Ringgit opens higher against US$, other major currencies
KUALA LUMPUR: The ringgit opened slightly higher on Tuesday, driven by mild demand for the domestic note and the weakening…
FBM KLCI pushes past 1,600
KUALA LUMPUR: Malaysia's benchmark stock index continued to ride the positive momentum higher as foreign funds returned amid expectations of…
Amazon to spend nearly US$9bil to expand cloud infra in Singapore
AMAZON.com plans to spend S$12 billion ($8.88 billion) over the next four years to expand its cloud computing infrastructure in…
UBS reports first profit since taking over Credit Suisse
ZURICH: UBS reported net income of $1.8 billion for January-March, its first quarterly profit since it took over fallen rival…
Asia shares rise on rate cut bets; Aussie slips on RBA
SINGAPORE: Asian shares made 15-month highs on Tuesday on renewed confidence of U.S. interest rate cuts, while a weaker yen and…
Pekat unit in negotiations over purchase of stake in electrical power solutions firm
KUALA LUMPUR: Pekat Group Bhd's wholly-owned subsdiary Pekat Teknology Sdn Bhd has entered into negotiations with Apex Power Industry Sdn…
Saudi Aramco maintains dividend despite lower net income in Q1
DUBAI: Saudi Arabia's state-owned oil giant Aramco reported a 14.4% fall in first-quarter net profit on the back of lower…
M&A Securities and Newparadigm back Siab’s acquisition of Taghill with rights issue
KUALA LUMPUR: Siab Holdings Bhd has announced its plans to raise approximately RM103.98mil through private placement, of which RM12mil has…
Nintendo expects to sell 13.5 mln Switch units this year
TOKYO: Nintendo said on Tuesday it expects to sell 13.5 million Switch consoles in the financial year ending March 2025.