Newsfeed – Business News
Bursa rebounds to close higher on bargain hunting
Bursa Malaysia picked up momentum in the final hour of trading to close marginally higher, driven by bargain-hunting in energy and telecommunication stocks during the late session, says an analyst. […]
EPF weighs RM8bil sale of UK private hospitals
The Employees Provident Fund (EPF) is preparing to sell a portfolio of UK private hospitals that are valued at about £1.4bil (RM8bil). Read full story Date: 5 June, 2025 4:50 […]
OECD urges Malaysia to boost competitiveness amid global uncertainty
KUALA LUMPUR: The Organisation for Economic Co-operation and Development (OECD) has urged Malaysia to implement further measures to enhance its economic competitiveness and strengthen its resilience. Read full story Date: […]
Ringgit eases marginally against greenback after stronger US economic data
KUALA LUMPUR: The ringgit eased against the greenback at the close on Wednesday after the United States posted stronger economic data. Read full story Date: 4 June, 2025 9:49 pm […]
Affin Group debuts in US bond market with US$300mil note issue
KUALA LUMPUR: Affin Group made its debut in the US dollar bond market with the issuance of the senior unsecured notes with a nominal value of US$300 million (RM1.27 billion) […]
Bursa Malaysia rebounds to close higher on bargain hunting
KUALA LUMPUR: Bursa Malaysia picked up momentum in the final hour of trading to close marginally higher, driven by bargain-hunting in energy and telecommunication stocks during the late session, said […]
Oil prices steady as expected Opec+ output increase offsets Canada supply pressure
LONDON: Oil prices held steady on Wednesday as concern around the OPEC+ groups next output increase were offset by Canadian supply pressures due to wildfires there, while global trade tensions […]
Ascend Airways Malaysia now in Phase 3 of AOC application process
KUALA LUMPUR: Ascend Airways Malaysia, a new Malaysia-based airline, has advanced to Phase 3 of its air operator certificate (AOC) application process, it said in a statement issued today. Read […]
IOI Properties to acquire 50.1% stake in Scottsdale Properties
KUALA LUMPUR: IOI Properties Group Bhd said its wholly-owned subsidiary IOI Consolidated (Singapore) Pte Ltd has acquired the remaining 50.1% equity in Scottsdale Properties Pte Ltd it does not already […]
Bank Islam to decommission GO banking app, BankIslam.biz website from June 28
KUALA LUMPUR: Bank Islam Malaysia Bhd will retire its legacy mobile banking app, GO, and Internet banking platform www.bankislam.biz effective June 28, 2025. Read full story Date: 4 June, 2025 […]