Newsfeed – Business News
Trump says diesel export ban was ‘never really on the table’ after G7 deal
WASHINGTON, Oct 3 — President Donald Trump said yesterday that the United States would not impose a diesel export ban, as he hailed a decision by European countries to release […]
Bad news is good news again as Wall Street bets on a Fed pause
NEW YORK, Oct 3 — Wall Street stocks advanced yesterday after weak US jobs data lowered the odds of Federal Reserve rate hikes. Major US indices spent most of the […]
Trump wants cheaper fuel — G7 is releasing 100 million barrels
WASHINGTON, Oct 3 — The Group of Seven industrial nations said Friday that they plan to release 100 million barrels of oil and fuel products in the coming weeks, starting […]
Ringgit edges higher against US dollar amid cautious trading
KUALA LUMPUR, Oct 2 — The ringgit ended slightly higher against the US dollar today after trading in a narrow range, as market sentiment remained cautious amid heightened global uncertainties. […]
ECRL route creates new opportunities with 65 commercial spaces, RM12.7m contracts
KUANTAN, Oct 2 — A total of 65 commercial spaces and 35 facility management packages worth RM12.7 million are being offered to local entrepreneurs and contractors along the East Coast […]
Disney president calls layoffs ‘extremely painful’ amid cost-cutting push
LOS ANGELES, Oct 2 — The Walt Disney Company’s President Dana Walden said on Thursday that the company’s layoffs were “extremely painful” but necessary for its survival. Disney has carried […]
Petronas Chemicals appoints Izwan Ismail as MD, CEO effective Jan 1, 2027
KUALA LUMPUR, Oct 2 — Petronas Chemicals Group Bhd (PetChem) has appointed Izwan Ismail as managing director (MD) and chief executive officer (CEO) effective Jan 1, 2027. In a filing […]
Bursa Malaysia ends slightly higher as technology counters dominate trading
KUALA LUMPUR, Oct 2 — Bursa Malaysia staged a slight recovery on Friday as bargain-hunting emerged following a recent sharp sell-off, said an analyst. However, the rebound lacked momentum as […]
SME, retail groups warn minimum wage hike could trigger ‘cascading’ cost increases
KUALA LUMPUR, Oct 2 — The SME Association of Malaysia (SMEAM) and the Malaysia Retail Chain Association (MRCA) have jointly sounded an alarm over further proposed minimum wage hikes. The […]
Keep two 5G options distinct, says analyst
PETALING JAYA, Oct 2 — Malaysia needs clear safeguards to keep two 5G technology options distinct through changes in network ownership and suppliers, says an analyst. The Asia Group associate […]