Newsfeed – Business News
Ringgit opens lower against US$ ahead of FOMC meeting
KUALA LUMPUR: The ringgit opened marginally lower against the US dollar this morning and is expected to maintain trade within a tight range in light of the mixed market sentiments […]
Fitch Ratings expects Apac sovereigns to remain resilient in 2026
KUALA LUMPUR: Fitch Ratings expects most Asia Pacific sovereigns to remain resilient to subdued global demand in 2026 despite modestly lower gross domestic product (GDP) growth for some export-oriented economies. […]
Orkim opens unchanged at 92 sen on Main Market debut
PETALING JAYA: Clean petroleum product (CPP) tanker operator Orkim Bhd’s shares opened flat at 92 sen, matching its initial public offering (IPO) price on its debut on the Main Market […]
Trading ideas: MISC, SimeProp, Perak, XOX, Quality Concrete, Gagasan Nadi, JAG, IOIPG, Tanco, DRB-Hicom, Ramssol, SMRT
KUALA LUMPUR: Here are the announcements that made headlines in Corporate Malaysia. Read full story Date: 9 December, 2025 9:00 am Source: thestar.com.my
US stocks end lower as investors wait for Fed rate decision
WALL Street’s main indexes closed lower on Monday, with most S&P 500 industry sectors in the red, while Treasury yields gained as investors waited nervously for the Federal Reserve monetary […]
Oil falls 2% as Iraqi oilfield production restored, Ukraine talks continue
HOUSTON: Oil prices slipped 2% on Monday after Iraq restored production at one of its oilfields which accounts for 0.5% of world oil supply, while investors weighed ongoing talks to […]
Altice seeks cooperation agreement from creditors
LUXEMBOURG: Altice International has asked a group of secured creditors to send a copy of the cooperation agreement that binds them to act together in negotiations with the company before […]
OpenAI goes from stock market saviour to burden
NEW YORK: Wall Street’s sentiment towards companies associated with artificial intelligence (AI) is shifting, and it centres on two firms: OpenAI is down, and Alphabet Inc is up. Read full […]
G7’s Russian oil tanker ban shows teeth, but bite is in doubt
THE Group of Seven’s or G7’s proposed plan to bar tankers from hauling Russian oil ups the ante in the West’s economic stand-off with Moscow, but the ultimate bite hinges […]
DRB-Hicom unit acquires Spirit Aerosystem
PETALING JAYA: Composites Technology Research Malaysia Sdn Bhd (CTRM), a wholly owned unit of DRB-Hicom Bhd, has completed its acquisition of Spirit AeroSystems Malaysia Sdn Bhd, strengthening its role in […]