Latest

3h ago

Corporate News
PetGas secures long-term jetty deal for proposed RGT-3 in Lumut

KUALA LUMPUR: PETRONAS Gas Bhd (PGB) has executed a jetty usage agreement (JUA) with Lumut Maritime Terminal Sdn Bhd (LMTSB) for the jetty utilisation of the Third Regasification Terminal (RGT-3) in Lumut, Perak.
3h ago

Corporate News
Golden Destinations declares 2.5 sen interim dividend after ACE Market listing

KUALA LUMPUR: Golden Destinations Group Bhd has declared an interim dividend of 2.5 sen per ordinary share for the financial year ending Dec 31, 2026.
4h ago

Corporate News
Cloudpoint to acquire CX One for RM16.8mil

PETALING JAYA: Cloudpoint Technology Bhd has proposed to acquire unified communications technologies firm CX One Sdn Bhd from Goh Poh Gan, Kursinah Samat, Chee May Poh and Ng Siao We for RM16.8mil cash.
4h ago

Corporate News
Hong Leong Industries posts higher 3Q net profit of RM138.37mil

KUALA LUMPUR: Hong Leong Industries Bhd (HLI) posted a higher net profit of RM138.37 million for the third quarter ended March 31, 2026 (3Q FY2026), compared to RM98.88 million in the same period for the last financial year.
4h ago

Business
Astro loses FIFA World Cup 2026 broadcast rights

KUALA LUMPUR: Astro Malaysia Holdings Bhd, which has broadcast the FIFA World Cup for the past two decades, said its bid for the tournament's broadcasting rights was unsuccessful due to rising content acquisition costs, piracy and weaker commercial viability.
4h ago

Corporate News
Blue Owl data centre operator stack is said to consider US$30bil sale of Asia operations

Stack Infrastructure Inc., a data centre company owned by Blue Owl Capital, is considering options including a sale of its Asia operations, according to people familiar with the matter.
4h ago

Forex
Ringgit continues upward momentum ahead of Bank Negara's OPR announcement

KUALA LUMPUR: The ringgit continued its upward momentum, closing mostly higher against most major currencies and regional peers on improved sentiment as investors await the decision on the Overnight Policy Rate (OPR).
5h ago

Corporate News
BCorp sells shares in Berjaya Property, SPToto to Vincent Tan for RM18.8mil

KUALA LUMPUR: Berjaya Corp Bhd (BCorp) has disposed of shares in Berjaya Property Bhd and Sports Toto Bhd (SPToto) to its major shareholder Tan Sri Vincent Tan Chee Yioun for RM18.76mil cash.
5h ago

Corporate News
EWI Capital fund acquires Melbourne asset for A$381mil

PETALING JAYA: EWI Capital Bhd has announced that the TrustCapital Australian Office Fund No. 3 has completed the acquisition of its first commercial asset, 750 Collins Street, Melbourne, VIC 3008, for a net purchase price A$381mil (RM1.09bil).
5h ago

Corporate News
Padini says none detained in MACC probe are employees or management

KUALA LUMPUR: Padini Holdings Bhd said none of the eight individuals detained in a Malaysian Anti-Corruption Commission (MACC) investigation are its employees, officers or management personnel.
5h ago

Auto
Miti: Imported electric vehicles subject to two main conditions from July 1, 2026

KUALA LUMPUR: All fully imported completely built-up (CBU) electric vehicles (EVs) are subject to two main conditions starting July 1, 2026, including a new minimum motor power limit of 180 kilowatts (kW) and above from 200 kW.
6h ago

Corporate News
Pansar wins RM235mil water treatment plant job

PETALING JAYA: Pansar Bhd has secured a contract from the Jabatan Bekalan Air Luar Bandar (JBALB) Sarawak to upgrade a water treatment plant in Saratok, Betong Division, Sarawak, worth RM234.89mil.
6h ago

Markets
Tech rally lifts local bourse amid AI optimism

KUALA LUMPUR: Bursa Malaysia closed higher on Wednesday, lifted by gains in technology and semiconductor-related stocks amid optimism over artificial intelligence (AI), while improving sentiment over a possible Iran peace deal also supported regional markets.
7h ago

Markets
China blue-chip index hits 4-year high as tech stocks surge

SHANGHAI: China's blue-chip index touched a four-year high on Wednesday as traders returning from a five-day holiday snapped up tech shares, inspired by persistent global enthusiasm for artificial intelligence and by fresh signs of China's economic resilience.
7h ago

Auto
Proton posts 40.9% rise in 4M26 sales

KUALA LUMPUR: National carmaker Proton Holdings Bhd recorded group sales of 18,156 units in April 2026, bringing total sales for the first four months of the year to 67,298 units, up 40.9% from the same period last year.
7h ago

Forex
Yen jumps abruptly as intervention speculation swirls

SINGAPORE/TOKYO: The yen surged suddenly on Wednesday, sparking speculation of further intervention by Tokyo, which is widely credited with last week's sharp rally in the battered currency.
7h ago

Markets
Bus Cap launches IPO prospectus

PETALING JAYA: Bus Cap Bhd has officially launched its prospectus in conjunction with its initial public offering (IPO) and proposed listing on the ACE Market of Bursa Malaysia Securities Bhd.
8h ago

Banking
MBSB inks 10-year bancatakaful partnership with FWD Takaful

KUALA LUMPUR: MBSB Bank Bhd has entered into a 10-year strategic bancatakaful service agreement with FWD Takaful Bhd to promote and market takaful products.
8h ago

Commodities
Gold jumps over 2% as Middle East peace hopes send oil, dollar lower

GOLD prices climbed more than 2% on Wednesday after U.S. President Donald Trump indicated a possible peace deal may be reached with Iran, sending the dollar and crude lower as inflation concerns ebbed somewhat.
8h ago

Energy
Oil extends slide as Trump indicates possible Iran peace deal

SINGAPORE: Oil prices fell for a second day on Wednesday on expectations bottled-up supply from the key Middle East producing region could resume flowing after U.S. President Donald Trump indicated a possible peace deal may be reached to end the war with Iran.