Newsfeed – Business News
Oil prices steady as market digests US tariff changes
Oil prices were little changed on Tuesday as investors digested the latest headlines on US President Donald Trump’s on-again, off-again tariffs and tried to figure how much the US-China trade […]
Wall Street ends lower on tariff uncertainty
US stocks ended slightly lower on Tuesday as tariff uncertainty stayed high and shares of consumer and healthcare companies eased, while upbeat results from banks provided some support. Read full story […]
Multi-billion US dollar exodus hits China ETFs
Investors are dumping exchange-traded funds (ETFs) tracking Chinese stocks at a record pace as the world’s biggest economies face off in an escalating trade war that is set to challenge […]
Brazil to offer oil blocks where Petrobras fights to drill
Brazil’s oil regulator is set to grant exploration rights in a promising offshore region where state-controlled oil producer Petrobras has faced a years-long dispute with environmental authorities to start drilling. […]
Australia to revisit policy at May meeting
Australia’s central bank expresses caution over future interest rate cuts, saying May would be an “opportune time” to revisit policy settings, according to minutes of its April meeting that was […]
Wall Street giants lead borrowing spree
Morgan Stanley and rival JPMorgan Chase & Co raise a combined US$14bil in the US investment-grade market, the first of the six biggest banks on Wall Street to tap primary […]
Fed’s Bostic calls for patience and prudence
Federal Reserve Bank (Fed) of Atlanta president Raphael Bostic says officials must wait for further clarity on President Donald Trump’s policies before adjusting interest rates. Read full story Date: […]
UK consumer spending remains strong in boost for growth hopes
UK households increased their spending in March as consumer demand defied an imminent rise in household bills, according to reports from the British Retail Consortium (BRC) and Barclays. Read full […]
Bank Rakyat appoints Ahmad Shahril as CEO
KUALA LUMPUR: Bank Rakyat has appointed Ahmad Shahril Mohd Shariff as chief executive officer (CEO), effective April 9, 2025. Read full story Date: 16 April, 2025 12:05 am Source: thestar.com.my
Petronas Gas estimates earliest gas restoration in Putra Heights by July 1, 2025
KUALA LUMPUR: Petronas Gas Bhd (PGB) estimates that gas restoration in Putra Heights, Subang Jaya, could take place by July 1, 2025, at the earliest, subject to the outcome of […]