Newsfeed – Business News
Dimon flags ‘economic disaster’ over rate cap
JPMorgan Chase chief executive officer (CEO) Jamie Dimon warns that a proposal to cap credit card interest rates would amount to economic disaster, while US President Donald Trump doubled down […]
Argentina’s economy shrinks more than expected after midterms
Argentina’s economy contracted for a second consecutive month in November on the heels of a crunch midterm election that has precipitated a sharp market selloff. Read full story Date: 23 […]
Intel results to spotlight firm’s turnaround efforts
Intel shareholders are optimistic about the company’s results like they have not been for many quarters, betting the turnaround chief executive officer (CEO) Lip-Bu Tan promised was taking root and […]
Solarvest growth prospects intact
Solarvest Holdings Bhd’s near-term earnings contribution is expected to be modest at about RM1mil to RM2mil, but its long-term growth prospects remain positive. Read full story Date: 23 January, 2026 […]
AGX operational ramp-up to take three months
AGX Group Bhd’s operational ramp-up is expected to take two to three months with its latest contract award and earnings contribution anticipated from the second quarter of 2026 (2Q26) onwards. […]
Elridge entry into the Thailand biomass market a positive step
Elridge Energy Holdings Bhd’s memorandum of understanding with Berkana Power Company Ltd for the supply of about 100,000 tonnes per annum of palm kernel shells (PKS) is seen as a […]
Velesto likely to declare special dividend in May from rig sale
Stakeholders of Velesto Energy Bhd will likely see a special dividend announcement in May, deriving from the sale of Naga 3 valued at US$63mil. Read full story Date: 23 January, […]
Malaysia Airports strengthens China connectivity for VM2026 push
Malaysia Airports continues to expand international air connectivity with new airline services linking key cities in China to Kuala Lumpur International Airport (KLIA) and Tawau Airport, in support of Visit […]
Cabnet wins RM15mil Johor electrical jobs
Cabnet Holdings Bhd’s wholly-owned subsidiary, Cabnet M&E Sdn Bhd, has secured contracts worth RM14.8mil from Haily Construction Sdn Bhd for electrical system works on projects in Johor Baru. Read full […]
BNM keeps OPR at 2.75% as expected
The Monetary Policy Committee’s (MPC) decision to keep the overnight policy rate (OPR) at 2.75% is in line with overall consensus, says Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam […]