Latest

Analyst Reports

Sound prospects for Duopharma Biotech

PETALING JAYA: Duopharma Biotech Bhd's earnings outlook remains resilient in spite of near-term uncertainties, underpinned by a solid growth strategy, earnings visibility and measures to mitigate rising input costs, analysts say.

Consumer

Mixed outlook for consumer sector

PETALING JAYA: Defensive consumer stocks with mass-market appeal can help smooth over some of the volatility and challenges facing the market as businesses grapple with rising costs amid more cautious spending.

Markets

Liftech targets RM23mil from ACE Market IPO

KUALA LUMPUR: Liftech Group Bhd aims to raise RM23mil through its initial public offering (IPO) for its proposed listing on the ACE Market of Bursa Malaysia on June 30, 2026.

Business

Bursa key beneficiary of MY Value Up initiative

PETALING JAYA: MY Value Up, a programme to improve the valuation of stocks listed on the domestic exchange, may be a catalyst for the re-rating of stock-exchange operator Bursa Malaysia Bhd, CGS International Research said.

Corporate News

Muhibbah bags RM300mil EPCC contract

PETALING JAYA: Muhibbah Engineering (M) Bhd has secured a contract from Lumut Maritime Terminal Sdn Bhd for the engineering, procurement, construction and commissioning (EPCC) of LNG Regasification Terminal 3's marine structure and ancillary works to the Lumut Maritime Terminal 2 in Perak, worth RM300mil.

Business

MSC mining operations profitability set to rise

PETALING JAYA: Malaysia Smelting Corp Bhd's (MSC) sand-tailings scavenging plant remains on track for commissioning by the third quarter of financial year 2026 (3Q26) and is expected to increase mining output, supporting higher self-generated feedstock.

Auto

Sustained demand seen for imported EVs

PETALING JAYA: Demand for lower-priced imported (completely built up or CBU) electric vehicles (EVs) could remain supported in the near term, as importers clear existing inventories and vehicles already in transit ahead of new import requirements taking effect on July 1, says MBSB Research.

Corporate News

AmBank to buy Menara AmBank for RM331mil

PETALING JAYA: AMMB Holdings Bhd (AmBank) plans to purchase Menara AmBank, which is located in Kuala Lumpur, for RM331mil in cash.

Business

South Korea’s KT&G emerges as an unlikely foreign favourite

SEOUL: So far, 2026 has been as good as it gets for South Korea's benchmark Kospi, with investors piling into chipmakers and artificial intelligence (AI)-driven data centre plays.

Property

UCSI campus coming to Gamuda Gardens

PETALING JAYA: UCSI University will soon be establishing a campus within the Gamuda Gardens' township in Rawang, Selangor.

Corporate News

Keyfield expands fleet with RM30mil vessel purchase

PETALING JAYA: Keyfield International Bhd has acquired a 2014-built Anchor Handling Tug Supply (AHTS) vessel for RM29.6mil as part of its fleet expansion strategy.

Analyst Reports

New premium brand to lift HSS Holdings

PETALING JAYA: ACE Market-bound HSS Holdings Bhd plans to enhance its production capabilities and broaden its product portfolio by acquiring new machinery and equipment for both Facility 1 and Facility 2.

Metro News

21 compounded over Ampang Jaya dengue outbreak

Residents in 21 Ampang Jaya, Selangor homes were slapped with compounds for mosquito breeding grounds found at their premises.

Technology

Huang: Sell-off in tech stocks a buying opportunity

NEW YORK: Nvidia Corp chief executive officer Jensen Huang calls a global tech stocks sell-off that began last week a buying opportunity, adding that he buildout of artificial intelligence (AI) has just begun. 

Banking

State lenders experience near double-digit growth

JAKARTA: The banking industry saw loan growth approaching double digits in April, even as growth remained sluggish in the micro, small and medium enterprise (MSME) segment, according to the Financial Services Authority (OJK).

Corporate News

Gas Malaysia in Tokyo Gas, VTTI energy partnership

KUALA LUMPUR: Gas Malaysia Bhd, a unit of MMC Corp Bhd, has taken a significant step in strengthening Malaysia's energy security with the signing of a joint development agreement with Tokyo Gas Co Ltd and VTTI BV for the proposed development of a liquefied natural gas (LNG) regasification terminal (RGT) in Yan, Kedah.

Insight

The real story behind China’s manufacturing might

CHINA Shock 2.0 is a powerful phrase that offers a fake story. In this telling, Chinese electric vehicles (EVs), batteries, solar panels and advanced manufactured goods are the latest version of the low-cost imports that reshaped Western manufacturing after China joined the World Trade Organization.

Banking

Trump: Fed rate increase will be wrong

WASHINGTON: President Donald Trump says the Federal Reserve (Fed) would be wrong to raise interest rates as his nominee Kevin Warsh prepares to chair his first Fed policy meeting.

Banking

RBNZ says country finding solutions to protectionism

WELLINGTON: New Zealand's central bank governor, Anna Breman, is seeing encouraging signs that will help counter the negative effects of deepening protectionism and a decline in global cooperation.

World

U.S. stocks close mixed

NEW YORK, June 8 (Xinhua) -- U.S. stocks ended mixed on Monday, as investors bought into selected technology shares amid renewed interest in the AI sector.