Newsfeed – Business News
High gold prices dampen India’s festival demand despite investment uptick
MUMBAI, April 20 — Gold demand during one of India’s key buying festivals stayed muted yesterday as record prices curbed jewellery purchases, offsetting a modest uptick in investment demand. Indians […]
Ringgit steadies but under pressure at open as risk-off mood boosts US dollar
KUALA LUMPUR, April 20 — The ringgit opened almost flat against the US dollar on Monday as investors sought shelter in safe-haven assets, with the greenback seen as one of […]
US oil benchmark surges 7.5pc as ceasefire frays and Hormuz stalls
TOKYO, April 20 — The benchmark US oil contract West Texas Intermediate (WTI) surged 7.5 per cent today, as Iran accused the United States of having broken a ceasefire in […]
IMF, World Bank meetings expose fading confidence in US leadership during global crises
WASHINGTON, April 19 — Global finance leaders, whipsawed by Middle East war news, came to grips this past week with their inability to mitigate the economic damage from increasingly frequent […]
Airbus backs Malaysia as next aviation mega hub with new long-haul aircraft demand rising
KUALA LUMPUR, April 19 — Airbus sees strong potential for Malaysia, especially Kuala Lumpur International Airport (KLIA), to emerge as another super connector or mega hub in the Asia-Pacific region, […]
US grants fresh waiver on Russian oil sales to ease energy price surge
WASHINGTON, April 18 — US President Donald Trump’s administration yesterday issued a month-long sanctions waiver allowing the sale of Russian oil and petroleum products that are at sea, extending an […]
Pineapple board says diversified demand cushions Malaysia’s exports from Middle East tensions
JASIN, April 18 — The country’s pineapple export industry has not been affected by the current West Asia crisis even though a significant portion of the export market is in […]
Global aid plunges 23pc to record low in 2025 as US cuts under Trump drive sharp decline
TOKYO, April 18 — Global official development assistance fell 23.1 per cent in 2025 from a year ago, the OECD said, marking its largest annual contraction on record as […]
Bursa Malaysia likely to trade higher next week on improved global sentiment
KUALA LUMPUR, April 18 — The Bursa Malaysia key index is likely to trade with an upward bias next week, supported by improving global risk sentiment following signs of easing […]
Ringgit likely to stay range-bound next week amid US dollar and geopolitical risks
KUALA LUMPUR, April 18 — The ringgit is likely to trade within a narrow range against the US dollar next week as external drivers remain dominant. IPPFA Sdn Bhd […]