Newsfeed – Business News
The sky’s the limit for TM
Telekom Malaysia Bhd (TM) is stepping into a golden era. With Malaysia’s data demands skyrocketing, the company’s vast fibre network and strategic investments are positioning it as a key enabler […]
Yield chase spurs EM bonds
Borrowers in the developing world are rushing to lock in financing, fuelling a surge in hard-currency bond sales as yield-hungry investors keep demand strong. Read full story Date: 14 June, […]
Pyramids upgrade to awe visitors
Some 2.5 million people visit the Pyramids of Giza each year with hopes of an epic experience befitting one of the World’s Seven Wonders. Read full story Date: 14 June, […]
Cuckoo IPO oversubscribed by 1.42 times, final price set at RM1.08 per share
KUALA LUMPUR: Cuckoo International (MAL) Bhd’s initial public offering (IPO) has been oversubscribed by 1.42 times ahead of its listing on the Main Market of Bursa Malaysia Securities Bhd. Read […]
Dialog wins 14-year PETRONAS contract for Mutiara Cluster field in Sabah
PETALING JAYA: Dialog Group Bhd had won a 14-years production sharing contract from Petroliam Nasional Bhd (PETRONAS), for the development of the Mutiara Cluster field in Sabah. Read full story […]
Ringgit ends lower as geopolitical tensions boost US dollar
KUALA LUMPUR: The ringgit slipped against the US dollar on the final trading day of the week, reversing earlier gains as rising geopolitical concerns drove safe-haven demand for the greenback. Read full […]
New Energy Asia to be sole Lotus EV charger distributor across Asean
KUALA LUMPUR: New Energy Asia Sdn Bhd, a newly established joint venture (JV) between HICOM Engineering Sdn Bhd (HESB) and Hangzhou Flash Charging New Energy Co Ltd. (HFC) from China, […]
KJTS inks MoU with Envicool for energy-efficient data centre cooling in Asean
KUALA LUMPUR: KJTS Group Bhd, via its specialised indirect subsidiary Green AI Sdn Bhd, has signed a memorandum of understanding (MoU) with Shenzhen Envicool Technology Co Ltd (Envicool), a global […]
Asian currencies, stock slip on risk off after Israel strikes Iran
ASIAN stock markets and currencies fell on Friday as investors rushed to safe havens after Israel struck Iran’s nuclear and military sites, deepening market jitters already stoked by global trade […]
Rex Industry gets conditional takeover offer of RM26.81mil
KUALA LUMPUR: Rex Industry Bhd (REX) has received a notice of conditional mandatory take-over offer by ETA Industries Sdn Bhd (ETAI) for RM26.81 million in cash. Read full story Date: 13 June, […]