Newsfeed – Business News
FBM KLCI gains ground on positive Wall Street sentiment
KUALA LUMPUR: The FBM KLCI opened slightly higher on Thursday, supported by gains in selected heavyweights amid positive cues from Wall Street. Read full story Date: 16 October, 2025 10:01 […]
Trading ideas: Genting Malaysia, Crest Builder, Coastal Contracts, Advancecon, NexG
KUALA LUMPUR: Stocks to watch today include Genting Malaysia Bhd, Crest Builder Holdings Bhd, Coastal Contracts Bhd, Advancecon Holdings Bhd, and NexG Bhd following their latest corporate announcements. Read full […]
Rental consumption set to go mainstream
A camping equipment store in Southwest China’s Chongqing is filled with customers in late August. Between racks of tents and camping chairs, store owner Zhou Xiangyu is managing the steady […]
South Korea’s Posco Future M wins record anode contract
Posco Future M, the battery materials arm of Posco Group, has secured its largest-ever anode materials supply contract, worth 671 billion won, with a global automaker. Read full story Date: […]
Labour union demands up to 10% rise in minimum wages
A major Indonesian labour coalition is demanding an 8.5% to 10% increase in the minimum wage for next year, higher than the 6.5% hike set by President Prabowo Subianto for […]
Jakarta drops PIK 2 from strategic projects list
President Prabowo Subianto has revoked the National Strategic Project (PSN) status for the PIK 2 development owned by Sugianto “Aguan” Kusuma’s Agung Sedayu Group and Salim Group following a Supreme […]
Goldman tells employees it will cut more jobs as AI saves costs
Goldman Sachs Group Inc tells employees to expect an additional round of job cuts this year as the bank seeks further savings across its businesses and takes advantage of the […]
Genting Malaysia submits final New York casino bid
Genting Malaysia Bhd’s indirect wholly-owned subsidiary, Genting New York LLC, has submitted supplemental application materials to the New York Gaming Facility Location Board (NYGFB) for the final evaluation of its […]
Southern Cable to strengthen its market position, capture demand
Southern Cable Group Bhd’s proposed private placement is poised to strengthen its market position as it gears up for a multi-year expansion to capture growing demand from domestic and overseas […]
Optimism surrounding property sector continues
Malaysia’s property sector is expected to extend its recovery momentum into the final quarter of 2026, buoyed by improving buyer sentiment, supportive interest rate conditions, and foreign fund inflows that […]