world business news

Fed Holds Fed Funds Rate at 3.50-3.75% Amid Elevated Inflation Risks

The FOMC maintained that US economic activity continued to expand at a “solid” pace. Growth remains supported by resilient consumer…

4 days ago

Amid ceasefire uncertainty, LNG prices still reflect optimism

Global LNG prices ease despite Middle East risks, with supply recovery hopes offset by uncertainty over Strait of Hormuz transit…

2 weeks ago

Global Conflict Puts Oil Refineries on Edge as Supply Risks Rise

Escalating geopolitical tensions threaten oil supply chains, raising refining costs and potentially impacting Malaysia's energy sector and fuel prices.

3 weeks ago

Iranian ships crossing Hormuz despite US blockade

Tankers pile up in Hormuz as Trump ramps up pressure on Iran with maritime blockade but Iran insist it controls…

3 weeks ago

Hungary Ousts Orbán, Péter Magyar Wins

Hungarian voters oust Viktor Orbán after 16 years; Péter Magyar pledges EU, NATO ties, reshaping politics and global far‑right influence.

3 weeks ago

Tech Industry Faces “Low Fire, Low Hire” as Layoffs Continue

Tech layoffs continue in 2026, with 40,000 jobs cut as firms pivot to AI, streamline operations, and correct pandemic over-hiring.

3 weeks ago

Markets expected to remain cautious After Iran Ceasefire

Markets remain cautious after Trump's two-week ceasefire with Iran, reflecting geopolitical tensions and potential risks of renewed escalation.

4 weeks ago

Malaysia Urged to Grab 90-Day Window as UAE Seeks ASEAN Lifeline

A new strategic brief highlights Malaysia's opportunity to secure vital trade partnerships with the UAE following regional conflicts, emphasizing urgency…

4 weeks ago

Space Data Centers Spark Debate Amid Billion-Dollar Investments

Tech giants push space data centers as AI solution, but critics warn of massive costs, risks, and limited lifespans.

4 weeks ago

Trump Fires Pam Bondi, Names Todd Blanche Acting Chief

Trump fires Attorney General Pam Bondi, appoints Todd Blanche interim chief; Democrats welcome move, citing corruption and Epstein files controversy.

1 month ago

Oracle Lays Off Thousands Amid AI Push

Oracle is laying off thousands of employees globally to restructure and invest in AI, while restructuring costs may reach $2.1…

1 month ago

US Fed Holds Rates Steady at 3.50%-3.75%, Inflation Risks Loom

US Fed holds rates steady at 3.50%-3.75%, citing inflation risks and global uncertainties, with cautious outlook on future cuts.

2 months ago

Air Travel Chaos Hit Middle East Airlines Amid Conflict

Major Middle Eastern carriers face cancellations and limited schedules as regional conflict forces closures of airports and airspace restrictions.

2 months ago

EU: Eurozone industrial outlook clouded as energy risks return

The eurozone industry's outlook is uncertain, with January production falling 1.5%, impacted by rising energy prices amid Middle East tensions,…

2 months ago

Google Completes Strategic Acquisition of Wiz

Google Cloud integrates Wiz to provide a unified, AI-powered security platform protecting data across all major cloud environments and providers.

2 months ago

Emerging market portfolio Flows Normalize After January Surge

Emerging market portfolio flows eased in February to $21.7 bn, normalizing after January’s exceptional $100.5 bn surge.

2 months ago

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