Newsfeed – Business News
Trump warns of higher tariffs on India over Russian oil purchases
NEW DELHI: The United States could raise tariffs on India if New Delhi does not meet Washington’s demand to curb purchases of Russian oil, President Donald Trump said on Sunday, […]
Service tax on rentals for MSMEs reduced to 6%
KUALA LUMPUR: Service Tax on rentals for micro, small and medium enterprises (MSMEs) has been reduced to six per cent from eight per cent, said Prime Minister Datuk Seri Anwar […]
Banking sector poised for steady 2026 on credit growth, NIM expansion
KUALA LUMPUR: The banking sector is expected to appear steadfast in 2026 driven by sustained credit growth; net interest margin expansion; resilient non-interest income (NOII); and stable national clearing code (NCC), according to AmInvestment […]
Asian stocks hit early 2021 highs as AI optimism outweighs Venezuela risks
EMERGING Asian equities rose to the highest point in nearly five years on Monday, led by record gains in Taiwan, South Korea, Singapore, and Indonesia, as investors stayed focused on […]
OCBC Malaysia wins Best Trade Finance Bank by Euromoney
KUALA LUMPUR: OCBC Malaysia has been named Malaysia’s Best Trade Finance Bank by Euromoney, in recognition of its innovative solutions and digital offerings that enable businesses to manage cash flows […]
Shopping campaign to unleash market potential
CHINA’s new pro-consumption drive will attract more inbound shoppers through a series of policy incentives, along with higher-quality products and services, anchoring growth more firmly in household spending nationwide, said […]
ACE Market-bound GHS Holdings to raise RM30mil from IPO
KUALA LUMPUR: Melaka-based food products and manufacturer, Guan Huat Seng Holdings Bhd (GHS Holdings), aims to raise RM30 million from its initial public offering (IPO), ahead of its listing on […]
China stocks rally as Shanghai benchmark tops 4,000 in first New Year trade
HONG KONG: Chinese stocks kicked off their first trading session of 2026 on a strong note on Monday, with the Shanghai benchmark topping the 4,000-level for the first time in […]
Glomac unit to dispose of two tracts of Puchong lad for RM97.3mil
KUALA LUMPUR: Glomac Bhd’s wholly-owned subsidiary Glomac Al Batha Sdn Bhd has inked two sales and purchase agreements to dispose of two tracts of vacant leasehold land in Bandar Metro […]
Bursa Malaysia joins Asian rally as 2026 trading picks up
KUALA LUMPUR: The FBM KLCI ended the morning session on a positive note with bank shares leading the rally, as investors started the first full trading week of 2026 with […]