Business
Back to homepage
Malaysia’s consumer sector seen resilient amid stable demand, subsidy measures, says RHB IB
KUALA LUMPUR, March 30 — The Malaysian consumer products sector shall continue to provide earnings resilience and visibility, underpinned by stable domestic consumption and ongoing fiscal support, according to RHB Investment Bank Bhd (RHB IB). In a note today, the
Read More
Bursa Malaysia slips at open as regional markets tumble, oil jumps past US$110
KUALA LUMPUR, March 30 — Bursa Malaysia eased in early trade today as it tracked regional market losses after a sharp Wall Street sell-off, as Brent crude oil surged above US$110 (RM441) per barrel. At 9.15 am, the FTSE Bursa
Read More
WTO meeting collapses in deadlock after Brazil rejects e‑commerce moratorium deal
YAOUNDE, March 30 — World Trade Organisation talks ended deadlocked today as Brazil blocked a bid by the United States and other countries to secure an extension to a moratorium on customs duties for electronic transmissions like digital downloads, diplomats
Read More
Ringgit eases as investors flock to safe‑haven assets
KUALA LUMPUR, March 30 — The ringgit eased today as market players continued to shift towards safe-haven assets amid uncertainties surrounding the fallout from the ongoing conflict in West Asia, now stretching beyond a month. At 8 am, the local
Read More
Nikkei sinks over 5pc, Kospi slides 4pc as oil surges past US$100
TOKYO, March 30 — Japan’s Nikkei tumbled over five per cent in early trade today and South Korea’s Kospi was down more than four per cent after the price of oil rose again with no end in sight for the
Read More
Ship insurers grapple with soaring war‑risk costs for perilous Gulf route
LONDON, March 29 — Iranian forces’ threat to ships in the crucial Strait of Hormuz has driven up payments for the insurance that underpins the world freight industry. Here are facts and figures about how maritime insurance works — and
Read More
State-owned Aluminium Bahrain plant hit in Iranian attack, two workers hurt but operations to go on
MANAMA, March 29 — Aluminium Bahrain (Alba) confirmed that its facility was subject to an Iranian attack on Saturday, Bahrain News Agency (BNA) reported. “The safety and security of Alba’s people remain its top priority and the Company confirms that
Read More
AI needs power, and in the US, natural gas is stepping up, for better or worse
HOUSTON, March 28 — Natural gas took center stage this week at the world’s largest energy conference, as major market players discussed how to power the rise of artificial intelligence. In the halls of CERAWeek, where around 10,000 experts and
Read More
Italy investigates Sephora, LVMH over ‘insidious’ marketing of cosmetics to minors
MILAN, March 28 — Italian competition regulators said yesterday they have opened a probe into French luxury group LVMH and its Sephora and Benefit subsidiaries for promoting skin care products to minors. “The investigations were opened over concerns that important
Read More
‘This is unbelievable corruption’: US lawmakers question fishy trades that moved oil, S&P futures before Trump’s Iran posts
NEW YORK, March 28 — Unusual bursts of trading on the oil and stock markets this week, just minutes before social media posts on the Iran war by President Donald Trump, have added to suspicions of insider trading linked to
Read More