Newsfeed – Business News
Bursa Malaysia ends higher in sync with regional markets
KUALA LUMPUR: Bursa Malaysia rebounded from early losses to close higher today, supported by the upbeat performance of regional peers amid improved investor sentiment. Read full story Date: 17 April, […]
ACE Market-bound WTEC’s IPO oversubscribed 1.61 times
KUALA LUMPUR: WTEC Group Bhd’s initial public offering (IPO) has been oversubscribed by 1.61 times ahead of its listing on the ACE Market of Bursa Malaysia Securities Bhd on April […]
Luxury brand Hermes to pass on tariff costs to US clients as sales growth slows
PARIS: France’s Hermes will fully shift the burden of tariffs in the United States to its wealthy clientele, the company said on Thursday, as it posted first-quarter sales that slightly […]
MAG tightens cost discipline as US tariffs threaten aircraft component prices
KUALA LUMPUR: Malaysia Aviation Group (MAG) will reinforce its cost discipline as United States (US) tariffs are anticipated to drive up the cost of aircraft components by between five per […]
Sunsuria, Kwasa Land to undertake RM492mil GDV project in Kwasa Damansara
KUALA LUMPUR: Sunsuria Bhd’s subsidiary Sunsuria Damansara Sdn Bhd has formed a strategic partnership with Kwasa Land Sdn Bhd, a unit of the Employees Provident Fund, to develop a new […]
Malaysia, China to deepen strategic cooperation in four key sectors
KUALA LUMPUR: Malaysia and China will deepen economic cooperation by focusing on four key sectors – the digital, green, blue, and tourism economies – with efforts aimed at enhancing integration […]
Oil heads for weekly rise as US adds sanctions on Iran, Opec cuts
SINGAPORE: Oil prices extended gains on Thursday on the prospect of tighter supply after Washington imposed further sanctions to curb Iranian oil trade and as some OPEC producers pledged more […]
T7 Global unit appointed EPCC for remote operations contractor for PETRONAS Carigali
KUALA LUMPUR: T7 Global Bhd’s wholly-owned subsidiary Tanjung Offshore Services Sdn Bhd has been given a five-year appointment as a panel contractor for engineering, procurement, construction and commissioning for remote […]
FBM KLCI shrugs off slow start as China investment optimism lifts
KUALA LUMPUR: The positive sentiment surrounding the investment deals made during China President Xi Jinping’s visit to Malaysia spurred buying interest in Bursa Malaysia. Read full story Date: 17 April, […]
Earnings visibility, prospects bolster Reach Ten’s appeal
KUALA LUMPUR: Main Market-bound Reach Ten Holdings Bhd gets its appeal from its recurring revenue streams, which provides a solid foundation for future earnings, said Malacca Securities Research. Read full […]