Newsfeed – Business News
Ekovest, Lim Kang Hoo extend proposed CRSB acquisition to Jan 26
KUALA LUMPUR: Ekovest Bhd and its major shareholder, Tan Sri Lim Kang Hoo, have agreed to extend the deadline to finalise discussions on the proposed acquisition of Credence Resources Sdn […]
Resintech unit secures RM16 mil HDPE pipes contract in Cambodia
PETALING JAYA: Resintech Bhd’s wholly-owned subsidiary, Resintech Plastics (M) Sdn Bhd has a contract agreement with Phnom Penh Water Supply Authority (PPWSA) for the supply and delivery of high-density polyethylene […]
FBM KLCI breaks winning streak on profit-taking
KUALA LUMPUR: The FBM KLCI snapped its winning streak on profit-taking, ending the session slightly lower as selling pressure weighed on the broader market. Read full story Date: 26 December, […]
Record gold rally cools Indian buying; China discounts narrow
GOLD discounts in India widened to their highest in more than six months this week as a relentless price rally curbed retail buying, while discounts in China narrowed sharply from […]
China to rein in copper, alumina capacity expansion under next five-year plan
CHINA will tighten oversight of new copper and alumina projects to curb irrational investment and disorderly expansion from 2026 to 2030, the country’s top economic planner said on Friday. Read […]
PETRONAS Gas announces revised RP3 gas tariffs
KUALA LUMPUR: PETRONAS Gas Bhd (PGB) announced revised tariffs for its gas transportation and regasification services under Regulatory Period 3 (RP3), to be implemented from Jan 1, 2026 to Dec […]
Asian equities eye strong weekly gains; Taiwan, S.Korea lead tech-driven surge
MOST Asian equities were set for their strongest week in more than a month on Friday, buoyed by a rally in technology shares, with Taiwan’s benchmark index hitting a record […]
China’s PBOC signals caution on rapid yuan gain as it nears key 7 mark
THE yuan slipped against the dollar on Friday after China’s central bank sent a strong signal through its midpoint fixing, cautioning against a rapid appreciation of the currency which hovered […]
Gas Malaysia distribution tariff set at RM1.880/GJ/day under RP3
KUALA LUMPUR: Gas Malaysia Bhd said the base average tariff for users of the natural gas distribution system operated by its wholly-owned unit, Gas Malaysia Distribution Sdn Bhd (GMD), has […]
Oil rises slightly as market weighs supply risks
OIL prices nudged higher on Friday after the U.S. put greater economic pressure on Venezuelan oil shipments and carried out airstrikes against Islamic State militants in Nigeria’s Sokoto state, in […]