Newsfeed – Business News
Bursa Malaysia gains at midday as fuel price assurance boosts consumer stocks
KUALA LUMPUR: Bursa Malaysia ended the morning trading session in positive territory, supported by buying in selected counters, led by 99 SpeedMart, CIMB and Maybank. Read full story Date: 23 […]
PHB strengthens industrial portfolio with RM247mil acquisitions in Kedah and Johor
KUALA LUMPUR: Pelaburan Hartanah Bhd (PHB), an investment holding company under the purview of Yayasan Pelaburan Bumiputera, has acquired two prime industrial properties located in Kedah and Johor, for a […]
Alliance Bank rights issue to bolster customer acquisition efforts
PETALING JAYA: Analysts have maintained their outperform call with a lower target price of RM4.85 for Alliance Bank Malaysia Bhd (ABMB), following its recently completed rights issue exercise. Read full […]
Corporate 2Q earnings expected to reflect external challenges
PETALING JAYA: Malaysia’s upcoming second-quarter (2Q) earnings season is expected to be relatively muted, with overall corporate performance continuing to reflect challenges from external uncertainties, particularly the ongoing US-Malaysia tariff […]
Oil prices pause slide on US-Japan trade deal
NEW DELHI: Oil prices edged up in Asian trade on Wednesday after falling for three consecutive sessions as a U.S. trade deal with Japan signalled progress on tariffs, though gains […]
Ringgit firmer against US$ in early trade
KUALA LUMPUR: The ringgit edged higher against the US dollar in early trade, driven by cautious market sentiment ahead of the Aug 1 tariff deadline. Read full story Date: 23 […]
Slow start on Bursa despite Japan-US trade relief
KUALA LUMPUR: The FBM KLCI sat stubbornly on the start line on Wednesday even as relief over a trade deal struck between Japan and the US helped pull up Asian […]
Nikkei rally buoys Asian shares as Trump announces Japan trade deal
SYDNEY: Japanese shares led an Asian share market rally on Wednesday after U.S. President Donald Trump announced a trade deal with Japan and fuelled hopes of more to come, offsetting […]
Japan stocks jump, bonds slide after Trump says trade deal reached
TOKYO: Japanese automaker shares led the Nikkei share average higher on Wednesday, while bonds slid after U.S. President Donald Trump said he had reached a trade deal with Tokyo. Read […]
Malaysia’s financial fundamentals draw IMF praise
KUALA LUMPUR: Malaysia’s financial strength and market flexibility support resilience against external shocks and capital outflows, according to the International Monetary Fund (IMF). Read full story Date: 23 July, 2025 […]