BusinessToday

US stocks advanced as August began, kicking off a busy week of earnings and ahead of a fresh look at the health of the labor market. The tech-heavy Nasdaq Composite rose by about 1%, while the S&P 500 gained 0.4%. The Dow Jones Industrial Average also increased 1% after a volatile July ended on a high note last […]

China aims to raise the share of its electricity generated from non-fossil energy sources to 50 percent by 2030, according to a newly released national plan outlining the country’s power sector development for the 2026-2030 period. The five-year plan, jointly issued by the National Development and Reform Commission and the National Energy Administration, sets out […]

Five-year RMB treasury bond futures debuted at the Hong Kong bourse on Monday, marking the first RMB treasury bond futures contract traded in the offshore market. The product is expected to complement Bond Connect and Swap Connect by providing international investors with an effective offshore hedging tool to meet their growing need for managing government […]

Ahmad Zaki Resources Berhad (AZRB) said its wholly owned subsidiary, Ahmad Zaki Sdn Bhd (AZSB), has been served with a winding-up petition over an alleged unpaid sum of RM3.94 million linked to works under the East Klang Valley Expressway (EKVE) project. The group said the petition was filed by Perunding ZKR Sdn Bhd at the […]

Nestcon Berhad has secured a RM74.52 million contract from Exsim MX4 Sdn. Bhd. to build a 28-storey affordable apartment project in Kwasa Damansara. The construction company said its wholly owned subsidiary, Nestcon Builders Sdn. Bhd. (NBSB), accepted the letter of award on Aug. 3 for the main building works of the residential development. The project […]