Newsfeed – Business News
Rolls-Royce to operate new aero engine facility in Beijing
BEIJING: Rolls-Royce’s first aero engine maintenance, repair and overhaul joint venture in the Chinese mainland is on track to begin operations by the end of 2025, said a senior executive […]
Malaysia’s international reserves assets at US$118.70bil as of end-April
KUALA LUMPUR: Malaysia’s international reserve assets amounted to US$118.70 billion (US$1= RM4.21) as of end-April, 2025, while other foreign currency assets stood at US$1.75 billion, according to Bank Negara Malaysia […]
Reach Ten declares maiden dividend of 1c per share
KUALA LUMPUR: Reach Ten Holdings Bhd – which was listed on the Main Market of Bursa Malaysia on May 2, 2025 – has announced its first interim dividend of one […]
Bursa Malaysia lower at midday amid cautious sentiment, heavyweight selling
KUALA LUMPUR: Bursa Malaysia was lower at midday, dragged down by selling in selected utilities, consumer products and services heavyweight counters, amid lingering cautious sentiment surrounding global trade tariffs. Read […]
CIMB’s net profit ticks higher to RM1.97bil in 1Q
KUALA LUMPUR: CIMB Group Holdings Bhd registered a higher net profit of RM1.97bil in the first quarter ended March 31, 2025 (1QFY25), as compared to RM1.94bil in the year-ago quarter, […]
Stocks slip, dollar sags as Trump tariffs remain after latest courtroom twist
TOKYO: Stocks slipped in Asia on Friday and the U.S. dollar drooped with Treasury yields as investors digested an appeals court kept President Donald Trump’s tariffs in effect, a day […]
Ringgit strengthens against US$, court pauses block on Trump-era tariffs
KUALA LUMPUR: The ringgit opened stronger against the US dollar today, boosted by improved investor confidence in emerging market currencies after a US court temporarily halted a decision to block […]
Bursa stays uninspired on final day of results season
KUALA LUMPUR: The sluggish sentiment on Malaysia’s stock market continued on Friday, with the earnings announcements of the past week doing little to halt the corrective pressure. Read full story […]
Trading ideas: SunCon, Vestland, PeterLabs, TWL, UEM Edgenta, IJM, Genting, Carlsberg, KPJ, QL, Farm Fresh, IHH, LHI
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia. Read full story Date: 30 May, 2025 9:03 am Source: thestar.com.my
Oil falls as investors assess US court ruling on Trump tariffs
Oil prices fell over 1% on Thursday, retreating from earlier gains, as investors weighed the potential effects of a US court ruling that blocked the most sweeping of President Donald Trump’s […]