Newsfeed – Business News
Hibiscus Petroleum raises estimate of 2P oil reserves at UK’s Teal West field
KUALA LUMPUR: Hibiscus Petroleum Bhd has raised its estimate of proved and probable (2P) oil reserves at its Teal West field by 32% to 4.5 million barrels of oil (MMbbl). […]
Hock Soon Capital inks underwriting deal with M&A Securities
KUALA LUMPUR: Hock Soon Capital Bhd has signed an underwriting agreement with M&A Securities Sdn Bhd in conjunction with its initial public offering (IPO) on the Main Market of Bursa […]
A1 AK Koh Group appointed sole distributor for NZ Milk Powder
JOHOR BAHRU: A1 A.K. Koh Group Bhd and its subsidiaries have been appointed by Uniraw Dairies & Food Sdn Bhd as the sole distributor for New Zealand Instant Full Cream […]
Crude oil slumps, Asian shares edge lower as global tensions climb
TOKYO: Crude futures slid and resource shares climbed in Asian trading as markets absorbed the impact of political upheaval in Venezuela and the fate of its petroleum reserves. Oil prices […]
FBM KLCI drifts lower as traders await catalysts
KUALA LUMPUR: The FBM KLCI trended lower in early morning trading as traders awaited a spark to reignite buying momentum. Read full story Date: 7 January, 2026 10:05 am Source: […]
Berkshire Hathaway raises new CEO Abel’s salary to US$25mil
BERKSHIRE Hathaway said on Tuesday it raised the salary of new Chief Executive Greg Abel to $25 million, far exceeding the $100,000 annual salary that his predecessor Warren Buffett accepted […]
Chip stocks jump on AI optimism, Dow ends at record high
Wall Street ended higher on Tuesday, as chip stocks surged on renewed AI optimism, Moderna rallied and the Dow Jones Industrial Average reached a record high. Read full story Date: […]
Oil falls as investors weigh supply outlook, Venezuela uncertainties
Oil prices fell on Tuesday as the market weighed expectations of ample global supply this year against uncertainty around Venezuelan crude output after the US capture of Nicolas Maduro, the South […]
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KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia. Read full story Date: 7 January, 2026 8:00 am Source: thestar.com.my
Steady growth path for manufacturing sector
Malaysia’s manufacturing sector is expected to maintain a stable growth pace despite a slowdown in new orders reflected in S&P Global Inc’s December 2025 manufacturing purchasing managers index (PMI) released […]