Wall Street Rallies on Fed Hopes as Dow Hits Record High
NEW YORK, Aug 22 – U.S. stocks closed sharply higher on Friday, buoyed by growing optimism that the Federal Reserve could move toward cutting interest rates as early…
Business and Finance
Latest Posts
Digital Services Take Center Stage at China Jiangsu Expo in Malaysia
KUALA LUMPUR, Aug 23 – The China Jiangsu Service Trade Expo 2025 opened in Kuala Lumpur on Friday, bringing together 70 exhibitors from Jiangsu province to showcase their…
Khazanah Reaffirms Venture Capital Support Following PAC Review of FashionValet Investment
Kuala Lumpur, 22 August 2025 – Khazanah Nasional Bhd has reaffirmed its unwavering commitment to fostering Malaysia’s venture capital (VC) landscape, while acknowledging the findings of the Public…
Ringgit Eases Against US Dollar Ahead of Jackson Hole Symposium
KUALA LUMPUR: The ringgit closed the week firmer against most regional currencies but slipped slightly versus the US dollar as investors awaited key signals from the Jackson Hole…
Gold Futures Slip Ahead of Fed’s Jackson Hole Symposium
KUALA LUMPUR, 22 August 2025 – Gold futures on Bursa Malaysia Derivatives ended lower on Friday, mirroring the sentiment in U.S. markets as global investors braced for Federal…
CBH Engineering Secures RM52.8 Million Contract for Data Centre Infrastructure
KUALA LUMPUR, 22 August 2025 – CBH Engineering Holdings Berhad (CBH Engineering), via its wholly-owned subsidiary CBH Engineering Sdn Bhd, has been awarded an important RM52.8 million contract…
CIMB Flags Rising Costs and Rich Valuation as Headwinds to 7-Eleven Malaysia’s Growth
Kuala Lumpur, 22 August 2025 – CIMB Investment Bank Bhd has reaffirmed its REDUCE rating on 7-Eleven Malaysia Bhd, maintaining a target price of RM 1.63, amid mounting…
Bursa Malaysia and MPOC Showcase East Malaysia’s Rising Influence in Global Palm Oil Trade
KOTA KINABALU – Bursa Malaysia Derivatives Bhd, in partnership with the Malaysian Palm Oil Council (MPOC), convened the East Malaysia Palm Oil Forum (EMPOF) 2025 in Sabah, bringing…
Malayan Cement Rallies on Robust Earnings as Analysts Lift Targets
KUALA LUMPUR (Aug 22) – Shares of Malayan Cement Bhd climbed on Friday after the company delivered stronger-than-expected earnings, prompting analysts to raise their outlook on Malaysia’s largest…
StanChart Shares Climb After U.S. Department of Justice Favourable Ruling
London: Standard Chartered’s shares rose by 3 percent on Friday following a positive development in a long‑running civil case with the U.S. Department of Justice. The London-based, Asia-centric…