Newsfeed – Business News
Meme stock euphoria spreading
Meme stock mania is spreading to a growing number of speculative stocks, underscoring the appetite among retail traders for riskier bets with the market at all-time highs. Read full story […]
SEC hits pause on Bitwise ETF offering broad crypto exposure
A key US regulator halted the approval process for a new cryptocurrency exchange-traded fund (ETF) just hours after initially signing off, in a setback for digital-asset proponents hoping for easy-to-trade […]
Mattel cuts 2025 forecast, hurt by tariff spectre
Toymaker Mattel cut its annual forecast, reinstating it after two months, and posted a sharp drop in second-quarter revenue, as weak Barbie sales in North America and global trade uncertainties […]
CIMB 2Q net interest margin to remain stable
A muted pre-tax profit growth and a miss on loan expansion –such expectations reflect analysts’ views ahead of CIMB Group Holdings Bhd’s second-quarter results announcement next week. Read full story […]
Acquisitions forecast to lift AME-REIT’s earnings
Analysts have maintained their forecasts for AME Real Estate Investment Trust (AME-REIT) after the recent announcement of its first quarter results. Read full story Date: 25 July, 2025 6:03 am […]
Velesto to maintain rig utilisation rate of above 75%
Velesto Energy Bhd is expected to maintain a rig utilisation rate of over 75%, despite softer rig market conditions and “the disruption of local offshore activities”, according to UOB Kay […]
AYS: Takeover of CosmoSteel now unconditional
AYS Ventures Bhd has announced that the voluntary takeover offer by its associate company, 3HA Capital Pte Ltd, for all shares in Singapore-listed CosmoSteel Holdings Ltd has become unconditional. Read […]
Betamek 1Q revenue rises on diversification
Betamek Bhd has recorded a net profit of RM5.39mil in its first quarter ended June 30, 2025, up from RM4.88mil in the year-ago quarter, which translates into an earnings per […]
Oriental Interest’s net profit rises to RM45mil in 3Q
Oriental Interest Bhd’s net profit rose to RM45.48mil for its third quarter of financial year ended May 31, 2025 (3Q25), from RM25.23mil a year earlier. Read full story Date: 25 […]
Wall St set for mixed start as investors digest Alphabet, Tesla results
WALL Street was on track for a mixed open on Thursday as investors digested uneven earnings from megacaps like Alphabet and Tesla and monitored progress in U.S. trade negotiations. Read […]