Newsfeed – Business News
China stocks near 2022 high on construction, rare earth gains; Hang Seng tests 25,000
HONG KONG: China stocks closed near 3-1/2-year high on Monday, led by rare earth and construction sectors, while Hong Kong stocks rose as internet heavyweights rallied following a government rebuke […]
Carmaker Stellantis sees 1H net loss of US$2.7bil hit by restructuring costs
MILAN: Stellantis expects a net loss of 2.3 billion euros ($2.7 billion) for the first half, it said on Monday, after booking around 3.6 billion euros in charges due to […]
Singapore hits record high for 14th session, sets the pace for Asian equities
SINGAPORE’s equity benchmark scaled an all-time high for the 14th consecutive session on Monday, buoyed by strong inflows to high-yield stocks, while bourses elsewhere in emerging Asia also began the […]
Gold gains on softer dollar as investors await US trade updates
Gold prices climbed on Monday, supported by a weaker dollar as investors monitored developments in U.S. trade talks and awaited potential market-moving catalysts, including the Federal Reserve’s policy meeting scheduled […]
‘Buy now, pay later’ transactions hit 102.6 million in 1H25
KUALA LUMPUR: The volume of “buy now, pay later” (BNPL) transactions has increased from 83.8 million in the second half (2H) of 2024 to 102.6 million in the first half (1H) […]
China sets its sights on export boost
CHINA will intensify efforts to advance high-quality trade development, deepen international cooperation and bolster innovation to further boost exports during the 15th Five-Year Plan (2026-30) period, the country’s top commerce […]
Felda reappoints Ahmed Shabery Cheek as chairman
KUALA LUMPUR: The Federal Land Development Authority (Felda) has reappointed Datuk Seri Ahmad Shabery Cheek as chairman. Read full story Date: 21 July, 2025 2:02 pm Source: thestar.com.my
SunCon says employee under investigation by MACC
KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) has initiated an inquiry against an employee of Sunway Construction Group Bhd (SunCon), the construction firm announced to the stock exchange today. Read […]
Singapore central bank to place S$1.1bil with asset managers to boost stock market
SINGAPORE: Singapore’s central bank will place S$1.1 billion ($856.36 million) with three asset managers as part of a S$5 billion programme to boost the stock market, it said on Monday, […]
CIMB Thai records 1H net profit of THB1.01bil
KUALA LUMPUR: The Thai banking arm of CIMB Group Holdings Bhd recorded a net profit of THB1.01bil (RM132.45mil) in the six months ended June 30, 2025, which marked a 21.8% […]