Newsfeed – Business News
MTT Shipping and Logistics targets RM652.5mil IPO to fund fleet expansion
KUALA LUMPUR: Main Market-bound MTT Shipping and Logistics Bhd (MTTSL) aims to raise RM652.51mil from its initial public offering (IPO), with a greenshoe option of about 95 million shares which […]
Trump’s tariffs had little impact on GDP in 2025, but raised revenue, academic paper finds
WASHINGTON: U.S. President Donald Trump’s barrage of tariffs last year had only a minimal impact on U.S. economic output but raised significant federal revenue and contributed to a further U.S.-China […]
Oil prices climb as investors reassess Middle East ceasefire prospects
TOKYO: Oil prices climbed on Thursday, recovering some of the previous day’s losses as investors reexamined prospects for de-escalation in the Middle East as Iran said it was still reviewing […]
Kenanga sees value in Astro, TA Securities issues sell call
KUALA LUMPUR: Astro Malaysia Holdings Bhd’s full-year results for the financial year ended Jan 31, 2026 (FY26) came largely in line with Kenanga Research’s expectations and exceeded consensus estimates. Read […]
Lynas to develop rare earths metal production plant in Vietnam
Lynas Rare Earths Ltd. will join forces with South Korea’s LS Cable & System Ltd. to explore development of a rare earths metals production plant in Vietnam. Read full story […]
Ringgit opens higher versus greenback for third consecutive day
KUALA LUMPUR: The ringgit extended its upward momentum, opening higher against the US dollar for a third consecutive day on Thursday, as market sentiment continued to hinge on prospects of […]
FBM KLCI sees choppy trading in early session
KUALA LUMPUR: The local bourse saw choppy trading in early trade, with investors treading cautiously amid mixed cues from both regional and global markets Read full story Date: 26 March, […]
Indonesian public transport passenger numbers rise
The Transportation Ministry has reported that cumulative public transport passengers reached 10.8 million between March 13 and 21, up 8.58% from 10.03 million passengers in last year’s same holiday period. […]
Merdeka Gold turns to Hong Kong market
Local miner PT Merdeka Gold Resources has filed for an initial public offering (IPO) on the Hong Kong Stock Exchange, paving the way for a dual listing after having been […]
Hudong-Zhonghua sees high-end shipbuilding as growth anchor
Shanghai-based Hudong-Zhonghua Shipbuilding (Group) Co Ltd, boasting the highest liquefied natural gas (LNG) carrier orders in terms of capacity among global shipyards, seeks to further consolidate its position through doubling […]