Newsfeed – Business News
Ringgit holds steady against greenback amid PBOC fixing
KUALA LUMPUR:The ringgit held steady against the US dollar at opening on Thursday, amid the recent People’s Bank of China’s (PBoC) pressure on market sentiment. Read full story Date: 25 […]
US stocks end lower as valuation concerns creep in
US stocks closed lower for a second straight session on Wednesday, as investors booked profits with indices near record levels after Federal Reserve chair Jerome Powell flagged potentially stretched stock prices […]
Citigroup exits Treasuries curve trade as fears over Fed subside
Citigroup Inc strategists have exited a trade recommendation betting that longer-term US bonds would underperform as attacks on the Federal Reserve (Fed) intensifies, saying that a near unanimous policy decision […]
South Korea’s KT&G eyes global nicotine pouch market with Altria
KT&G, South Korea’s largest tobacco company, announces it has signed a memorandum of understanding (MoU) with American tobacco giant Altria, laying the groundwork for strategic collaboration across both nicotine and […]
Global firms eye opportunities in China’s manufacturing
Intelligent and high-end manufacturing is in the spotlight in China, with innovations ranging from new energy vehicles and smart robots to advanced photovoltaics and energy storage equipment. Read full story […]
Celltrion acquires US pharmaceutical plant
Celltrion has clinched a deal with US pharmaceutical firm Eli Lilly to acquire a biopharmaceutical manufacturing plant in Branchburg, New Jersey, for US$330mil, the South Korean biosimilar maker said. Read […]
House passes higher spending state budget
The House of Representatives passes the 2026 state budget, approving higher spending that will widen the fiscal deficit as President Prabowo Subianto seeks to accelerate economic growth. Read full story […]
AirAsia confirms talks to operate in Vietnam
Capital A Bhd’s low-cost airline, AirAsia, has confirmed it is in discussions with a local partner in Vietnam as part of its plan to expand its footprint in Asean. Read […]
Stable earnings seen for Press Metal
Press Metal Aluminium Holdings Bhd is expected to deliver steady profits in the second half of financial year 2025 (2H25). Read full story Date: 25 September, 2025 5:03 am Source: […]
Glomac poised for steadier outlook beyond FY26
Weaker sales and slower property launches are anticipated to drag property developer Glomac Bhd’s earnings for financial year 2026 (FY26), FY27 and FY28. Read full story Date: 25 September, 2025 […]