Newsfeed – Business News
Oil settles lower on stronger dollar, oversupply fears
Oil prices settled lower on Tuesday as weaker manufacturing numbers and a stronger dollar weighed on demand, while the Opec+ decision to pause output hikes in the first quarter of […]
Grab Holdings raises full-year earnings forecast
Grab Holdings is raising its earnings forecast for the year after quarterly profit tops estimates, helped by novel offerings such as shared rides and deliveries that drew consumers during an […]
Manufacturing sector still subdued for now
Malaysia’s manufacturing activity is anticipated to stabilise in the coming months, as analysts project improving confidence and resilient domestic demand will offset external headwinds. Read full story Date: 5 November, […]
Higher CPO prices to lift planters’ 3Q25 earnings
Analysts are expecting higher crude palm oil (CPO) prices to support the financial performances of plantation companies for the third quarter of this year (3Q25). Read full story Date: 5 […]
Outlook for Mah Sing and S P Setia positive
Analysts are positive on Mah Sing Group Bhd’s and S P Setia Bhd’s prospects, given the recent proposed acquisition of 305-acre freehold land in Semenyih, Selangor by Mah Sing from […]
Singapore manufacturing activity slips in October
Singapore’s manufacturing output slowed in October but stayed out of contraction territory as businesses evaluated geopolitical and economic risks heading into the final months of 2025. Read full story Date: […]
Top Glove expects sales to grow due to US orders
Top Glove Corp Bhd expects sales volume to grow 10% quarter-on-quarter (q-o-q) in the first quarter of the financial year 2026 (1Q26) driven by orders from the United States. Read […]
Impact of US tariffs on Asean economies less severe than anticipated
US reciprocal tariffs on Asean economies are losing their bite despite the risks being present as there have been favourable outcomes from the recent Asean summit that balances out the […]
LPPSA receives RM1bil in funding from HSBC Amanah
The Public Sector Home Financing Board (LPPSA) has received RM1bil in funding from HSBC Amanah to provide home financing for civil servants. Read full story Date: 5 November, 2025 5:02 […]
Cloudpoint’s earnings to be buoyed by robust order book of RM110mil
CIMB Research is projecting Cloudpoint Technology Bhd’s three-year core net profit compounded annual growth rate at 19.5% for financial year 2024 (FY24) to FY27. Read full story Date: 5 November, […]