Newsfeed – Business News
Globaltec slides 27%, Bursa issues UMA query
KUALA LUMPUR: Bursa Malaysia Securities Bhd has issued an unusual market activity (UMA) query to Globaltec Formation Bhd following a recent sharp decline in its share price, coupled with increased […]
Eversendai’s FY25 net profit surges to RM110.41mil
KUALA LUMPUR: Eversendai Corporation Bhd’s net profit surged to RM110.41 million for the financial year ended Dec 31, 2025 (FY2025) from RM13.40 million in FY2024. Read full story Date: 25 February, […]
AmBank records improved 3Q of RM529.58mil
KUALA LUMPUR: AMMB Holdings Bhd (AmBank) posted an improved third quarter ended Dec 31, 2025, despite periods of external volatilities driven by global geopolitical uncertainties, said AmBank group CEO Jamie […]
HK housing market extends rally
HONG KONG’s property market maintained its upward momentum even during the Spring Festival holiday, traditionally a quiet period for transactions, as population inflows and a stronger stock market continued to […]
Nestle Malaysia records earnings jump in 4Q on strong demand
KUALA LUMPUR: Nestle Malaysia Bhd posted an improved set of results in the fourth quarter ended Dec 31, 2025, on the back of double-digit growth in its domestic and export […]
Public Bank records FY25 net profit of RM7.22bil, declares 12c interim div
KUALA LUMPUR: The outlook for the banking sector remains positive, “supported by ample liquidity and healthy capital buffers”, while growth prospects remained intact, said Public Bank Bhd managing director and […]
Alliance Bank posts record quarterly net profit of RM215.22mil in 3Q
KUALA LUMPUR: Alliance Bank Malaysia Bhd registered its highest quarterly net profit of RM215.22mil in the third quarter ended Dec 31, 2025, a 15.3% year-on-year (y-o-y) jump over the same […]
Australia’s core inflation hits 16-month high, raises bets for May rate hike
SYDNEY: Australian consumer prices rose by more than expected in January, while core inflation hit the highest in over a year, an uncomfortable outcome for policymakers that raises the risk […]
Oil prices hover near seven-month highs ahead of US-Iran talks
TOKYO: Oil prices were hovering near seven-month highs on Wednesday as the threat of military conflict between the U.S. and Iran that could disrupt supply continues to worry investors even […]
Asia markets rise on better AI sentiment, Trump speech awaited
SYDNEY: Asia’s financial markets were higher on Wednesday with Korean chipmakers leading gains, as investors double down on what they see as the safest bet on artificial intelligence (AI), while […]