Newsfeed – Business News
Oil settles higher as Iran-Israel conflict enters sixth day
Oil prices settled higher on Wednesday in a volatile session as investors weighed the chance of supply disruptions from the Iran-Israel conflict and potential direct US involvement. Read full story Date: […]
S&P 500 ends flat as Fed chair says inflation to rise
The S&P 500 ended nearly flat on Wednesday, giving back earlier gains after Federal Reserve chair Jerome Powell said inflation in goods prices is expected to go up over the […]
Danantara, INA to invest in Chandra Asri
State asset fund Danantara and sovereign wealth fund Indonesia Investment Authority (INA) have signed a memorandum of understanding (MoU) to become strategic investors in the expansion of publicly listed petrochemical […]
World Bank approves development package
The World Bank has announced a US$2.1bil blended finance package spanning over two different projects, which it says are the first approved in support of the Indonesian government’s goal of […]
Subsidy rush overwhelms Beijing’s stimulus
China is testing the limits of what its consumer stimulus can accomplish by subsidising purchases of select goods, fuelling a shopping spree that boosted retail sales growth to the strongest […]
McKinsey’s clients rethinking US assets
Companies are giving more consideration to opportunities outside the United States because of policy upheaval under the Trump administration, said McKinsey & Co global managing partner Bob Sternfels. Read full […]
House tax bill to boost deficit by US$2.8 trillion
The House-passed version of Republicans’ tax and spending bill would add US$2.8 trillion to US deficits over the next decade, according to new estimates from the Congressional Budget Office (CBO) […]
Farm Price acquires assets and business for RM4.5mil
PETALING JAYA: Food Life Sdn Bhd, a wholly-owned subsidiary of Farm Price Holdings Berhad, has entered into agreements to acquire assets and a business from Hong Yun Vegetables and Fruits […]
Malaysia seeks to reduce high medical inflation through Bank Negara’s RESET health financing initiative
KUALA LUMPUR: There is both room and opportunity for Malaysia to reduce its high medical inflation, one of the highest in Asia, through reforms under Bank Negara Malaysia’s (BNM) RESET health […]
JS-SEZ key to Johor’s rise as regional innovation and investment hub
ISKANDAR PUTERI: The Johor-Singapore Special Economic Zone (JS-SEZ) is emerging as a cornerstone of Johor’s transformation into a next-generation regional powerhouse, with the state offering a compelling value proposition to […]