Newsfeed – Business News
FBM KLCI tops 1,500 mark as sentiment lifts across Asia
KUALA LUMPUR: The FBM KLCI closed above the psychological 1,500-point level on Wednesday, tracking upbeat sentiment across regional markets amid encouraging external cues. Read full story Date: 23 April, 2025 […]
Sandakan launches new air cargo terminal to drive Sabah trade
KOTA KINABALU: Sabah launched its first dedicated air cargo terminal in Sandakan today, a key step in strengthening the state’s cross-border trade and expanding logistics capacity in the region. Read […]
Oil up more than 1% on fresh Iran sanctions, lower US crude stocks
SINGAPORE: Oil prices climbed more than 1% on Wednesday, extending the prior day’s gains, as investors weighed a fresh round of U.S. sanctions on Iran, a drop in U.S. crude […]
Indonesia central bank holds policy rates to keep rupiah stable
JAKARTA: Indonesia’s central bank held policy rates steady for a third consecutive review on Wednesday, as expected, aiming to maintain rupiah exchange rate stability amid global uncertainty over trade tensions. […]
World’s biggest small-commodities market unfazed by US tariffs
WHILE the United States’ unwarranted imposition of tariffs has strained the nerves of traders around the globe, merchants in Yiwu, Zhejiang province, are confident their exploration of diversified export markets […]
PETRONAS inks 11 MoUs to strengthen OGSE sector
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas), through Malaysia Petroleum Management (MPM), has signed 11 memoranda of understanding (MoUs) aimed at strengthening Malaysia’s oil and gas services and equipment (OGSE) sector. […]
Direct tariffs likely to impact Malaysia’s exports but outlook bright on supply chain diversification – Franklin Templeton
KUALA LUMPUR: Malaysia’s exports are likely to be impacted by the imposition of any direct tariffs, global growth slowdown or possible recession, but the longer-term outlook remains bright as there […]
Singapore’s March core inflation rises 0.5% y-o-y, lowest since June 2021
SINGAPORE: Singapore’s key consumer price gauge rose 0.5% in March from a year earlier, official data showed on Wednesday, the lowest annual rate since 0.6% in June 2021. Read full […]
Malaysia’s inflation slows to 1.4% in March
KUALA LUMPUR: Malaysia’s inflation increased at a slower rate of 1.4 per cent in March 2025, with the index points at 134.1 compared to 132.2 in the previous corresponding month, […]
Hartalega anticipates turnaround amid early signs of sales recovery
PETALING JAYA: Hartalega Holdings Bhd is positioning for a potential turnaround in the coming months, buoyed by early signs of demand recovery and an anticipated rebound in average selling prices […]