Alstom to ask shareholders for US$1bil in rights issue to slash debt
French train maker Alstom on Wednesday said it would ask shareholders for around 1 billion euros ($1 billion) through a…
Oil dips on rising US stockpiles, cautious supply expectations
OIL prices fell in Asian trade on Wednesday as industry data showed a pile-up in crude and fuel inventories in…
Public Bank mobilises over RM53bil in sustainable finance
KUALA LUMPUR: Public Bank Bhd has mobilised more than RM53 billion of sustainable finance since 2020 which covers financing portfolio…
Swedish central bank lowers key rate, sees two more cuts this year
STOCKHOLM: Sweden's central bank cut its key interest rate to 3.75% from 4.00% on Wednesday as expected and said it…
KLCI dips on profit taking, stays firmly above 1,600 level
KUALA LUMPUR: The FBM KLCI finished marginally on Wednesday but remained firmly above the 1,600-point level, as profit-taking on select…
VSTECS appointed as the first Amazon Web Services distributor in Malaysia
KUALA LUMPUR: VSTECS Bhd through its wholly-owned subsidiary, VSTECS KU Sdn Bhd been named as the first Amazon Web Services…
MICCI, Penang work together to boost competitiveness in semiconductors, ports, trade
KUALA LUMPUR: Penang has unveiled several crucial initiatives focused on strengthening the state's position as a global economic leader in…
Dufu sees rise in global semiconductor sales and memory sector
KUALA LUMPUR: Dufu Technology Corp Bhd believes global semiconductor sales are increasing, along with a memory sector resurgence, signalling a…
Artroniq sells Penang property for RM1.8mil
KUALA LUMPUR: Artroniq Bhd’s 60% owned subsidiary, Fujim Digital Sdn Bhd has proposed to dispose of a piece of land…