Newsfeed – Business News
Ringgit opens higher against greenback
KUALA LUMPUR: The ringgit opened higher against the US dollar on Monday, rebounding after two consecutive sessions of losses, amid growing concerns over the impact of the United States’ tariffs […]
FBM KLCI opens higher on cautious optimism ahead of key economic data releases
KUALA LUMPUR: The FBM KLCI started the week higher in early trade on Monday, buoyed by cautious optimism ahead of Malaysia’s economic data releases, including employment and GDP figures, this […]
Classita shares jump on NexG’s 32.61% stake acquisition news
KUALA LUMPUR: Classita Holdings Bhd shares traded actively and rose in early trade Monday after NexG Bhd announced plans to acquire a 32.61% stake in the company, marking its entry […]
Trading ideas: Skyworld, Paramount, Able Global, Hong Seng, Favelle Favco, Vestland, Sentoria, Mieco Chipboard
KUALA LUMPUR: Stocks to watch today include Skyworld Development Bhd, Paramount Corp Bhd, Able Global Bhd, Hong Seng Consolidated Bhd, Favelle Favco Bhd, Vestland Bhd, Sentoria Group Bhd and Mieco […]
Ringgit poised for cautious trading as US tariff concerns linger
KUALA LUMPUR: The ringgit is anticipated to trade cautiously against the dollar this week as investors monitor external developments, particularly regarding US tariffs. Read full story Date: 11 August, 2025 […]
Sime UMW spending up to RM375mil for FY26
PETALING JAYA: Sime Darby Bhd’s (Sime) unit, Sime UMW, formerly UMW Holdings Bhd, is ramping up capital expenditure (capex) to RM375mil for the financial year ending June 30, 2026 (FY26) […]
Mah Sing’s KL land buy fuels luxury ambitions
PETALING JAYA: Mah Sing Group Bhd’s latest acquisition of a freehold land parcel in Kuala Lumpur is expected to strengthen its presence in the city’s premium residential market, says TA […]
Malaysia holds investor appeal
PETALING JAYA: Investors are eyeing Malaysia as a key destination for their investments, as the country remains in a favourable position compared to its Asian emerging market peers. Read full […]
13MP boost for affordable housing
PETALING JAYA: The government’s announcement under the 13th Malaysia Plan (13MP) to develop one million affordable housing units between 2026 and 2035, will help ease pent-up demand and improve homeownership […]
Bursa Malaysia likely to retain uptrend this week on positive data flow
KUALA LUMPUR: Bursa Malaysia is likely to retain its constructive bias into this week, with potential upside breakout above the 1,560 level, says an analyst. Read full story Date: 11 […]