Newsfeed – Business News
Indonesia vows market reform after US$80bil rout; bourse chief quits
JAKARTA/SINGAPORE: Indonesia’s chief economic minister promised increased financial market transparency and improved corporate governance on Friday, after the stock exchange chief resigned to take responsibility for a $80 billion share […]
Asian currencies ease as dollar gains on Fed chair speculation
ASIAN currencies eased on Friday as the dollar gained after U.S. President Donald Trump said he would soon nominate his choice to head the Federal Reserve, while Indonesian stocks recovered […]
Trump to announce his Fed chief pick on Friday
WASHINGTON: President Donald Trump said on Thursday he intends to announce his pick to replace Federal Reserve Chair Jerome Powell on Friday, with speculation intensifying that the nod will go […]
Bank Negara rejects using ringgit to help exports
MALAYSIA’s central bank said strong growth and ongoing reforms would provide support for the ringgit, ruling out using the currency to support exports, which it said are determined by global […]
MISC consortium executes vessel time charter for Norway’s Northern Lights project
KUALA LUMPUR: MISC Bhd’s consortium with Kawasaki Kisen Kaisha Ltd (K Line) has executed a long-term time charter agreement wtih Northern Lights JV DA for a new build 12,000 cubic […]
Hartanah Kenyalang unit to construct Sibu prison for RM275.33mil
KUALA LUMPUR: Hartanah Kenyalang Bhd said its wholly-owned subsidiary Hartanah Construction Sdn Bhd has accepted a design-and-build contract from the Public Works Department for the construction of a prison in […]
Malaysia’s official reserve assets at US$125.53bil as at end-Dec 2025
KUALA LUMPUR: Malaysia’s official reserve assets amounted to US$125.53 billion, while other foreign currency assets stood at US$266.1 million as at end-December 2025. Read full story Date: 30 January, 2026 […]
Malakoff announces extension of 2,082GW gas power supply
KUALA LUMPUR: Three gas power plants belonging to Malakoff Corp Bhd with an aggregate capacity of 2,082MW have been selected for the extension of their operaitons until Dec 31, 2029. […]
Westports’ FY25 net profit jumps to RM998.31mil, declares 11.92c interim div
KUALA LUMPUR: Westports Holdings Bhd is projecting a single-digit growth rate in container volume in 2026 as the global economy sustains its positive growth momentum. Read full story Date: 30 […]
Steel Hawk unit bags four subcontracts for TNB works valued at combined RM41.34mil
KUALA LUMPUR: Steel Hawk Bhd’s wholly-owned subsidiary Steek Hawk Engineering Sdn Bhd has secured four subcontracts from Ibrahim & Sons Engineering Sdn Bhd for electrical infrastructure works for Tenaga Nasional […]