Newsfeed – Business News
AEON Credit raises RM150mil via Sukuk Wakalah
KUALA LUMPUR: AEON Credit Service (M) Bhd has completed its eleventh issuance of Islamic Commercial Papers (ICP) under its Sukuk Wakalah programme, raising RM150mil with a tenure of 179 days. […]
Cenergi SEA, Malaysia Airports co-develops solar, battery energy project
KUALA LUMPUR: Cenergi SEA Bhd and KLIA Aeropolis Sdn Bhd are co-developing a 36 megawatt-peak (MWp) large-scale solar photovoltaic (PV) power plant, integrated with a 45 megawatt-hour (MWh) battery energy storage system (BESS) […]
SBS Nexus shares to Malaysian public oversubscribed by 22.28 times
PETALING JAYA: ACE Market-bound integrated marketing and branding services provider SBS Nexus Bhd’s 24.5 million new shares made available to the Malaysian public has been oversubscribed by 22.28 times. Read […]
Ringgit ends lower against US dollar ahead of US jobs data, tariff ruling
KUALA LUMPUR: The ringgit ended lower against the US dollar on Friday, as markets moved into a cautious holding pattern ahead of tonight’s US non-farm payrolls release and a possible Supreme […]
Thai central bank to expand authority to scrutinise online gold trading, governor says
BANGKOK: Thailand will expand the authority of its central bank in order to better supervise online gold trading, the bank’s governor Vitai Ratanakorn said on Friday. Read full story Date: […]
Bursa Malaysia rallies on broad-based gains, improved sentiment
KUALA LUMPUR: Bursa Malaysia rallied on Friday, supported by broad-based gains that lifted the benchmark index to an intraday high and secured a positive close for the week. Read full […]
Bursa Malaysia reprimands Reneuco, fines one director RM2,500
KUALA LUMPUR: Bursa Malaysia Securities Bhd has publicly reprimanded Reneuco Bhd and five of its directors for breaching the Main Market Listing Requirements (Main LR), with one director also fined […]
Disney CEO meets top Chinese official as ‘House of Mouse’ navigates US‑China tensions
BEIJING: One of China’s top officials met with Disney CEO Bob Iger in Beijing on Friday, state media reported, as the “House of Mouse” seeks to strengthen its foothold in […]
Oil advances on concerns about supply disruptions in Venezuela, Iran
SINGAPORE: Oil prices rose for a second day on Friday, up more than 1% and set for their third weekly gain, on uncertainty about the future of supply from Venezuela […]
Shanghai benchmark hits 10-year high as easing deflation lifts sentiment
SHANGHAI: Mainland China and Hong Kong stocks advanced on Friday, with the Shanghai benchmark topping the psychologically important 4,100 points to a decade high, as investor sentiment improved on signs […]