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How a social media empire is serving up shares
KUALA LUMPUR — Foodie Media Bhd, the company behind popular social media brands such as KL Foodie and Penang Foodie, has launched its initial public offering (IPO) on Bursa Malaysia’s ACE Market, with listing scheduled for Nov 28. The IPO
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Genting extends GENM buyout timeline to Dec 1 after triggering mandatory takeover threshold
KUALA LUMPUR, Nov 14 — Genting Bhd has extended the closing date for its voluntary takeover bid for Genting Malaysia Bhd (GENM) to 5pm on December 1, pushing it back from the earlier deadline of November 24. The extension follows
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Ringgit nudges 13-month high as investors await Malaysia’s Q3 GDP numbers
KUALA LUMPUR, Nov 14 — The ringgit opened higher against the US dollar for a 10th straight session this morning, extending its gains ahead of Malaysia’s third-quarter (Q3) 2025 gross domestic product (GDP) data, due this afternoon, an analyst said.
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Vietnam seeks swift tariff deal with US as American trade deficit with Hanoi hits US$111b, third after China and Mexico
HANOI, Nov 12 — Vietnam is working to sign a trade agreement with the United States soon, Deputy Prime Minister Bui Thanh Son said today, as a new round of negotiations gets underway in Washington. In October, the two countries
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India becomes battleground as Novo Nordisk cuts Wegovy price by up to 37pc, Eli Lilly’s Mounjaro surges
BENGALURU, Nov 12 — Danish drugmaker Novo Nordisk said yesterday it had cut the price of its weight-loss drug, Wegovy, by up to 37 per cent from its launch price in India, as it looks to gain ground in one
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Mr DIY shares rise after Q3 profit rises 12pc on new store openings
KUALA LUMPUR, Nov 11 — Mr DIY Group (M) Bhd shares rose 2.5 per cent in early trade on Bursa Malaysia today after the company reported stronger earnings for the third quarter (3Q) ended September 30, 2025. The country’s largest
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Sony lifts full-year forecast on ‘Demon Slayer’ success, strong PlayStation sales
TOKYO, Nov 11 — Japanese giant Sony hiked its full-year revenue and profit forecasts today on the back of the huge global success of the latest Demon Slayer anime blockbuster. The company also put the increase down to higher sales of its PlayStation
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Local funds buy RM280.7m on Bursa, extending five-week streak
KUALA LUMPUR, Nov 10 — Local institutions extended to a five-week consecutive streak of net purchases, recording inflows of RM280.7 million last week. In its fund flow report for the week ended Nov 7, MBSB Investment Bank Bhd (MBSB) said
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Bursa Malaysia opens higher on buying interest, ringgit strength supports sentiment
KUALA LUMPUR, Nov 10 — Bursa Malaysia started the week on a high note with buying support on selected heavyweights and the ongoing strength in the ringgit should entice some inflow of funds into the domestic market despite a mixed
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Bursa starts slightly higher as Wall Street rebound lifts sentiment
KUALA LUMPUR, Nov 6 — Bursa Malaysia opened marginally higher today, recouping yesterday’s losses in line with gains from Wall Street overnight. At 9.10 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) inched up 0.36 points, or 0.02 per cent, to
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