Newsfeed – Business News
China’s central bank vows flexible, efficient cuts in reserve ratio, rates in 2026
BEIJING: China will flexibly and efficiently use monetary policy tools such as cuts to the reserve requirement ratio (RRR) and interest rates this year, and curb “involution-style” competition in some […]
FBM KLCI edges higher for second session amid cautious broader market
KUALA LUMPUR: The FBM KLCI extended gains for a second straight session on Friday, tracking firmer regional markets, although broader market sentiment remained cautious. Read full story Date: 6 March, […]
Maersk suspends two shipping services due to Middle East crisis
COPENHAGEN: Maersk, one of the world’s biggest container shipping groups, said on Friday it has temporarily suspended two services linking the Middle East to Asia and Europe as the Iran […]
Oil set for steepest weekly gain since Russia’s 2022 invasion of Ukraine
SINGAPORE: Crude oil headed for the sharpest weekly gain since Russia launched its full-scale invasion of Ukraine in February 2022, even as prices eased slightly on Friday after Washington issued […]
CK Hutchison steps up legal push as Panama moves to seize ports
HONG KONG conglomerate CK Hutchison said on Friday it has escalated its legal fight in Panama after the government seized its port operations, petitioning for a review of the decree […]
Oil shock, war risk drag Asian FX, stocks to worst week since 2020
EMERGING market stocks and currencies headed for their heaviest weekly drawdown since the pandemic on Friday, as war in the Middle East set oil prices surging and drove investors quickly […]
FGV’S new CEO to be appointed from professional ranks
KUALA LUMPUR: The appointment of a new FGV Holdings Bhd chief executive officer (CEO) will involve professional candidates to fill the vacancy following the resignation of Fakhrunniam Othman, said Deputy Prime […]
Bank Negara’s international reserves climb to US$128.3bil
KUALA LUMPUR: Bank Negara’s international reserves rose to US$128.3bil as at Feb 27, compared with US$127.9bil as at Feb 13. Read full story Date: 6 March, 2026 4:00 pm Source: […]
Gold rises as Middle East conflict spurs safe-haven demand
GOLD prices rose on Friday, rebounding from a more than 1% drop in the previous session, as investors bought safe-haven bullion on heightened uncertainty over a widening Middle East conflict. […]
Golden Destinations signs underwriting deal for ACE Market IPO
KUALA LUMPUR: Golden Destinations Group Bhd has signed an underwriting agreement with UOB Kay Hian (M) Sdn Bhd (UOBKH) in conjunction with its proposed initial public offering (IPO) on the […]