Newsfeed – Business News
Hibiscus Petroleum builds momentum heading into 2H26 after strong quarter
PETALING JAYA: Hibiscus Petroleum Bhd noted higher sales and production volumes, as well as operational efficiency helped offset lower average realised oil, condensate and gas prices in its second quarter […]
Sunway sees IJM Corp takeover as an attractive investment
SUBANG JAYA: Sunway Group Bhd views IJM Corporation Bhd (IJM Corp) an attractive investment opportunity, which led them to make an offer to take over the company, said Its founder and […]
Asian markets edge higher as tech rally offsets US tariff uncertainty
Most Asian currencies and equities edged higher on Thursday, led by the South Korean won and Seoul stocks, as a softer dollar and buoyant tech sentiment offset lingering uncertainty over […]
CIMB’s FY25 earnings rise to RM7.86bil, declares 20.35c div/share
KUALA LUMPUR: CIMB Group Holdings Bhd delivered an improved set of results in 2025, which marked the first year of its Forward30 (F30) strategy, amid regional and global headwinds. Read […]
China, US maintain dialogue ahead of trade talks
CHINA is maintaining continuous communication with the United States ahead of the sixth round of trade talks that is expected to convene soon, the Ministry of Commerce said at a […]
MBM Resources records stronger bottomline of RM339.06mil in FY25
KUALA LUMPUR: MBM Resources Bhd closed the year with improved earnings of RM339.06mil, as compared to RM333.39mil in the previous year, mainly owing to higher contributions from associates and a […]
Bank Islam’s net profit down to RM557.24mil in FY25
KUALA LUMPUR: Bank Islam Malaysia Bhd’s net profit reduced to RM557.24 million for the financial year ended Dec 31, 2025 (FY2025), from RM571.08 million in FY2024. Read full story Date: […]
Hong Leong Bank records higher net profit of RM1.17bil in 2Q
KUALA LUMPUR: Hong Leong Bank Bhd posted a resilient first half with a slight increase in its bottomline on the back of robust loans growth and expansion in non-interest income. […]
RHB Bank grows net profit to RM905.71mil in 4Q
KUALA LUMPUR: RHB Bank Bhd wrapped FY25 with a 7.8% earnings expansion over the year, on the back of higher total income, disciplined cost management and improved credit quality. Read […]
Malaysia’s total trade hits RM272.4bil in Jan 2026, exports led by Penang
KUALA LUMPUR: Malaysia’s total trade in January 2026 reached RM272.4 billion, with exports and imports recorded at RM146.9 billion and RM125.5 billion, respectively, according to the Department of Statistics Malaysia […]