Newsfeed – Business News
RBNZ cuts rates, analysts expect more stimulus
New Zealand’s central bank has cut its benchmark rate, as widely expected, signalling a greater readiness to lower borrowing costs further as the economy faces headwinds from weak demand and […]
Foxconn wants to work with Japan automakers on EVs
Foxconn wants to cooperate with Nissan but is currently not engaging with the Japanese automaker, an executive in charge of the Taiwan company’s electric vehicle (EV) business told the Nikkei […]
Renewal of govt’s APPL deals to steer Duopharma
Duopharma Biotech Bhd’s dominant market position in the local generic drug manufacturing means it is well placed to capitalise on any rise in out-of-pocket health expenditure at the pharmacies. Read […]
Wall St to open sharply lower as China raises more barriers on US goods
Wall Street’s main indexes were set to open sharply lower on Wednesday after China announced more levies on U.S. goods, retaliating to President Donald Trump’s reciprocal tariffs that took effect […]
Has Trump cancelled Christmas? China’s decorations makers report no US orders
SHAOXING, China: Chinese producers of plastic Christmas trees and other festive decorations say orders from U.S. clients, which are crucial for their business, should have started to come in by […]
AmBank CFO Shafiq Abdul Jabbar to step down on July 1
KUALA LUMPUR: AMMB Holdings Bhd (AmBank) group chief financial officer (CFO) Shafiq Abdul Jabbar will step down on July 1 to “pursue other professional opportunities”. Read full story Date: April […]
LFE Corp wins RM35.25mil job from Petaling Garden
KUALA LUMPUR: LFE Corp Bhd’s wholly-owned subsidiary, LFE Engineering Sdn Bhd, has secured a RM35.25mil contract from Petaling Garden Sdn Bhd. Read full story Date: April 9, 2025 9:01 pm […]
Jati Tinggi wins RM30.27mil sub-contract for power cable relocation
KUALA LUMPUR: Jati Tinggi Group Bhd’s wholly-owned subsidiary, Jati Tinggi Holding Sdn Bhd, has secured a RM30.27mil sub-contract from Worktime Engineering Sdn Bhd for the relocation of 33kV and 132kV […]
Hibiscus Petroleum secures 20-year extension for PM3 commercial arrangement area PSC
KUALA LUMPUR: Hibiscus Petroleum Bhd’s indirect wholly-owned subsidiaries, Hibiscus Oil & Gas Malaysia Limited (HML) and Hibiscus Oil & Gas Malaysia (PM3) Limited (HML PM3), have signed a key principles […]
FBM KLCI hits 21-month low as US-China tariff war fuels market decline
KUALA LUMPUR: Bursa Malaysia plummeted again on Wednesday, with over 900 stocks in the red, as escalating tariff wars between the U.S. and China—two of the world’s biggest economies—fueled concerns, […]