Newsfeed – Business News
ACE Market-bound SBS Nexus to raise RM30.63mil from IPO
KUALA LUMPUR: Branding and marketing solutions specialist company SBS Nexus Bhd aims to raise RM30.63 million from its initial public offering (IPO) ahead of its listing on Bursa Malaysia’s ACE […]
Stocks, precious metals rise; yen on intervention watch
SINGAPORE: Asia shares rose alongside precious metals on Tuesday as momentum buying from investors extended ahead of the festive holidays, with an advanced reading on U.S. GDP expected later in […]
Amova AM to raise stake in AHAM Asset Management to 97.7%
KUALA LUMPUR: Amova Asset Management Co Ltd (Amova AM) has entered into a conditional share purchase agreement to raise its stake in AHAM Asset Management Bhd (AHAM Capital) to 97.7% […]
Thailand’s baht, Malaysian ringgit hit multi-year highs; Singapore stocks at fresh peak
THE Malaysian ringgit and Thailand’s baht climbed to multi-year peaks against a frail U.S. dollar on Tuesday, leading gains in emerging Asian currencies, while financials helped Singapore stocks notch an […]
Six enterprises face possible penalties for alleged bid-rigging cartel
PETALING JAYA: The Malaysia Competition Commission (MyCC), an agency under the Ministry of Domestic Trade and Cost of Living (KPDN) has issued a proposed decision against six enterprises for their […]
Stratus Global eyes Main Market listing
PETALING JAYA: Stratus Global Holdings Bhd is eyeing a listing on the Main Market of Bursa Malaysia. Read full story Date: 23 December, 2025 4:00 pm Source: thestar.com.my
China’s new-style tea brands find a hot new market in US
AFTER becoming established in the Southeast Asian market, Chinese new-style tea brands are now turning to dig gold in the United States, looking for new opportunities. Read full story Date: […]
FIMM Reprimands five active/former unit trust scheme consultants for misconduct
KUALA LUMPUR: The Federation of Investment Managers Malaysia (FIMM) has reprimanded five former unit trust scheme (UTS) consultants for their misconduct/breaches of FIMM’s consolidated rules. Read full story Date: 23 December, […]
OCBC, Bank of Ningbo partner with Johor Govt, agencies to promote JS-SEZ in Beijing
JOHOR BAHRU: OCBC and its associate company Bank of Ningbo recently partnered with the Johor state government, Malaysian Investment Development Authority (MIDA), Invest Johor and Iskandar Regional Development Authority (IRDA) to […]
Gold hits record high on safe-haven demand; silver climbs to new peak
GOLD soared to a record high on Tuesday, coming within a whisker of breaching the $4,500-per-ounce level, as investors flocked to the safe-haven metal on U.S.-Venezuela tensions, while silver also […]