Newsfeed – Business News
Bursa Malaysia in a sea of red as over 800 counters tumble
KUALA LUMPUR: Bursa Malaysia closed in a sea of red on Friday, with more than 800 counters falling amid broad-based selling. Read full story Date: 28 November, 2025 6:02 pm […]
High gold prices hit demand across major Asian hubs
GOLD demand was subdued across major Asian markets this week, as high prices curbed retail buying even as India entered its wedding season, while in China, the removal of a […]
CME trading halted due to cooling issue at data centres
SINGAPORE: Exchange operator CME Group said on Friday it has halted trading in currencies, stock futures and commodities due to a cooling issue at data centres, freezing major market benchmarks. […]
Malaysian banking remains robust in October 2025
KUALA LUMPUR: Malaysia’s banking system remained resilient in October 2025, with Bank Negara reporting healthy liquidity buffers and stable asset quality. Read full story Date: 28 November, 2025 4:01 pm […]
China’s Baidu starts layoffs after reporting third-quarter loss – sources
BEIJING/SHANGHAI: China’s Baidu started layoffs this week that will hit multiple business units, six sources briefed on the matter said, as the company struggles with intensifying competition in artificial intelligence […]
Dollar on track for worst week in four months as case for Fed cut builds
SINGAPORE: The dollar was heading for its worst weekly performance since late July on Friday as traders ramped up bets for further U.S. monetary easing next month, while an outage […]
Bank Islam records net profit of RM382.18mil in 9M25, declares 10c div/share
KUALA LUMPUR: Bank Islam Malaysia Bhd registered a slight decline in net profit over the nine months period to Sept 30, 2025 (9MFY25), as it incurred higher overhead costs and […]
E&O posts 2Q net profit jump to RM50.24mil
KUALA LUMPUR: Eastern & Oriental Bhd (E&O) said it remains cautiously optimistic about the property market, amid its ongoing focuses on delivering high-quality developiments on scehdule while upholding financial discipline. […]
Investment grows as firms make tech shift
CHINA’s outbound direct investment will grow steadily this year, enabling Chinese companies to tap into wider markets and support longer-term economic expansion in host countries, said experts and business leaders. […]
MSM Malaysia says low raw sugar prices bolster 2026 prospects
KUALA LUMPUR: MSM Malaysia Bhd is looking forward to better prospects in 2026 due to low raw sugar prices, even as it acknowledged continued challenges in the current financial year. […]