Newsfeed – Business News
Thailand considers late-night petrol station closures as Middle East tensions drive shortages
BANGKOK, April 7 — Thailand is considering enforcing overnight closures of petrol stations beginning later this month, the prime minister said today, an effort to preserve fuel as the […]
Ringgit ends almost flat against US dollar amid West Asia tensions
KUALA LUMPUR, April 7 — The ringgit closed almost flat against the US dollar today as investors remained cautious amid the ongoing conflict in West Asia. At 6 pm, […]
Bursa Malaysia extends losses for fourth day as West Asia tensions keep investors cautious
KUALA LUMPUR, April 7 — Bursa Malaysia ended on a softer note, with the benchmarik index extending its decline to a fourth consecutive day, and falling by nearly 2.0 per […]
Media reports: Air India CEO Campbell Wilson resigns, no reason given
NEW DELHI, April 7 — The chief executive of Indian carrier Air India, Campbell Wilson, has resigned from his position, local media reported today. The reports did not specify the […]
International energy agency chief: Mideast war could kickstart renewables boom
PARIS, April 7 — The world’s worst energy crisis, caused by the Middle East war, will accelerate the development of renewables, nuclear energy and electric vehicles, the head of the […]
Asian airlines trim schedules and carry extra fuel as supplies tighten
HONG KONG, April 7 — Airlines across Asia are cutting flights, carrying extra fuel from home airports and adding refuelling stops as the Middle East conflict squeezes jet fuel supply […]
Samsung Electronics expects record US$37.9b profit in Q1, 68pc sales surge amid AI boom
SEOUL, April 7 — Tech giant Samsung Electronics today estimated its first quarter profit had soared 755 per cent annually to a record high of 57.2 trillion won (RM150 billion), […]
Global tensions see ringgit flat against USD but firmer against other major currencies
KUALA LUMPUR, April 7 — The ringgit opened little changed against the US dollar but strengthened against major currencies today, as market sentiment remained cautious ahead of US President Donald […]
No deal — Sunway’s IJM takeover bid lapses after hitting 33pc roadblock
KUALA LUMPUR, April 7 — Sunway Bhd’s takeover offer for IJM Corporation Bhd has lapsed after failing to meet more than 50 per cent of the voting shares, said Maybank […]
Inside a Chinese factory’s survival story as Trump tariffs reshape global supply chains
DONGGUAN, April 7 — US President Donald Trump’s tariffs sought to hurt Chinese manufacturing, but for one electronics maker, a turbulent 2025 ended with a belief that China is a […]