Newsfeed – Business News
CXMT eyes Shanghai listing to fund DRAM expansion
China’s leading maker of dynamic random access memory (DRAM) chips, ChangXin Memory Technologies Corp (CXMT), says it plans to raise 29.5 billion yuan (US$4.22bil) through an initial public offering of […]
Steady fundamentals to anchor Chin Teck prospects
Chin Teck Plantations Bhd is heading into its new financial year with a measured sense of confidence, anchored by steady plantation fundamentals and tempered by the absence of exceptional one-off […]
Indonesian stocks notch best year since 2014 on retail flows
Indonesian stocks recorded their best performance in 11 years, as the growing presence of local retail investors more than offset foreign fund outflows. Read full story Date: 1 January, 2026 […]
Air China to buy 60 Airbus planes worth US$9.5bil
China’s flagship carrier Air China says it and a subsidiary had signed a pact with Airbus to buy 60 A320 Neo jets in a deal worth about US$9.5bil at list […]
Beijing issues early 2026 investment plan
China’s state planner has released early investment plans for 2026, including two major construction projects, involving about 295 billion yuan (US$42.21bil) in central budget funding, in its latest effort to […]
Axis-REIT inks deal for Senai industrial asset
Axis Real Estate Investment Trust (Axis-REIT) has inked a conditional share and purchase agreement with Banyan Estate Malaysia Sdn Bhd for the proposed acquisition of a double-storey factory annexed with […]
America’s Test Kitchen acquiring bankrupt recipe site Food52
Cooking television show America’s Test Kitchen has agreed to purchase recipe site Food52, which said it was forced to file bankruptcy after its lender unexpectedly swept cash from its bank […]
Semico’s FY26 to FY27 revenue expected to grow
Semico Capital Bhd’s revenue for financial year 2026 (FY26) to FY27 is expected to grow at a compounded annual growth rate of 6%. Read full story Date: 1 January, 2026 […]
Fini boss forecasts huge increase in nickel demand
The Indonesian Nickel Smelter Association (Fini) is forecasting nickel ore demand from domestic smelters in 2026 to reach around 340 million to 350 million tonnes, its chairman Arif Perdana Kusuma […]
Malaysia Smelting appoints two co-group CEOs
Malaysia Smelting Corp Bhd has appointed two co-group chief executive officers (CEO), effective today, following the retirement of its group CEO Datuk Dr Patrick Yong Mian Thong. Read full story […]