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 30 minutes 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 54 minutes 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higher on Thursday, the second straight day of gains, as investors bought shares after US President Donald Trump rescinded tariff threats on European allies while data highlighted American economic resilience.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 2 hours ago

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

Channel News Asia 3 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 9 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 9 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 9 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 9 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 9 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 9 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 9 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 9 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 9 hours ago

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

The Star 9 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 9 hours ago

AirAsia X targets US$500mil to US$600mil in debt restructuring after the budget airline bought the short-haul aviation business of Capital A, says deputy group chief executive officer Farouk Kamal.

The Star 9 hours ago

Analysts are bracing for a moderation in the car sales momentum in 2026 amid a high base and intensifying competition, after Malaysia's total industry volume (TIV) hit a fresh record in 2025, defying expectations that sales would peak a year earlier.

The Star 9 hours ago

Equity markets are expected to remain range-bound in the near term, as investors balance improving short-term sentiment against lingering uncertainties surrounding geopolitics, global trade and interest rates.

The Star 9 hours ago

KIP Real Estate Investment Trust's (KIP-REIT) earnings outlook remains stable, supported by contributions from newly acquired retail and industrial assets that are estimated to add RM15.3mil annually.

The Star 9 hours ago

Analysts have maintained a positive view on Steel Hawk Bhd, amid the group's subcontract win in Sabah via its wholly-owned subsidiary Steel Hawk Engineering Sdn Bhd.

The Star 9 hours ago

Petroliam Nasional Bhd (PETRONAS), through Malaysia Petroleum Management (MPM), has unveiled the Offshore Self-Regulation Management System (OSRMS) 2.0 and the Guideline for Offshore Floating Facilities (GOFF) 2.0 to enable self-regulation of offshore ...

The Star 9 hours ago

Scientex Bhd surged ahead yesterday towards a four-month trading high as the short-term uptrend picked up pace.

The Star 9 hours ago

Malaysia Airports continues to expand international air connectivity with new airline services linking key cities in China to Kuala Lumpur International Airport (KLIA) and Tawau Airport, in support of Visit Malaysia 2026 (VM2026).

The Star 9 hours ago

Stakeholders of Velesto Energy Bhd will likely see a special dividend announcement in May, deriving from the sale of Naga 3 valued at US$63mil.

The Star 9 hours ago

Elridge Energy Holdings Bhd's memorandum of understanding with Berkana Power Company Ltd for the supply of about 100,000 tonnes per annum of palm kernel shells (PKS) is seen as a constructive development.

The Star 9 hours ago