Newsfeed – Business News
Safra pays US$2bil dividend to its owners ahead of tax hike
SAO PAULO: Banco Safra SA paid 11 billion reais (US$2bil) in dividends and interest to the owners of its parent company in 2025, ahead of higher taxes that will kick […]
AI chipmaker Cerebras taps Morgan Stanley for IPO return
NEW YORK: Cerebras Systems Inc has picked Morgan Stanley to lead its initial public offering (IPO), according to people familiar with the matter, as the artificial intelligence (AI) chipmaker mounts […]
Oil surge sends bond traders to inflation hedges
NEW YORK: Investors are piling into US bond-market products that protect against inflation – pushing some valuations to the highest levels in nearly a year – as the Mideast war […]
US private credit defaults hit record 9.2%
WASHINGTON: The default rate among US corporate borrowers of private credit rose to a record 9.2% in 2025, according to a report last Friday by credit rating agency Fitch Ratings. […]
Outsourcing no more the in-thing
For long, the global business process outsourcing (BPO) industry has prospered. Companies outsourced non-core functions like customer support, payroll processing, billing, collections, information technology (IT) helpdesk and back-office operations. Read […]
An oil price to pay for conflict
The escalating tensions in the Middle East are likely to hurt the pockets of the Malaysian government. With oil prices rising due to the fighting, Malaysia’s fuel subsidy bill is […]
Strong wind in its sails
Eversendai Corp Bhd recorded an historical high in its revenue and bottom line for the financial year ended December (FY25). And it remains optimistic about its outlook for this year. […]
Win some, lose some
The financial results season for corporates in Malaysia concluded recently. And the verdict? Read full story Date: 9 March, 2026 1:00 am Source: thestar.com.my
Sights too high on highways?
Traffic projections for highway projects are usually very positive, especially at the outset. After all, the promoters need to get investors on board. Read full story Date: 9 March, 2026 […]
AEON Bank goes live with Zakat feature on digital banking app
KUALA LUMPUR: AEON Bank, in partnership with Tulus Digital, has gone live with a Zakat feature on its digital banking app, which will facilitate the fulfilment of Muslims’ mandatory obligation […]