Newsfeed – Business News
O&G-related stocks rise as Iran signals Hormuz will remain closed
KUALA LUMPUR: Oil and gas-related stocks opened higher after Iran’s new supreme leader indicated the Strait of Hormuz would stay closed. Read full story Date: 13 March, 2026 1:00 pm […]
IJM board recommends shareholders reject Sunway’s ‘not fair and not reasonable’ offer
KUALA LUMPUR: The board of directors of IJM Corp Bhd recommends that shareholders reject the takeover offer by Sunway Bhd, as it unanimously concurs with independent advisor M&A Securities that […]
Asian stocks slide as Iran war keeps oil near US$100, dents rate-cut bets
SINGAPORE: Asian stocks slumped on Friday, poised for a second straight weekly decline as fast-dwindling hopes of a resolution to the U.S. and Israel’s war with Iran kept oil prices […]
Bursa Malaysia declines as energy crisis continues
KUALA LUMPUR: It is set to be another negative day on Bursa Malaysia with few positives to alleviate investor anxiety over the Iran war. Read full story Date: 13 March, […]
Ringgit opens easier against US$, firmer against majors
KUALA LUMPUR: The ringgit opened higher against a basket of major currencies but weakened against the US dollar on Friday, as escalating tensions in West Asia dampened risk appetite, an […]
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KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia. Read full story Date: 13 March, 2026 9:00 am Source: thestar.com.my
Morgan Stanley limits private credit redemptions
Wall Street banking giant Morgan Stanley has limited redemptions at one of its private credit funds after investors sought to withdraw almost 11% of shares outstanding, a regulatory filing shows. […]
Billions in IPOs yet SPACs take few firms public
After a flurry of initial public offerings (IPOs) that raised US$11.7bil this year, a new crop of blank-cheque firms are joining a long queue: all the other vehicles waiting for […]
LG Energy, Samsung SDI flex patent muscle
South Korea’s two leading battery makers – LG Energy Solution and Samsung SDI – highlighted their patent strength at InterBattery 2026, signalling an intensifying race to secure next-generation battery technologies […]
OJK projects MSME loans to expand 9%
The Financial Services Authority (OJK) has projected micro, small and medium enterprise (MSME) credit to grow between 7% and 9% year-on-year this year, following a moderation at the start of […]