Newsfeed – Business News
Fed’s Bostic calls for patience and prudence
Federal Reserve Bank (Fed) of Atlanta president Raphael Bostic says officials must wait for further clarity on President Donald Trump’s policies before adjusting interest rates. Read full story Date: […]
UK consumer spending remains strong in boost for growth hopes
UK households increased their spending in March as consumer demand defied an imminent rise in household bills, according to reports from the British Retail Consortium (BRC) and Barclays. Read full […]
Bank Rakyat appoints Ahmad Shahril as CEO
KUALA LUMPUR: Bank Rakyat has appointed Ahmad Shahril Mohd Shariff as chief executive officer (CEO), effective April 9, 2025. Read full story Date: 16 April, 2025 12:05 am Source: thestar.com.my
Petronas Gas estimates earliest gas restoration in Putra Heights by July 1, 2025
KUALA LUMPUR: Petronas Gas Bhd (PGB) estimates that gas restoration in Putra Heights, Subang Jaya, could take place by July 1, 2025, at the earliest, subject to the outcome of […]
Scope Industries disposes of loss-making subsidiary for RM96.7mil
PETALING JAYA: Scope Industries Bhd is disposing of its wholly-owned subsidiary, Scope in Scope Manufacturers (M) Sdn Bhd (SMSB), to Singapore-based Luxshare Precision Singapore Pte Ltd for RM96.7mil. Read full […]
Skygate acquires 51% stake in engineering firm for RM10.7mil
PETALING JAYA: Skygate Solutions Bhd is acquiring a 51% stake in Leader Range Technology (LRT) for RM10.71mil. Read full story Date: 15 April, 2025 9:01 pm Source: thestar.com.my
Ringgit ends almost flat vs US dollar on cautious sentiment
KUALA LUMPUR: The ringgit ended almost flat against the US dollar today as traders remain cautious ahead of the trade talks between the United States and Japan this Thursday, said an analyst. […]
Keyfield acquires DP2 cable laying barge for RM90.8mil
PETALING JAYA: Keyfield International Bhd is acquiring a new Dynamic Positioning 2 98-metre long cable-laying barge from Taizhou Sanfu Ship Engineering Co Ltd China for RM90.8mil). Read full story Date: […]
Malaysia keeps May crude palm oil export duty at 10%, lowers reference price
KUALA LUMPUR: Malaysia has maintained its May export tax for crude palm oil at 10% and lowered its reference price, a circular on the Malaysian Palm Oil Board website showed […]
FBM KLCI extends gains for second day, tracking regional markets
KUALA LUMPUR: The FBM KLCI closed higher for the second straight day on Tuesday, tracking gains in regional bourses as investor sentiment improved. Read full story Date: 15 April, 2025 […]