Newsfeed – Business News
Broad-based selling drags FBM KLCI below 1,700 for third straight day
KUALA LUMPUR: Bursa Malaysia retreated for a third straight session on Tuesday, with the benchmark index closing below the 1,700 level as broad-based selling weighed on the market. Read full […]
One Gasmaster IPO oversubscribed 25.24 times ahead of ACE Market debut
KUALA LUMPUR: One Gasmaster Holdings Bhd’s initial public offering (IPO) has been oversubscribed by 25.24 times, ahead of its listing on the ACE Market of Bursa Malaysia Securities Berhad. Read […]
Ancom Nylex reports higher 2Q net profit
PETALING JAYA: Ancom Nylex Bhd’s net profit for its second quarter ended Nov 30, 2025, rose to RM18.03mil from RM15.16mil in the previous corresponding period, while revenue dipped to RM428.82mil […]
Dollar extends losses as geopolitics revive ‘Sell America’ trade
SINGAPORE: The dollar retreated for a second day in Asian trading on Tuesday after threats from the White House towards the European Union over the future of Greenland triggered a […]
Oil prices waver while investors eye Greenland developments
SINGAPORE: Oil lacked clear direction on Tuesday as markets monitored President Donald Trump’s threats of higher U.S. tariffs on European nations over his desire to buy Greenland, while a weaker […]
EcoFirst appoints two new independent non-executive directors
KUALA LUMPUR: EcoFirst Consolidated Bhd has appointed Yip Kit Weng and Lee King Loon as independent non-executive directors, effective Jan 19, 2026. Read full story Date: 20 January, 2026 5:00 […]
Gold scales new high past US$4,700/oz as Trump threats fuel safe-haven demand
GOLD jumped past $4,700 per ounce for the first time on Tuesday, while silver traded near a record high, as U.S. President Donald Trump’s threats to slap extra tariffs on […]
Asian bonds draw strong foreign inflows in December
ASIAN bonds saw robust inflows in December, driven by an improving growth outlook in the region and diversification by foreign investors away from richly valued equities. Read full story Date: […]
Standard Chartered sees Malaysia’s 2026 GDP growth at 4.5%
KUALA LUMPUR: Standard Chartered Global Research expects Malaysia’s economy to stay resilient in 2026, with gross domestic product (GDP) growth of 4.5% at the upper end of the government’s target […]
Indonesia to ensure c.bank independence, rupiah to rebound, finance minister says
JAKARTA: Indonesia’s finance minister said on Tuesday that the government would ensure the central bank’s independence and not use its funds to pay for its policy programmes, noting that the […]