OPEC+ agrees another accelerated oil output hike for June, sources say

LONDON/DUBAI: Eight OPEC+ countries meeting on Saturday have agreed to a further accelerated oil output hike for June of 411,000 barrels per day, two sources told Reuters while

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Young and broke: Symptom of Malaysia’s deeper financial challenges

THE alarming rise in bankruptcy among Malaysian youths is a critical issue, with 877 cases reported in 2024 and over 5,000 since 2020. This trend highlights the significant

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Optimax sets sights on expanding operations in Cambodia, Indonesia and Vietnam

KUALA LUMPUR: Optimax Holdings Bhd aims to double its foreign patient revenue contribution to 20% by end-2025 as it scales up outreach in Cambodia, Indonesia and Vietnam. CEO

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Malaysia prepared for tariff negotiation with US, will protect commodities sector – Johari

PUTRAJAYA: Malaysia is making thorough preparations for official tariff negotiations with the United States, with the Ministry of Plantation and Commodities (KPK) emphasising the need to protect the

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Shell profit beats expectations, buybacks kept steady

SHELL exceeded analyst expectations on Friday, reporting a 28% drop in first-quarter net profit to $5.58 billion, while holding steady the pace of its share buyback programme despite

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Rupee hits six-month peak before retreating on likely central bank intervention

MUMBAI: The Indian rupee soared past 84 per U.S. dollar to touch a near six-month peak on Friday before reversing course on the back of likely dollar buying

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Gold gains on bargain hunting ahead of key US jobs data

GOLD rose on Friday on bargain-hunting ahead of US non-farm payrolls report, after prices touched a two-week low in the previous session, but signs of easing US-China trade

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Malaysia’s GDP to moderate at 4.0% in 2025 – MIDF Amanah

KUALA LUMPUR: MIDF Amanah Investment Bank Bhd expects Malaysia’s gross domestic product (GDP) to grow at a moderate rate of 4.0 per cent in 2025, compared to 5.1

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Ringgit strengthens vs US dollar at close

KUALA LUMPUR: The ringgit extended its gains to end the week stronger against the US dollar today amid renewed optimism on global trade, an analyst said. At 6

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Reach Ten to expand fibre optic link in Sarawak to Miri, Sibu and Bintulu

KUALA LUMPUR: Sarawak-based telecommunications service provider Reach Ten Holdings Bhd is set to expand its fibre optic duct infrastructure in the state to Miri, Sibu and Bintulu over

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