Business News
Google to Invest US$15 Billion in Malaysia Data Centres
Google plans to invest US$15 billion in Malaysia over 2027 and 2028 to build data centres and other infrastructure, pledging more than 9,000 local…
Category: Business News
Business News
PETRONAS and Tenaga Nasional Elevate Malaysia on the Global Energy Stage
PETRONAS and Tenaga Nasional have achieved top global rankings in Brand Finance’s Energy 100 2026 report, reinforcing Malaysia's growing energy influence.
Business News
Malaysia records US$1.62 billion in IPO proceeds, leads Southeast Asia
Malaysia led Southeast Asia with 38 IPOs raising US$1.62 billion in nine months, despite regional declines caused by uncertainty and regulatory changes.
Stocks and Markets
Big Caring Group Prepares Landmark Main Market IPO Listing
Big Caring Group leverages its RM8 billion IPO to repay debt, expand retail outlets, and solidify its healthcare market dominance.
World Business News
Novo Nordisk Raises 2026 Outlook as Q3 Adjusted Profit Jumps 27%
Novo Nordisk raised its 2026 sales and profit outlook after third-quarter adjusted operating profit rose 27% at constant exchange rates to DKK 31.72 billion,…
World Business News
CVS Health to Split in Two, Separating Aetna From Drugstores
CVS Health plans to separate into two listed companies by the first half of 2028, splitting Aetna and Caremark from its roughly 9,000 pharmacies,…
World Business News
Aramco Q3 Profit Jumps 34.5% as War Lifts Oil Prices
Saudi Aramco's third-quarter net profit rose 34.5% to US$36.25 billion on higher oil prices and a gain from selling its Malaysian PRefChem stake to…
Business News
Power Shift: Democrats Capture Senate and Close in on House as Voters Deliver Midterm Rebuke
The 2026 U.S. midterm elections marked a pivotal shift, with Democrats seizing control of the Senate and likely the House, reflecting voter demand for…
World Business News
Tucker Carlson Claims Trump Mulling Nuclear Strike on Iran’s Pickaxe Mountain
Tucker Carlson claimed the Trump administration could launch a nuclear strike on Iran's Pickaxe Mountain within days under pressure from Netanyahu, while the White…
World Business News
Bayer Raises 2026 Outlook as Pharma Beats Expectations, Shares Jump 5%
Bayer lifted its 2026 EBITDA, free cash flow and debt targets after third-quarter pharmaceuticals sales rose 8% to €4.68 billion, beating analyst forecasts, sending…
World Business News
Oil Slides on Hormuz Deal Hopes as Goldman Lifts Brent Forecast
Oil prices fell sharply on Monday on hopes of a US-Iran deal to reopen the Strait of Hormuz, even as Goldman Sachs raised its…
Business News
CIMB OCTO Users Can Now Pay by DuitNow QR in Nine Countries
CIMB OCTO app users can now scan and pay at Alipay+ merchants in China, Hong Kong, South Korea, the Philippines and Laos using DuitNow…
Business News
Malaysian Property Demand Holds Firm Despite Economic and Geopolitical Uncertainty
Malaysian property demand remains relatively resilient, but rising costs, cautious buyers and geopolitical tensions are expected to constrain sector growth and developers’ earnings.
Business News
Malaysia Manufacturing Rebounds Strongly as October PMI Returns to Growth
October PMI rose into expansion, driven by stronger orders, exports, hiring, and improving production activity.
Trade
Strong Domestic Demand and Trade Boost Malaysia’s 2026 Growth Outlook
Resilient domestic demand and accelerating trade drive Malaysia’s economic growth, with MBSB noting potential upside to its 2026 projections.
Ringgit
Ringgit Remains Firm Supported by Strong Macroeconomic Fundamentals Against Dollar
The ringgit maintains resilience amid US dollar hawkishness, with MBSB analysts forecasting a strengthening trend toward RM4.03 by year-end.