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ECONOMY

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  • ECONOMY

Gold Drops Below US$4,100 as Tech-Led Wall Street Selloff Spurs Liquidation

El Sky Media3 months ago3 months ago09 mins

KUALA LUMPUR,June, 2026— Gold extended its decline and dropped below US$4,100 an ounce as a tech-led selloff on Wall Street…

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  • ECONOMY
  • POLITICS
  • UPDATE

Anwar Leads Federal-State Talks on Economy, Water Security and Food Supply Amid Global Uncertainty

El Sky Media3 months ago3 months ago05 mins

KUALA LUMPUR, June 2026 — Prime Minister Datuk Seri Anwar Ibrahim chaired the 149th Meeting of Menteris Besar and Chief…

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  • BUSINESS
  • ECONOMY

SpaceX Shares Plunge Over 16% as AI Scepticism Wipes Hundreds of Billions From Market Value

El Sky Media3 months ago3 months ago010 mins

KUALA LUMPUR, June, 2026 — SpaceX shares suffered a sharp market reversal, plunging more than 16% as Wall Street’s enthusiasm…

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  • ECONOMY

Ringgit Strengthens Against US Dollar as Middle East Peace Talks Show Progress

El Sky Media3 months ago3 months ago09 mins

KUALA LUMPUR, June 2026 — The ringgit opened higher against the US dollar on Tuesday as progress in Middle East…

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  • ECONOMY
  • NATIONAL

Johor Bahru Rises as Southern Malaysia’s Economic and Clean City Hub

El Sky Media3 months ago3 months ago04 mins

KUALA LUMPUR,June,2026 — Johor Bahru continues to strengthen its image as one of southern Malaysia’s most important cities, not only…

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  • BUSINESS
  • ECONOMY

Ringgit Opens Higher Against US Dollar After Sharp Decline

El Sky Media3 months ago3 months ago04 mins

KUALA LUMPUR, June 2026 — The Malaysian ringgit opened higher against the US dollar on Friday, recovering from the previous…

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  • ECONOMY

Oil Prices Fall as Brent Drops Below $80 Amid Hopes of Hormuz Strait Flow Recovery

El Sky Media3 months ago3 months ago04 mins

KUALA LUMPUR, June 2026 — Global oil prices fell sharply on Tuesday, with Brent crude dropping below US$80 per barrel…

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  • BUSINESS
  • ECONOMY

Oil Prices Rebound as Unclear US-Iran Peace Deal Keeps Markets on Edge

El Sky Media3 months ago3 months ago08 mins

KUALA LUMPUR, June 2026 — Oil prices moved higher again on Tuesday as investors remained cautious over the lack of…

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  • BISNIS
  • ECONOMY

SpaceX IPO Tops US$85.7 Billion as Investor Demand Sends Musk’s Valuation Into New Territory

El Sky Media3 months ago3 months ago09 mins

KUALA LUMPUR, June, 2026 — SpaceX has raised its total initial public offering proceeds to US$85.7 billion after underwriters exercised…

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  • ECONOMY

Bitcoin Rallies To Two-Week High After US-Iran Hormuz Deal Boosts Global Risk Appetite

El Sky Media3 months ago3 months ago012 mins

KUALA LUMPUR,June 2026 – Bitcoin rallied to its highest level in nearly two weeks after the United States and Iran…

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