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1d ago

Star Biz7
Asean equities in stronger investment phase

Asean (Association of South-East Asian nations) equities are set for a stronger second half of 2026 (2H26) as easing inflation, lower energy prices and improving policy stability restore investor confidence across the region.
1d ago

Banking
Fed Chairman Warsh faces cruel summer as bond yields spike

FEDERAL Reserve Chairman Kevin Warsh wanted a central bank that talked less and let the data speak. Now, markets are speaking for him - loudly.
1d ago

Business
Samsung Malaysia, Maybank partner to offer QR payments via Samsung Wallet

KUALA LUMPUR: Samsung Malaysia Electronics (SME) Sdn Bhd (Samsung) and Malayan Banking Bhd (Maybank) have partnered to introduce QR payment functionality through Samsung Wallet, enabling eligible Samsung Galaxy users to make QR payments directly from the digital wallet.
1d ago

Corporate News
YNH unit secures IRB approval for revised tax settlement

KUALA LUMPUR: YNH Property Bhd's wholly owned subsidiary, YNH Construction Sdn Bhd, has received approval from the Inland Revenue Board of Malaysia (IRB) for a revised settlement arrangement relating to a winding-up petition previously filed against the unit.
1d ago

Corporate News
Cyberjaya Education proposes RM235mil capital reduction

PETALING JAYA: Cyberjaya Education Group Bhd has announced a plan to execute a capital reduction of RM235mil to improve its financial standing
1d ago

Corporate News
Techna forms JV with KL Post for RM4mil digital media project

KUALA LUMPUR: Techna-X Bhd has entered into a joint venture (JV) with K.L. Post Sdn Bhd (KLP) to undertake a digital media, communications and marketing project valued at about RM4mil.
1d ago

Corporate News
Lagenda unit seeks to raise up to RM1.5bil via Sukuk Wakalah programme

PETALING JAYA: Lagenda Properties Bhd's wholly-owned subsidiary, Lagenda Capital Bhd, aims to raise upto RM1.5bil via a Sukuk Wakalah Programme that has been lodged with the Securities Commission Malaysia.
1d ago

Forex
Ringgit ends slightly lower against greenback amid West Asia tensions, US tariffs

KUALA LUMPUR: The ringgit closed marginally lower against the US dollar on Friday amid heightened uncertainty over crude oil prices following disruptions to vessel traffic in West Asia as well as the United States' (US) latest move to impose tariffs on 60 countries, including Malaysia.
1d ago

Markets
Bursa reprimands Meridian, fines executive director over listing breaches

PETALING JAYA: Bursa Malaysia Securities has publicly reprimanded Meridian Bhd and its executive director Tang Boon Koon for breaches of the Main Market Listing Requirements, while imposing a total fine of RM8,500 on Tang.
1d ago

Corporate News
Destini shareholders seek EGM to remove four directors

PETALING JAYA: Destini Bhd's four shareholders of Destini — LINC Shared Services Sdn Bhd, Veritas Aman Sdn Bhd, WP Travel Sdn Bhd and Azulite Bloom Sdn Bhd — have requisitioned an Extraordinary General Meeting for Aug 21, with the aim to seek the removal of four current directors.
1d ago

Economy
Malaysia among 17 economies subject to lower 10% US Section 301 tariff

KUALA LUMPUR: Malaysia has been placed in the lower tariff tier under the United States' Section 301 measures related to forced labour, with a 10% duty taking effect from 12.01 am US time on July 24.
1d ago

SME
SMEs should diversify export markets as US tariff takes effect

KUALA LUMPUR: The Small and Medium Enterprises Association (SAMENTA) has urged small and medium enterprises (SMEs) to reduce their over-reliance on any single Western export market following the implementation of the United States' latest 10 per cent import tariff.
1d ago

Markets
FBM KLCI closes lower as regional sell-off, fresh US tariff concerns weigh on sentiment

KUALA LUMPUR: The FBM KLCI slipped below the 1,700 psychological level during intraday trade on Friday before recovering to close above the mark, tracking a broad regional sell-off
1d ago

Aviation
Cathay Pacific raises fuel surcharges from August 1 as jet fuel prices surge

HONG KONG: Cathay Pacific Airways said on Friday it would raise passenger and cargo fuel surcharges from August 1, reversing a series of reductions since May, as jet fuel prices surge on renewed Middle East tensions.
1d ago

Business
Take Five: A US$100 question

LONDON: It's all about central banks next week and interest rate-setters as distant as Tokyo, Washington and London will only grow more nervous as war escalation in the Middle East puts oil prices back to $100.
1d ago

Corporate News
Khazanah is said to sell RM1.4bil Tenaga Nasional stake in placement

Malaysian sovereign wealth fund Khazanah Nasional Bhd. has sold RM1.39bil worth of shares in state-owned power firm Tenaga Nasional Bhd., according to people with knowledge of the matter.
1d ago

Business
Malaysia faces 10% duty under US’s new Section 301 tariffs over forced labour import rules

KUALA LUMPUR: Malaysia, among Asean countries, faces the lowest tariff of 10 per cent under the United States' new Section 301 tariffs following failure to impose and effectively enforce forced labour import rules.
1d ago

Auto
Proton opens 10 new outlets across Malaysia in 10 days

KUALA LUMPUR: Proton has opened 10 new outlets across Malaysia over a 10-day period, comprising four Proton outlets and six Proton e.MAS outlets, as it expands its sales, aftersales and electric vehicle (EV) support network.
1d ago

Energy
Oil prices head for weekly rise on Middle East escalation

BEIJING/SINGAPORE: Oil futures prices retreated on Friday but are still set for hefty weekly gains because of concerns about disrupted energy flows in the Red Sea and fears of further escalation in the U.S.-Israeli war on Iran.
1d ago

Commodities
Gold softens on prospects of Fed rate hikes

GOLD edged lower on Friday after falling 2% in the previous session, as Brent crude's move back above $100 a barrel stoked inflation concerns and strengthened the case for higher interest rates ahead of a Federal Reserve policy meeting next week.