Business
Back to homepageAirline pilots warn of pay cuts, sack risks over refusing Middle East flights
MONTREAL, April 10 — Airline pilots who have safety concerns about flying in the Middle East during the Iran war have told a global aviators’ union group they fear blowback ranging from lost pay to being fired if they refuse
Read MoreIMF to cut global growth outlook as war in West Asia weighs on economy
WASHINGTON, April 10 — The International Monetary Fund will lower global growth forecasts due to the Middle East war, its chief said Thursday, warning of the conflict’s “scarring effects” despite a fragile ceasefire. “Even in a best case, there will
Read MoreJapan to release 20 days of oil reserves to steady supply amid Middle East tensions
TOKYO, April 9 — Japan plans to release a further 20 days’ worth of oil reserves as early as next month, local media reported on Friday citing an announcement by Prime Minister Sanae Takaichi. The country first began tapping into
Read MoreRinggit firms further against US dollar as improving sentiment lifts demand
KUALA LUMPUR, April 10 — The ringgit remained firm against the US dollar at the opening on Friday, supported by sustained demand for the local currency amid improving risk appetite among traders and investors. At 8am, the local currency strengthened
Read MoreLabuan FSA unveils five-year plan to strengthen Islamic finance and digital economy from 2027
LABUAN, April 9 — The Labuan Financial Services Authority (Labuan FSA) is set to launch a new five-year blueprint by the end of this year or early next year, with a strategic focus on strengthening Islamic finance and the digital
Read MoreTikTok Shop posts over 130pc sales growth during Ramadan, Aidilfitri
KUALA LUMPUR, April 9 — TikTok Shop, which markets Malaysian-made products by micro, small and medium enterprises (MSMEs) as well as local brands via TikTok Shop Mall, recorded sales growth of over 130 per cent year-on-year throughout Ramadan and Aidilfitri
Read MoreMalaysian glove maker WRP to wind down operations as Iran war drives costs, supply crunch
KUALA LUMPUR, April 9 — Malaysian rubber glove manufacturer WRP Asia Pacific Sdn Bhd will begin winding down its operations this month, citing disruptions to global energy and petrochemical supply chains linked to the Middle East conflict. In a letter
Read MoreRinggit firms at 3.97 amid ceasefire optimism, but outlook stays fragile
KUALA LUMPUR, April 9 — The ringgit remained firmer at the 3.97 level against the US dollar and other major currencies at Thursday’s opening, supported by improved market optimism following the two-week ceasefire, which spurred risk-on sentiment. At 8am, the
Read MoreBursa Malaysia jumps 1.16pc as US-Iran ceasefire lifts market sentiment
KUALA LUMPUR, April 8 — Bursa Malaysia ended broadly higher, with the benchmark index rising 1.16 per cent to close near the 1,700 mark, supported by positive sentiment following news of a two-week ceasefire between the United States (US) and
Read MoreGrab rolls out 13 AI features to sharpen superapp edge across South-east Asia
JAKARTA, April 8 — South-east Asia’s top ride-hailing and delivery firm, Grab, has unveiled 13 new artificial intelligence (AI)-powered features at its annual GrabX 2026 showcase, positioning its platform as an intelligent everyday guide aimed at improving daily life, travel
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