Newsfeed – Business News
Bursa Malaysia inches up as caution reins in bulls
KUALA LUMPUR: Bursa Malaysia ended the morning session slightly higher, lifted by gains in oil and gas stocks, although overall market sentiment remained cautious amid external uncertainties. Read full story […]
Research houses maintain 4.0% GDP growth forecast for 2025
KUALA LUMPUR: CIMB Securities Sdn Bhd is maintaining its 2025 gross domestic product (GDP) forecast for Malaysia at 4.0 per cent and believes that Bank Negara Malaysia (BNM) may reduce the […]
PETRONAS ramps up global LNG push to support China’s energy transition
PETRONAS, Malaysia’s State-owned energy group, will accelerate the expansion of its global liquefied natural gas (LNG) portfolio to support China’s growing energy needs, as the world’s second-largest economy deepens efforts […]
Gold rises on weaker dollar, rising Middle East tensions
Gold prices rose on Thursday, bolstered by rising tensions in the Middle East and a weaker dollar, while softer-than-expected U.S. inflation data boosted expectations of Federal Reserve rate cuts. Read […]
O&G stocks climb on Bursa as oil hits two-month high amid US-Iran tensions
KUALA LUMPUR: Oil and gas (O&G) and related stocks were among the top gainers on Bursa Malaysia in early Thursday trade, lifted by stronger oil prices amid escalating US-Iran tensions. […]
Trump says willing to extend trade talks deadline, but says that won’t be necessary
WASHINGTON: U.S. President Donald Trump said on Wednesday he would be willing to extend a July 8 deadline for completing trade talks with countries before higher U.S. tariffs take effect, but […]
Trading ideas: Binastra, Tower REIT, Capital A, VS Industry, Bertam Alliance, SCIB
KUALA LUMPUR: Binastra Corp Bhd, Tower Real Estate Investment Trust (Tower REIT), Capital A Bhd, V.S. Industry Bhd (VSI), Sarawak Consolidated Industries Bhd (SCIB) and Bertam Alliance Bhd are among […]
Auto sales remain weak as demand softens
Car sales remained weak in May as slowing economic growth continued to weigh on demand, with both factory shipments and retail purchases recording a double-digit decline compared to a year […]
Developers push back on plan to raise landed house tax
Property developers voice opposition to the government’s plan to increase taxes on landed houses in urban areas, a move aimed at encouraging people to shift towards high-rise living. Read full […]
Lee Jae-myung targets big spending, bigger control
President Lee Jae-myung has assembled a pro-spending economic team to spearhead his early policy agenda, while leaving the key post of Finance Minister vacant, a move widely seen as a […]