Newsfeed – Business News
Tesla shares rise as investors cheer Musk-Trump peace call
TESLA shares rose on Friday as investors took some comfort from White House aides scheduling a call with CEO Elon Musk to broker peace after a public feud with U.S. […]
Swiss National Bank denies currency manipulation after being put on US watch list
ZURICH: The Swiss National Bank does not engage in currency manipulation, the central bank said on Friday, after the United States added Switzerland to a list of countries being monitored […]
Oil prices headed for rebound this week as US-China trade talks resume
SINGAPORE: Oil prices slipped on Friday but were on track for their first weekly gain in three weeks after U.S. President Donald Trump and Chinese leader Xi Jinping resumed trade […]
Pan Merchant aims to raise RM67.6mil from IPO
KUALA LUMPUR: Solid-liquid filtration solutions provider Pan Merchant Bhd aims to raise RM67.6 million from its initial public offering (IPO) en route to a listing on the ACE Market of […]
Bursa Malaysia appoints Azizan Abd Aziz as new CFO
KUALA LUMPUR: Bursa Malaysia Bhd has appointed Azizan Abd Aziz as its new chief financial officer (CFO), starting from Aug 1, 2025. Read full story Date: 6 June, 2025 3:03 […]
FBM KLCI sees muted trading action ahead of the weekend
KUALA LUMPUR: Trading on Bursa Malaysia remained subdued ahead of the weekend as investors awaited the release of US payrolls data, a key indicator of economic health amid the ongoing […]
PETRONAS subsidiaries mostly lower in early session amid workforce cut announcement
KUALA LUMPUR: Petroliam Nasional Bhd’s (Petronas) four listed subsidiaries among Bursa Malaysia’s top 30 showed mixed performance in early trading amid its plan to cut 10 per cent of its […]
Lack of trading interest snuffs out market rally
KUALA LUMPUR: A two-day rally on the domestic market fizzled out by Friday as the FBM KLCI opened on a flat note amid an absence of positive catalysts. Read full […]
Ringgit advances vs US$ amid weak US data and tariff concerns
KUALA LUMPUR: The ringgit continues to strengthen against the US dollar on Friday, as the United States (US) economic data points to further weakening amid concerns over tariffs and fiscal […]
OCBC offers US$700mil for remaining 6.28% of insurer Great Eastern
OVERSEA-Chinese Banking Corp is now offering to buy out the chunk of insurer Great Eastern that it does not already own, for S$900 million ($699.90 million), almost a year after […]