Newsfeed – Business News
A1 AK Koh signs underwriting agreement with AmInvestment Bank for ACE Market IPO
KUALA LUMPUR: ACE Market-bound A1 AK Koh Group Bhd (A1 AKK) has entered into an agreement with AmInvestment Bank Bhd to underwrite 50.4 million shares offered to the Malaysian public […]
CIMB Securities cuts KLCI earnings forecasts by 5.6% after weak 1Q
KUALA LUMPUR: CIMB Securities has revised downward its earnings forecasts for FTSE Bursa Malaysia KLCI (FBM KLCI) constituents by 5.6 per cent for both 2025 and 2026, citing widespread underperformance […]
Malaysia’s manufacturing PMI slightly higher at 48.8 in May 2025 – S&P Global
KUALA LUMPUR: The seasonally adjusted S&P Global Malaysia manufacturing purchasing manager’s index (PMI) inched up to 48.8 in May, compared to 48.6 in April, signalling a sustained, though softer moderation […]
Ringgit opens higher against US$ amid tariff concerns
KUALA LUMPUR: The ringgit rebounded to open higher against the US dollar on Monday, as markets assessed the outlook for US President Donald Trump’s tariff policy, an analyst said. Read […]
Trading ideas: Alliance, LSH, LYC, 7-Eleven, RHB, Master Tec, Mah Sing, CIMB, Capital A, SKP, Yinson, Berjaya, BAT, Bintulu, Bank Islam
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia. Read full story Date: 3 June, 2025 9:03 am Source: thestar.com.my
Oil gains on supply concerns as wildfires disrupt Canada supply, Opec+ keeps output plans unchanged
NEW YORK: Oil prices climbed nearly 3% on Monday on supply concerns as producer group OPEC+ decided not to accelerate plans to hike output and wildfires in Canada’s oil-producing province […]
Wall Street closes with modest gains, dollar weakens as trade tensions flare
NEW YORK: Wall Street ended a choppy session higher on Monday and the dollar softened as trade tensions between Washington and Beijing heated up and investors showed caution ahead of […]
IJM continues to target more job wins for FY26
Read full story Date: 3 June, 2025 9:03 am Source: thestar.com.my
Shares and dollar tumble as tariff tensions flare
SYDNEY/LONDON: Stocks and the dollar fell on Monday as U.S.-China trade tensions bubbled and investors turned defensive ahead of U.S. jobs data and a widely expected cut in European interest […]
Steelmakers in South Korea, Vietnam tumble on Trump’s new tariffs
SEOUL/SINGAPORE: Shares in South Korean and Vietnamese steelmakers, major Asian exporters of the metal to the United States, dropped on Monday after U.S. President Donald Trump said he would double […]