Newsfeed – Business News
Lianson Fleet unit completes disposal of vessel for RM40.65mil
KUALA LUMPUR: Lianson Fleet Group Bhd said its indirect wholly-owned subsidiary, Icon Piai 1 (L) Inc, has completed the disposal of the Yinson Hermes, an offshore tug and supply ship, […]
Singapore will measure GIC, Temasek performance against mandates, not other funds, minister says
SINGAPORE: Singapore’s government will assess the performance of state investors GIC and Temasek against their mandates and risk profiles and will not compare them with other funds, a minister said […]
Oil edge up as Iran supply risk counters Venezuela export resumption
SINGAPORE: Oil prices edged higher on Monday as escalating protests in Iran sparked concerns about supplies from the OPEC producer, while efforts to resume oil exports from Venezuela and expectations […]
Building costs rise in Dec 2025 on higher cement, sand – DoSM
KUALA LUMPUR: Building costs rose in December 2025, driven by higher cement and sand prices, data from the Department of Statistics Malaysia (DoSM) showed. Read full story Date: 12 January, […]
Dollar reels on criminal probe into Powell, gold hits record high
SINGAPORE: The U.S. dollar fell by the most in three weeks on Monday as U.S. prosecutors opened a criminal investigation into Federal Reserve Chair Jerome Powell, adding to tensions with […]
Stocks wobble, dollar tips as Trump-Fed feud deepens
SINGAPORE: The dollar fell and U.S. equity futures slid after Federal Reserve Chair Jerome Powell said the Trump administration threatened him with a criminal indictment, stoking investor worries about the […]
Matrix Concepts completes fourth round of food aid programme
KUALA LUMPUR: Matrix Concepts Holdings Bhd, in collaboration with Mawar Medical Centre and Kechara Soup Kitchen (KSK), has carried out the fourth round of its food aid distribution programme at […]
AIBIM appoints Rafe Haneef as president
KUALA LUMPUR: Association of Islamic Banking and Financial Institutions Malaysia (AIBIM) has appointed MBSB Bank Bhd’s group chief executive officer Rafe Haneef as president effective Jan 1, 2026. Read full […]
Foreign investors turn net buyers with RM42.5mil equities inflow last week
KUALA LUMPUR: Foreign investors turned net buyers of Bursa Malaysia equities last week, snapping a four-week selling streak, with net inflows of RM42.5 million. Read full story Date: 12 January, […]
Ringgit opens marginally lower as US policy repricing lifts DXY
KUALA LUMPUR: The ringgit opened marginally lower on Monday versus the greenback, pressured by a firmer US Dollar Index (DXY) as markets repriced United States monetary policy following softer jobs […]