Newsfeed – Business News
Carsome achieves record results, marks second consecutive profitable year
PETALING JAYA: Carsome Group Inc, South-east Asia’s largest integrated car e-commerce platform, reported a milestone year in financial year (FY) 2025 with earnings before interest, taxes, depreciation and amortisation more […]
Boost Bank partners Great Eastern to launch protection plans with savings feature
KUALA LUMPUR: Boost Bank has partnered with Great Eastern General Insurance (Malaysia) to roll out a range of protection plans bundled with a savings feature. Read full story Date: 3 […]
Energy security remains robust despite risks
CHINA’s energy security is expected to remain fundamentally unaffected by the United States-Israel attack on Iran that has cast a shadow on maritime operations through the Strait of Hormuz, a […]
PETRONAS sees no disruption from mideast conflict for now
Malaysian energy giant Petroliam Nasional Bhd. said it is closely monitoring the conflict in the Middle East even though it has seen no direct impact on its operations so far. […]
RAM Ratings maintains Malaysia’s 2026 GDP growth at 4-5% amid resilient economy
KUALA LUMPUR: RAM Rating Services Bhd (RAM Ratings) has maintained Malaysia’s gross domestic product (GDP) growth projection at 4.0 per cent to 5.0 per cent for 2026, reflecting expectations of […]
FBM KLCI rebounds amid ongoing concerns over Middle East conflict
KUALA LUMPUR: The FBM KLCI outperformed most of the region’s stock benchmarks as it retraced the previous day’s losses on optimism that a global equities rally will survive the armed […]
Rivertree STF Synergies to explore development of 28,800-bed labour quarters
KUALA LUMPUR: Rivertree STF Synergies Bhd, formerly known as Sinmah Capital Bhd, said its wholly-owned subsidiary RSSB Builders Sdn Bhd has entered into a head of agreement to construct and […]
Cepatwawasan unit disposes of 40% stake in biomass power plant firm to ASX subsidiary
KUALA LUMPUR: Cepatwawasan Group Bhd’s wholly-owned subsidiary Cash Nexus (M) Sdn Bhd has inked a deal to dispose of a 40% stake in Cash Horse (M) Sdn Bhd, which operates […]
Airline stocks extend falls as fuel price uncertainty weighs
SYDNEY/HONG KONG: Asian airline shares extended losses on Tuesday as the U.S. and Israeli war against Iran escalated, with carriers closely monitoring fuel price spikes and many seeing a surge […]
Global oil, gas shipping costs surge as Iran vows to close Strait of Hormuz
SINGAPORE: Global oil and gas shipping rates soared, with supertanker costs in the Middle East hitting all-time highs, as the U.S.-Iran conflict intensified after Tehran targeted ships passing through the […]