Latest

1d ago

Technology
YTL AI Labs launches ILMU Claw to help users build AI agents

KUALA LUMPUR: YTL AI Labs today launched ILMU Claw, enabling Malaysian users, developers, and enterprises to build autonomous artificial intelligence (AI) agents, hosted entirely on Malaysian infrastructure through the secure YTL AI Cloud.
1d ago

Forex
Ringgit outlook firm, set to retest 3.88 level amid strong inflows

KUALA LUMPUR: The ringgit's outlook remains firm, supported by underlying macroeconomic fundamentals, with the market expected to retest the 3.88 level against the US dollar, reflecting short-term market positioning rather than a shift in the currency's trajectory, economists said.
1d ago

Markets
Asia stocks advance on Iran peace talks hopes, AI-driven flows

EQUITIES in Taiwan and South Korea scaled record peaks on Tuesday, fuelled by AI-related inflows, while stocks in the Philippines wavered and the peso slipped after Fitch revised its outlook for the country to "negative" on growth risks.
1d ago

Energy
War in Iran is causing biggest energy crisis in history, IEA says

PARIS: The conflict between Iran and the United States and Israel is creating the worst energy crisis ever faced by the world, the head of the International Energy Agency (IEA) said on Tuesday.
1d ago

Business
Matrade: RM5bil guarantee initiative to help sustain MSMEs export momentum

KUALA LUMPUR: The government's RM5 billion financial guarantee initiative for the micro, small and medium enterprises (MSMEs) is expected to provide a significant boost to sector, particularly exporters, by strengthening their working capital and sustaining trade momentum amid current cost pressures.
1d ago

Commodities
Gold falls as investors await clarity on US-Iran talks, dollar edges up

GOLD prices fell on Tuesday as investors waited to see whether the U.S. and Iran would consider attending peace talks after renewed tensions over the weekend, while a marginally firmer dollar added to the pressure.
1d ago

Energy
Oil falls on expectations US-Iran talks likely to proceed, opening supply

SINGAPORE: Oil prices fell over $1 on Tuesday, reversing gains in the previous session, on expectations peace talks between the U.S. and Iran will take place this week and lead to more supply to flow from the key Middle East producing region.
1d ago

Markets
EI Power eyes ACE Market listing

PETALING JAYA: Power engineering solutions provider, EI Power Bhd (EIP) has launched its prospectus in conjunction with its initial public offering (IPO) exercise on the ACE Market of Bursa Malaysia.
1d ago

Banking
Banks accelerating global expansion

AS Chinese banks accelerate their global push in support of the country's high-level opening-up, international expansion is rapidly emerging as a new battleground.
1d ago

Corporate News
Uzma unit and Boustead to collaborate on satellite comms

KUALA LUMPUR: Uzma Bhd via its subsidiary Uzma Space and Defence Sdn Bhd is exploring a collaboration with Boustead Holdings Bhd in the areas of satellite communications and geospatial intelligence.
1d ago

Banking
CIMB Thai records 8.4% higher net profit in 1Q

KUALA LUMPUR: CIMB Thai Bank PCL recorded a net profit of THB908.2mil (RM112.11mil), an increase of THB70.1mil or 8.4% year-on-year (y-o-y), in the first quarter of 2026, as compared to the same quarter in 2025, it announced in a statement today.
1d ago

Banking
Maybank HQ to officially relocate to Menara Merdeka 118 on May 6

KUALA LUMPUR: Malayan Banking Bhd (Maybank) has announced it will officially relocate its head office from Menara Maybank in Jalan Tun Perak to Menara Merdeka 118 Kuala Lumpur on May 6, 2026.
1d ago

Markets
FBM KLCI rallies in anticipation of new peace talks in Middle East

KUALA LUMPUR: The FBM KLCI picked up over the morning trading session as global markets reacted positively to reports Iran could be resuming peace talks with the US.
1d ago

Corporate News
PETRONAS, Terengganu state in tie-up to explore nature-based solutions projects

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) and the Terengganu state government, via the Terengganu Economic Planning Unit (UPEN), have signed a memorandum of understanding (MoU) to explore opportunities for the development of nature-based solutions (NbS) initiatives in the state.
1d ago

Corporate News
Enra subsidiary signs MOU with Boustead for Navy systems and support services

KUALA LUMPUR: Enra Group Bhd said its indirect 70%-owned subsidiary Enra Energy Solutions Sdn Bhd has inked a memorandum of understanding (MOU) with Boustead Holdings Bhd to explore opportunities in maintenance, repair and overhaul services for naval propulsion and power generation systems, as well as lifecycle support for surface vessels operated by the Royal Malaysian Navy.
1d ago

Commodities
Oil falls on expectations US-Iran talks likely to proceed, opening supply

SINGAPORE: Oil prices fell on Tuesday, reversing gains in the previous session, on expectations peace talks between the U.S. and Iran will take place this week and allow more supply to flow from the key Middle East producing region.
1d ago

Corporate News
Weststar targets bigger defence footprint as segment makes up 25% of business

KUALA LUMPUR: Weststar Group is looking to strengthen its footprint in the defence sector in Malaysia, leveraging the Defence Services Asia (DSA) and National Security (NATSEC) Asia 2026 exhibitions, as the segment currently contributes about 25 per cent to its overall business.
1d ago

Corporate News
MTT Shipping opens slightly higher at RM1.08 in Main Market debut

KUALA LUMPUR: MTT Shipping and Logistics Bhd opened at RM1.08 in its Main Market debut on Bursa Malaysia today, five sen above its initial public offering (IPO) price of RM1.03.
1d ago

Stock on the Move
IOIPG shares rise on S$2.48bil Singapore acquisition plan

KUALA LUMPUR: IOI Properties Group Bhd's shares rose in early trade following the announcement that its wholly owned subsidiary IOI Marina View Pte Ltd plans to acquire Asia Square Tower 2 in Singapore for S$2.48 billion (S$1=RM3.10).
1d ago

Markets
KK Mart plans Bursa Malaysia IPO with 840 million share offering

SINGAPORE: KK Mart Retail Bhd, which operates the KK Super Mart and KK Mart convenience store chain, plans to launch an initial public offering on Bursa Malaysia, according to a draft prospectus filed with the Securities Commission Malaysia late Monday.