Newsfeed – Business News
Oil spikes as widening crisis disrupts flows through Hormuz
LONDON: Oil surged by the most in four years, as the US-Israeli war against Iran plunged the global crude market into turmoil, with the effective closure of the critical Strait […]
Improved balance sheet, net gearing propel Bumi Armada
PETALING JAYA: Offshore energy facilities and services provider Bumi Armada Bhd’s improving balance sheet and lower net gearing provides the company the buffer to bid for floating production, storage and […]
Magellan to buy Barrenjoey in US$1.1bil deal for bank
SYDNEY: Magellan Financial Group Ltd agreed to buy Barrenjoey Capital Partners in a deal that values the upstart Australian investment bank at about A$1.62bil (US$1.1bil). Read full story Date: 3 […]
UMS Integration to acquire remaining 30% stake in Starke Singapore for S$8.2mil
PETALING JAYA: UMS Integration Ltd is proposing to acquire the remaining 30% in Starke Singapore Pte Ltd from Luah Kian Tiong and Yue Chee San for S$8.2mil (RM25mil). Read full […]
Ringgit eases as prevailing risk-off sentiment weighs on local currency
KUALA LUMPUR: The ringgit closed lower against the US dollar on Monday, as prevailing risk-off sentiment weighed on the local currency amid heightened uncertainty over the conflict in the Middle East. […]
Malaysia Airlines flight services to London, Paris operate as scheduled
KUALA LUMPUR: Malaysia Airlines confirms that all services to and from London and Paris continue to operate as scheduled. Read full story Date: 2 March, 2026 8:00 pm Source: thestar.com.my
Top Glove’s MD retires, appoints new joint MDs
PETALING JAYA: Top Glove Corp Bhd has announced that its managing director, Lim Cheong Guan, will be retiring on March 31, 2026, after 20 years. Read full story Date: 2 […]
MISC to charter two more LNG carriers for PETRONAS LNG
PETALING JAYA: MISC Bhd will be chartering two additional liquefied natural gas (LNG) carriers for PETRONAS LNG Ltd under a charter contract that was secured last month. Read full story […]
TDM gets RM7.65mil oil palm field rehabilitation pilot job
PETALING JAYA: TDM Bhd’s unit TDM Plantation Sdn Bhd has appointed Terengganu Dredging Sdn Bhd as its contractor for the oil palm field rehabilitation pilot project at Kemaman. Read full […]
Dayang wins work boat contract from PETRONAS Carigali
PETALING JAYA: Dayang Enterprise Holdings Bhd has been awarded the work order for the provision of an accommodation work boat from PETRONAS Carigali Sdn Bhd. Read full story Date: 2 […]