Sapura Energy 1Q25 net profit drops 43.8% to RM82.1mil
KUALA LUMPUR: Sapura Energy Bhd’s net profit fell 43.8% to RM82.1mil in the first quarter ended April 30 (1Q25), compared…
PETRONAS awards NBE cluster PSC to Vestigo for DRO cluster in Sabah
KOTA KINABALU: PETRONAS has inked a small field asset (SFA) production-sharing contract (PSC) with Vestigo Petroleum Sdn Bhd for a…
Air Selangor records revenue of RM2.82bil in 2023
KUALA LUMPUR: Pengurusan Air Selangor Sdn Bhd (Air Selangor) recorded revenue of RM2.82 billion in 2023, an increase of 15.1…
MARC Ratings downgrades YNH to BBIS after removing negative watch
KUALA LUMPUR: MARC Ratings has removed YNH Property Bhd’s Islamic Medium-Term Notes Programme (Sukuk Wakalah) rating from MARCWatch Negative placement…
Ringgit ends lower amid Fed’s hawkish stance ahead of PCE index release
KUALA LUMPUR: The ringgit ended marginally lower against the US dollar today as overall market sentiments remain focused on the…
Crescendo’s net profit soars to RM289mil in 1Q from data centre land sales
KUALA LUMPUR: Crescendo Corporation Bhd's net profit for the first quarter ended April 30, 2024 (1Q) surged to RM289.03 million…
SSF Home Group 4Q24 net profit jumps 212.6%
KUALA LUMPUR: SSF Home Group Bhd is well-positioned to leverage rising consumer power, supported by EPF Account 3 withdrawals, through…
BlackRock investments in Malaysia reach RM27.5bil, withdrawal will have negative implications
KUALA LUMPUR: The withdrawal of BlackRock's investment from Malaysia, if it happens, will have implications and negative impacts on efforts…
US weekly jobless claims drift lower
WASHINGTON: First-time applications for U.S. unemployment benefits drifted lower last week, which could allay fears of a material shift in…