Newsfeed – Business News
PetDag 4Q net profit rises to RM259mil, declares 46 sen dividend
KUALA LUMPUR: PETRONAS Dagangan Bhd (PetDag), which posted a 4% rise in net profit for the fourth quarter ended Dec 31, 2025 (4Q25), has declared an interim dividend of 26 […]
Bursa Malaysia under pressure as global trade jitters weigh
KUALA LUMPUR: Bursa Malaysia remained under pressure at midday as broad-based selling dragged all indices into negative territory. Read full story Date: 24 February, 2026 1:00 pm Source: thestar.com.my
Affin, MBSB Bank commit RM3.8bil facility for Mawar Setia’s U Mobile acquisition
KUALA LUMPUR: Affin Group and MBSB Bank Bhd have jointly committed RM3.8 billion in a syndicated facility to support Mawar Setia Sdn Bhd’s acquisition of over 50 per cent controlling […]
Government takes cautious approach on ART, protects RM367.5bil Malaysia-US trade
KUALA LUMPUR: The government will adopt a cautious approach in determining Malaysia’s position on the Agreement on Reciprocal Trade (ART) with the United States, Prime Minister Datuk Seri Anwar Ibrahim […]
StanChart full-year profit rises 16%, misses estimates
HONG KONG: Standard Chartered reported on Tuesday that full-year pretax profit climbed 16%, as robust global banking and strong wealth inflows boosted revenue at the emerging markets-focused lender. Read full […]
Citi sees South Asia, Asean leading new trade realignment
KUALA LUMPUR: South Asia and Asean have emerged as key beneficiaries of the ongoing reorganisation of global trade flows, as companies accelerate supply chain diversification amid tariff volatility and rapid […]
China leaves benchmark lending rates unchanged for ninth straight month
SHANGHAI: China left benchmark lending rates unchanged for a ninth consecutive month in February on Tuesday. Read full story Date: 24 February, 2026 11:00 am Source: thestar.com.my
Singapore bank UOB’s fourth-quarter net profit dips 7%, beats forecasts
SINGAPORE: Singapore’s United Overseas Bank, or UOB, reported on Tuesday a 7% fall in net profit in the fourth quarter from a year earlier as margin headwinds outweighed loan growth. […]
Dollar languishes as Asia markets reopen to renewed tariff turmoil
TOKYO: The dollar languished on Tuesday as Asian markets weighed the fallout on global trade from renewed turbulence over U.S. President Donald Trump’s tariff regime. Read full story Date: 24 […]
Ringgit touches RM3.87 against US dollar at open
KUALA LUMPUR: The ringgit extended its gains to open higher on Tuesday, with foreign exchange markets seen to have largely priced in Malaysia’s encouraging macroeconomic data and recent tariff developments. […]