Newsfeed – Business News
Global aid plunges 23pc to record low in 2025 as US cuts under Trump drive sharp decline
TOKYO, April 18 — Global official development assistance fell 23.1 per cent in 2025 from a year ago, the OECD said, marking its largest annual contraction on record as […]
Bursa Malaysia likely to trade higher next week on improved global sentiment
KUALA LUMPUR, April 18 — The Bursa Malaysia key index is likely to trade with an upward bias next week, supported by improving global risk sentiment following signs of easing […]
Ringgit likely to stay range-bound next week amid US dollar and geopolitical risks
KUALA LUMPUR, April 18 — The ringgit is likely to trade within a narrow range against the US dollar next week as external drivers remain dominant. IPPFA Sdn Bhd […]
Sunway Construction clinches RM1.75b data centre deal in Selangor with international hyperscaler
KUALA LUMPUR, April 17 — Sunway Construction Group Bhd (SunCon) has won a RM1.75 billion data centre construction project in Bandar Serendah, Selangor. It said that SCSB has entered into […]
Gamuda unit bags RM1.72b contract to build hyperscale data centre in Port Dickson
KUALA LUMPUR, April 17 — Gamuda Bhd’s wholly owned subsidiary, Gamuda Engineering Sdn Bhd, has secured a contract from a multinational technology company headquartered in the United States to build […]
China fines e-commerce giants RM2b over ‘ghost’ food deliveries
BEIJING, April 17 — China has issued fines totalling 3.6 billion yuan (RM2.08 billion) to seven major e-commerce platforms for food safety violations, the State Administration for Market Regulation (SAMR) […]
Ringgit firms against US dollar on stronger-than-expected GDP outlook
KUALA LUMPUR, April 17 — The ringgit closed higher against the US dollar on Friday, supported by positive sentiment following the release of Malaysia’s advance gross domestic product (GDP) estimates […]
Bursa Malaysia ends week higher as upbeat GDP outlook lifts sentiment
KUALA LUMPUR, April 17 — Bursa Malaysia closed the week higher, extending its upward momentum, buoyed by positive sentiment following the release of Malaysia’s advance gross domestic product (GDP) estimates, […]
Foreign investors flock back to Malaysian bonds in march, pouring in RM6.1b despite global jitters
KUALA LUMPUR, April 17 — Foreign investors demonstrated renewed confidence in the Malaysian bond market in March, pouring in a net RM6.1 billion in the strongest monthly inflow seen in […]
Low inflation helps Malaysia weather energy supply shock, says BNM governor
KUALA LUMPUR, April 17 — Malaysia’s relatively low inflation environment is expected to help the country weather the current energy supply shock, even as global oil prices are projected to […]