Newsfeed – Business News
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 […]
Ringgit opens higher vs US$ as tariff uncertainties linger
KUALA LUMPUR: The ringgit opened higher against the US dollar on Thursday, but trading remained range-bound as traders continued to monitor uncertainties surrounding US tariff policies. Read full story Date: […]
Hibiscus Petroleum unit inks US$100mil financing with Bank Islam Brunei Darussalam and Baiduri Bank
KUALA LUMPUR: Hibiscus Petroleum Bhd via its wholly-owned subsidiary, Simpor Hibiscus Sdn Bhd, has entered into a long-term US$100mil syndicated Islamic financing facilities agreement with Bank Islam Brunei Darussalam and […]
Losses on Bursa Malaysia limited by optimism over China visit
KUALA LUMPUR: Investors on Bursa Malaysia shrugged off a tech-driven slump on Wall Street overnight as news of further Malaysia-China cooperations helped to keep the domestic market on an even […]
Singapore March exports rise 5.4% y/y, less than forecast
SINGAPORE: Singapore’s non-oil domestic exports rose 5.4% in March from the same month a year earlier, government data showed on Thursday, with shipments of both electronics and non-electronics increasing. Read […]
Intel will need licence to export AI chips to Chinese clients, FT reports
AMERICAN chipmaker Intel has informed Chinese clients it will start needing a license to sell some of its advanced artificial intelligence processors, the Financial Times reported on Wednesday. Read full […]
Trading ideas: Nextgreen, Sapura Industrial, Gas Malaysia, Sapura Energy, Hextar Tech, Golden Land, Paragon Globe, Bina Puri, Affin, OCK, Nexgram, CLMT
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia. Read full story Date: 17 April, 2025 9:01 am Source: thestar.com.my
Oil rises as new US sanctions target Iran’s exports
Oil prices rose nearly 2% on Wednesday to a two-week high on concerns about global supplies after Washington issued new sanctions targeting Chinese importers of Iranian oil. Read full story […]
Indices drop as Fed’s Powell says growth may be slowing
US stocks ended sharply lower on Wednesday as Nvidia warned about steep charges from new US curbs on its chip exports to China and Federal Reserve chair Jerome Powell said US economic […]
Bank climate group backs strategy shift
Most banks in the industry’s biggest climate alliance endorsed a proposal that will refocus the group on providing financial support for the energy transition and also hold signatories to a […]