Newsfeed – Business News
Oil settles down as Trump comments ease Iranian supply concerns
Oil prices settled down around 4% on Thursday ending a five-day streak of gains after US President Donald Trump said the crackdown on protesters in Iran was easing, allaying concerns over […]
Wall St ends higher as banks gain on upbeat results
US stocks rose on Thursday after two days of declines as Morgan Stanley and Goldman Sachs shares shot up following upbeat quarterly results, while Taiwan-based chipmaker TSMC’s blockbuster results boosted shares […]
Textile firms call for more support from govt
The domestic textile and garment industry has urged the government to improve access to cleaner energy and tighten import protections following the government’s vow to allocate US$6bil to support labour-intensive […]
West Java aims to revamp airport operations
The West Java administration plans to give its stake in the Kertajati International Airport in Majalengka to the central government and in return get a stake in Husein Sastranegara Airport […]
Ringgit strength to be short-lived
Optimism surrounding the ringgit may be short-lived, with Maybank Investment Bank Bhd expecting the currency to weaken in the second half of financial year 2026 (2H26) amid a stabilising US […]
UK offshore wind auction sets new record
Britain stepped up support for offshore wind in the latest subsidy auction, showing the government is still determined to meet its ambitious 2030 clean-power goal even as costs rise. Read […]
Hanwha spin-off sharpens succession lines
Hanwha Corp, the holding company of South Korea’s seventh-largest conglomerate Hanwha Group, has decided to split into two holding entities. Read full story Date: 16 January, 2026 7:00 am Source: […]
Trump backs Washington-controlled Venezuela staying in Opec
President Donald Trump said that he believes it would be better for Venezuela to remain in the Organisation of the Petroleum Exporting Countries (Opec), but added he is unsure if […]
UK housing market is turning a corner
UK real estate agents grew more optimistic in December as easing borrowing costs and an end to budget uncertainty lifted some of the gloom that hung over the housing market […]
JPMorgan raises US$6bil in its first bond sale for this year
JPMorgan Chase & Co sold US$6bil of investment-grade bonds, kicking off issuance by major Wall Street banks after releasing fourth-quarter of financial year 2025 (4Q25) results. Read full story Date: […]