Newsfeed – Business News
Global funds seek refuge in Australian bonds as AI boom wobbles
Investors are piling into Australian bonds as one of the world’s safest and highest-yielding sovereign debt markets offers shelter to those fleeing an artificial intelligence (AI) scare trade. Read full […]
KLK forecasts higher earnings through FY28
Earnings at Kuala Lumpur Kepong Bhd (KLK) for the first quarter of financial year 2026 (1Q26) were broadly in line with consensus estimates. Read full story Date: 27 February, 2026 […]
YTL 2Q earnings rise on multiple segments
YTL Corp Bhd reported higher quarter-on-quarter (q-o-q) earnings for the second quarter ended Dec 31 (2Q26), supported by improved contributions across most of its business segments, while revenue remained largely […]
Genting dynasty faces inheritance battle
More than RM1.6bil is at stake in a family dispute that has drawn fresh attention to one of Malaysia’s best-known business dynasties. Read full story Date: 27 February, 2026 5:00 […]
Affin Bank posts higher FY25 net profit of RM540mil
Affin Bank Bhd posted a net profit of RM540.19mil in the financial year ended Dec 31, 2025, as compared to RM509.7mil in the previous year on the back of a […]
Telekom Malaysia set to grow amid cost uptick
Telekom Malaysia Bhd’s (TM) revenue momentum remains intact, but rising operating costs, particularly manpower optimisation and network expenses, are expected to cap earnings expansion for the financial year 2026 (FY26). […]
IJM 3Q net profit at RM16mil
IJM Corp Bhd’s net profit tumbled by 86% year-on-year (y-o-y) for the third quarter ended Dec 31, 2025 (3Q26) due to lower earnings recorded by its property development and port […]
Duopharma to focus on enhancing operational efficiencies
PETALING JAYA: Duopharma Biotech Bhd will remain proactively focused on enhancing operational efficiencies, optimising cost management strategies, and disciplined execution of its strategic initiatives. Read full story Date: 26 February, […]
Sime Darby keeps vehicle prices unchanged despite stronger ringgit
KUALA LUMPUR: Sime Darby Bhd has no immediate plans to reduce vehicle prices despite the strengthening ringgit but is instead opting to manage margins while maintaining competitiveness, said its group […]
DRB-HICOM reports RM653.88mil pre-tax profit for FY25
PETALING JAYA: DRB-HICOM Bhd’s revenue for the financial year ended Dec 31, 2025 (FY2025) increased by 6.9% to RM17.31bil from RM16.19bil a year earlier, supported by improved performance across all […]