Newsfeed – Business News
Globaltec’s subsidiary inks partnership to develop gas fields in South Sumatra
KUALA LUMPUR: Globaltec Formation Bhd’s 70%-owned subsidiary NuEnergy Gas Ltd is collaborating with PT Beijing Energy Linking (PT BJEL) to develop its coalbed methane (CBM) Production Sharing Contracts (PSCs) in […]
Australian dollar hovers near highs on many crosses, bonds rally
SYDNEY: The Australian dollar hovered near new highs on many crosses on Thursday, buoyed by the recent bullish run in commodities and prospects of rate rises at home. Read full […]
Oil prices recover, stocks wobble as investors weigh geopolitics, US data
SINGAPORE: Oil prices steadied on Thursday after their recent slide, while stocks were off to a rocky start as investors assessed the implications of deepening geopolitical tensions and mixed U.S. […]
FBM KLCI falls as bearish momentum picks up
KUALA LUMPUR: The FBM KLCI edged lower as trading commenced on Thursday, as investors continued to drag their feet amid the lack of buying enthusiasm for local equities. Read full […]
Ringgit opens firmer against US$, major currencies
KUALA LUMPUR: The ringgit opened firmer against the US dollar and major currencies on Thursday, supported by stable regional foreign exchange conditions, despite firmer US economic data overnight. Read full […]
Samsung expects Q4 operating profit to triple to record high on chip shortage
SEOUL: Samsung Electronics on Thursday projected a three-fold jump in fourth-quarter operating profit from a year earlier to a record high as tight supply and a surge in artificial intelligence-driven […]
Trading ideas: Hibiscus, A1, Paramount, Vantris, Tien Wah, LGMS, Oriental, Sentoria, Sinmah, Central Global, Kee Ming, Hock Soon, Adnex
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia. Read full story Date: 8 January, 2026 9:00 am Source: thestar.com.my
S&P 500 ends lower, AI stocks buoy Nasdaq
The S&P 500 ended lower on Wednesday, pulled down by declines in JPMorgan, Blackstone and other financials, while Nvidia and Alphabet lifted the Nasdaq as investors shifted toward AI-related stocks. […]
South Korea launches special audit over Apec summit spending
South Korea’s top business lobby, the Korea Chamber of Commerce and Industry (KCCI), is set to undergo a special government audit following allegations of fund misappropriation and excessive spending linked […]
Food and gold push Indonesia’s inflation to highest level since 2022
Inflation in 2025 reached the highest level in three years, spurred by increasing prices for various food commodities but also for gold, as the precious metal reached record highs in […]