Newsfeed – Business News
Ringgit Asia’s best-performing currency this year, on track to strengthen further in 2026
KUALA LUMPUR: The ringgit was Asia’s best-performing currency this year against its regional peers, with its gains underpinned by strong economic fundamentals and buoyant exports, while interest rate cuts by […]
IHH’s Fortis to enhance presence in southern India
KUALA LUMPUR: CIMB Securities has taken a neutral stance on IHH Healthcare Bhd’s 31.17%-owned associate, Fortis Healthcare, following its plan to acquire People Tree Hospital Yeshwantpur (PTHY) in Bengaluru for […]
Coastal Contracts secures US$1.14bil Pemex gas project in Mexico
KUALA LUMPUR: Coastal Contracts Bhd has secured an engineering, procurement and construction (EPC) and services contract in Mexico with Petróleos Mexicanos (Pemex), with an aggregate value of approximately US$1.14bil (RM4.64bil). […]
Foreign investors extend selling streak, pull RM363.3mil from Bursa Malaysia
KUALA LUMPUR: Foreign investors continued to pare their positions on Bursa Malaysia for a second consecutive week, with total net outflows amounting to RM363.3mil, according to MBSB Research. Read full […]
Ringgit strengthens vs US dollar, major currencies on positive fiscal developments
KUALA LUMPUR: The ringgit opened higher against the US dollar and other major currencies on Monday, as positive developments in Malaysia’s fiscal position have contributed significantly to the ringgit’s appreciation. […]
FBM KLCI opens week lower amid cautious sentiment
KUALA LUMPUR: The FBM KLCI opened the week lower on Monday, as investors adopted a cautious stance following the recent rally. Read full story Date: 22 December, 2025 10:00 am […]
Trading ideas: Mah Sing, KLK, SunCon, Malakoff, Solarvest, Sunview, Perdana Petroleum, SumiSaujana, Protasco, MyNews, Samaiden
KUALA LUMPUR: Stocks to watch on Monday include Mah Sing Group Bhd, Kuala Lumpur Kepong Bhd (KLK), Sunway Construction Bhd (SunCon), Malakoff Corp Bhd, Solarvest Holdings Bhd, Sunview Group Bhd, […]
Tech upswing expected to persist
PETALING JAYA: The technology sector is still looking bright, supported by a global semiconductor upcycle and a resilient front-end capital expenditure (capex) outlook. Read full story Date: 22 December, 2025 […]
M&A activity set to soar in 2026
PETALING JAYA: The domestic mergers and acquisitions (M&A) landscape is set to see more deals flowing into 2026 compared to 2025, as global trade tensions ease and investors set their […]
RM570mil DC job win a boon for Sunway Construction
PETALING JAYA: Sunway Construction Group Bhd’s (SunCon) data centre (DC) construction contract win, valued at RM570mil, has lifted its financial year 2025 (FY25) year-to-date new job wins to RM4.6bil. Read […]