
Local & World Business News

GSK eyes faster drug development as new CEO signals growth plan
CEO Luke Miels says the drugmaker aims to lift sales growth and speed up work on new medicines in its next phase of growth.
World Business

Gold climbs back near US$5,100 as US-Iran tensions lift safe-haven demand

Kuwait plans law to regulate issuance of sukuk locally and internationally, says PM
The Sweden-based automaker sold 177,830 cars in the November-January period.
The European Commission said a preliminary probe found the Chinese firm “may have received foreign subsidies that distort the EU market.”
Calls for reform have circulated for years but intensified sharply after Donald Trump returned to power, flouting agreed trade rules and imposing sweeping tariffs on allies and rivals alike.
Tokyo has come under pressure to reduce Russian imports while ensuring enough supplies for power-hungry data centres and AI.
Local Business

Bursa erases early gains to end lower on profit-taking

Ringgit rises against US dollar amid mixed Fed rate views
The purchasing managers’ index (PMI) rose to a 20-month high in January 2026, marking the third consecutive month of manufacturing sector growth, analysts say.
The index stays comfortably above key averages, implying that any short-term weakness is temporary and corrective in nature, says analyst.
Shareholders have about two months to consider Sunway Bhd’s RM11 billion bid for IJM Corp Bhd.
The Malaysia Gold Industry Principles, set to be published in Q3, will boost governance, transparency and confidence in the domestic gold market.










