Newsfeed – Business News
Australia raises rates for first time in two years, markets bet on second hike in May
SYDNEY: Australia’s central bank on Tuesday raised its benchmark policy rate for the first time in two years, saying the economy was growing faster than expected and inflation was likely […]
Blue chips pare gains after hitting intramorning highs
KUALA LUMPUR: The FBM KLCI pared gains as the market halted for the lunch break with investors taking profit after strong gains from the recent rally. Read full story Date: […]
Foreign funds log fourth straight week of net inflow
KUALA LUMPUR: Foreign investors remained net buyers for the fourth consecutive week, although net foreign inflows slid to RM12.8 million last week, down from RM510.9 million a week earlier. Read […]
Ringgit opens lower against greenback, higher vs major currencies
KUALA LUMPUR:The ringgit opened lower against the US dollar on Tuesday as firmer US economic data lifted the greenback, but it was higher against other major currencies. Read full story […]
FBM KLCI climbs as rebound picks up post holiday weekend
KUALA LUMPUR: Blue chips on Bursa Malaysia rose 0.8% after a long weekend, suggesting the buying momentum remained alive on the domestic market. Read full story Date: 3 February, 2026 […]
Global stock index edges down, silver and oil extend losses
NEW YORK/ LONDON: MSCI’s global equities gauge edged lower on Monday, with Wall Street providing a boost while the dollar rose and investors dealt with a deepening selloff in precious […]
Public Mutual announces distribution of RM64mil for four funds
KUALA LUMPUR: Public Mutual, the unit trust arm of Public Bank Bhd, has declared distributions for four funds amounting to more than RM64mil. Read full story Date: 3 February, 2026 […]
Manufacturing PMI registers 20-month high
KUALA LUMPUR: Malaysia saw its headline manufacturing purchasing managers’ index (PMI) rise to a 20-month high at 50.2 in January 2026 from 50.1 in December 2025, signalling a third consecutive […]
JCY targets RM250mil revenue from automotive growth
PETALING JAYA: JCY International Bhd expects to generate RM250mil in incremental revenue from new customers by financial year 2028 (FY28). Read full story Date: 3 February, 2026 9:00 am Source: […]
Caution persists for O&G services
PETALING JAYA: Petroliam Nasional Bhd’s (PETRONAS) latest Activity Outlook for 2026 to 2028 reinforces analysts’ cautious view on Malaysia’s oil and gas (O&G) services sector, with activity expected to remain […]