Newsfeed – Business News
Govt expects fiscal deficit to shrink to 3.5% in 2026, says Amir Hamzah
KUALA LUMPUR: The government expects the country’s fiscal deficit to continue to shrink to 3.5 per cent in 2026, close to achieving the medium-term target of 3.0 per cent under […]
Dollar steady, yen softer ahead of Japan election
SINGAPORE: The U.S. dollar was steady on Wednesday as investors remained cautious after a partial government shutdown swiftly ended while the yen weakened near a two-week low ahead of what […]
MISC to supply liquefied carbon dioxide carrier to Northern Lights CCS project
SINGAPORE: Malaysia’s MISC Bhd and its Japanese partner have secured a 10-year time charter with Norway’s Northern Lights joint venture for a new liquefied carbon dioxide carrier, the Malaysian shipper […]
JD to spend over US$180mil on worker bonus
CHINESE e-commerce firm JD said on Tuesday it plans to spend more than 1.3 billion yuan (around $180 million) during the nine-day Chinese New Year holiday in providing enhanced pay […]
FBM KLCI slips amid broad market sell-down
KUALA LUMPUR: The FBM KLCI fell in morning trade as mounting global uncertainty over interest rates and a US tech sell-off sapped momentum from equities markets. Read full story Date: […]
Praveen Rajan assumes CEO role at PayNet
KUALA LUMPUR: Payments Network Malaysia Sdn Bhd (PayNet) said Praveen Rajan has assumed the role of CEO, effective Feb 1, 2026. Read full story Date: 4 February, 2026 2:00 pm […]
PETRONAS signs 20-year LNG supply deal with QatarEnergy
KUALA LUMPUR: Petronas LNG Ltd (PLL), a subsidiary of Petroliam Nasional Bhd (Petronas), has signed a 20-year liquefied natural gas (LNG) sale and purchase agreement (SPA) with QatarEnergy, the first […]
Binastra unit secures RM503mil data centre development project
KUALA LUMPUR: Binastra Corp Bhd said its wholly-owned subsidiary Binastra Builders Sdn Bhd has accepted an RM503mil award from Exsim Sri Permai Sdn Bhd for the proposed development of a […]
Asia shares wobble, oil prices climb and gold makes a comeback
SINGAPORE: Asian stocks were on shaky ground on Wednesday, following steep losses in U.S. and European equities on fears that advancements in artificial intelligence could supplant traditional software. Read full […]
Oil prices extend gains on fears of escalating tensions in Mideast
TOKYO: Oil prices rose on Wednesday, extending the previous day’s gains, after the U.S. shot down an Iranian drone and armed Iranian boats approached a U.S.-flagged vessel in the Strait […]