Newsfeed – Business News
US stocks end down as Tesla slumps on Trump-Musk feud
Wall Street’s stock indices ended lower on Thursday in choppy trade as a slump in Tesla shares offset news of progress in tariff talks between US President Donald Trump and Chinese leader […]
Oil settles up as US, China agree to more trade talks
Oil prices settled higher on Thursday, recovering from the previous day’s drop, on news that the US and China agreed to more trade talks following a phone call between US President […]
AMMB returns to the FBM KLCI, HLFG excluded
KUALA LUMPUR: AMMB Holdings Bhd will replace Hong Leong Financial Group Bhd on the FBM KLCI, following a semi-annual review of the index. Read full story Date: 6 June, 2025 […]
Pockets of opportunity
Corporate Malaysia is offering very little excitement to investors heading into the second half of 2025 (2H25), after a disappointing first-quarter earnings season and an erratic foreign fund flow trend. […]
Bright Packaging diversifies into oil palm sector
Bright Packaging Industry Bhd has entered into a new joint-venture agreement (JV) with Datai Plantations Sdn Bhd (DPSB) for the purpose of further diversity and increasing its investment in oil […]
UMedic expects rising demand for healthcare
UMediC Group Bhd is optimistic about its growth outlook, backed by strategic initiatives and sustained demand in the healthcare sector, including facility upgrades, medical tourism, and efforts to ease overcrowding. […]
Econpile wins RM43mil LRT contract
Econpile Holdings Bhd has accepted a letter of award from Irama Duta Sdn Bhd to undertake construction work for the Projek Rapid Transit Aliran Ringan (LRT) Pulau Pinang–Laluan Mutiara (Package […]
Paramount still keen on foreign markets
Property developer Paramount Corp Bhd remains committed to overseas property investment amid market uncertainty and Eco World International Bhd’s (EWI) plans to re-enter the Malaysian property scene. Read full story […]
PETRONAS not exiting Canada, says group CEO
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) has reiterated that the company is not exiting Canada. Read full story Date: 6 June, 2025 12:07 am Source: thestar.com.my
Ringgit ends higher on weaker US$, cautious inflation outlook
KUALA LUMPUR: The ringgit closed higher against the US dollar on Thursday, supported by a weaker greenback following downbeat United States economic data, as investors shifted into risk-on mode. Read […]