Newsfeed – Business News
Main market-bound Empire Premium Food aims to raise RM152.6mil from IPO
KUALA LUMPUR: Food and beverage company Empire Premium Food Bhd aims to raise RM152.6 million from its initial public offering (IPO) via a listing on the Main Market of Bursa Malaysia on […]
Asia looks to Covid-era playbook to tackle fuel crisis
COUNTRIES across Asia are weighing up work-from-home policies and stimulus measures enforced during the COVID pandemic, as they scramble to respond to global fuel shortages triggered by the Iran war. […]
Kumpulan Kitacon bags RM99.28mil Cyberjaya construction contract
KUALA LUMPUR: Kumpulan Kitacon Bhd’s wholly owned subsidiary, Kitacon Sdn Bhd, has secured a RM99.28mil construction contract in Cyberjaya, Selangor, from ParkCity Botanika Sdn Bhd. Read full story Date: 25 […]
Oil prices drop on prospect of Middle East ceasefire easing supply disruption
Oil prices fell around 4% on Wednesday on the prospect of a possible ceasefire easing supply disruptions from the key Middle East producing region after reports the U.S. sent Iran […]
Mr DIY Group at risk of exclusion in next FBM KLCI review
KUALA LUMPUR: The FBM KLCI is likely to see minimal changes in the upcoming June semi-annual review, with the current top 30 constituents expected to remain intact, according to MBSB […]
Ranhill SAJ, Yes to boost broadband subscription with water voucher in Johor
JOHOR BAHRU: Ranhill SAJ has partnered with Yes to offer Johor households a RM10.50 monthly voucher credited to their water bill for six months through selected broadband subscriptions, in a […]
SK Hynix files for US listing that source says could raise up to US$14bil
ICHEON, South Korea: South Korean chipmaker SK Hynix announced on Wednesday it made a confidential filing for a U.S. listing targeted for the second half of 2026, which a source […]
FBM KLCI edges higher at midday on cautious trade amid Middle East concerns
KUALA LUMPUR: The FBM KLCI edged higher at midday in cautious trading as gains were capped by lingering geopolitical concerns, with investors adopting a wait-and-see approach. Read full story Date: […]
Gold climbs more than 2% on softer dollar, easing fears of higher interest rates
Gold rose more than 2% on Wednesday, buoyed by a softer dollar, while a drop in oil prices eased concerns about elevated inflation and higher global interest rates, amid reports […]
Eversendai slides 24% on Saudi contract loss amid Middle East tensions
KUALA LUMPUR: Eversendai Corp Bhd shares fell in early trade on Wednesday after its Trojena Ski Village contract in Saudi Arabia was terminated amid escalating Middle East tensions. Read full […]