Newsfeed – Business News
Shein to strengthen supply chain with major investment in Guangdong
CROSS-border e-commerce platform Shein pledged on Tuesday to invest more than 10 billion yuan ($1.46 billion) over the next three years to strengthen its supply chain in Guangdong province, a […]
Maybank’s net profit rises to RM10.51bil in FY25, declares 33c div/share
KUALA LUMPUR: Malayan Banking Bhd (Maybank) charted 4.2% year-on-year (y-o-y) net profit growth to RM10.51bil in the financial year ended Dec 31, 2025, on the back of steady income growth […]
Sime Darby records net profit jump to RM431mil in 2Q
KUALA LUMPUR: Sime Darby Bhd posted an earnings jump in the second quarter of its financial year ended Dec 31, 2025 (2QFY25), on the back of a record pre-tax profit […]
Malaysia’s PPI decreases 2.9% in Jan 2026
KUALA LUMPUR: Malaysia’s Producer Price Index (PPI) dropped 2.9 per cent in January 2026, after recording a 2.7 per cent decrease in the previous month, according to the Department of […]
HSBC kicks off Singapore insurance business sale, eyes over US$1 bil value, sources say
HONG KONG: HSBC has started the sale process for its Singapore life insurance product manufacturing business with the hiring of an adviser, and is hoping for the deal to be […]
Financial planning firm Whitman makes its debut on LEAP Market
KUALA LUMPUR: Financial planning and retirement advisory firm Whitman Holdings Bhd debuted on the LEAP Market of Bursa Malaysia Securities Bhd today, with the company saying it intends to play […]
Affin Bank posts higher FY25 net profit of RM540.19mil
KUALA LUMPUR: Affin Bank Bhd posted a net profit of RM540.19mil in the financial year ended Dec 31, 2025, as compared to RM509.7mil in the previous year on the back […]
CIMB partners Ant International to explore cross-border payments, liquidity management solutions
KUALA LUMPUR: CIMB Group Holdings Bhd and Ant International have agreed to jointly explore innovations in cross-border payments and treasury and liquidity management solutions for businesses in Malaysia. Read full […]
Asia shares rise in relief rally as Nvidia beats the street
SINGAPORE: Asian stocks advanced on Thursday after upbeat earnings from Nvidia soothed concerns over AI-driven disruption and rising costs, while the yen was in the doldrums, bogged down by a […]
Australian shares cross 9,200 level as miners, healthcare rally
AUSTRALIAN shares crossed the 9,200 level for the first time on Thursday, lifted by strong gains in miners and healthcare stocks, as investors focused on upbeat corporate earnings rather than […]