Newsfeed – Business News
MISC’s net profit rises to RM541.8mil in 3Q, declares 8c div/share
KUALA LUMPUR: MISC Bhd’s bottomline rose in the third quarter ended Sept 30, 2025, with the largest growth contribution arising from a floating, production, storage and offloading (FPSO) vessel, which […]
Crest Builder unit bags RM299.39mil contract for Desa Parkcity office tower
KUALA LUMPUR: Crest Builder Holdings Bhd said its wholly-owned subsidiary Credt Builder Sdn Bhd has secured a RM299.39mil contract from Perdana Parkcity Sdn Bhd for the construction of an office […]
FBM KLCI to reach 1,700 by year-end if banking sector is positive – Maybank IB
KUALA LUMPUR: Maybank Investment Bank Bhd believes the FTSE Bursa Malaysia KLCI (FBM KLCI) could still reach the 1,700 level by year’s end, provided there is positive price movement in […]
S&P raises 2026 GDP forecast for Asia-Pacific to 4.2%, for Malaysia to 4.5%
KUALA LUMPUR: S&P Global Ratings has lifted its 2026 gross domestic product (GDP) growth forecast for Asia-Pacific to 4.2 per cent from 4.0 per cent, with the Malaysian economy now […]
Asian markets recorded US$6.73bil outflow last week
KUALA LUMPUR: Foreign investors were net sellers for the week ended Nov 21, 2025 across eight markets, with total outflows reaching US$6.73 billion, about 1.9 times more than the week […]
Oil falls as Ukraine peace talks edge toward a solution
PERTH: Oil prices slipped Monday, extending losses from last week, as Russia-Ukraine peace talks edged closer to a solution and the U.S. dollar strengthened. Read full story Date: 24 November, […]
Stocks rise as traders push up bets of December Fed cut
SINGAPORE: Global stocks began an event-filled week on the front foot on Monday, as investors took heart from growing expectations of a Federal Reserve rate cut in December even as […]
FBM KLCI stays range-bound in absence of fresh catalysts
KUALA LUMPUR: The FBM KLCI started the week on a slightly positive footing following the previous week’s strong selling pressure as investors’ expectations of a US rate cut for December […]
Ringgit opens slightly higher vs US$ amid mixed Fed signals
KUALA LUMPUR: The ringgit opened slightly firmer against the US dollar on Monday, though sentiment stayed guarded as conflicting remarks from US Federal Reserve (Fed) officials left investors uncertain about […]
YTL explores IPP, data centre and AI prospects in South Africa
NAIROBI: Multinational conglomerate YTL Group has been exploring opportunities in the independent power producer (IPP) sector, data centres and artificial intelligence (AI), said YTL Power International Bhd executive director Yeoh […]