Newsfeed – Business News
Dollar on the defensive as traders await key US economic data
SINGAPORE: The dollar hugged tight ranges on Wednesday ahead of a slew of U.S. economic data that could set the tone for the Federal Reserve’s rate outlook, a factor traders consider […]
Morning trading finishes flat as investors retrace earlier losses
KUALA LUMPUR: The FBM KLCI was flat at the midday break after swinging back from earlier losses as traders sought out opportunities amid a scarcity of fresh leads in the […]
CGS International upbeat on Malaysia’s economy, sets KLCI end-2026 target at 1,810
KUALA LUMPUR: The outlook for Malaysia’s economy remains positive for this year, as such, CGS International Securities Malaysia Sdn Bhd has set an end-2026 KLCI target of 1,810, supported by […]
Hibiscus Petroleum raises estimate of 2P oil reserves at UK’s Teal West field
KUALA LUMPUR: Hibiscus Petroleum Bhd has raised its estimate of proved and probable (2P) oil reserves at its Teal West field by 32% to 4.5 million barrels of oil (MMbbl). […]
Hock Soon Capital inks underwriting deal with M&A Securities
KUALA LUMPUR: Hock Soon Capital Bhd has signed an underwriting agreement with M&A Securities Sdn Bhd in conjunction with its initial public offering (IPO) on the Main Market of Bursa […]
A1 AK Koh Group appointed sole distributor for NZ Milk Powder
JOHOR BAHRU: A1 A.K. Koh Group Bhd and its subsidiaries have been appointed by Uniraw Dairies & Food Sdn Bhd as the sole distributor for New Zealand Instant Full Cream […]
Crude oil slumps, Asian shares edge lower as global tensions climb
TOKYO: Crude futures slid and resource shares climbed in Asian trading as markets absorbed the impact of political upheaval in Venezuela and the fate of its petroleum reserves. Oil prices […]
FBM KLCI drifts lower as traders await catalysts
KUALA LUMPUR: The FBM KLCI trended lower in early morning trading as traders awaited a spark to reignite buying momentum. Read full story Date: 7 January, 2026 10:05 am Source: […]
Berkshire Hathaway raises new CEO Abel’s salary to US$25mil
BERKSHIRE Hathaway said on Tuesday it raised the salary of new Chief Executive Greg Abel to $25 million, far exceeding the $100,000 annual salary that his predecessor Warren Buffett accepted […]
Oil falls as investors weigh supply outlook, Venezuela uncertainties
Oil prices fell on Tuesday as the market weighed expectations of ample global supply this year against uncertainty around Venezuelan crude output after the US capture of Nicolas Maduro, the South […]