Newsfeed – Business News
AI speeding up shift of construction industry
ARTIFICIAL intelligence is transforming the construction sector, saving costs and enhancing efficiency and management, with its usage expected to further expand in the future, experts said. Read full story Date: […]
Main Market-bound Wasco Greenergy eyes RM75mil from IPO
KUALA LUMPUR: Wasco Greenergy Bhd, slated for a listing on Bursa Malaysia’s Main Market, aims to raise RM75 million from its initial public offering (IPO). Read full story Date: 20 November, […]
Pekat unit secures RM33.8mil job for Gamuda’s hyperscale data centre
KUALA LUMPUR: Pekat Group Bhd said Gamuda Engineering Sdn Bhd has appointed its indirect wholly-owned subsidiary Pekat E & LP Sdn Bhd as a subcontractor to undertake earthing and lightning […]
Velesto posts higher 3Q net profit of RM50.16mil on higher rig utilisation
KUALA LUMPUR: Drilling and oilfield services firm Velesto Bhd recorded a higher profit in the third quarter ended Sept 30, 2025, on the back of higher rig utilisation and lower […]
Affin Bank posts RM144.99mil net profit in 3Q
KUALA LUMPUR: Affin Bank Bhd maintained a stable earnings performance in the third quarter ended Sept 30, 2025, amid a changing interest rate environment. Read full story Date: 20 November, […]
Production recovery bolsters Hap Seng Plantations’ 2026 prospects
PETALING JAYA: Hap Seng Plantations Holdings Bhd is heading into 2026 with expectations of steadier crude palm oil (CPO) pricing and improving output, even as research houses flag lingering volatility […]
Bursa Malaysia joins in global tech-fuelled rally
KUALA LUMPUR: The FBM KLCI was up at midday as robust earnings results from Nvidia eased fears of overstretched tech valuations and fuelled a relief rally in Asian market. Read […]
Stocks soar as Nvidia earnings ease AI valuation fears, jobs data in view
SINGAPORE: A relief rally swept across Asian markets and lifted stocks in early trading on Thursday as investors cheered Nvidia’s market-topping earnings, while the dollar ticked up as traders braced […]
Japan’s Nikkei reclaims key 50,000 mark as tech stocks rally on Nvidia results
TOKYO: Japan’s Nikkei share average jumped back above the key 50,000 mark on Thursday, led higher by technology stocks after strong results from Nvidia eased valuation concerns over the artificial-intelligence […]
Capital A to distribute 1.69bil AAX shares as restructuring enters final chapter
KUALA LUMPUR: Capital A Bhd will distribute 1.69 billion new shares in AirAsia X Bhd (AAX) to its eligible shareholders via a dividend-in-specie, marking the final stage of its restructuring […]