Newsfeed – Business News
Equities end higher as oil prices pull back on truce hopes
NEW YORK: U.S. stocks closed higher on Monday, as oil prices retreated after the Israel-Iran attacks left crude production and exports unaffected, easing investor concerns about the potential for higher […]
Oil prices fall US$1 per barrel on reports Iran seeks truce with Israel
NEW YORK: Oil prices slipped $1 per barrel on Monday in volatile trading after reports that Iran is seeking an end to hostilities with Israel, raising the possibility of a […]
Trading ideas: MBSB, FGV, Malakoff, Berjaya Land, Solarvest, Deleum, CIMB, Compugates, Sersol, Poh Kong
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia. Read full story Date: 17 June, 2025 9:02 am Source: thestar.com.my
TotalEnergies acquires interest in various blocks offshore Malaysia from PETRONAS
PETALING JAYA: TotalEnergies SE enlarged its upstream portfolio in Malaysia through the acquisition of interest in several offshore blocks from Petroliam Nasional Bhd (PETRONAS). Read full story Date: 16 June, […]
Energy transition must fit Malaysia’s needs and not bow to global pressure
KUALA LUMPUR: Malaysia’s energy transition policies must be based on national realities and domestic capabilities rather than simply adhering to international pressure, said Malakoff Corporation Bhd chairman Tan Sri Che […]
OPEC sees solid second-half of 2025 for world economy, trims 2026 supply
LONDON/MOSCOW: OPEC said on Monday it expected the global economy to remain resilient in the second half of this year despite concerns about trade conflicts and trimmed its forecast for […]
Ringgit rises against US dollar amid heightened uncertainties
KUALA LUMPUR: The ringgit ended higher against the US dollar, supported by a weaker US Dollar Index (DXY) which fell by 0.21 per cent to 97.979 points amid heightened uncertainties, […]
OCBC extends RM351mil financing for Johor property projects in JS-SEZ
KUALA LUMPUR: OCBC Bank (M) Bhd has extended RM351mil in financing to See Hong Chen Group and Exsim to support three strategic real estate developments in the Johor-Singapore Special Economic […]
Poh Kong remains stable as gold demand holds firm
KUALA LUMPUR: Poh Kong Holdings Bhd expects gold demand to remain strong as global trade tensions and tariff-driven disruptions push investors toward safe-haven assets like gold. Read full story Date: […]
Asian stocks, FX weaken on Mideast tensions; central bank meetings in focus
Most Asian stock markets retreated on Monday and currencies edged down against a resilient dollar as the escalating conflict between Israel and Iran weighed on risk sentiment, while investors braced […]