Newsfeed – Business News
Alliance Bank maintains growth trajectory in 1QFY26
KUALA LUMPUR: Alliance Bank Malaysia Bhd’s strong first-quarter results were driven by a significant increase in non-interest income as well as growth in interest income as loans momentum continued to […]
Hong Leong Bank ends FY25 with higher net profit of RM4.27bil, declares 68c div/share
KUALA LUMPUR: Hong Leong Bank Bhd wrapped a strong financial year, underpinned by net interest income growth and a wider net interest margin (NIM), as well as a surge in […]
Oil steady as investors eye Ukraine war, US tariffs on India
NEW DELHI: Oil prices steadied on Wednesday, after falling in the previous session, as the market watched for fresh developments in the Ukraine war and investors weighed hefty new U.S. […]
Australia’s inflation tops forecasts as electricity prices surge
SYDNEY: Australian consumer prices jumped by far more than forecast in July as electricity costs spiked due to the timing of government rebates, while core inflation also jumped in a […]
MDV approves RM122.65mil under national energy transition facility
KUALA LUMPUR: Malaysia Debt Ventures Bhd (MDV) has approved RM122.65 million in financing for six technology-based companies that are undertaking energy transition projects under the National Energy Transition Facility (NETF). […]
Asia stocks steady ahead of Nvidia; investors wary over Fed independence
SINGAPORE: Asian stocks were steady on Wednesday ahead of an earnings report from AI leader Nvidia that will shape near-term risk sentiment, while the U.S. dollar was frail as investors […]
FBM KLCI fails to rebound as previous day’s decline sparks caution
KUALA LUMPUR: The strong selling momentum on the FBM KLCI yesterday put investors on a cautious footing, which could prevent a quick rebound on the market. Read full story Date: […]
Ringgit opens higher on US rate cut expectations
KUALA LUMPUR: The ringgit opened higher against the US dollar and most major currencies on Wednesday, lifted by growing expectations of a US interest rate cut amid weakening consumer confidence […]
Oil falls 2% as investors weigh tariffs, Russian supply
Oil prices fell 2% on Tuesday, erasing gains from the previous session, as investors watched developments around US tariffs, the war in Ukraine and the potential disruption of Russian fuel supplies. […]
S&P 500 ends higher after Trump attacks Fed
The S&P 500 ended higher on Tuesday, lifted by Nvidia and Eli Lilly, while US President Donald Trump’s decision to fire a central bank governor deepened concerns about the Federal Reserve’s […]