Newsfeed – Business News
Oil prices rise 3% as Iran crisis disrupts Middle East supply
OIL prices rose 3% on Wednesday as the U.S.-Israeli war on Iran disrupted Middle East supplies, but the pace of gains slowed from past sessions after President Donald Trump suggested […]
Malaysia palm oil output set for steep drop after Sabah floods
MALAYSIA’s palm oil production is set for the steepest monthly decline in more than a year after floods across its major growing state, trimming inventories and likely underpinning higher prices. […]
OGX Group IPO oversubscribed 10.11 times ahead of listing
KUALA LUMPUR: OGX Group Bhd’s initial public offering (IPO) ahead of its ACE Market listing on March 12, 2026, has been oversubscribed by 10.11 times. Read full story Date: 4 […]
Farm Fresh’s farm director dies in Philippines helicopter crash
KUALA LUMPUR: Farm Fresh Bhd announced that its farm director, Jacob Mathan, was the Malaysian killed in a helicopter crash in Pililla, Rizal province, the Philippines, yesterday. Read full story […]
Gold climbs over 1% as widening Middle East war fuels safe‑haven demand
GOLD prices rose over 1% on Wednesday, rebounding from a more than one-week low hit in the previous session, as a widening Middle East conflict sent global markets tumbling and […]
Record selloff in Seoul leads stock rout as markets brace for energy shock
SINGAPORE: Asian stocks tanked on Wednesday,with a record-breaking market crash in Seoul, as investors dumped crowded bets on chipmakers on worries a widening Middle East war will drive an oil […]
Indonesia media report Fitch cuts country’s rating outlook to negative
JAKARTA: Multiple Indonesian local media reported on Wednesday that Fitch Ratings has downgraded Indonesia’s sovereign credit rating outlook to negative from stable. Read full story Date: 4 March, 2026 3:00 […]
China’s non-manufacturing PMI at 49.5 in February
BEIJING: The purchasing managers’ index (PMI) for China’s non-manufacturing sector came in at 49.5 in February, up 0.1 percentage points from the previous month, official data showed Wednesday. Read full […]
Meta Bright sub-unit secures RM15.51mil supply contract from China’s CCCC
KUALA LUMPUR: Meta Bright Group Bhd said Jesselton Concrete Sdn Bhd, a unit of its 70%-owned subsidiary Expogaya Sdn Bhd, has secured a material supply contract valued at about RM15.51mil. […]
ZTE, SACOFA ink MoU to boost Sarawak’s digital infrastructure
KUCHING: ZTE Corporation has signed a strategic memorandum of understanding (MOU) with SACOFA Sdn Bhd to advance Sarawak’s digital infrastructure and support the state government’s PCDS 2030 and Digital Economy […]