BUSINESS
Local & World Business News
BUSINESS
Vietnam’s economy grew 7.83% in first quarter
Overall exports rose 19.1% to US$122.93 billion from the first quarter in 2025, while imports climbed 27% to US$126.57 billion.
World Business
BUSINESS
US intelligence warns Iran unlikely to ease Hormuz Strait chokehold soon
BUSINESS
US judge upholds block on subpoenas to Fed’s Powell
Prime minister Sanae Takaichi is seeking to discuss rare earths supply chains and cooperation on safe navigation through the Strait of Hormuz.
The world’s largest economy gained 178,000 jobs in March, after losing 133,000 in February.
Traders are wrestling with conflicting signals about a potential winding down of the US-Israeli military strikes on Iran.
Palm oil production is less affected by fertiliser supply disruptions due to the Middle East conflict, leaving the industry in a relatively safe position.
Local Business
BUSINESS
Petronas cuts planning horizon from 3 months to 45 days
BUSINESS
Malaysia’s palm oil sector well placed despite Middle East conflict
The ringgit has gained ground against the US dollar on signs of a reopening of the Strait of Hormuz, easing market tensions, says an analyst.
IJM says the voluntary takeover offer by Sunway must be assessed in its proper ‘strategic context’.
Traders remain cautious given the heightened volatility and uncertainty stemming from the unresolved conflict in the Middle East, says analyst.
MAG group CEO Nasaruddin Bakar says the airline will also grow its fleet to support expansion efforts.