Newsfeed – Business News
Ringgit higher against the greenback
The ringgit closed higher against the US dollar yesterday, as traders remained cautious ahead of US President Donald Trump and China’s President Xi Jinping’s expected meeting this week. Read full […]
Ramssol tie up with iFLYTEK in RM17mil deal
Ramssol Group Bhd has entered into a strategic partnership agreement with iFLYTEK, one of China’s artificial intelligence (AI) companies, currently valued at approximately RM58bil. Read full story Date: 4 June, […]
PayNet, Bank of China team up to simplify financial flows
KUALA LUMPUR: Payments Network Malaysia Sdn Bhd (PayNet) and Bank of China (Malaysia) Bhd (BOC Malaysia) have inked a memorandum of understanding (MoU) to explore solutions that simplify financial flows […]
Cypark appoints Tan Sri Abdul Wahid Omar as chair
KUALA LUMPUR: Cypark Resources Bhd has appointed Tan Sri Abdul Wahid Omar as its independent non-executive director and chair of the board, effective June 9, 2025. Read full story Date: […]
Qualitas appoints Datuk Muhamad Umar Swift as its CEO
PETALING JAYA: Ex-Bursa Malaysia Bhd chief executive officer (CEO) Datuk Muhamad Umar Swift has been appointed the group CEO of Qualitas Health Group. Read full story Date: 3 June, 2025 […]
Ringgit closes slightly higher against US$ on cautious sentiment
KUALA LUMPUR: The ringgit closed higher against the US dollar on Tuesday, as traders remain cautious ahead of United States (US) President Donald Trump and China’s President Xi Jinping’s expected […]
Ta Win unit disposes of Klang property for RM44.5mil
KUALA LUMPUR: Ta Win Holdings Bhd via its wholly-owned subsidiary Tan Win Industries (M) Sdn Bhd has sold a 16,187sqm tract of industrial land and factory in Klang, Selangor, to […]
Edelteq unit to partner Halo Tech in manufacture of optical inspection machines
KUALA LUMPUR: Edelteq Holdings Bhd’s wholly-owned subsidiary Edelteq Ventures Sdn Bhd has formed a joint venture with Halo Technologies Sdn Bhd to manufacture and commercialise automated optical inspection machines. Read […]
Globaltec inks JV to diversify into commercial vehicle component segment
KUALA LUMPUR: Globaltec Formation Bhd’s wholly-owned subsidiary AutoV Corp Sdn Bhd has partnered Blue Breeze Sdn Bhd for the joint ownership and operation of a joint venture company to undertake […]
Euro zone inflation eases below ECB target, supporting rate cut bets
FRANKFURT: Euro zone inflation eased below the European Central Bank’s target last month, data showed on Tuesday, underpinning expectations for another interest rate cut this week, even as global trade […]