Newsfeed – Business News
Gamuda profit rises 5% in 2Q, backed by construction projects
PETALING JAYA: Gamuda Bhd’s earnings grew by 5% year-on-year (y-o-y) to RM229.5mil in the second quarter ended Jan 31, 2026, helped by contribution from its domestic construction projects. Read full […]
Master Tec unit secures RM10.5mil transmission subcontract
PETALING JAYA: Master Tec Group Bhd’s (MTG) subsidiary Sediacom Sdn Bhd has accepted a contract from an undisclosed company to undertake sub-contract works worth RM10.5mil. Read full story Date: 6 […]
SME Bank names Zulkiflee Hashim as chairman
KUALA LUMPUR: Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank), a subsidiary of Bank Pembangunan Malaysia Bhd, has appointed Zulkiflee Hashim as its chairman, effective March 6, 2026. Read […]
CelcomDigi, Maxis pay RM327.9mil each to acquire stake in DNB
KUALA LUMPUR: CelcomDigi Bhd and Maxis Bhd have made payments to acquire portions of Minister of Finance (Incorporated)’s stake and shareholder advances in Digital Nasional Bhd (DNB) under a shareholders […]
China’s central bank vows flexible, efficient cuts in reserve ratio, rates in 2026
BEIJING: China will flexibly and efficiently use monetary policy tools such as cuts to the reserve requirement ratio (RRR) and interest rates this year, and curb “involution-style” competition in some […]
FBM KLCI edges higher for second session amid cautious broader market
KUALA LUMPUR: The FBM KLCI extended gains for a second straight session on Friday, tracking firmer regional markets, although broader market sentiment remained cautious. Read full story Date: 6 March, […]
Maersk suspends two shipping services due to Middle East crisis
COPENHAGEN: Maersk, one of the world’s biggest container shipping groups, said on Friday it has temporarily suspended two services linking the Middle East to Asia and Europe as the Iran […]
Oil set for steepest weekly gain since Russia’s 2022 invasion of Ukraine
SINGAPORE: Crude oil headed for the sharpest weekly gain since Russia launched its full-scale invasion of Ukraine in February 2022, even as prices eased slightly on Friday after Washington issued […]
CK Hutchison steps up legal push as Panama moves to seize ports
HONG KONG conglomerate CK Hutchison said on Friday it has escalated its legal fight in Panama after the government seized its port operations, petitioning for a review of the decree […]
Gold rises as Middle East conflict spurs safe-haven demand
GOLD prices rose on Friday, rebounding from a more than 1% drop in the previous session, as investors bought safe-haven bullion on heightened uncertainty over a widening Middle East conflict. […]