Latest
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Corporate News
Dayang expects firm offshore activities despite weaker 2Q earnings
PETALING JAYA: Dayang Enterprise Holdings Bhd expects offshore activities to remain firm through the remainder of its current financial year.
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Markets
Bursa Malaysia ends higher on blue-chip buying, regional gains
KUALA LUMPUR: Bursa Malaysia ended higher on Thursday, buoyed by buying interest in blue-chip stocks amid a broader rally across regional markets.
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Forex
Dollar falls to three-month low as Treasury moves to soothe bond jitters
LONDON: The U.S. dollar was pinned near a three-month low on Thursday after the Treasury Department moved to calm a bond market selloff that had pushed long-end yields to their highest since 2007, lifting risk sentiment and undercutting the currency.
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Commodities
Gold retreats after scaling over 2-month peak on US Treasury move
GOLD fell on Thursday as investors booked profits after prices climbed to a more than two-month peak on a surprise U.S. Treasury liquidity-support announcement for long-duration bonds, which weakened the dollar and lowered Treasury yields.
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Markets
Asian equities climb, currencies firm as Treasury backstop steadies markets
MOST emerging Asian stocks and currencies rose on Thursday afternoon as lower U.S. Treasury yields and a weaker dollar lifted risk appetite after Washington eased bond market concerns.
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Property
China Evergrande founder sentenced to life in prison
SHENZHEN/HONG KONG: The founder of China Evergrande Group, the world's most-indebted property developer, was sentenced to life in prison by a Chinese court on Thursday, five years after the firm's collapse shook the nation's economy and financial markets.
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Corporate News
Mah Sing unlocks RM617.9mil from digital infrastructure land, accelerating next phase of growth
KUALA LUMPUR: Mah Sing Group Bhd is accelerating its digital infrastructure strategy with the disposal of approximately 31.89ha (78.8 acres) of commercial land within Mah Sing DC Hub @ Southville City.
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Energy
Oil gains on Middle East supply concerns amid impasse in US-Iran war
TOKYO/SINGAPORE: Oil prices climbed on Thursday on concerns the impasse in the U.S.-Israeli war against Iran will continue to disrupt supply from the key Middle Eastern producing region and tighten global supplies.
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Corporate News
NCT Group partners RHB Bank, SJPP to support SME growth
KUALA LUMPUR: NCT Group of Companies has partnered with RHB Bank Bhd and Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) to support Malaysian small and medium enterprises (SMEs) through access to financing and government guarantee schemes.
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Economy
Malaysia affected by Strait of Hormuz issue, but not as severely as countries without oil & gas, says Johari
IPOH: Malaysia has also been affected by the crisis and disruptions to the energy sector related to the dispute over the Strait of Hormuz, however, the impact will not be as severe as in countries that have no oil and gas resources.
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Auto
Chinese automakers building more factories overseas
CHINESE automakers are accelerating their global expansion by integrating their entire industry chains into local economies, providing safe, eco-friendly and smart mobility solutions that boost local employment and economic growth worldwide.
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Economy
MyCEB steps up efforts to attract Indonesian business events to Malaysia
JAKARTA: The Malaysia Convention & Exhibition Bureau (MyCEB) is stepping up efforts to attract more business events from Indonesia to Malaysia through its Indonesia Roadshow 2026 in Surabaya and Jakarta, as part of efforts supporting Visit Malaysia 2026.
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Corporate News
IJM completes resale of 142.4mil Treasury shares, raises RM385mil in proceeds
KUALA LUMPUR: IJM Corporation Bhd has completed the resale of its entire 142.4 million treasury shares, raising approximately RM385 million in net proceeds.
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Corporate News
Kossan Rubber's net profit doubles in 2Q on higher gloves ASP, sales
KUALA LUMPUR: Kossan Rubber Industries Bhd's net profit doubled in the second quarter ended June 30, 2026, as the gloves division reported a 53.43% year-on-year (y-o-y) surge in revenue on higher average selling prices (ASP) and sales volumes.
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Commodities
Oil gains on Middle East supply concerns amid impasse in US-Iran war
TOKYO/SINGAPORE: Oil prices climbed on Thursday on concerns the impasse in the U.S.-Israeli war against Iran will continue to disrupt supply from the key Middle Eastern producing region and tighten global supplies.
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Corporate News
Sunway Healthcare's 2Q earnings jumps on rising hospital contributions
KUALA LUMPUR: Sunway Healthcare Holdings Bhd remains positive about its prospects for FY26 after registering broad-based growth across its hospital network, improved operating leverage and rising contributions from its newer hospitals.
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Economy
Malaysia's total trade surges 37% in July on broad-based export gains
KUALA LUMPUR: Malaysia's trade performance in July surged 37.3% year-on-year (y-o-y) on the back of broad-based export gains across the manufactured, agriculture and mining goods sectors.
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Banking
Ryt Bank marks first anniversary with 1.5mil customers
KUALA LUMPUR: Ryt Bank has marked its first anniversary with more than 1.5 million customers, making it Malaysia's largest digital bank within its first year of operations.
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Banking
CIMB onboards Infineon Melaka onto payroll banking solution
KUALA LUMPUR: CIMB Bank Bhd has onboarded Infineon Technologies (M) Sdn Bhd Melaka (Infineon Melaka) employees onto the CIMB@Work payroll banking solution, marking one of its largest payroll onboarding initiatives.
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Economy
Australia jobless rate hits near 5-year high of 4.5% in July
SYDNEY: Australian employment unexpectedly fell in July and the jobless rate hit its highest point since late 2021, data showed on Thursday, adding to signs of a cooling labour market and easing pressure for another interest rate hike.
