Newsfeed – Business News
Stocks gain on Fed easing hopes, yen locked in intervention zone
SINGAPORE: Asian stocks rose on Thursday and the dollar was soft on growing expectations of an interest rate cut from the Federal Reserve next month, while the yen remained on […]
Malaysia palm oil exports to China down almost 29% through October
KUALA LUMPUR: Malaysia’s palm oil exports to China fell by almost 29% in the first 10 months of 2025, the country’s plantation and commodities minister said on Thursday. Read full […]
OSK posts RM152.18mil net profit for 3Q25
KUALA LUMPUR: OSK Holdings Bhd’s net profit rose to RM152.18 million in the third quarter ended Sept 30, 2025 (3Q FY2025) from RM137.24 million in 3Q FY2024. Read full story Date: 27 […]
Sime Darby registers net profit of RM355mil in 1Q
KUALA LUMPUR: Sime Darby Bhd maintained a stable underlying performance in the fist quarter of its financial year (1QFY26), with contributions from the UMW division driven higher by steady demand […]
Bumi Armada’s 3Q net profit falls to RM96mil
KUALA LUMPUR: Bumi Armada Bhd’s net profit for the third quarter ended Sept 30, 2025 (3Q 2025) fell to RM96.13 million from RM211.33 million posted in the same period last […]
Mah Sing expects resilient property market in 2026
PETALING JAYA: Property developer Mah Sing Group Bhd, which made a net profit of RM66.3mil for its third quarter ended Sept 30, 10.3% higher compared to a net profit of […]
Drive to spur SMEs gains momentum
AMID robust policy support and relentless innovation, China’s drive to cultivate unique small and medium-sized enterprises, or SMEs, is gaining significant momentum, officials and experts said. Read full story Date: […]
Unfavourable forex translation drags Axiata into the red in 3Q25
KUALA LUMPUR: Axiata Group Bhd slipped into the red with a net loss of RM27.35 million in the third quarter ended Sept 30, 2025 (3Q FY2025) from a net profit […]
Hong Leong Bank records stable earnings of RM1.09bil in 1Q
KUALA LUMPUR: Hong Leong Bank Bhd posted flattish earnings in the first quarter of its financial year, on the back of a narrower net interest margin (NIM) following the recent […]
RHB Bank announces record qurterly net profit of RM904.1mil in 3Q
KUALA LUMPUR: RHB Bank Bhd posted its highest-ever quarterly net profit in the third quarter of 2025, on the back of higher income and lower expected credit losses (ECL). Read […]