Newsfeed – Business News
Regulator vows strong oversight of securities
CHINA’s top securities regulator vowed over the weekend to step up law-based supervision and make strong efforts to advance high-quality capital market development, following the announcement that its former chairman […]
Gold hovers near record high on US rate-cut prospects
GOLD held firm near an all-time high on Monday, inching closer to a key $3,600 level, bolstered by mounting expectations of a U.S. Federal Reserve rate cut this month following […]
FBM KLCI rally gains speed on growing rate cut hopes
KUALA LUMPUR: The rally on Bursa Malaysia picked up over the early session as optimism over an anticipated cut in the US lending rate come September bolstered buying interest in […]
EPF focuses on rebuilding savings after RM145bil withdrawn – Amir Hamzah
KUALA LUMPUR: The Employees Provident Fund (EPF) is working to rebuild contributors’ savings after RM145 billion was withdrawn through four COVID-19 related withdrawal facilities, said Finance Minister II Datuk Seri […]
Reservoir Link Energy unit inks RM60.2mil contract for industrial waste facility
KUALA LUMPUR: Reservoir Link Energy Bhd said its wholly-owned subsidiary RL Signam Engineering Sdn Bhd has secured a RM60.2mil contract from Sage Promaster Sdn Bhd for a turnkey EPCC contract […]
New SME Corp scheme offers financing with up to 40% grant conversion
KUALA LUMPUR: SME Corporation Malaysia (SME Corp) has launched the Business Accelerator Programme (BAP) Alternative Financing Programme 2025, a new financing programme designed not just to lend but also to […]
Telecom industry Arpu eases 0.8% in 2Q 25 – CIMB Securities
KUALA LUMPUR: The telecommunications industry’s average revenue per user (ARPU) eased 0.8 per cent quarter-on-quarter (q-o-q) in the second quarter of 2025 (2Q 2025) with the possibility to decline further […]
Local institutions extend buying streak with RM148.6mil net purchases – MBSB IB
KUALA LUMPUR: Local institutions remained net buyers for the sixth straight week on Bursa Malaysia, recording net equity purchases of RM148.6 million during the shortened trading week ended Sept 4, […]
Japan stocks surge, bonds hold steady after PM Ishiba’s exit
TOKYO: Japan’s stocks surged, the yen weakened and bonds stood firm on Monday after Prime Minister Shigeru Ishiba’s resignation stoked speculation that his successor will raise government spending. Read full […]
Japan’s Q2 GDP revised higher to annualised 2.2% expansion
TOKYO: Japan’s economy expanded an annualised 2.2% in the April-June period from the previous quarter, much faster than the preliminary reading, revised government data showed on Monday. Read full story […]