Newsfeed – Business News
Ringgit rallies against greenback on weak US data
KUALA LUMPUR: The ringgit extended its gains against the US dollar at Friday’s open, buoyed by continued weakness in US economic data, an analyst said. Read full story Date: 13 […]
Bursa Malaysia opens lower, bucking Wall Street gains on weak sentiment
KUALA LUMPUR: Bursa Malaysia opened lower on Friday, bucking overnight gains on Wall Street, as a lack of fresh catalysts and waning risk appetite weighed on investor sentiment. Read full […]
Quick Take: O&G counters rise as Middle East tensions drive crude surge
KUALA LUMPUR: Oil and gas-related counters continued to trend higher in early trade on Friday, defying the weaker broader market, amid growing concerns over escalating tensions in the Middle East. […]
Oil jumps more than 7% as Israel strikes Iran, rattling investors
OIL prices jumped more than 7% on Friday, hitting their highest in months after Israel said it struck Iran, dramatically escalating tensions in the Middle East and raising worries about […]
Trading ideas: BAuto, George Kent, JcbNext, CHHB, Thong Guan, BLand, UEM Edgenta
KUALA LUMPUR: Companies that could be in the spotlight following recent announcements include Bermaz Auto Bhd’s (BAuto), George Kent (M) Bhd, JcbNext Bhd, Country Heights Holdings Bhd (CHHB), Thong Guan […]
FTC to ramp up antitrust agenda
President Lee Jae-myung’s recent call to strengthen the Fair Trade Commission (FTC) is expected to accelerate regulatory scrutiny of unfair practices by major platform operators and conglomerates, particularly those impacting […]
Holiday season sustains consumer spending post-festivals
Ramadan and Idul Fitri have passed, and consumer spending during this year’s Muslim holiday season was quite good, although not as high as in 2024. Read full story Date: 13 […]
Daimler opens new bus, truck factory in Cikarang
PT Daimler Commercial Vehicles Manufacturing Indonesia (DCVMI), a subsidiary of Germany’s Daimler Truck, officially opened a new factory in Cikarang, West Java to manufacture buses and trucks for both domestic […]
BUILT TO LAST, BUILT TO GIVE
Establishing Sunsuria Bhd in the late 80s was no easy feat for Tan Sri Datuk Ter Leong Yap. He took a calculated risk, mortgaging his house to kickstart his first […]
US weekly jobless claims steady at higher levels
WASHINGTON: The number of Americans filing new applications for unemployment benefits was unchanged at higher levels last week as labour market conditions continued to steadily ease. Read full story Date: […]