Newsfeed – Business News
Genting Plantations unit fined RM96.6mil by Indonesian authorities
KUALA LUMPUR: Genting Plantations Bhd said its 95%-owned indirect subsidiary, PT Susantri Permai, has been imposed an administrative fine of 396 billion rupiah (about RM96.6mil) by Indonesia’s Forest Area Enforcement […]
Rakuten Trade raises FBM KLCI year-end target, sees stronger earnings and fund flows
KUALA LUMPUR: Rakuten Trade has revised upward its forecast for the FTSE Bursa Malaysia KLCI (FBM KLCI) to 1,810 for the full year, from an earlier target of 1,730. Read […]
Gold slips as upbeat US data boosts dollar, dims rate-cut bets
GOLD extended its losses on Friday after stronger-than-expected U.S. economic data dampened expectations of the U.S. Federal Reserve cutting interest rates sooner and softening geopolitical frictions shrunk safe-haven demand for […]
US clears FGV to export palm following WRO modification
KUALA LUMPUR: The United States has cleared FGV Holdings Bhd (FGV) to export palm oil and palm oil products to the US effective Jan 15 2026, following the modification of the Withhold […]
NEV sector surging full steam ahead
CHINA has doubled down on steering the new energy vehicle industry away from cutthroat competition toward technology-led growth, with three high-level industrial meetings this week all stressing core innovation, particularly […]
FBM KLCI dips after five-day rally, poised to end on a weekly gain
KUALA LUMPUR: Traders may be cashing in on recent gains as the earlier lead in the FBM KLCI evaporated on profit-taking activities. Read full story Date: 16 January, 2026 2:00 […]
Advance estimate puts Malaysia’s 4Q GDP at 5.7%
KUALA LUMPUR: Malaysia’s economy is projected to have grown 5.7% in the fourth quarter of 2025, according to the advance estimate issued by the National Statistics Department ahead of the […]
Applications open for Jelawang Capital’s next Emerging Fund Managers’ programme
KUALA LUMPUR: Khazanah Nasional Bhd and its subsidiary, Jelawang Capital, have announced the opening of applications for the second cohort of the Emerging Fund Managers’ Programme (EMP). Read full story […]
Asia shares near record high on AI optimism, dollar up on receding Fed cut bets
SINGAPORE: Asian stocks advanced on Friday as the artificial intelligence boom regained momentum, while the dollar held near a six-week high after upbeat U.S. economic data left traders trimming bets […]
Oil flat as chances of US strike on Iran recedes
PERTH: Oil prices were flat on Friday with both Brent and U.S. West Texas Intermediate moving only a few cents from their closing prices after the likelihood of a U.S. […]