Newsfeed – Business News
Wall St ends lower as investors weigh Powell comments
US stocks finished lower on Tuesday, breaking a three-session string of record closing highs, as Federal Reserve chair Jerome Powell said the US central bank needs to balance inflation concerns with a […]
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KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia. Read full story Date: 24 September, 2025 8:01 am Source: thestar.com.my
Orsted wins court ruling to restart wind farm work
Orsted A/S will resume work on its nearly-completed wind farm off the coast of Rhode Island after a US judge ruled construction can continue during a lawsuit challenging the Trump […]
Allwyn buys US$1.6bil stake in fantasy sports operator PrizePicks
European lottery giant Allwyn will acquire a majority stake in US fantasy sports operator PrizePicks in a deal that values the Atlanta-based company at US$1.6bil. Read full story Date: 24 […]
US green property-linked finance model for global growth
Property-linked finance, a market that in the United States is currently worth about US$18bil, is being targeted for significant growth by groups looking to decarbonise commercial and residential real estate. […]
Raising UK income tax while sparing employees
UK Chancellor of the Exchequer Rachel Reeves can raise £6bil (US$8bil) of income tax without hurting employees by aiming increases at pensioners, landlords and the self-employed, according to an influential […]
Nvidia, OpenAI in huge deal to build data centres
Nvidia Corp will invest as much as US$100bil in OpenAI to support new data centres and other artificial intelligence (AI) infrastructure, a blockbuster deal that underscores booming demand for AI […]
Valuation expansion likely for Kelington
Engineering firm Kelington Group Bhd’s latest contract announcement valued at RM108mil is a signal for the stock’s valuation expansion due to “scarcity value” and strong earnings momentum, says RHB Research. […]
Ripple effects likely for sectoral earnings
Malaysia’s new targeted fuel subsidy scheme is set to reshape household spending patterns, car ownership trends, and sectoral earnings across the economy, with ripple effects expected in both the near […]
Cheeding eyes higher tender capacity following its ACE Market debut
Apex Securities has initiated coverage on Cheeding Holdings Bhd with a “buy” recommendation and a target price of 73 sen, ahead of its ACE Market debut. Read full story Date: […]