Business
Sri Lanka hikes interest rates by full point to fight inflation
Heightened tensions in the Middle East have prompted global commodity prices, particularly petroleum, to remain high, says the Central Bank of Sri Lanka.
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World
Taiwan drone exports soar on Ukraine war
Taiwanese companies have seen sales surge as Russia’s full-scale invasion of Ukraine fuels demand for drones widely deployed by both sides.
Business
Dollar wobbles as markets cling to hopes for Middle East peace deal
Despite low odds of a deal, peace hopes drive oil below US$100, easing pressure on emerging-market currencies.
Business
Oil rises, stocks mixed as new US strikes dampen peace deal optimism
Brent rises to US$97.32 after US strikes in southern Iran target boats attempting to lay mines and missile launch sites.
Business
Bursa eases at open on weaker crude oil prices
The main index retreats to 1,706.07 as profit-taking emerges on US-Iran de-escalation signals.
Business
Samsung’s non-chip union seeks injunction to halt bonus vote
Workers in smartphones, TVs and home appliances were told they had no right to vote on the semiconductor union pay deal.
Business
Ringgit opens slightly higher amid US-Iran negotiations
The local currency strengthens to 3.9500/3.9560 as optimism builds over the Straits of Hormuz reopening.
Automotive
Ferrari bets on generational tech shift with Luce five-seat EV
Ferrari turns to high-end technology and family-focused luxury while expanding beyond traditional petrol-powered sports cars.
Business
Google faces huge EU penalty over search practices
The US internet giant reportedly faces a high triple-digit million euro fine as part of a European Union antitrust investigation.
Business
Oil tumbles nearly 7% as US and Iran seen moving closer to deal
Optimism grows that oil shipments through the Strait of Hormuz will resume after nearly three months of disruption.
World
Japan plans US$19bil extra budget as costs rise with Iran war
Prime Minister Sanae Takaichi said the budget will be used to ease the rising cost of petrol, electricity and gas.
Business
Ringgit closes higher against US dollar on hopes of US-Iran deal
Apart from hopes of a US-Iran deal, Malaysia’s improving macroeconomic fundamentals also placed the ringgit in a favourable position, says an analyst.
Business
TAP Air Portugal cuts losses ahead of privatisation
The net loss fell to €40 million, thanks to increased passengers on flights to North and South America, after a loss of €108 million in the same quarter last year.
South East Asia
Batam set to host US$5bil AI data centre project
The authority said it would oversee the project through a fast-track execution mechanism to help accelerate investment realisation.
Business
Bursa ends lower on profit-taking
Investor focus is expected to remain centred on first-quarter results from major Malaysian banks, says analyst.
Business
Stocks rally, while oil and dollar ease on Middle East peace hopes
Nikkei surges to a record high as the dollar stumbles and investors move out of safe-haven assets.
Highlight
Malaysia Smelting hits all-time high after Q1 profit soars 456%
Tin miner and smelter’s Q1 FY2026 net profit surged over five-fold to RM42.9 million on soaring tin prices.
Business
Thailand’s trade deficit hits record US$10bil as imports soar
The trend of strong imports and a widening trade deficit is likely to continue if energy prices remain elevated and the artificial intelligence boom continues to fuel trade flows.
Business
Huawei reveals chip design breakthrough amid US sanctions
The 'Tau Scaling Law' targets 1.4-nm-equivalent transistor density in five years through improved system efficiency and data movement.
Business
Toshifumi Suzuki, ‘father’ of Japan convenience stores, dies at 93
Toshifumi Suzuki is credited with opening Japan’s first 7-Eleven store in 1974 and expanding it into the world’s largest convenience store chain, including by reviving the struggling US business.
Business
AI chip demand drives 6% growth for Singapore in first quarter
Strong electronics and wholesale trade activity support economic growth, balancing the fallout from the Middle East war.
Business
Bursa starts lower on cautious sentiment, muted buying
The benchmark index slips to 1,711.07 as losers outpace gainers 276 to 213 in broader market trade.
Business
Ringgit opens higher against greenback on improved sentiment
The local currency strengthens to 3.9635/3.9705 as investor optimism builds over possible progress in US-Iran talks.
Business
Dollar slumps as signs of deal to reopen Hormuz spur risk appetite
Holiday closures across major markets reduce liquidity as traders remain sceptical over whether a US-Iran deal would hold.
Business
Oil slips to 2-week low as US-Iran seen moving closer to peace deal
Brent crude futures fall to US$98.83 a barrel on reports of a largely negotiated peace deal linked to the Strait of Hormuz.
Business
Lagarde says ECB inflation forecast likely to be revised in June
Economists and investors predict a quarter-point increase amid doubts over a lasting peace deal between the US and Iran.
Business
Treasury market ushers in Warsh era with bets on 2026 rate hike
Bond investors expect the new Federal Reserve chair to prioritise inflation control over political pressure to lower interest rates.
World
Bangladesh invites bids for oil and gas exploration
The South Asian nation is scrambling to ease a fuel crunch as the Middle East war chokes vast quantities of global supply.