Newsfeed – Business News
RBNZ says economic recovery is picking up
Early indicators suggest the economy had been expanding during the second half of this year and demand had stabilised, Reserve Bank of New Zealand (RBNZ) governor Christian Hawkesby tells a […]
China Vanke dollar bonds tumble to record lows
China’s real estate sector suffered another blow after China Vanke Co proposed delaying repayment on a local bond, sending some of its notes plunging to record lows and fuelling concerns […]
S. Korea’s rocket launch marks shift to commercial space race
South Korea has marked its first rocket launch in partnership with a private company, a milestone in the country’s bid to become a bigger player in the global space race. […]
OSK Holdings posts RM152mil quarterly bottom line
OSK Holdings Bhd’s net profit rose to RM152.18mil in the third quarter ended Sept 30, 2025 (3Q25) from RM137.24mil in 3Q24. Read full story Date: 28 November, 2025 4:01 am […]
Earnings outlook for IOI Corp remains cautious
IOI Corp Bhd’s earnings outlook remains cautious given factors like a potential increase in soybean oil trades, and extreme weather as well as trade policy shifts that may affect future […]
KLK upstream operations still positive
Upstream operations have supported Kuala Lumpur Kepong Bhd’s (KLK) financial year ended Sept 30, 2025 (FY25) performance, but analysts say persistent challenges in its downstream manufacturing segment continue to cloud […]
Higher total income buoys RHB Bank showing
Strong capital and liquidity positions are expected to provide support for the local banking industry to withstand any potential shocks in the economy, says RHB Bank Bhd, while Malaysia’s monetary […]
Goodwill impairment weighs on Axiata’s results
Axiata Group Bhd has posted a net loss of RM27.4mil for the third quarter ended Sept 30, 2025 (3Q25), from a net profit of RM976.7mil a year ago, mainly dragged […]
MUI Properties acquires Ijok land for RM605mil
KUALA LUMPUR: MUI Properties Bhd (MUIP) has proposed to acquire eight parcels of freehold land in Mukim Ijok, Kuala Selangor, for approximately RM605mil in cash as part of its plan […]
MRCB on track to hit RM1bil property sales target in 2025
KUALA LUMPUR: Malaysian Resources Corporation Bhd (MRCB) posted a net profit of RM28.8mil for the nine months ended Sept 30, 2025 (9M25), down from RM63.01mil in the corresponding period last […]