Newsfeed – Business News
Ringgit higher on weak US jobs report
KUALA LUMPUR: The ringgit closed stronger against the US dollar yesterday following a softer-than-expected US jobs report that significantly altered market expectations on the Federal Reserve (Fed) policy, says an […]
Ramssol posts higher 2Q earnings
PETALING JAYA: Ramssol Group Bhd expects recurring revenue from professional information technology services to grow in tandem with the expansion of its project-based revenue. Read full story Date: 5 August, […]
US indexes post biggest daily pct gains since May 27 in rebound from Friday selloff
NEW YORK: All three major U.S. stock indexes scored their biggest daily percentage increases since May 27 on Monday as investors sought bargains after the previous session’s selloff and ramped […]
Oil falls as Opec+ proceeds with September output increase
LONDON: Oil prices fell to their lowest in a week on Monday after OPEC+ agreed to another large output increase in September, though traders remained wary of further sanctions on […]
Trading ideas: Bumi Armada, Zetrix, Kelington, Kim Hin, Hibisucs, Johor Plantations, Ajiya, Tex Cycle, Pekat, Kimlun, Jiankun, Rimbunan Sawit, Ramssol
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia. Read full story Date: 5 August, 2025 9:02 am Source: thestar.com.my
Arshad made MARC Ratings chief executive
PETALING JAYA: Malaysian Rating Corp Bhd (MARC) has appointed group chief executive officer (CEO) Arshad Mohamed Ismail as the CEO of MARC Ratings Bhd, the group’s credit rating subsidiary. Read […]
Kim Hin minority shareholders advised to reject offer
PETALING JAYA: Kim Hin Industry Bhd’s offer for privatisation by its joint offerers including the company and its chairman Chua Seng Huat at 85 sen per share has been deemed […]
Kelington wins wafer hook-up job in Germany
PETALING JAYA: Kelington Group Bhd, via its wholly-owned subsidiary Kelington Engineering (Germany) GmbH (KEGG), has accepted a letter of intent (LOI) for a semiconductor hook-up project in Dresden, Germany. Read […]
BP says it has made largest find in 25 years off Brazil
SAO PAULO: BP Plc says it has made its biggest discovery in 25 years in deep waters off Brazil, a boon for the UK oil major as it seeks to […]
Capital A taps Fam Lee Ee for AirAsia China role
PETALING JAYA: Capital A Bhd has announced the appointment of Datuk Fam Lee Ee (pic) as the president of AirAsia China, effective Aug 1, 2025. Read full story Date: 5 […]