Newsfeed – Business News
Reservoir Link secures work order award from PETRONAS Carigali
PETALING JAYA: Reservoir Link Energy Bhd has received a work order award from PETRONAS Carigali Sdn Bhd for the provision of light weight well testing services. Read full story Date: […]
TNB doubles capex to RM42.9bil to back energy transition efforts
KUALA LUMPUR: Tenaga Nasional Bhd (TNB) has more than doubled its budgeted capital expenditure (capex) to RM42.9 billion – comprising RM26.6 billion in base capex and RM16.3 billion in contingent […]
FBM KLCI rises for second straight day amid mixed regional performance
KUALA LUMPUR: The FBM KLCI continued its steady upward trajectory, closing higher on Thursday, despite a mixed performance among its regional peers, with some markets showing gains while others struggled […]
Singapore shares set for an eight-day rally; Asia FX muted
Singapore equities were set for an eighth straight session of gains on Thursday, marking their best winning streak since November 2022, as cooling inflation and demand for defensive stocks supported […]
Norway wealth fund posts US$40bil first-quarter loss on tech weakness
OSLO: Norway’s $1.7 trillion sovereign wealth fund, the world’s largest, reported on Thursday a quarterly loss of 415 billion Norwegian crowns ($39.72 billion) for the January to March period, largely […]
ZUS Coffee to add 200 Southeast Asia stores in Starbucks duel
COFFEE shop operator Zuspresso Sdn. plans to open nearly 200 new stores in Southeast Asia this year, after surpassing Starbucks as Malaysia’s largest coffee chain within five years of inception. […]
‘Made in Malaysia’: Sellers bombarded with ways to evade tariffs
ONLINE merchants are being inundated with suspicious offers to help avoid paying US tariffs on goods made in China. Read full story Date: 24 April, 2025 3:01 pm Source: thestar.com.my
Retailers up effort to help out exporters
SUPPLY chains and retailers in the country must enhance coordination to accelerate the focus shift of export-oriented enterprises toward the domestic market and help stimulate internal consumption, a senior official […]
Chinese customers are rejecting new jets due to tariffs, Boeing confirms
SEOUL: Boeing’s Chinese customers are refusing delivery of new planes built for them due to tariffs, the U.S. planemaker has confirmed, as a third Boeing jet started returning to the […]
Toyota’s March overseas sales hit record peak as US buyers rush ahead of tariffs
TOKYO: Toyota Motor said on Thursday that its overseas sales in March touched a record high for the month, fuelled by a surge in North American purchases ahead of U.S. […]