Newsfeed – Business News
Oil rises on fears of supply disruption as US-Venezuela tensions escalate
TOKYO: Oil prices rose on Monday, recouping part of last week’s 4% slide, as concerns over potential disruptions from escalating U.S.-Venezuela tensions outweighed lingering oversupply worries and the effects of […]
China’s factory output, retail sales weaken in November
BEIJING: China’s factory output and retail sales growth slowed further in November, weighed by weak domestic demand and adding pressure on policymakers to take action to rebalance the $19 trillion […]
FBM KLCI slips after previous-week rally
KUALA LUMPUR: The FBM KLCI was slightly lower as trading commenced on Monday, with investors taking a breather after closing out the previous week with two strong sessions of gains. […]
Stocks slip as traders reduce exposure ahead of central bank meetings, key data
SINGAPORE: Asian stocks tumbled in early trading on Monday as investors reined in risk-taking at the start of a week sprinkled with central bank decisions and data releases. Read full […]
Ringgit maintains upward trend, trade firmer against US$
KUALA LUMPUR: The ringgit maintained its upward trend, opening slightly higher against the US dollar as improving sentiment in the Malaysian economy and easing trade tensions supported the local currency. […]
Trading ideas: Kerjaya Prospek, Lianson, Hume Cement, Orkim, Econpile, Khee San, Mytech, Managepay, Industronic, Evocom, SLGC, Yinson, EWI
KUALA LUMPUR: Kerjaya Prospek Group Bhd has secured a RM225.0mn contract for the construction of a 50-storey serviced apartment and commercial development in Johor Bahru. Read full story Date: 15 […]
Lowering business cost is a strategic priority
ON-the-ground feedback and various surveys have consistently showed that businesses remain under operational and financial strains in 2024-2025, primarily driven by rising input costs, economic uncertainty, rising wages, supply chain […]
Steady advancement in local commitment to ESG standards
KUALA LUMPUR: The outlook for the adoption of environmental, social and governance (ESG) standards by companies in Malaysia looks highly positive next year due largely to practical policy initiatives unveiled […]
Australia to ban supermarket price gouging
MELBOURNE: Australia will ban supermarket price gouging from July 1 under a new law the government says will protect shoppers from excessive grocery prices charged by major retailers. Read full […]
CPO futures set to trade lower
KUALA LUMPUR: The crude palm oil (CPO) futures market is expected to trade lower this week due to profit taking, says Interband Group of Companies senior palm oil trader Jim […]