Newsfeed – Business News
Global firms upbeat on China’s market
CHINA’s latest growth targets and policy priorities set out in the Government Work Report have boosted the confidence of multinational companies in the country’s economic outlook and long-term market potential, […]
Aramco posts drop in annual profit, announces its first buyback
SAUDI Arabia’s Aramco, the world’s top oil exporter, reported a 12% drop in annual profit mainly due to lower crude prices, but announced it would repurchase up to $3 billion […]
West River unit to acquire 95% stake in Ace Hydropower
KUALA LUMPUR: West River Bhd’s indirect wholly owned subsidiary, Neutron Power Sdn Bhd, has entered into a share sale agreement (SSA) to acquire a 95 per cent equity interest in […]
Steel Hawk unit inks MOU to promote TECZO digital solutions
KUALA LUMPUR: Steel Hawk Bhd said its wholly-owned subsidiary Steel Hawk Digital Sdn Bhd is planning to establish a strategic collaboration with TECZO Sdn Bhd for promoting the latter company’s […]
Kumpulan Kitacon unit scores residential construction project in Selayang for RM89mil
KUALA LUMPUR: Kumpulan Kitacon Bhd via its wholly-owned subsidiary Kitacon Sdn Bhd has accepted an award from Rawang Lakes Sdn Bhd for the main building works for 258 terrace houses, […]
Manufacturing sales rise 7.1% to RM169.4bil in Jan 2026
KUALA LUMPUR: The manufacturing sector’s sales value rose 7.1 per cent year-on-year (y-o-y) to RM169.4 billion in January 2026, compared to a 6.4 per cent rise y-o-y to RM168.6 billion […]
FMM calls for export crisis task force amid Strait of Hormuz disruptions
KUALA LUMPUR: A coordinated government-industry response is needed to address the growing impact of the Iran-US-Israel conflict and the disruption around the Strait of Hormuz on Malaysia’s manufacturing exports and […]
Penang Port triggers emergency monitoring as Mideast conflict rattles global shipping
GEORGE TOWN: The Penang Port Commission (PPC) has activated an emergency monitoring mechanism to safeguard supply chain resilience following escalating military tensions in the Middle East. Read full story Date: […]
Oil falls as Trump predicts Middle East de-escalation
SINGAPORE: Oil prices fell on Tuesday after hitting an over three-year high in the prior session as U.S. President Donald Trump predicted the war in the Middle East could end […]
Short-selling of three O&G companies’ shares suspended
KUALA LUMPUR: The short selling under intraday short-selling (IDSS) for three oil and gas-related (O&G) companies on Bursa Malaysia has been suspended for the rest of the day today. Read […]
