Newsfeed – Business News
Malaysia better placed to weather oil surge
PETALING JAYA: Despite the ongoing war in Iran, Malaysia is more insulated than its regional peers when it comes to withstanding a surge in oil prices. Read full story Date: […]
Scientex 2Q net profit rises to RM135.18mil
KUALA LUMPUR: Scientex Bhd posted a higher net profit of RM135.18 million in the second quarter ended Jan 31, 2026 (2Q FY2026) from RM123.95 million in the same quarter of FY2025. […]
Gold set for weekly drop as oil price surge weighs on rate-cut hopes
GOLD prices were on track for a second consecutive weekly drop, despite edging up on Friday, as surging energy prices due to the Middle East war dimmed prospects for near-term […]
China’s green push a boost for Asia-Pacific
CHINA’s pursuit of low-carbon development will help shape green transition across the wider Asia-Pacific region, analysts said. Read full story Date: 13 March, 2026 3:00 pm Source: thestar.com.my
Rakuten Trade forecasts FBM KLCI at 1,800 in 2026 amid global uncertainty
KUALA LUMPUR: Rakuten Trade has revised its forecast for the FTSE Bursa Malaysia KLCI (FBM KLCI) slightly lower at 1,800 for 2026 from 1,810 previously in view of the overhanging […]
Batik Air adjusts fuel surcharges on selected routes amid rising jet fuel prices
KUALA LUMPUR: Batik Air Malaysia has implemented modest adjustments across selected routes, including fuel surcharges structured by route category, in response to rising operating costs driven by higher jet fuel […]
O&G-related stocks rise as Iran signals Hormuz will remain closed
KUALA LUMPUR: Oil and gas-related stocks opened higher after Iran’s new supreme leader indicated the Strait of Hormuz would stay closed. Read full story Date: 13 March, 2026 1:00 pm […]
IJM board recommends shareholders reject Sunway’s ‘not fair and not reasonable’ offer
KUALA LUMPUR: The board of directors of IJM Corp Bhd recommends that shareholders reject the takeover offer by Sunway Bhd, as it unanimously concurs with independent advisor M&A Securities that […]
MAG continues to review fares, fuel surcharges amid market volatility
KUALA LUMPUR: Malaysia Aviation Group (MAG) said the airlines under its portfolio are continuously reviewing airfares and fuel surcharges in response to prevailing market conditions. Read full story Date: 13 […]
Asian stocks slide as Iran war keeps oil near US$100, dents rate-cut bets
SINGAPORE: Asian stocks slumped on Friday, poised for a second straight weekly decline as fast-dwindling hopes of a resolution to the U.S. and Israel’s war with Iran kept oil prices […]