Newsfeed – Business News
FBM KLCI slides amid cautious sentiment, geopolitical concerns
KUALA LUMPUR: The FBM KLCI ended in the red on Thursday amid a cautious market undertone, as investors weighed ongoing tensions in the Middle East and the absence of fresh […]
Deleum wins solar gas turbine generators maintenance job
PETALING JAYA: Deleum Bhd has accepted a letter of award from Hess Exploration and Production Malaysia B.V. for the provision of solar gas turbine generators maintenance services and materials supply […]
Flexidynamic to acquire 100% of Formtech Engineering
KUALA LUMPUR: Flexidynamic Holdings Bhd has entered into two share sale agreements (SSAs) — one with HARPS Investment Asia Pte Ltd (HIA) and another with two minority shareholders — to […]
Fitch keeps ‘neutral’ outlook on Malaysia’s banking sector, revises outlooks for some Asian countries
KUALA LUMPUR: Fitch Ratings has maintained its “neutral” outlook on Malaysia’s banking sector for 2025 while adjusting the outlooks for several Asia-Pacific countries amid trade war exposures. Read full story Date: […]
CTOS and Infomina tie up to enable seamless SSM data access
PETALING JAYA: Infomina Bhd, a leading enterprise technology solutions provider and authorized service provider for the Companies Commission of Malaysia (SSM) data, has entered into a strategic partnership with CTOS […]
Oil falls as investors weigh chance of US intervention in Iran-Israel conflict
BEIJING: Oil prices fell on Thursday with investors hesitating to take new positions after President Donald Trump gave mixed signals on potential U.S. involvement in the Israel-Iran conflict, while the […]
TNG Digital rolls out digital payment tools to support micro and small businesses
KUALA LUMPUR: TNG Digital Sdn Bhd is broadening its support for micro and small enterprises, particularly independent traders operating at markets, food stalls and public spaces, by offering accessible and […]
Gold prices rise as Middle East conflict buoys demand
GOLD prices gained on Thursday, as the Iran-Israel conflict persisted for the seventh day, boosting demand for the safe-haven asset, although the U.S. Federal Reserve’s cautious stance on future rate […]
China set to further advance financial opening-up
CHINA will further advance the opening-up of its financial sector and capital markets, with Shanghai spearheading the efforts, a move that will bring fresh opportunities for collaboration in an increasingly […]
FBM KLCI opens sideways after US rate hold
KUALA LUMPUR: There was little to move the Malaysian market barometer on Thursday after the US Federal Reserve announced its widely expected decision to keep the interest rate unchanged, followed […]