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Global stocks fall as bond yields surge, oil rises sharply
NEW YORK, Sept 24 — Stock markets fell yesterday as oil prices rose sharply and US bond yields jumped on inflation fears, with world leaders at the UN General Assembly offering little to suggest progress in ending turmoil in the
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Oil prices fall below US$100 after Trump hails ‘very good’ US-Iran talks
HONG KONG, Sept 23 — Oil prices fell today after President Donald Trump said US and Iranian representatives had met for “very good” talks at the United Nations. The international benchmark, Brent crude, and main US contract, West Texas Intermediate,
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Malaysia’s property market stays soft in 1H 2026 with nearly 60pc of developers reporting unsold units, Rehda survey finds
PETALING JAYA, Sept 23 — Malaysia’s property market remains soft, with growth appearing moderate despite a marginal improvement in sales performance during the first half of 2026, according to the Real Estate and Housing Developers’ Association (Rehda) Malaysia. Presenting the
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Bursa Malaysia retreats at open as investors cash in on recent gains
KUALA LUMPUR, Sept 23 — Bursa Malaysia opened lower today as investors took profits in selected heavyweights, paring recent gains amid ongoing US-Iran talks. Early market performance also tracked the mixed trend on Wall Street, where the Nasdaq hit an
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Idle workers, empty wharves: Hormuz blockade hits Iraq’s oil hub of Basra
BASRA, Sept 22 — In the Iraqi oil hub of Basra, maintenance contractor Fawzi spends his days cooling his heels waiting for work that seldom comes, as the Middle East war puts a serious crimp on the once-bustling port town. Basra
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Paramount reaches US$110b deal with US states, clearing path to Warner takeover
SAN JOSE, Sept 22 — The entertainment group Paramount has cleared a major hurdle in its takeover of Hollywood rival Warner Brothers, German Press Agency (dpa) reported. Paramount reached an agreement on Monday with several United States (US) states that
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MPOC sees Malaysia palm oil exports steady at 16 million tonnes in 2027
KUALA LUMPUR, Sept 22 — The Malaysian Palm Oil Council (MPOC) foresees Malaysia’s palm oil exports remaining stable at around 16 million tonnes in 2027, with the country expected to play an increasingly important role in supplying palm oil to
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Ringgit gains against US dollar as easing oil prices lift market sentiment
KUALA LUMPUR, Sept 22 — The ringgit opened slightly higher against the US dollar and a basket of major currencies on Tuesday, supported by improved market sentiment amid easing global oil prices and geopolitical developments. At 8am, the ringgit edged
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Global markets surge as oil prices fall, US-China trade hopes grow
NEW YORK, Sept 22 — Stock markets climbed on Monday, boosted by falling oil prices and positive signals from trade talks between Chinese and US officials over the weekend. Wall Street indices capped a buoyant day for global stocks with
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German auto workers protest job cuts, plant closures nationwide
ISTANBUL, Sept 21 — Germany’s largest industrial union IG Metall launched nationwide protests on Monday against job cuts and cost-saving measures in the country’s struggling automotive sector, Anadolu Ajansi (AA) reported. Under the slogan “Future instead of devastation — solidarity
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