Newsfeed – Business News
FBM KLCI starts December on strong footing, hits two-week high
KUALA LUMPUR: The FBM KLCI kicked off the first day of December trading on a strong note, climbing to its highest level in nearly two weeks despite a broadly cautious […]
KLK appoints Tan Ting Min as independent director
KUALA LUMPUR: Kuala Lumpur Kepong Bhd (KLK) has appointed Tan Ting Min as an independent non-executive director effective Dec 1, 2025. Read full story Date: 1 December, 2025 6:02 pm […]
Oil rises 2% on OPEC+ output plan, supply worries
PERTH/SINGAPORE: Oil prices climbed 2% on Monday after OPEC+ members reaffirmed a plan to hold output steady and as the Caspian Pipeline Consortium halted exports after a major drone attack […]
Asian stocks slip; yen firms as Ueda comments boost rate hike hopes
SINGAPORE: Stocks fell on Monday after a strong end to November as a bout of risk aversion gripped markets even as U.S. rate-cut optimism remained intact, while the beaten-down yen […]
Gold climbs to six-week high on risk-off sentiment in equities
GOLD prices were mostly steady after hitting a six-week high on Monday as early risk-off sentiment set the tone, with investors focused on a potential U.S. rate cut later this […]
EPF appoints Mohamad Hafiz as CIO, Ahmad Rizal as CFO
KUALA LUMPUR: The Employees Provident Fund (EPF) has appointed Mohamad Hafiz Kassim as its new chief investment officer (CIO), and Ahmad Rizal Omar as chief financial officer (CFO). Read full […]
Earnings momentum for IHH continues
PETALING JAYA: Analysts view earnings momentum for IHH Healthcare Bhd to be building across the group’s main markets, supported by medical tourism in Malaysia, stabilisation in Singapore and rising margins […]
China to boost green industry cooperation
CHINA will deepen multilateral cooperation on green technologies, support its new energy vehicle, battery and photovoltaic enterprises in expanding globally, and accelerate the low-carbon transition of its sprawling manufacturing sector, […]
T7 Global names Azman Yakim as new group ceo as Tan Kay Zhuin takes on board role
KUALA LUMPUR: T7 Global Bhd today announced key changes to its leadership team, with group chief executive officer (CEO) Tan Kay Zhuin moving to a board role as executive director and Azman […]
Malayan Cement’s earnings outlook remains strong amid steady demand
PETALING JAYA: The earnings outlook for Malayan Cement Bhd is seen to remain firm on good cement demand in the country. Read full story Date: 1 December, 2025 2:01 pm […]