Newsfeed – Business News
Farhash Wafa Salvador emerges as substantial shareholder in Key Alliance with 5.55% stake
PETALING JAYA: Key Alliance Group Bhd’s new chairman, Datuk Wira Farhash Wafa Salvador, has emerged as a substantial shareholder in the company after acquiring 6.8 million shares in the open […]
Bina Puri pledges full cooperation in trading activity probe
KUALA LUMPUR: Bina Puri Holdings Bhd has stated that the group is prepared to extend full cooperation to the relevant authorities in investigations into the unusual trading activity involving its […]
Bioalpha proposes RM110mil share capital reduction to offset accumulated losses
PETALING JAYA: Bioalpha Holdings Bhd has proposed a RM110mil reduction of its issued share capital as part of a house keeping exercise of its balance sheet. Read full story Date: […]
FBM KLCI up for third day amid easing US-China tensions
KUALA LUMPUR: The FBM KLCI extended its gains for the third consecutive day, supported by regional market strength amid signs of a potential de-escalation in trade tensions between the US […]
CapBay signs MoUs to boost Malaysia’s healthcare SME financing
KUALA LUMPUR: Bay Group Holdings Sdn Bhd, the country’s leading fintech specialising in supply chain finance and Peer-to-Peer (P2P) financing, has signed a memorandum of understanding (MOU) with four healthcare […]
Creador takes 13% stake in Vietnam’s fast-growing pharmacy chain Long Chau
KUALA LUMPUR: Private equity (PE) firm Creador has acquired up to 13% in FPT Long Chau Investment JSC (Long Chau), one of Vietnam’s leading pharmacy chains. Read full story Date: […]
Take Five: Trump’s first 100 days
Donald Trump is nearing the 100-day mark of his second presidency and investors are no closer to figuring out how to trade his policies, nor do central bankers have much […]
Oil edges up but heads for weekly fall under supply pressure
OIL prices rose for a second session on Friday buoyed by potential de-escalation of the U.S.-China trade war, but the market was headed for a weekly decline of around 2% […]
Malaysia to cut growth outlook, discuss ‘fair’ trade with US
MALAYSIA is revising down its growth outlook as tariffs weigh on the economy, while seeking a “fair” deal in trade talks that kicked off with US officials this week, according […]
Multiple moves on table to spur consumption
CHINA is likely to announce additional stimulus policies, including extra fiscal support, targeted monetary easing and stronger consumption-boosting initiatives, to put its economic growth on a more solid footing, as […]