Newsfeed – Business News
Persistent buying in heavyweights lifts Bursa Malaysia to end at intraday high
KUALA LUMPUR: Bursa Malaysia rebounded from a subdued morning session to close at its intraday high on Thursday, driven by sustained buying interest in selected heavyweights, particularly in the utilities […]
Ringgit ends lower vs US$ and major currencies on weak demand
KUALA LUMPUR: The ringgit has retreated to close lower against the US dollar as well as major currencies on Thursday on lack of buying interest, said an analyst. Read full […]
Tech shares lift Wall St futures on tariff exemption hopes
US STOCK index futures rose on Thursday, pointing to fresh gains on Wall Street, on signs that major technology companies will avoid President Donald Trump’s latest tariffs on chip imports. […]
Mah Sing acquires land within KLCC for RM260mil
PETALING JAYA: Mah Sing Group Bhd has acquired 1.485-acres of freehold land in the heart of the KLCC precinct from the MUI Group for RM260mil. Read full story Date: 7 […]
Mayu extends cooperation to MACC in scrap metal smuggling investigation
KUALA LUMPUR: Mayu Global Group Bhd and its two subsidiaries – Progerex Sdn Bhd and SMPC Industries Sdn Bhd – have been approached by the Malaysian Anti-Corruption Commission (MACC) in […]
Golden Pharos unit appoints operator for biochar production project
KUALA LUMPUR: Golden Pharos Bhd’s wholly-owned subsidiary GP Plywood Sdn Bhd has appointed GK Vest Sdn Bhd as the implementing partner and project operator in the development of a biochar […]
BYD’s 7,000-unit capacity carrier vessel makes maiden voyage to Malaysia
KUALA LUMPUR: BYD Malaysia and the automaker’s official distributor in Malaysia, Sime Motors, has announced the arrival of BYD’s carrier vessel with fully-built BYD vehicles set for delivery to Malaysian […]
Global stocks rise, dollar soft on Fed easing bets
LONDON: Global equities rose on Thursday, with Japanese shares hitting a record high, as tech-led gains on Wall Street, upbeat earnings, growing hopes for a ceasefire in Ukraine and expectations […]
MRL, CCCC ink supplementary agreement 7, complete ECRL to Westports, Northport
PUTRAJAYA: Malaysia Rail Link Sdn Bhd (MRL) has signed the supplementary agreement 7 (SA7) with the East Coast Rail Link (ECRL) project contractor for the connection from the last station […]
Bank Negara’s international reserves rise to US$121.3bil as at July 31
KUALA LUMPUR: Bank Negara Malaysia’s (BNM) international reserves rose to US$121.3 billion (US$1=RM4.218) as at July 31, 2025. Read full story Date: 7 August, 2025 4:02 pm Source: thestar.com.my