Newsfeed – Business News
Kimlun issues RM10.81mil Islamic commercial papers
KUALA LUMPUR: Kimlun Corporation Bhd has successfully issued Islamic commercial papers (ICP) with a nominal value of RM10.81 million pursuant to its ICP programme. Read full story Date: 22 January, […]
FBM KLCI climbs amid firmer regional markets, stronger ringgit
KUALA LUMPUR: The FBM KLCI ended higher on Thursday amid firmer regional markets, as the ringgit strengthened following Bank Negara’s decision to keep the Overnight Policy Rate (OPR) unchanged at […]
Cabnet secures RM14.8mil electrical contracts Johor Baru
KUALA LUMPUR: Cabnet Holdings Bhd’s wholly-owned subsidiary, Cabnet M&E Sdn Bhd, has secured contracts worth RM14.8mil from Haily Construction Sdn Bhd for electrical system works on projects in Johor Bahru. […]
AirAsia X targets up to US$600mil debt restructuring after combining airlines
KUALA LUMPUR: Malaysia’s AirAsia X targets US$500mil to US$600mil in debt restructuring after the budget airline this week bought the short-haul aviation business of Capital A, Deputy Group CEO Farouk […]
Oil slips as investors assess supply outlook, US stock build
BEIJING/SINGAPORE: Oil prices slipped on Thursday after gaining in previous sessions, as investors assessed the supply and demand outlook, while a report showing a rise in U.S. crude and gasoline stocks […]
Gold steadies as Fed independence concerns offset easing geopolitical woes
Gold steadied on Thursday after a more than 1% fall earlier in the session, with concerns over the U.S. Federal Reserve’s independence countering easing geopolitical risks after President Donald Trump […]
Bank Negara’s international reserves climb slightly to US$125.6bil
KUALA LUMPUR: Bank Negara’s international reserves rose to US$125.6 bil as at Jan 15, 2026, from US$125.5 bil as at Dec 31, 2025. Read full story Date: 22 January, 2026 […]
Societe Generale to cut 1,800 jobs in France
Societe Generale said on Thursday it would cut 1,800 positions in its French retail banking branch and potentially beyond. Read full story Date: 22 January, 2026 4:00 pm Source: thestar.com.my
Telenor sells its stake in Thailand’s True Corporation for US$3.9bil
OSLO: Norway’s Telenor said on Thursday it had agreed to sell its 30.3% stake in Thailand’s True Corporation for 39 billion Norwegian crowns ($3.92 billion), the company’s second divestment from […]
Bank Negara leaves OPR steady at 2.75%, as widely expected
KUALA LUMPUR: Bank Negara has kept the Overnight Policy Rate (OPR) unchanged at 2.75%, the level it was reduced to in July 2025, in line with market expectations. Read full […]