Newsfeed – Business News
US stocks, dollar slide; Trump’s attacks on Fed chair fuel anxiety
NEW YORK: Major U.S. stock indexes dropped and the dollar index slid to a three-year low on Monday as U.S. President Donald Trump’s continued attacks on the Federal Reserve chair […]
Ringgit hits near six-month high against dollar
KUALA LUMPUR: The ringgit jumped to its highest level in almost six months against the US dollar at the close on Monday, touching the 4.36-level amid concerns over ongoing tariff […]
Ho Hup falls into PN17 status; shares tumble nearly 26%
KUALA LUMPUR: Ho Hup Construction Company Bhd has triggered the criteria pursuant to Practise Note 17 (PN17) of the Main Market listing requirements of Bursa Malaysia. Read full story Date: […]
MPOB: Malaysia urged to diversify palm oil markets amid US tariffs
KUALA LUMPUR: Malaysia must diversify its palm oil markets to reduce dependency on any single export destination for the commodity, in light of the tariff challenges posed by the United States (US). […]
West Coast Expressway gets green light to accept RM1.15bil loan facility
KUALA LUMPUR: WCE Holdings Bhd’s 80 per cent-owned subsidiary West Coast Expressway Sdn Bhd (WCE) has received the Malaysian government’s approval to accept a term loan facility of up to RM1.15 billion from […]
KIP REIT records higher earnings for 3Q25
PETALING JAYA: KIP Real Estate Investment Trust (KIP REIT) recorded a 35.1% year-on-year (y-o-y) increase in its net property income to RM13.8mil for the third quarter ended March 31, 2025 […]
Ringgit soars to nearly six-month high due to weak sentiments over US assets
KUALA LUMPUR: The ringgit jumped to its highest level in almost six months, against the US dollar at the close on Monday, touching the 4.36-level amid concerns over ongoing tariff tension. […]
Taobao Malaysia to launch Bahasa Melayu interface in June
KUALA LUMPUR: E-commerce platform Taobao Malaysia plans to roll out a Bahasa Malaysia interface by June 2025. Read full story Date: 21 April, 2025 9:01 pm Source: thestar.com.my
FBM KLCI ends flat just below 1,500; ringgit hits 12-week high against US dollar
KUALA LUMPUR: The FBM KLCI closed flat on Monday amid cautious sentiment and external uncertainties, while the ringgit strengthened to its highest level in about 12 weeks against the US […]
Emerging Asian currencies strengthen as Trump questions Fed
Read full story Date: 21 April, 2025 6:01 pm Source: thestar.com.my