11-year low in 2026, threatening crops and growth
MUMBAI, May 29 — India forecast an El Nino-weakened monsoon in 2026 that will bring the lowest rainfall in 11 years, fuelling concerns over crops, food prices and growth in […]