Newsfeed – Business News
Banks snatch up mortgage bonds
Flush with deposits, US banks are buying up mortgage bonds (MBS) and betting that the asset class will get a further boost in 2026 from relaxed capital rules. Read full […]
Underrated threat of AI-driven inflation
Global stock markets, riding high on artificial intelligence (AI) euphoria at the start of 2026, may be disregarding one of the biggest threats that could spoil the party: a surge […]
EV dreams, petrol reality
The expectation was that the removal of the tax holiday for electric vehicles (EVs) would have meant that people will be paying more for their electric cars from 2026. Read […]
Meta Bright acquires Damai Suites shoplot for RM3.5mil
PETALING JAYA: Property firm Meta Bright Group Bhd has proposed to acquire a shoplot unit for RM3.5mil located in Kota Kinabalu, Sabah in a related party transaction between the company’s wholly owned […]
Global Oriental to sell 18 Pavilion Embassy retail units for RM35 mil
KUALA LUMPUR: Global Oriental Bhd (GOB) has proposed to dispose of 18 retail units at Pavilion Embassy, Jalan Ampang, for a total cash consideration of RM35mil as part of a […]
PETRONAS Lubricants International launches engine products at Tokyo Auto Show
KUALA LUMPUR: Petronas Lubricants International (PLI) has launched two engine lubricants at the Tokyo Auto Salon car show, reinforcing PLI’s commitment to delivering advanced, high-performance solutions specifically tailored for the Japanese […]
Ringgit ends lower against US dollar ahead of US jobs data, tariff ruling
KUALA LUMPUR: The ringgit ended lower against the US dollar on Friday, as markets moved into a cautious holding pattern ahead of tonight’s US non-farm payrolls release and a possible Supreme […]
AEON Credit raises RM150mil via Sukuk Wakalah
KUALA LUMPUR: AEON Credit Service (M) Bhd has completed its eleventh issuance of Islamic Commercial Papers (ICP) under its Sukuk Wakalah programme, raising RM150mil with a tenure of 179 days. […]
Cenergi SEA, Malaysia Airports co-develops solar, battery energy project
KUALA LUMPUR: Cenergi SEA Bhd and KLIA Aeropolis Sdn Bhd are co-developing a 36 megawatt-peak (MWp) large-scale solar photovoltaic (PV) power plant, integrated with a 45 megawatt-hour (MWh) battery energy storage system (BESS) […]
SBS Nexus shares to Malaysian public oversubscribed by 22.28 times
PETALING JAYA: ACE Market-bound integrated marketing and branding services provider SBS Nexus Bhd’s 24.5 million new shares made available to the Malaysian public has been oversubscribed by 22.28 times. Read […]