Newsfeed – Business News
FBM KLCI slips below 1,700 again amid Middle East tensions, oil surge
KUALA LUMPUR: The FBM KLCI slipped below the 1,700-mark again for the second time this week, tracking weakness across regional markets amid escalating Middle East tensions and surging oil prices. […]
Empire Sushi owner signs IPO underwriting agreement with Maybank IB
KUALA LUMPUR: Empire Premium Food Bhd has entered into a retail underwriting agreement with Maybank Investment Bank Bhd (Maybank IB) for its initial public offering (IPO) and proposed listing on the Main […]
Oil heads for weekly gains despite US sanctions waiver on Russian oil
SINGAPORE: Oil prices headed for weekly gains as of Friday, despite the U.S. trying to ease supply concerns by issuing a 30-day license for countries to buy Russian oil and […]
‘Dream holidays’ in disarray, trips diverted as travellers count cost of Iran war
SYDNEY/LONDON: In the remote Western Australian town of Dardanup, accountant Natasha Earle and her family are feeling the financial pain of the U.S.-Israeli war with Iran. Read full story Date: […]
Record success at Gulfood 2026
THE Malaysia External Trade Development Corporation (Matrade) reported that Malaysia’s participation in the 31st edition of Gulfood generated a record-breaking RM1.76bil in total export sales, surpassing the initial target of […]
Malaysia better placed to weather oil surge
PETALING JAYA: Despite the ongoing war in Iran, Malaysia is more insulated than its regional peers when it comes to withstanding a surge in oil prices. Read full story Date: […]
Scientex 2Q net profit rises to RM135.18mil
KUALA LUMPUR: Scientex Bhd posted a higher net profit of RM135.18 million in the second quarter ended Jan 31, 2026 (2Q FY2026) from RM123.95 million in the same quarter of FY2025. […]
Gold set for weekly drop as oil price surge weighs on rate-cut hopes
GOLD prices were on track for a second consecutive weekly drop, despite edging up on Friday, as surging energy prices due to the Middle East war dimmed prospects for near-term […]
China’s green push a boost for Asia-Pacific
CHINA’s pursuit of low-carbon development will help shape green transition across the wider Asia-Pacific region, analysts said. Read full story Date: 13 March, 2026 3:00 pm Source: thestar.com.my
Rakuten Trade forecasts FBM KLCI at 1,800 in 2026 amid global uncertainty
KUALA LUMPUR: Rakuten Trade has revised its forecast for the FTSE Bursa Malaysia KLCI (FBM KLCI) slightly lower at 1,800 for 2026 from 1,810 previously in view of the overhanging […]
