Fed officials urge patience on timing of initial rate cut
WASHINGTON/AMELIA ISLAND: Federal Reserve policymakers said on Tuesday the U.S. central bank should wait several more months to ensure that inflation…
CIMB forecasts mid-June kickoff for fuel subsidy rationalisation
KUALA LUMPUR: CIMB Treasury and Markets Research anticipates the rollout of fuel subsidy rationalisation to commence in mid-June 2024 at the earliest.
M&S annual profit soars 58% as turnaround strategy delivers
LONDON: British retailer Marks & Spencer reported a 58% rise in annual profit, ahead of market expectations, as its strategy…
Five Petroleum to explore partnerships in Uzbekistan
FIVE Petroleum Malaysia Sdn Bhd, a prominent player in the Malaysian energy sector, partook in a memorandum of understanding (MoU)…
Potential exports of RM2.4bil from Kazakhstan, Uzbekistan signal opportunities in Central Asia – Tengku Zafrul
KUALA LUMPUR: Potential exports worth RM2.4 billion from businesses in Kazakhstan and Uzbekistan indicate numerous opportunities for Malaysian companies to…
UK inflation pressure stays hot, dashing hopes for June rate cut
LONDON: Inflation in Britain eased less than expected and a key core measure of prices barely dropped, prompting investors to…
US stocks end slightly higher after Fed comments
US stocks closed with slight gains on Tuesday, sending the S&P 500 and Nasdaq to record levels, as investors assessed the…
ANC support grows in weeks before South African election, poll shows
JOHANNESBURG (Reuters) - Support for South Africa's governing African National Congress has risen in the weeks leading up to this…
Exclusive-Western decisions on key military aid to Ukraine are too slow, Zelenskiy says
KYIV (Reuters) - Western allies are taking too long to make key decisions on military support for Ukraine, President Volodymyr…