Newsfeed – Business News
Impairment drags DNeX further into the red in 2025
KUALA LUMPUR: Technology firm Dagang Nexchange Bhd (DNeX) recorded a wider net loss of RM317.99 million for 2025 compared with a net loss of RM50.36 million previously amid combined impairment worth […]
Berjaya Corp narrows 2Q net loss, cautiously optimistic on FY26 outlook
KUALA LUMPUR: Berjaya Corp Bhd (BCorp) is cautiously optimistic that its business performance will remain satisfactory for the remaining quarters of the financial year ending June 30, 2026. Read full […]
PETRONAS to increase international upstream activity by 60% in 10 years, says COO
KUALA LUMPUR: Petroliam Nasional Bhd (PETRONAS) will increase its upstream activities internationally by 60 per cent in the next 10 years, as the group maintained a robust expenditure outlook despite shifting […]
Tropicana sees steady 2026 demand
PETALING JAYA: Tropicana Corp Bhd stated demand for properties in prime locations in its established, mature and developing townships will persist in 2026 backed by attractive pricing and various promotional […]
MRCB posts RM47.3mil FY25 net profit, declares 1 sen dividend
PETALING JAYA: Malaysian Resources Corp Bhd’s (MRCB) net profit for the financial year ended Dec 31, 2025 (FY25) declined to RM47.32mil from RM63.67mil in the previous year. Read full story […]
S P Setia beats FY25 sales target at RM5.11bil
KUALA LUMPUR: S P Setia Bhd closed the financial year ended Dec 31, 2025 (FY25) with group sales of RM5.11bil, exceeding its full-year target of RM4.8bil. Read full story Date: […]
PETRONAS posts lower net profit of RM45.4bil in FY25
KUALA LUMPUR: Petroliam Nasional Bhd (PETRONAS) saw its profit after tax decline 18% to RM45.39bil for the financial year ended Dec 31, 2025 (FY25), from RM55.09bil in FY24, no thanks […]
FBM KLCI drops 1.4% in biggest slide since Jan 29
KUALA LUMPUR: Bursa Malaysia extended its slide to a fourth consecutive session on Friday as persistent selling and cautious sentiment dampened investor appetite. Read full story Date: 27 February, 2026 […]
Gold broadly steady as fall in Treasury yields balances tempered safe-haven bids
GOLD was broadly steady on Friday as a drop in U.S. Treasury yields eased the opportunity cost of holding bullion, while muted safe-haven demand kept prices in check as investors […]
China encourages dollar buying to slow surging yuan
BEIJING/SHANGHAI: China’s central bank moved to rein in the fast-rising yuan on Friday, scrapping risk reserves requirements for forex forward contracts in a move that would encourage dollar buying as […]