Newsfeed – Business News
EG Industries expands Thailand footprint with RM6.1mil land deal
KUALA LUMPUR: EG Industries Bhd’s wholly-owned subsidiary, SMT Industries Co., Ltd. (SMTI), has proposed to acquire a piece of freehold industrial land in Prachinburi, Thailand, for RM6.1mil. Read full story […]
FBM KLCI hits seven-year high, ringgit breaches RM4 mark
KUALA LUMPUR: The FBM KLCI climbed for a third day, to its highest in almost seven years, while the ringgit crossed the psychologically crucial RM4 per US dollar level. Read […]
Trump’s decision day on Fed pick poses stress test for traders
BOND investors who have spent months wagering that Federal Reserve Chair Jerome Powell’s successor will push for interest-rate cuts face a stress test of those bets with President Donald Trump’s […]
Li Ka-shing mulls new ownership structure to complete ports deal
BILLIONAIRE Li Ka-shing’s CK Hutchison Holdings Ltd. is renewing efforts to sell dozens of ports to a global consortium by splitting the deal into separate parcels with different ownership structures, […]
Gold, silver and platinum extend record‑setting rally
GOLD notched another record high on Friday, while silver and platinum also extended gains to hit all-time peaks, powered by diminishing confidence in U.S. assets on account of geopolitical tensions […]
Bursa Malaysia launches affordable Mini FTSE KLCI Futures on Jan 26
KUALA LUMPUR: Bursa Malaysia Bhd will launch the Mini FTSE Bursa Malaysia KLCI Futures (FKLM) on Jan 26, 2026, offering investors a lower-cost entry into the local derivatives market. Read […]
Hawkish BOJ signals lift short-term yields to 30-year highs, but not yen
TOKYO: Hawkish signals from the Bank of Japan on Friday lifted short-term government bond yields to a three-decade high, but did little to curb persistent weakness in the yen. Read […]
Tech-driven consumption in growth focus
CHINA is accelerating a shift toward a new growth model anchored in tech-driven domestic consumption as geopolitical tensions and technological disruption reshape the global economic landscape, officials, business leaders and […]
Malaysia sovereign fund chief sees ringgit strengthening further
Malaysia’s sovereign wealth fund Khazanah Nasional Bhd. sees the ringgit strengthening further after its run as Asia’s top-performing currency last year, its managing director Datuk Amirul Feisal Wan Zahir said. […]
Ringgit rises to 3.9992 against US dollar amid upbeat outlook
KUALA LUMPUR: The ringgit breached the RM4 threshold to hit a fresh five-year high as traders assessed strong economic growth and an otherwise upbeat annual outlook. Read full story Date: […]