Newsfeed – Business News
Main Market-bound Reach Ten’s IPO oversubscribed by 1.85 times
KUALA LUMPUR: The public portion of Sarawak-based telecommunications company Reach Ten Holdings Bhd’s initial public offering (IPO) has been oversubscribed by 1.85 times, ahead of its scheduled listing on the […]
FBM KLCI pressured as flight from US assets unsettle markets
KUALA LUMPUR: The losses in Malaysia’s benchmark index widened over the early session, erasing nearly all the gains it made in last Friday’s session. Read full story Date: 22 April, […]
Bank Muamalat becomes first ASNB agent to offer ASNB wakaf services
KUALA LUMPUR: Bank Muamalat Malaysia Bhd has become the first Amanah Saham Nasional Berhad (ASNB) agent to serve as a distribution channel for ASNB Wakaf services. Read full story Date: […]
Automotive sector TIV rises 12% to 72,704 units in March 2025
KUALA LUMPUR: The Malaysian Automotive Association (MAA) reported that the automotive sector’s total industry volume (TIV) rose by 12 per cent month-on-month in March 2025 to 72,704 units compared to […]
Australia, New Zealand dollars near 2025 highs as US asset sales gather pace
SYDNEY: The Australian and New Zealand dollars hovered near 2025 highs on Tuesday, having cracked major resistance as U.S. President Donald Trump’s tirade against the Federal Reserve further undermined investor […]
Asia fights drag from Wall St as US assets buckle
SYDNEY: Asian stock markets fought to hold their footing on Tuesday after a furious flight from U.S. assets undermined Wall Street and the dollar, while concerns about the independence of […]
Malaysian equities fall on Wall Street’s lead as Trump threatens Fed
KUALA LUMPUR: Selling resumed on Bursa Malaysia following the sharp retreat on Wall Street as US President Donald Trump intensified his attacks on the Federal Reserve, threatening to undermine the […]
Ringgit opens higher, traders eye key RM4.36 support
KUALA LUMPUR: The ringgit extended its gains against the US dollar at the opening on Tuesday, with the local note poised to test its immediate support level at RM4.36. Read […]
Trading ideas: CIMB, PMM, Astino, Cahya Mata, WCE, Salcon, GDB, Ho Hup, MMHE, HHRG, Paradigm-REIT, KIP-REIT
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia. Read full story Date: 22 April, 2025 9:01 am Source: thestar.com.my
US finalises tariffs on Southeast Asian solar imports
U.S. trade officials finalized steep tariff levels on most solar cells from Southeast Asia, a key step toward wrapping up a year-old trade case in which American manufacturers accused Chinese […]