Newsfeed – Business News
Ambest signs underwriting deal with Malacca Securities for ACE Market IPO
KUALA LUMPUR: Ambest Group Bhd, an engineering support services provider specialising in precision machining, has signed an underwriting agreement with Malacca Securities Sdn Bhd for its proposed initial public offering […]
Asian equities see biggest foreign outflows in nearly six years on tech valuation fears
ASIAN equities witnessed their largest monthly foreign outflows in nearly six years in November, driven by a selloff in high-flying technology stocks as concerns over stretched valuations prompted investors to […]
Malaysia made significant achievement in 1MDB money laundering probe
KUALA LUMPUR: The complex money laundering investigations related to 1Malaysia Development Bhd (1MDB) are a significant achievement and demonstrate enhanced coordination between various law enforcement agencies (LEAs), Bank Negara Malaysia (BNM), the […]
Oil retreats as investor focus returns to Ukraine peace talks
SINGAPORE: Oil prices eased on Thursday as investors shifted focus back to Russia-Ukraine peace talks and monitored potential fallout from a U.S. seizure of a sanctioned tanker off the coast […]
Asian FX steady after Fed rate cut; Oracle stokes AI profitability scare
EMERGING Asian equity markets traded mixed on Thursday, while currencies held steady as market participants digested less-hawkish-than-feared comments from U.S. Federal Reserve Chair Jerome Powell after a widely expected interest […]
China’s inflation hits two-year high as demand recovers
CHINA’s consumer inflation accelerated to its highest level in nearly two years in November, official data showed on Wednesday, reinforcing signs of a gradual recovery in domestic demand as policy […]
Natural rubber output up 11.4% in October 2025
KUALA LUMPUR: Malaysia’s natural rubber (NR) production rose 11.4 per cent to 29,673 tonnes in October 2025 from 26,647 tonnes in September, the Department of Statistics Malaysia (DOSM) said on […]
Bitcoin dips below US$90,000 as AI worries dent risk appetite
SINGAPORE: Cryptocurrencies tumbled on Thursday and bitcoin fell back below the $90,000 threshold in a renewed signal of market jitters as fresh concerns about artificial intelligence profits weighed on technology […]
Bank Negara likely to keep OPR at 2.75% in 2026 despite US Fed rate cuts
KUALA LUMPUR: Analysts have expected Bank Negara Malaysia (BNM) to maintain the benchmark rate at 2.75 per cent in 2026 despite the United States central bank’s latest rate cut. Read […]
Dollar stumbles as dovish Fed tempts bears
SINGAPORE: The dollar fell out of favour on Thursday after the Federal Reserve delivered a less hawkish outlook than some had anticipated, giving investors confidence to short the currency as […]