Newsfeed – Business News
Mclean Technologies gets UMA query
KUALA LUMPUR: Mclean Technologies Bhd has received an unusual market activity (UMA) query from Bursa Malaysia after a sharp rise in the price and volume of its shares. Read full […]
Heavyweight losses push FBM KLCI under 1,600 at midday
KUALA LUMPUR: The FBM KLCI slipped below the 1,600 mark at midday, weighed down by broad-based weakness in heavyweights. Read full story Date: 18 September, 2025 1:01 pm Source: thestar.com.my
Malaysia’s property outlook remains constructive in 2H25, says HLIB
KUALA LUMPUR: Malaysia’s property outlook for the second half of 2025 (2H 2025) remains constructive, with ample opportunities across multiple segments, according to Hong Leong Investment Bank Bhd (HLIB). Read full […]
Formosa Prosonic rises 18% as MD Shih Chao Yuan emerges top shareholder
KUALA LUMPUR: Shares in Formosa Prosonic Industries Bhd (FPI) saw an unusual pick-up in trading activity on Thursday, placing the counter among the top gainers. Read full story Date: 18 […]
Hong Kong central bank cuts interest rate, tracking Fed move
HONG KONG: The Hong Kong Monetary Authority on Thursday cut its base interest rate charged via the overnight discount window by 25 basis points to 4.50%, tracking a move by […]
Corporate issuance poses headwinds for Malaysian sovereign bonds
MALAYSIA’s sovereign bonds are facing fresh headwinds from seasonally heavy corporate debt issuance, just as fading rate cut bets strain the market. Read full story Date: 18 September, 2025 11:02 […]
China leaves policy rate unchanged after Fed rate reduction
SHANGHAI: China’s central bank left the borrowing cost of its seven-day reverse repurchase agreements unchanged on Thursday, after the U.S. Federal Reserve reduced interest rates just hours earlier. Read full […]
FBM KLCI falls below 1,600 as Fed rate cut fails to lift sentiment
KUALA LUMPUR: The FBM KLCI opened lower and slipped below the key 1,600 level this morning, despite the U.S. Federal Reserve’s widely expected interest rate cut. Read full story Date: […]
Trading ideas: Advancecon, Scientex, Genting Malaysia, Resintech, MKH, Asian Pac, Rex Industry
KUALA LUMPUR: Stocks to watch on Thursday include Advancecon Holdings Bhd, Scientex Bhd, Genting Malaysia Bhd, Resintech Bhd, MKH Bhd, Asian Pac Holdings Bhd and Rex Industry Bhd following their […]
Ringgit opens lower vs greenback amid US interest rate cut
KUALA LUMPUR: The ringgit opened lower against the US dollar on Thursday, as the greenback strengthened following the US Federal Reserve’s (Fed) decision to cut its benchmark interest rate by […]