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Stocks shaken by geopolitical fears, Japanese bonds bounce after selloff
SYDNEY: Asian stocks extended their losing streak on Wednesday, undone by heightened tensions over U.S. threats to acquire Greenland ahead of President Donald Trump’s Davos speech, while Japanese bonds bounced […]
ACE Market-bound Ambest aims to raise RM27.5mil from IPO
PETALING JAYA: Ambest Group Bhd, an engineering support services provider specialising in precision machining, aims to raise approximately RM27.50 million through its initial public offering (IPO) on the ACE Market […]
Oil prices fall as risks from Kazakh production halt subside
TOKYO: Oil prices fell on Wednesday as an expected build-up of U.S. crude inventories outweighed a temporary halt in output at two large fields in Kazakhstan and geopolitical pressure from […]
Gold crosses US$4,800 for the first time as US, EU spar over Greenland
GOLD prices surged to a record high above $4,800 per ounce on Wednesday, buoyed by safe-haven demand and a softer dollar as U.S. President Donald Trump’s pursuit of Greenland threatened […]
Bursa Malaysia continues uptrend at midday, CI stays above 1,700
KUALA LUMPUR: Bursa Malaysia’s benchmark index extended its gains at midday, holding above the 1,700 level, on sustained buying interest in selected heavyweight stocks despite mixed performances in regional markets. […]
ACE Market-bound Kee Ming Group to raise RM31.50mil from IPO
KUALA LUMPUR: Kee Ming Group Bhd aims to raise RM31.50 million from its initial public offering (IPO) ahead of its listing on the ACE Market of Bursa Malaysia Securities Bhd […]
Binastra unit accepts RM742.86mil building contract in Johor
KUALA LUMPUR: Binastra Corp Bhd said its wholly-owned subsidiary Binastra Builders Sdn Bhd has accepted a contract from Maxim Pelangi Sdn Bhd for main building works of a 72-storey serviced […]
Maybank shares up following launch of new five-year strategy
KUALA LUMPUR: Malayan Banking Bhd’s (Maybank) shares were up in early trade, following its newly-launched ROAR30 five-year strategy plan (2026-2030), targeting to deliver a stronger return on equity (ROE) of […]
CPO prices to stay range-bound at RM4,000-RM4,300 per tonne in Feb – MPOC
KUALA LUMPUR: Crude palm oil prices (CPO) are expected to remain range-bound between RM4,000 per tonne and RM4,300 per tonne in February due to seasonal declines in production and stocks, […]
MMC Ports targets digital consolidation and operational resilience in pivotal 2026
KUALA LUMPUR: MMC Ports Holdings Bhd, Malaysia’s largest port operator and manager of key transshipment hubs, will focus on executing targeted infrastructure upgrades and equipment enhancement programmes in 2026. Read […]