Newsfeed – Business News
Gold climbs more than 2% on softer dollar, easing fears of higher interest rates
Gold rose more than 2% on Wednesday, buoyed by a softer dollar, while a drop in oil prices eased concerns about elevated inflation and higher global interest rates, amid reports […]
BOJ debated need for more rate hikes, weak yen impact on prices, January minutes show
TOKYO: Many Bank of Japan policymakers saw the need to keep raising interest rates, with some calling for timely action on mounting inflationary pressures, minutes of their January meeting showed, […]
Eversendai slides 24% on Saudi contract loss amid Middle East tensions
KUALA LUMPUR: Eversendai Corp Bhd shares fell in early trade on Wednesday after its Trojena Ski Village contract in Saudi Arabia was terminated amid escalating Middle East tensions. Read full […]
Australia’s inflation slows slightly in February ahead of war-driven energy shock
SYDNEY: Australian consumer prices were flat in February as prices for domestic holidays and petrol dipped, while core inflation came in a little slower than forecast, though a war-driven spike […]
Ringgit opens higher against US dollar on improved risk sentiment
KUALA LUMPUR: The ringgit opened higher against the US dollar and other major currencies on Wednesday, as risk sentiment improved following potential ceasefire talks between the United States and Iran. […]
FBM KLCI rises in early trade, caution lingers on war, oil concerns
KUALA LUMPUR: The FBM KLCI rebounded in early trade on bargain hunting, even as investors remained cautious amid ongoing geopolitical tensions and volatile global oil prices. Read full story Date: […]
Trading ideas: Yinson, Kelington, Heineken, F&N, IJM, Willowglen MSC, OCR, Eversendai
KUALA LUMPUR: Yinson Holdings Bhd, Kelington Group Bhd, Heineken Malaysia Bhd, Fraser & Neave Holdings (F&N), IJM Corp Bhd, Willowglen MSC Bhd, OCR Group Bhd and Eversendai Corp Bhd are […]
Credit Suisse bond crash fuels leadership crisis at India’s HDFC
Shortly before midnight on the eve of a bank holiday in India, HDFC Bank Ltd, a favourite among global investors, stunned the market by announcing the abrupt exit of its […]
Oceanarium to lift Aquawalk earnings
Aquawalk Group Bhd may lift its long-term earnings contribution by RM2.6mil after taking full ownership of the developer of a new oceanarium in Kota Kinabalu, Sabah. Read full story Date: […]
Gamuda Land sets sights on doubling profit
A RM10bil launch pipeline across all markets in 2026 sets the stage for newly appointed Gamuda Land chief executive officer Gim Teck Yew, who stepped into the role in December […]