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Ringgit expected to hover between RM3.88 and RM3.90 next week
KUALA LUMPUR, Feb 28 — The ringgit is expected to trade range-bound against the greenback next week ahead of key data points from the United States and further developments related to the US-Iran nuclear talks. Bank Muamalat Malaysia Bhd chief
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Paramount wins bidding war for Warner Bros in US$110b mega-merger, shares up over 20pc
NEW YORK, Feb 28 — US media conglomerate Paramount Skydance announced yesterday it will acquire Warner Bros. Discovery in a deal valuing the combined company at US$110 billion (RM428 billion), after beating Netflix in a bruising bidding war. The agreement
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Germany orders global recall of over 330,000 BMWs over dashboard wiring fire risk
BERLIN, Feb 28 — Germany’s BMW must recall more than 330,000 cars worldwide because of concerns over a fire risk, the KBA transport regulator said yesterday, ordering a second recall for the brand in less than a month. Some 337,000
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Bursa Malaysia likely to trade sideways between 1,710 and 1,740 next week
KUALA LUMPUR, Feb 28 — Bursa Malaysia is expected to trade sideways within the 1,710-1,740 range next week, said Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng. He said that the index is projected to undergo a
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Petronas profit down 18pc, sets sights on Sabah and global growth
KUALA LUMPUR, Feb 27 — Petroliam Nasional Bhd’s net profit decreased by 18 per cent to RM45.4 billion in the financial year ended Dec 31, 2025 (FY2025), from RM55.1 billion in the previous financial year. The decline was in line
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South Korea approves Google bid to export high-precision map data
SEOUL, Feb 27 — South Korea today approved Google’s request to export the country’s high-precision map data to overseas servers, a major reversal after two decades of rejection that clears the way for the US tech giant to enter a
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Terengganu Oil & Gas Council members secure over RM1b in Petronas contracts annually since 2019
CHUKAI, Feb 27 — Members of the Terengganu Oil & Gas Council (TOGC) have bagged contracts worth more than RM1 billion annually to undertake several works in the oil and gas industry in the state from Petroliam Nasional Bhd (Petronas)
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DOSM: Malaysia’s January trade at RM272.4b as exports rise to RM146.9b; Penang top exporter
KUALA LUMPUR, Feb 27 — Malaysia’s total trade in January 2026 reached RM272.4 billion, with exports and imports recorded at RM146.9 billion and RM125.5 billion, respectively, according to the Department of Statistics Malaysia (DOSM). Chief statistician Malaysia, Datuk Seri Dr
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BNM: Malaysia’s official reserve assets rise to US$126.87b at end-January 2026
KUALA LUMPUR, Feb 27 — Malaysia’s official reserve assets amounted to US$126.87 billion (RM492 billion) as at end-January 2026, as compared to US$125.53 billion as at end-December 2025. Bank Negara Malaysia (BNM) said other foreign currency assets stood at US$569.7
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Ringgit opens firmer against US dollar, regional currencies
KUALA LUMPUR, Feb 27 — The ringgit opened marginally firmer against the US dollar and other major currencies on Friday, supported by a pullback in United States Treasury yields and early Asian session positioning, despite the US dollar index (DXY)
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