Newsfeed – Business News
MARC Ratings affirms Malaysia’s sovereign rating at AAA
KUALA LUMPUR: MARC Ratings has affirmed its unsolicited public information sovereign rating on Malaysia at AAA with a stable outlook based on the rating agency’s national rating scale. Read full […]
Borneo Oil’s associate Verde Resources seeks Nasdaq listing, raising US$5–US$8mil
KUALA LUMPUR: Borneo Oil Bhd said its quoted investment, Verde Resources Inc (VRDR), has filed a registration statement with the US Securities and Exchange Commission for an underwritten public offering […]
Gold climbs above US$4,500 in historic rally for precious metals
GOLD rose to an all-time high above $4,500 an ounce on escalating tensions in Venezuela and expectations for more US rate cuts. Silver and platinum also advanced to records. Read […]
FBM KLCI edges higher at midday amid selective buying
KUALA LUMPUR: The FBM KLCI moved back into positive territory by the lunch break, as some selective buying emerged despite mixed sentiment across the broader market. Read full story Date: […]
Japan plans US$189bil new debt issuance in next year’s budget, draft shows
TOKYO: Japan plans to issue new government bonds worth around $189 billion to fund a record-size budget for next fiscal year, a draft reviewed by Reuters showed on Wednesday, underscoring […]
PNB Merdeka Ventures secures ISO 9001:2015 certification
KUALA LUMPUR: PNB Merdeka Ventures Sdn Bhd (PNBMV) has achieved the ISO 9001:2015 certification, the internationally recognised standard for quality management systems. Read full story Date: 24 December, 2025 1:00 […]
Johor Plantations achieves 3-star FTSE ESG rating, joins FTSE4Good index
KUALA LUMPUR: Johor Plantations Group Bhd (JPG) has received a 3-star environmental, social and governance (ESG) rating under the FTSE Russell ESG Ratings framework. Read full story Date: 24 December, […]
Stocks up as markets wind down to bumper year; gold and silver smash records
SYDNEY: Asian shares advanced on Wednesday, capping a year of brisk artificial intelligence-driven gains, while commodities such as gold and silver extended their bullish run to new all-time highs as […]
Dollar set for worst year since 2003 as rate outlooks diverge
SINGAPORE: The U.S. dollar was headed for its worst annual performance in more than two decades on Wednesday as investors wagered the Federal Reserve would have room to cut rates […]
Saks Mulls bankruptcy after raising billions for turnaround
SAKS Global Enterprises, facing limited options ahead of a more than $100 million debt payment due at the end of this month, is considering Chapter 11 bankruptcy as a last […]