PERTH: Oil prices rebounded on Friday after U.S. President Donald Trump renewed threats against major Middle Eastern producer Iran, raising concerns of military action that could disrupt supplies.

The Star 59 minutes ago

KUALA LUMPUR: The ringgit opened near a five-year high against the US dollar on Friday after Bank Negara Malaysia (BNM)'s Monetary Policy Committee (MPC) kept the Overnight Policy Rate (OPR) at 2.75 per cent.

The Star 2 hours ago

KUALA LUMPUR: The FBM KLCI hovered near weekly highs following the previous day's rally triggered by US President Donald Trump stepping back from the tariff threats on Europe.

The Star 2 hours ago

KUALA LUMPUR: The ringgit opened near a five-year high against the US dollar on Friday after Bank Negara Malaysia (BNM)'s Monetary Policy Committee (MPC) kept the Overnight Policy Rate (OPR) at 2.75%.

The Star 2 hours ago

TikTok owner ByteDance will hold a 19.9 per cent stake in the joint venture to keep US operations running.

Channel News Asia 3 hours ago

ByteDance retains a 19.9 per cent stake in the joint venture - keeping its ownership below the 20 per cent threshold stipulated by the law.

Channel News Asia 3 hours ago

GLOBAL demand for smartphones, personal computers and gaming consoles is expected to shrink this year as companies from Britain's Raspberry Pi to HP Inc raise sticker prices to offset surging memory chip costs.

The Star 3 hours ago

KUALA LUMPUR: Eighteen banking institutions have confirmed participation in the Phase 2 Sandbox for the phased, orderly integration of MyDigital ID into the financial sector, in line with international best practices.

The Star 4 hours ago

Wall Street's main indices finished higher on Thursday, the second straight day of gains, as investors bought shares after US President Donald Trump rescinded tariff threats on European allies while data highlighted American economic resilience.

The Star 4 hours ago

Analysts say Trump's frequent policy reversals require investors to rethink traditional portfolio strategies.

Channel News Asia 6 hours ago

Melaka-based food products manufacturer Guan Huat Seng Holdings Bhd, which made its debut on the ACE Market yesterday, closed down 0.5 sen to 24.5 sen �" 2% lower than its initial public offering (IPO) price of 25 sen per share. A total of 31.25 millio...

The Star 12 hours ago

Innovation, diversification and transformation will remain key for consumer group Fraser & Neave Holdings Bhd (F&N).

The Star 12 hours ago

CIMB Group Holdings Bhd has been upgraded from AA to the highest possible rating AAA in the MSCI ESG Ratings.

The Star 12 hours ago

Wind and solar power produced more electricity than fossil fuels in the European Union (EU) for the first time last year, indicating the bloc's continued shift towards low-carbon energy despite resistance from some governments.

The Star 12 hours ago

The demand supply fundamentals of the oil and gas (O&G) sector remain bearish and have yet to present a sufficiently compelling risk-reward profile to justify broad accumulation.

The Star 12 hours ago

The Monetary Policy Committee's (MPC) decision to keep the overnight policy rate (OPR) at 2.75% is in line with overall consensus, says Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid.

The Star 12 hours ago

Cabnet Holdings Bhd's wholly-owned subsidiary, Cabnet M&E Sdn Bhd, has secured contracts worth RM14.8mil from Haily Construction Sdn Bhd for electrical system works on projects in Johor Baru.

The Star 12 hours ago

BWYS Group Bhd's shareholders have approved the disposal of a leasehold industrial property in Bukit Changgang for RM67mil, alongside the acquisition of a freehold industrial land in Tanjong Duabelas for RM94.5mil.

The Star 12 hours ago

British insurer Prudential says it has agreed to buy an additional 19% stake in Sri Han Suria, the holding company that owns Prudential Assurance Malaysia, for around RM1.52bil.

The Star 12 hours ago

Mega First Corp Bhd (MFCB) is set to acquire 25.79 million ordinary shares in Stenta Films (M) Sdn Bhd (SFM), representing a 12.50% equity interest in the latter, for RM33.10mil.

The Star 12 hours ago

Capital A Bhd's logistics arm, Teleport Everywhere Pte Ltd, has entered into an agreement to issue US$50mil or about RM205mil in redeemable convertible perpetual securities (RCPS) to funds managed by HPS Investment Partners.

The Star 12 hours ago

HSS Engineers Bhd's associate company, HSS Integrated Sdn Bhd, has been appointed the project management consultant for the enginering, procurement, construction and commissioning of the proposed 10.06MW load data centre and associated works in Bagan D...

The Star 12 hours ago

Aluminium supplier, AMS Advanced Material Bhd, has received approval for its listing on the ACE Market of Bursa Malaysia.

The Star 12 hours ago

Poultry farming company, Hock Soon Capital Bhd, aims to raise RM60mil from its initial public offering (IPO) ahead of its listing on the Main Market of Bursa Malaysia on Feb 13.

The Star 12 hours ago