Newsfeed – Business News
ACE Market-bound Ambest Group IPO oversubscribed 46 times
KUALA LUMPUR: Ambest Group Bhd’s initial public offering (IPO was oversubscribed by 46.07 times for the Malaysian public portion ahead of its listing on the ACE Market of Bursa Malaysia […]
Indonesia financial regulator says it will impose 15% stock free float requirement
JAKARTA: Indonesia’s financial regulator said on Thursday that it would double the free float requirement on listed firms to 15% as part of its response to MSCI concerns about transparency […]
Deutsche Bank posts biggest annual profit in nearly two decades a day after police search
FRANKFURT: Deutsche Bank on Thursday posted its largest annual profit since 2007 after a stronger-than-expected fourth quarter, a day after police searched the bank in an alleged money-laundering probe. Read […]
China reportedly drops rules that sparked property crisis, developer shares surge
HONG KONG: Chinese property developers are no longer required to report monthly data related to the country’s “three red lines” policy, local media said on Thursday, an apparent end to […]
UOBAM Malaysia launches Greater China equity fund for retail investors
KUALA LUMPUR: UOB Asset Management (M) Bhd (UOBAM Malaysia) has launched the United Intelligence Series – Greater China Fund (UIS-GCF), offering Malaysian retail investors exposure to Greater China equities through […]
Ringgit owes its surge to forces well beyond dollar’s weakness
THE Malaysian ringgit’s relentless rally is being driven by a range of structural factors beyond the dollar’s broad weakness, suggesting its gains will likely be sustained. Read full story Date: […]
Green, high-tech sectors focus of increasing ODI
CHINESE companies are expanding overseas investment in high-tech and green sectors, with outbound direct investment rising and new policy support emerging, even as global narratives of economic “decoupling” persist, officials […]
Axis-REIT to seek more industrial asset acquisitions in 2026
PETALING JAYA: Axis Real Estate Investment Trust (Axis-REIT) plans to step up acquisitions in 2026, focusing mainly on industrial assets. Read full story Date: 29 January, 2026 3:00 pm Source: […]
KLIA Aeropolis solar farm to cut KLIA’s carbon emissions by 30% in 2027 – MAHB
SEPANG: The photovoltaic solar farm and battery energy storage system (BESS) project at KLIA Aeropolis is expected to reduce the carbon emissions of the Kuala Lumpur International Airport (KLIA) by […]
Bursa Malaysia bucks regional trend, KLCI down 1.43% at midday
KUALA LUMPUR: Bursa Malaysia bucked the regional trend and extended its decline at midday on continuous selling in selected blue-chip counters due to profit-taking activities. Read full story Date: 29 […]