Latest

1d ago

Corporate News
Moody’s affirms Khazanah’s A3 rating, maintains stable outlook

KUALA LUMPUR: Moody's Ratings has affirmed Khazanah Nasional Bhd's A3 long-term issuer rating and baa3 Baseline Credit Assessment (BCA). The outlook remains stable.
1d ago

Markets
Late selling drags FBM KLCI to steepest drop since April

KUALA LUMPUR: Late selling in blue chips dragged the FBM KLCI below the 1,600 level, a day after it touched the mark, mirroring weakness across regional markets.
1d ago

Business
Heir to Malaysian fortune seeks US$200mil for private markets

IRIS Capital Partners, an investment firm backed by the heir to a Malaysian fortune, is seeking to raise $200 million from institutional investors, the latest family wealth vehicle to open up to outside capital.
1d ago

Banking
OCBC launches Women Unlimited to boost women entrepreneurs in Malaysia

KUALA LUMPUR: OCBC Malaysia has launched OCBC Women Unlimited, a programme to support women entrepreneurs across Malaysia with financing, networking and knowledge-sharing opportunities.
1d ago

Property
TA Global, Alliance Bank partner to offer green financing for The Arden

KUALA LUMPUR: TA Global Bhd has partnered with Alliance Bank Malaysia Bhd to provide green financing for purchasers of The Arden, an upcoming Grade-A strata office tower in the heart of Damansara Avenue.
1d ago

Commodities
Gold hits 2-week high as dollar dips after Trump fires Fed's Cook

GOLD touched a two-week high on Tuesday, as the dollar slipped after U.S. President Donald Trump said he was removing Federal Reserve Governor Lisa Cook, a move that undermines confidence in U.S. assets and the central bank's independence.
1d ago

Energy
Oil eases after hitting over two-week high on Russia supply risks

SINGAPORE: Oil prices edged down on Tuesday after surging nearly 2% in the previous session, with traders keeping a close eye on developments surrounding the Ukraine war that could disrupt Russian fuel supplies.
1d ago

Corporate News
UOA Development posts higher net profit of RM91.7mil in 2Q

KUALA LUMPUR: UOA Development Bhd posted a higher net profit of RM91.71 million in the second quarter of its financial year ending Dec 31, 2025, (2Q FY2025) compared to RM61.05 million in the same quarter a year ago.
1d ago

Markets
Asian currencies, stocks fall as Trump's Fed governor ouster sparks jitters

ASIAN stocks tumbled on Tuesday after President Donald Trump's shock dismissal of a Federal Reserve governor rattled global confidence in the U.S. central bank's independence, with regional currencies sliding in tandem.
1d ago

Banking
Cross-border financial integration raises spillover risks, says Amir Hamzah

KUALA LUMPUR: Financial institutions today operate across borders and legal systems, which has enabled risks and spillovers to spread rapidly, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
1d ago

Economy
China steps up efforts to boost opening-up

CHINA will upgrade its special customs supervision areas and advance international customs cooperation to reinforce foreign trade resilience, senior government officials said on Monday.
1d ago

Economy
India braces for export hit as steep new US tariffs loom

MUMBAI/NEW DELHI: Indian exporters are bracing for disruptions after a U.S. Homeland Security notification confirmed Washington would impose an additional 25% tariff on all Indian-origin goods from Wednesday, ramping up trade pressure on the Asian nation.
1d ago

Corporate News
E&O's net profit rises to RM45.42mil in 1Q

KUALA LUMPUR: Eastern & Oriental Bhd (E&O) registered a strong start to the year with higher contributions from both its property and hospitality businesses.
1d ago

Markets
Bursa Malaysia stays lower at midday

KUALA LUMPUR: Bursa Malaysia remained lower at midday, weighed down by profit-taking in financial, transportation and utilities heavyweights, a dealer said.
1d ago

Banking
Maybank records 1H earnings growth to RM5.22bil, declares 30c div/share

KUALA LUMPUR: Malayan Banking Bhd (Maybank) registered another period of profit growth in the first half of 2025 (1HFY25), despite a narrower net interest margin (NIM) amid a lower interest rate environment.
1d ago

Banking
Public Bank records higher 1H net profit of RM3.51bil, declares 10.5c div/share

KUALA LUMPUR: Depite significant headwinds, Public Bank Bhd said improved net interest and non-interest income underscored a resilient performance in the first half of 2025.
1d ago

Corporate News
PETRONAS Carigali achieves first hyrdocarbon from Bindu field

KUALA LUMPUR: PETRONAS Carigali Sdn Bhd, a wholly-owned subsidiary of PETRONAS, has achieved first hydrocarbon production from the Bindu field, located 210 kilometres off the coast of Terengganu.
1d ago

Economy
MyCC invites public feedback on digital economy market review

KUALA LUMPUR: All stakeholders from various sectors are invited to contribute their feedback on the Draft Final Report of the Market Review on the Digital Economy Ecosystem.
1d ago

e-Commerce
TNG eWallet QR scan expands beyond payments

KUALA LUMPUR: TNG Digital Sdn Bhd today announced an upgraded quick response (QR) scanning feature for TNG eWallet that extends the app's use beyond payments.
1d ago

Auto
Nissan shares slide 6% after Mercedes-Benz's planned $346 million stake sale

TOKYO: Shares in Nissan Motor slumped around 6% on Tuesday after its second-largest shareholder, Mercedes-Benz, said it would sell its 3.8% stake in the struggling Japanese automaker.