Newsfeed – Business News
FBM KLCI retreats on Fed jitters as investors stay on sidelines
KUALA LUMPUR: The FBM KLCI slipped on Monday as anticipation of a US Federal Reserve rate cut kept investors cautious and trading subdued. Read full story Date: 8 December, 2025 […]
Apex Healthcare’s minority shareholders should accept buyout offer, says independent adviser
PETALING JAYA: Kenanga Investment Bank Bhd (Kenanga IB), in its role as independent adviser, has recommended that minority shareholders of Apex Healthcare Bhd accept the takeover offer from Pharmora Investment […]
Unilever completes ice cream demerger with Magnum set to list
LONDON: The Magnum Ice Cream Company is set to finalise its long-awaited spinoff from Unilever on Monday with an Amsterdam listing that will test investors’ sweet tooth. Read full story […]
Oil hovers near 2-week highs on expected US interest rate cut, geopolitical risk
SINGAPORE: Oil prices hovered at two-week highs on Monday as investors expect a likely U.S. Federal Reserve interest rate cut this week to lift economic growth and energy demand, while […]
Mydin to cut foreign worker dependency with high-automation RM447mil distribution centre
KUALA LUMPUR: Mydin Mohamed Holdings Bhd expects to reduce its dependency on foreign workers with the development of its new automated national distribution centre (MDC) in Elmina, Selangor. Read full […]
Creador acquires 7% stake in India’s La Renon Healthcare
PETALING JAYA: Private equity firm Creador has acquired a 7% stake in India-based pharmaceutical firm, La Renon Healthcare, from its promoter and an existing investor. Read full story Date: 8 […]
Indonesia stocks hit record high, currencies muted ahead of Fed decision
MOST emerging Asian equity markets gained on Monday, with Indonesia’s hitting a record high, while currencies held steady on investor caution ahead of the U.S. Federal Reserve’s rate decision this […]
Gold rises on dollar weakness; traders eye Fed rate cut
GOLD nudged higher on Monday, supported by a softer dollar as traders grew more confident the U.S. Federal Reserve will deliver an interest rate cut at its policy meeting this […]
IBM nears US$11bil Confluent deal to boost cloud push, WSJ reports
IBM is in advanced talks to acquire data-infrastructure company Confluent for about $11 billion, the Wall Street Journal reported on Sunday, in a move aimed at boosting Big Blue’s ability […]
Opening-up to expand as key growth driver
CHINA will continue to push forward high-standard opening-up while bolstering domestic consumption to support high-quality development, the country’s top commerce official said on Saturday. Read full story Date: 8 December, […]