Newsfeed – Business News
Ringgit ends higher ahead of Fed comments
KUALA LUMPUR: The ringgit closed higher against the US dollar as investors took advantage of the greenback’s weakness ahead of comments from United States (US) Federal Reserve (Fed) officials tonight, […]
Azam Jaya wins RM120.9mil Tawau Airport upgrade job
KUALA LUMPUR: Azam Jaya Bhd via its wholly-owned unit Pembinaan Azam Jaya Sdn Bhd, has secured a RM120.9mil contract from the Transport Ministry for upgrading works at Tawau Airport, Sabah. […]
Pentamaster 2Q net profit drops 41.6% to RM11.6mil
KUALA LUMPUR: Pentamaster Corp Bhd, which reported a 41.6% drop in net profit for the second quarter ended June 30 (2Q25), remains cautious amid a challenging global environment marked by […]
ECRL set to boost Kuantan Port as strategic trade gateway
KUALA LUMPUR: A top official of a global real estate consultancy envisages Kuantan Port to emerge as a key logistics and trade hub for Malaysia, leveraging its strategic location and […]
Yinson Production acquires FPSO Atlanta project loan
PETALING JAYA: Yinson Production has completed the buy-out of the project loan related to floating production storage and offloading (FPSO) Atlanta from Brava Energia S.A. Read full story Date: 6 […]
FBM KLCI tracks regional gains amid cautious trade
KUALA LUMPUR: The FBM KLCI closed higher for the second straight session on Wednesday, in line with regional gains, amid cautious sentiment and continued foreign selling. Read full story Date: […]
Pertama Digital appoints Lim Nasrul Halim as CEO
PETALING JAYA: Pertama Digital Bhd has appointed Lim Nasrul Halim as its chief executive officer with effect from Aug 6. Read full story Date: 6 August, 2025 6:02 pm Source: […]
Asian markets cautious amid Fed uncertainty, mounting tariff pressures
ASIAN currencies were subdued on Wednesday and regional equities were mixed, as investors warily awaited U.S. President Donald Trump’s Federal Reserve nominations while eyeing mounting evidence that tariffs are crimping […]
Khazanah supports over 100 Malaysian MTCs through dual-track growth strategy
KUALA LUMPUR: Khazanah Nasional, through Dana Impak, is supporting over 100 Malaysian mid-tier companies (MTCs) through a dual-track approach involving capacity development and growth capital via private credit and equity. […]
Honda posts 50% fall in Q1 operating profit on tariffs, lifts full-year forecast
TOKYO: Honda Motor reported a 50% drop in first-quarter operating profit on Thursday, as a stronger yen and the impact of U.S. President Donald Trump’s tariffs took a toll on […]