Newsfeed – Business News
FBM KLCI hits 16-month peak, ringgit at five-year high
KUALA LUMPUR: The FBM KLCI closed at its intraday high in late trade to hit a 16-month peak, while the ringgit hovered near a five-year high, providing additional support to […]
Bursa Malaysia to close for Christmas and New Year holidays
KUALA LUMPUR: Bursa Malaysia and its subsidiaries will be closed on Dec 25, 2025 in conjunction with Christmas Day, and will resume operations on Dec 26. Read full story Date: […]
Nestle’s stake in L’Oreal is a financial investment, Nestle CEO says
ZURICH: Nestle views its stake in L’Oreal as a financial investment, and while it is regularly reviewed, there is nothing new to report on the matter, Nestle CEO Philipp Navratil […]
ACE Market-bound SBS Nexus to raise RM30.63mil from IPO
KUALA LUMPUR: Branding and marketing solutions specialist company SBS Nexus Bhd aims to raise RM30.63 million from its initial public offering (IPO) ahead of its listing on Bursa Malaysia’s ACE […]
Stocks, precious metals rise; yen on intervention watch
SINGAPORE: Asia shares rose alongside precious metals on Tuesday as momentum buying from investors extended ahead of the festive holidays, with an advanced reading on U.S. GDP expected later in […]
Amova AM to raise stake in AHAM Asset Management to 97.7%
KUALA LUMPUR: Amova Asset Management Co Ltd (Amova AM) has entered into a conditional share purchase agreement to raise its stake in AHAM Asset Management Bhd (AHAM Capital) to 97.7% […]
Thailand’s baht, Malaysian ringgit hit multi-year highs; Singapore stocks at fresh peak
THE Malaysian ringgit and Thailand’s baht climbed to multi-year peaks against a frail U.S. dollar on Tuesday, leading gains in emerging Asian currencies, while financials helped Singapore stocks notch an […]
Six enterprises face possible penalties for alleged bid-rigging cartel
PETALING JAYA: The Malaysia Competition Commission (MyCC), an agency under the Ministry of Domestic Trade and Cost of Living (KPDN) has issued a proposed decision against six enterprises for their […]
Stratus Global eyes Main Market listing
PETALING JAYA: Stratus Global Holdings Bhd is eyeing a listing on the Main Market of Bursa Malaysia. Read full story Date: 23 December, 2025 4:00 pm Source: thestar.com.my
China’s new-style tea brands find a hot new market in US
AFTER becoming established in the Southeast Asian market, Chinese new-style tea brands are now turning to dig gold in the United States, looking for new opportunities. Read full story Date: […]