Business News
Chemlite Innovation Signals Potential Uptrend Continuation
Chemlite m#businesay extend gains if RM0.235 breaks, with RM0.255 emerging as next target.
Category: Business News
Awards
Worldwide Holdings Recognised As Best Waste-To-Energy Developer
WHB COO Environment Danial Liew receives the Best Waste-to-Energy Developer award (third from the left) on behalf of the Group, alongside the Group CEO…
Business News
Feds rate unchanged at a target range of 3.75% to 4.00%
Feds rate unchanged while the FOMC is scheduled to meet one more time this year to deliberate on monetary policy:
Business News
1MDB vs Battersea: RM20.1 Billion Net Loss on One, Undisclosed Losses on the Other
Parliament heard this week that 1MDB leaves a RM20.1 billion net loss, while Battersea losses remain unquantified despite over £5 billion invested.
Business News
BUDI95 Targeted Petrol Subsidy to Save Government RM2.5 Billion to RM4 Billion a Year, Says Amir Hamzah
BUDI95 is expected to save RM2.5 billion to RM4 billion a year, with savings channelled to STR and SARA aid, Amir Hamzah said.
Business News
Bursa Malaysia Q3 Net Profit Rises 10% to RM70.21 Million on Stronger Trading Activity
Bursa Malaysia's third-quarter net profit rose to RM70.21 million as revenue climbed to RM216.42 million on stronger trading and listings.
Business News
Ringgit Firms to 3.1775 Against Singapore Dollar, Gains for Third Straight Session
The ringgit strengthened to 3.1775 against the Singapore dollar on Wednesday, its third straight daily gain against the city-state's currency.
Business News
FBM KLCI Edges Up 2.02 Points to 1,613.87 as Late Buying in Utilities Lifts Bursa Malaysia
Late buying in utility heavyweights lifted the FBM KLCI 0.13% to 1,613.87, with analysts eyeing a 1,600-1,630 range this week.
Business News
Matrix Concepts Expands Johor Footprint with RM169.3m Land Acquisition in Kulai
Matrix Concepts is strengthening its presence in Johor through the acquisition of 174.77 hectares of land in Kulai, supporting future mixed-use developments and expanding…
Business News
LPI Capital’s 9MFY26 Earnings Miss Expectations; Target Price Revised to RM11.70
LPI Capital’s 9MFY26 earnings lagged expectations, with core net profit declining 11% year-on-year. Despite moderate premium growth and stable underwriting performance, no dividend was…
Business News
MSECC: Structural Reforms, Not Cash Handouts, Key to Malaysia’s Economic Future
MSECC President Syed Azaudin bin Syed Ahmad said Budget 2027’s RM16 billion allocation for Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA), up…
Business News
BigSeller Shares Four-Point Inventory Checklist for Malaysian Sellers Ahead of 11.11
BigSeller provides four essential inventory checks for Malaysian sellers on Shopee, Lazada, and TikTok Shop before the 11.11 campaign.
Tech
Global stocks rise as AI optimism lifts technology shares
Global equities advanced as Anthropic’s IPO filing fuelled chip-stock buying, while investors awaited Federal Reserve policy guidance and major technology earnings.
Stocks and Markets
KLCI rebounds as technology and utilities stocks lead gains
The FBM KLCI rose 0.47% to 1,611.85 as improving global sentiment, easing oil prices and technology-led buying lifted Malaysian shares.
World Business News
Chugai Pharmaceutical Nine-Month Core Profit Rises 19% to ¥536 Billion, CEO Expects to Beat Full-Year Forecast
Chugai Pharmaceutical's January-September revenue rose 17.2% to ¥1,068.1 billion and core operating profit climbed 19% to ¥536.1 billion. Q3 core operating profit of ¥206.9…
World Business News
China’s Industrial Profits Jump 14.4% in September, Fastest in Three Months, as Electronics Earnings Double
Profits at China's major industrial firms rose 14.4% year on year in September, up from 4.2% in August, as electronics profits doubled and high-tech…