Newsfeed – Business News
Saudi Aramco’s third-quarter profit slips on lower crude prices
DUBAI: Saudi Arabian oil company Aramco, the world’s top oil exporter, reported a 2.3% decline in its quarterly profit on Tuesday, citing a drop in crude and product prices, but […]
Nintendo hikes Switch 2 forecast to 19 million units
TOKYO: Nintendo on Tuesday hiked its sales forecast for the Switch 2 gaming device to 19 million units for the financial year ending March 2026 from 15 million units previously. […]
Fed split leaves Asian markets adrift; currencies weaken, stocks mixed
MOST Asian currencies slipped and equities lacked direction on Tuesday, as divisions among U.S. Federal Reserve policymakers weighed on risk sentiment, while South Korean stocks paused their rally on profit-taking. […]
Asia stocks tumble from record highs on profit taking; dollar gains
TOKYO: Asian stock markets from Tokyo to Taipei and Seoul tumbled from all-time highs on Tuesday, with investors aggressively booking profits following strong tech-led rallies over recent weeks. Read full […]
Gold holds under US$4,000 on dollar resilience, Fed rate outlook
Gold traded below the $4,000-per-ounce mark again on Tuesday as the dollar remained resilient at over three-month highs, while reduced chances of another U.S. interest rate cut in December and […]
New financial tool spurs tech projects
IN less than two months, China has fully allocated a new 500-billion-yuan ($70.3 billion) policy-based financial instrument to propel mainly tech-driven projects and urban renewal programs, which analysts see as […]
Westports’ net profit rises to RM271.11mil in 3Q on higher container revenue
KUALA LUMPUR: Westports Bhd is maintaining its projection of a single-digit volume growth rate in the current year. Read full story Date: 4 November, 2025 2:01 pm Source: thestar.com.my
Binastra unit secures RM188.53mil data centre contract in Cyberjaya
KUALA LUMPUR: Binastra Corp Bhd via its wholly-owned subsidiary Binastra Builders Sdn Bhd has seucred a RM188.53mil contract from MYT DC3 Sdn Bhd for Phase 2 mechanical and electrical fit-out […]
Polymer Link targets RM24.3mil fundraising from ACE Market IPO
KUALA LUMPUR: Polymer Link Holdings Bhd aims to raise about RM24.3mil from an intial public offering (IPO) en route to a listing on the ACE Market of Bursa Malaysia. Read […]
Tanco short-selling halted after 15% drop in share price
KUALA LUMPUR: Bursa Malaysia has suspended the intraday short selling for Tanco Holdings Bhd for the rest of the day after its securities’ last done price fell more than 15 […]