Newsfeed – Business News
Ringgit opens slightly firmer against US dollar as markets watch US-Iran negotiations
KUALA LUMPUR, May 26 — The ringgit opened marginally higher against the greenback and other major currencies on Tuesday, amid negotiations between the United States (US) and Iran that could […]
Petronas takes full control of PRefChem in move to boost Malaysia’s energy security
KUALA LUMPUR, May 26 — Petronas announced today that its subsidiary, Petronas Refinery and Petrochemical Corporation Sdn Bhd, is set to acquire the stake held by Saudi Arabian Oil Company […]
Petronas, Aramco announce transfer of full ownership of PRefChem to Petronas
KUALA LUMPUR, May 25 — Petroliam Nasional Bhd (Petronas) and Saudi Arabian Oil Company (Aramco) today announced the signing of an agreement for the transfer of the latter’s equity stakes, […]
Ringgit closes higher against US dollar on hopes of US-Iran deal
KUALA LUMPUR, May 25 — The ringgit closed higher against the US dollar today, driven by hopes of a resolution to the war between the United States (US) and Iran […]
Bursa Malaysia ends lower on profit-taking
KUALA LUMPUR, May 25 — Bursa Malaysia closed lower today as investors turned cautious, with profit-taking emerging in selected heavyweights, amid rising global bond yields and ahead of the US […]
Making the wrong bet: Indonesia blocks Polymarket over online gambling concerns after wagers on president’s exit
JAKARTA, May 25 — Indonesia has blocked predictions market Polymarket as part of its crackdown on online gambling, its communications and digital ministry said, days after the site took bets […]
Petrovietnam launches open tender for offshore Block 17 in South China Sea
HANOI, May 25 — Vietnam’s state energy firm Petrovietnam has invited investors to participate in an open tender for an offshore oil and gas block in the South China Sea, […]
Malaysia maintains strong position in halal industry as Jakim seen as global benchmark, says BMI
KUALA LUMPUR, May 25 — Malaysia’s institutional credibility remains a key competitive advantage in the global halal certification landscape, underpinned by the internationally recognised halal certification system developed by the […]
BPMB, Matrade team up on RM700m BizConnect initiative to lift Malaysian exporters’ global competitiveness
KUALA LUMPUR, May 25 — Bank Pembangunan Malaysia Bhd (BPMB) has partnered with Malaysia External Trade Development Corporation (Matrade) to accelerate Malaysia’s export ecosystem and broader economic transformation agenda via […]
Local institutions extend net buying streak to six weeks on Bursa Malaysia, says MBSB
KUALA LUMPUR, May 25 — Local institutions extended their net buying streak on Bursa Malaysia to a sixth consecutive week, recording net inflows of RM572.9 million last week, according to […]