Newsfeed – Business News
WCT to launch RM5bil Islamic notes programme
KUALA LUMPUR: WCT Holdings Bhd plans to establish an Islamic notes issuance programme with an aggregate nominal value of up to RM5 billion, comprising senior Islamic medium-term notes and/or subordinated […]
Bank Islam appoints Raja Datin Paduka Teh Maimunah as group CEO
KUALA LUMPUR: Bank Islam Malaysia Bhd has announced Raja Datin Paduka Teh Maimunah Raja Abdul Aziz will assume the role of group CEO from April 1, 2026. Read full story […]
Bursa Malaysia lower at midday amid selling pressure
KUALA LUMPUR: Bursa Malaysia extended its downward momentum at midday on continued selling pressure in selected heavyweight counters, led by industrial products and services, transportation and logistics, as well as […]
PNB yet to decide on Sunway’s offer for IJM Corp stake
KUALA LUMPUR: Permodalan Nasional Bhd (PNB) has yet to decide on Sunway Bhd’s voluntary general offer (VGO) to acquire its shares in IJM Corporation Bhd and will assess the offer […]
PLS Plantations to explore feasibility of large-scale eucalyptus plantation
KUALA LUMPUR: PLS Plantations Bhd is undergoing a three-year collaboration with Nippon Paper Industries Co Ltd and Nippon Paper Lumber Co Ltd to explore the feasibility of developing a large-scale […]
Gold, silver set for weekly losses on tech selloff and stronger dollar
GOLD and silver recouped early losses on Friday, but were headed for a second straight week of declines as a global rout in tech equities and a stronger U.S. dollar […]
Stocks tumble as AI rout deepens, cryptos rebound
SINGAPORE: Global equities extended losses into a third day on Friday as a selloff on Wall Street intensified, with precious metals and cryptocurrencies gripped by wrenching volatility. Read full story […]
Ringgit opens lower as easing risks lift US$
KUALA LUMPUR: The ringgit opened lower against the US dollar on Friday, pressured by external spillovers as receding near-term geopolitical tensions lent support to the greenback. Read full story Date: […]
FBM KLCI slips further as global tech rout continues
KUALA LUMPUR: Bursa Malaysia fell in early morning trade as the global rout in tech stocks coupled with signs of a slowing labour market in the US sapped risk appetite […]
Indonesian markets face more pressure after Moody’s cuts outlook
SINGAPORE: Markets in Indonesia could come under more pressure on Friday after Moody’s lowered the nation’s credit rating outlook, the latest jolt in a turbulent start to the year for […]