Newsfeed – Business News
Wall St closes higher on tech rally, soft inflation data
Wall Street’s main indices closed higher on Thursday as a soft inflation report fed expectations for interest rate cuts by the Federal Reserve, while chipmaker Micron’s blowout forecast signalled strong AI […]
Prabowo introduces 2026 minimum wage rule
President Prabowo Subianto has signed a new government regulation on wages that will serve as the basis for setting minimum wage increases in 2026, the Manpower Ministry reveals, just before […]
Govt wants Bantargebang landfill cleared in two years
The government has set a two-year deadline to clear the massive Bantargebang landfill in Bekasi, West Java, leveraging the accelerated waste-to-energy programme. Read full story Date: 19 December, 2025 6:00 […]
Hanwha Life looks beyond insurance for growth
Hanwha Life Insurance is betting on the blockchain as a core pillar of its next growth phase as it seeks to evolve from a traditional insurer into a global financial […]
BP appoints Meg O’Neill as CEO after Auchincloss’ abrupt exit
Oil and gas major BP has appointed Meg O’Neill, the head of Australia’s Woodside Energy, as its chief executive officer (CEO) effective April 1 after an abrupt exit by Murray […]
Fed terminates Citi notices that demand bank improve risk controls
The US Federal Reserve (Fed) has told Citigroup it has closed formal notices requiring the bank to fix trading risk management weaknesses, according to sources, a significant step in improving […]
Muhibbah wins new contract from PETRONAS
Muhibbah Engineering (M) Bhd has accepted an award from PETRONAS Carigali Sdn Bhd for the provision of minor engineering, procurement and construction of wellhead platforms for the Sepat Integrated Redevelopment […]
No new India investments for Axiata
Axiata Group Bhd announced yesterday that it has no plans to make new investments in India. Read full story Date: 19 December, 2025 4:00 am Source: thestar.com.my
AEON Credit to stay cautious, focus on asset quality
AEON Credit Service (M) Bhd says it will maintain a cautious stance due to uncertain global trade and tariff policies, prevailing geopolitical tensions, inflationary pressures and volatility in global financial […]
SunCon wins RM570mil data centre job
Sunway Construction Sdn Bhd (SCSB), a wholly-owned subsidiary of Sunway Construction Group Bhd (SunCon), has accepted a letter of award from a US-headquartered multinational technology corporation for the core and […]