Newsfeed – Business News
ECRL project hits 89% completion as of October 2025
KUALA LUMPUR: The East Coast Rail Link (ECRL) project has recorded an overall progress of 89 per cent as of October 2025, according to Malaysia Rail Link Sdn Bhd (MRL) […]
Oil steady as investors weigh hopes for Ukraine peace talks, Fed rate cut
NEW DELHI: Oil prices took a breather on Monday after last week’s fall of about 3%, as investors weighed the chances for a U.S. rate cut against the prospect of […]
Asian stocks climb on US rate cut bets, Indonesia hits record high
iNDONESIAN shares reached a record high, while most emerging Asian bourses gained on Monday on hopes of a U.S. rate cut in December, though advances were capped by policymakers’ split […]
Semico Capital signs IPO underwriting deal with Affin Hwang for Ace Market listing
KUALA LUMPUR: Semico Capital Bhd has entered into an underwriting agreement with Affin Hwang Investment Bank Bhd in conjunction with its upcoming initial public offering (IPO) on the ACE Market […]
UOB Malaysia, Invest Selangor in strategic tie-up to attract global investments
KUALA LUMPUR: United Overseas Bank (M) Bhd (UOB Malaysia) has announced a strategic partnership with Invest Selangor Bhd to help position Selangor as a top investment hub in Malaysia and […]
DBS is said to revise Alliance Bank offer proposal to 30% stake
SINGAPORE’s biggest bank has withdrawn an application to start talks to buy as much as 49% of Alliance Bank Malaysia Bhd., replacing it with one to acquire up to 30% […]
Gold dips as dollar firms, investors weigh US rate outlook
GOLD prices dropped for a third consecutive session on Monday, as the dollar firmed near six-month highs, while investors awaited more clarity on the U.S. interest rate trajectory. Read full […]
First electric trains for Malaysia project finish production in Dalian
THE first batch of electric vehicles custom-built for Malaysia’s East Coast Rail Link project rolled off the production line on Tuesday at the CRRC Dalian factory in Dalian, Liaoning province. […]
MISC’s net profit rises to RM541.8mil in 3Q, declares 8c div/share
KUALA LUMPUR: MISC Bhd’s bottomline rose in the third quarter ended Sept 30, 2025, with the largest growth contribution arising from a floating, production, storage and offloading (FPSO) vessel, which […]
Crest Builder unit bags RM299.39mil contract for Desa Parkcity office tower
KUALA LUMPUR: Crest Builder Holdings Bhd said its wholly-owned subsidiary Credt Builder Sdn Bhd has secured a RM299.39mil contract from Perdana Parkcity Sdn Bhd for the construction of an office […]