Newsfeed – Business News
LuMIC to attract RM72bil investments, create over 50,000 jobs by 2050
KUALA LUMPUR: The development of the Lumut Maritime Industrial City (LuMIC) in Perak is expected to attract RM72 billion in investments and create over 50,000 job opportunities within the next […]
FMM calls for govt action to safeguard manufacturing sector amid US tariff pause
KUALA LUMPUR: The government should take decisive steps during the United States’s (US) 90-day reciprocal tariff pause window to protect Malaysia’s industrial base and long-term competitiveness, said the Federation of […]
FBM KLCI surges 62.54 points on relief after Trump pauses tariffs
KUALA LUMPUR: The FBM KLCI surged 4.5% on Thursday as investors snapped up beaten-down stocks, following U.S. President Donald Trump’s announcement of an immediate 90-day tariff pause for many countries. […]
Axiata said to seek adviser for US$3bil sale of tower arm
The owners of Edotco Group Sdn. are seeking a financial adviser to help with a sale that could value the Malaysian telecommunication tower company at about $3 billion including debt, […]
Trump tariff relief spurs rally in Asian stocks, currencies firm
Read full story Date: April 10, 2025 6:00 pm Source: thestar.com.my
Gold prices climb over 1% as US-China trade war escalates
GOLD rose more than 1% on Thursday as investors flocked to safe-haven bullion after the U.S. hiked tariffs on China, the top metals consumer, escalating the already heated trade war, […]