Energy

Weaker crude prices temper oil and gas sector prospects, says MBSB Research

PETALING JAYA: After the "unexciting" third-quarter earnings season, MBSB Research cautioned that the Malaysian oil and gas sector offers less upside in the future, amid crude oil price weakness that is likely here to stay.

Property

Ecoworld’s EBP7 forum sparks new industrial momentum in mvv 2.0

SEREMBAN: Eco Business Park VII (EBP7), EcoWorld's next-generation integrated industrial hub in Malaysia Vision Valley 2.0 (MVV 2.0), hosted the 'EcoWorld Connects: Business Ascend Forum', bringing together industry experts and business partners to discuss ASEAN opportunities, industrial transformation and the rise of the artificial intelligence (AI)-driven economy.

Corporate News

MSC restarts mining at Rahman Hydraulic Tin

KUALA LUMPUR: Malaysia Smelting Corporation Bhd (MSC) has resumed mining operations at its 80%-owned subsidiary, Rahman Hydraulic Tin Sdn Bhd (RHT), effective Dec 4, 2025.

Markets

Bursa Malaysia weaker at midday amid cautious trading

KUALA LUMPUR: The FBM KLCI sank deeper into the red at the lunch break as profit-taking continued to weigh on blue chips.

Economy

Malaysia's GDP to grow 4.6% in 2026, says CGS International

KUALA LUMPUR: Malaysia's gross domestic product (GDP) is expected to expand by 4.6 per cent in 2026, supported by improving external demand despite a slight moderation in domestic activity, said CGS International Securities Malaysia Sdn Bhd.

Investment

JLG secures RM30bil FDI for first phase of data centre project in IBTEC

KUALA LUMPUR: JLand Group Sdn Bhd (JLG) has received RM30 billion in foreign direct investment (FDI) for the phase one of its data centre development project, StepEast, located at Ibrahim Technopolis (IBTEC) in Johor.

Business

Trump praises Nvidia CEO Jensen Huang after discussion about export controls

WASHINGTON: U.S. President Donald Trump said on Wednesday he had visited with Nvidia's CEO Jensen Huang and said the chip giant executive was aware of where he stood on export controls.

Banking

RHB extends branch operating hours nationwide from Jan 1, 2026

KUALA LUMPUR: RHB Banking Group will extend operating hours across all its branches and RHB Premier centres nationwide beginning Jan 1, 2026.

Markets

PSP Energy among most active counters on ACE Market debut

KUALA LUMPUR: PSP Energy Bhd, a fuel and lubricant trader and distributor, emerged as one of the most active counters on Bursa Malaysia following its debut on the ACE Market.

Banking

Bank Negara draws up plan to reduce shareholding in PayNet

KUALA LUMPUR: Bank Negara Malaysia (BNM) has drawn up a long-term plan to gradually reduce its shareholding in Payments Network Malaysia Sdn Bhd (PayNet).

Forex

Ringgit extends gains, opens at 4.11 against US dollar

KUALA LUMPUR: The ringgit opened firmer at RM4.11 level against the US dollar this morning as markets priced in higher odds of United States (US) monetary easing next week.

Markets

FBM KLCI wavers amid Wall Street gains, muted local cues

KUALA LUMPUR: The FBM KLCI opened higher before retreating, as investors weighed Wall Street gains against muted domestic developments.

Markets

Trading ideas: Gabungan AQRS, SumiSaujana, Tafi, Muar Ban Lee, Wasco, Magni-Tech

KUALA LUMPUR: Gabungan AQRS Bhd, SumiSaujana Group Bhd, Tafi Industries Bhd, Muar Ban Lee Group Bhd (MBL), Wasco Bhd and Magni-Tech Industries Bhd are among the stocks to watch on Thursday.

Economy

Govt calls on businesses to hire fresh graduates 

The government has appealed to the private sector to create more jobs and relax requirements for entry-level positions as the labour market grapples with an annual influx of approximately 1.5 million new graduates.

Corporate News

PETRONAS job expected to strengthen Deleum revenue

Deleum Bhd's new contract with PETRONAS Carigali Sdn Bhd to service solar turbine turbomachinery is set to provide a lift its power and machinery (P&M) segment.

Corporate News

Genting, GenM face rising downgrade risks

There is now "high" risk of rating downgrades for Genting Bhd and Genting Malaysia Bhd (GenM), following Genting's RM3.1bil acquisition of additional shares in GenM, according to CreditSights.

Corporate News

Profit surge in 3Q calls for strategic stock selection

The total market profit for the third quarter of 2025 (3Q25) experienced a remarkable increase of 41.1% compared with the same period last year, marking the strongest growth in recent quarters.

Corporate News

Most S’pore employers plan to freeze headcount

More bosses here are planning for hiring freezes and wage moderation in 2026, according to a new survey commissioned by the Singapore National Employers Federation (SNEF).

Auto

Charging piles show Chinese heft in EVs

China has cemented its dominance in the global electric mobility sector, establishing a charging infrastructure network that far outpaces its international peers, say industry experts.

Economy

Growth in 2026 expected to outpace govt forecasts

Resilient private consumption is expected to support Malaysia's economic growth in 2026, on the back of stable employment conditions, the second phase of the civil service salary hikes in January, and a rise in tourist arrivals from Visit Malaysia 2026.