Newsfeed – Business News
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: […]
Thong Guan terminates F&B unit sale to major shareholder
PETALING JAYA: Thong Guan Industries Bhd will not go ahead with its plan to sell its food and beverage (F&B) business to its largest shareholder, Foremost Equals Sdn Bhd (FESB). […]
Boeing shares fall nearly 8% after Air India plane crashes
Shares of planemaker Boeing fell nearly 8% in premarket U.S. trading on Thursday after an Air India aircraft with 242 people crashed minutes after taking off from India’s western city […]
BAuto anticipates challenging year ahead
PETALING JAYA: Bermaz Auto Bhd (BAuto) anticipates its performance for the financial year ending 30 April 2026 to be challenging. Read full story Date: 12 June, 2025 9:03 pm Source: […]
JcbNext reduces stake in Taiwan-listed firm
PETALING JAYA: JcbNext Bhd has disposed of 647,846 shares (or 1.95%) in Taiwan-based 104 Corp for RM20.05mil in the open market of the Taiwan Stock Exchange. Read full story Date: […]
George Kent advances smart metering with the nation’s first branded ultrasonic water meter
PETALING JAYA: George Kent (M) Bhd has announced a strategic partnership with Shanghai-listed Qingdao Topscomm Communication Co Ltd (Topscomm) for the development of GK Ultra, the nation’s first locally branded […]
FBM KLCI rises for second day amid trade uncertainty
KUALA LUMPUR: The FBM KLCI closed higher for the second straight day amid cautious sentiment, supported by selective buying in heavyweight stocks. Read full story Date: 12 June, 2025 6:05 […]
US dollar hits 7-week lows, focus on rate outlook, trade talks
THE dollar slid on Thursday on heightened expectations of Federal Reserve rate cuts this year and lingering uncertainty over tariff battles. Read full story Date: 12 June, 2025 6:05 pm […]
UK economy shrinks by the most since 2023 as U.S. tariffs hit
LONDON: Britain’s economic output fell sharply in April, reflecting shockwaves from U.S. President Donald Trump’s announcement of wide-ranging tariffs and the end of a tax break on property sales, official […]