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Oil dips on ample supply outlook, market weighs Venezuelan output

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SINGAPORE: Oil prices fell on Tuesday on expectations of ample global supply amid weak demand, and as the market weighed the prospect of higher Venezuelan crude output following the U.S. […]

Bank Negara announces additional RM2.5bil fund for SMEs

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KUALA LUMPUR: Bank Negara Malaysia (BNM) is providing an additional RM2.5 billion under its fund for small and medium enterprises (SMEs), with a focus on channelling these funds to first-time […]

FBM KLCI enters midday in the red while regional markets jump

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KUALA LUMPUR: Malaysia’s blue chips fell in the morning session as a sideways trading pattern over the last two weeks continued amid a dearth of buying leads. Read full story […]

KUSKOP policy framework addresses MSME structural, operational challenges – MEF

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KUALA LUMPUR: The policy framework proposed by the Ministry of Entrepreneur Development and Cooperatives (KUSKOP) can address the structural and operational challenges faced by micro, small and medium enterprises (MSMEs), […]

Samsung likely to flag 160% jump in Q4 profit as AI boom stokes chip prices

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SEOUL: Samsung Electronics is expected to flag a 160% jump in its fourth-quarter operating profit spurred by a severe chip shortage that has sharply driven up memory prices as customers […]

Asian stocks extend record rally while oil, dollar drift

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TOKYO: Asian stocks extended their record climb on Tuesday, taking the baton from Wall Street where gains for oil companies and financials helped the Dow Jones Industrial Average hit an […]

Traders take profit from blue chips

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KUALA LUMPUR: The FBM KLCI fell slightly in morning trading after it returned above the 1,680 mark in the previous session with investors looking out for new catalysts to spur […]

Ringgit rises against US$ as safe-haven demand eases

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KUALA LUMPUR: The ringgit opened marginally higher against the US dollar on Tuesday as investors assessed the United States-Venezuela situation, with an early flight to the greenback proving short-lived amid […]

Infoline wins RM9.65mil electrical job

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PETALING JAYA: Infoline Tec Group Bhd has accepted a letter of award from Niaga Sari Sdn Bhd for a nominated sub-contract for the supply, delivery, installation, testing and commissioning of […]

Stocks, energy shares, oil jump after US strikes Venezuela

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NEW YORK: Major stock indexes and oil prices gained on Monday, with energy shares climbing and investors reacting mostly calmly to potential market ramifications after a U.S. military strike that […]

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