Newsfeed – Business News
IJM board recommends shareholders reject Sunway’s ‘not fair and not reasonable’ offer
KUALA LUMPUR: The board of directors of IJM Corp Bhd recommends that shareholders reject the takeover offer by Sunway Bhd, as it unanimously concurs with independent advisor M&A Securities that […]
Asian stocks slide as Iran war keeps oil near US$100, dents rate-cut bets
SINGAPORE: Asian stocks slumped on Friday, poised for a second straight weekly decline as fast-dwindling hopes of a resolution to the U.S. and Israel’s war with Iran kept oil prices […]
Bursa Malaysia declines as energy crisis continues
KUALA LUMPUR: It is set to be another negative day on Bursa Malaysia with few positives to alleviate investor anxiety over the Iran war. Read full story Date: 13 March, […]
Ringgit opens easier against US$, firmer against majors
KUALA LUMPUR: The ringgit opened higher against a basket of major currencies but weakened against the US dollar on Friday, as escalating tensions in West Asia dampened risk appetite, an […]
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KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia. Read full story Date: 13 March, 2026 9:00 am Source: thestar.com.my
Morgan Stanley limits private credit redemptions
Wall Street banking giant Morgan Stanley has limited redemptions at one of its private credit funds after investors sought to withdraw almost 11% of shares outstanding, a regulatory filing shows. […]
Billions in IPOs yet SPACs take few firms public
After a flurry of initial public offerings (IPOs) that raised US$11.7bil this year, a new crop of blank-cheque firms are joining a long queue: all the other vehicles waiting for […]
LG Energy, Samsung SDI flex patent muscle
South Korea’s two leading battery makers – LG Energy Solution and Samsung SDI – highlighted their patent strength at InterBattery 2026, signalling an intensifying race to secure next-generation battery technologies […]
OJK projects MSME loans to expand 9%
The Financial Services Authority (OJK) has projected micro, small and medium enterprise (MSME) credit to grow between 7% and 9% year-on-year this year, following a moderation at the start of […]
Fitch cuts outlook on Indonesian banks
Fitch Ratings has changed the outlook on several large Indonesian banks to “negative” while affirming their current ratings, following its recent downward revision of the country’s sovereign rating outlook. Read […]