Wall Street Take A Hit As Major Indexes Drop,...

US stocks declined on Friday, putting the major indexes on track for weekly losses, as the semiconductor sector continued to drag markets lower. The Dow Jones Industrial Average dropped 1%,...

Foreign Inflows Lift FBM KLCI 9.26 Points At Close

Bursa Malaysia’s benchmark index ended firmly higher on July 17, lifted by sustained foreign fund inflows and improving domestic economic fundamentals. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI)...

Decliners Dominate Bursa As Broader Market Weakens

Decliners overwhelmed gainers on the stock market movement on July 17, with 690 counters falling against 413 advancing as broad-based selling pressure weighed on the market. A total of 550...

Foreign Exchange Rates July 17, 2026

The closing foreign exchange rates, sourced from Bank Negara Malaysia and recorded at 5pm on July 17, 2026, provide a comprehensive overview of currency fluctuations for the day. These rates,...

Gold Prices Drift Lower With RHB Targeting US$3,850 Support

Gold prices were heading for their biggest weekly decline in six weeks as escalating US-Iran tensions pushed oil prices higher, raising inflation concerns and strengthening expectations that the Federal...

Pesona Metro Wins RM247 Million Contract To Build Setia...

Pesona Metro Holdings Berhad (PMHB) has secured a RM247.5 million construction contract to undertake piling, basement, main building and external works for the proposed Setia Alam Medical Centre in Shah Alam....

Guocoland Malaysia Shares To Be Suspended From July 30...

GuocoLand (Malaysia) Berhad (GLM) has announced that trading of its shares on the Main Market of Bursa Malaysia will be suspended from July 30, 2026, as the company moves...

Berjaya Property Explains RM58 Million Investment In Perlis Inland...

Berjaya Property Bhd has provided further details on its proposed RM58 million investment in Manjaran Sdn Bhd, saying the acquisition is underpinned by the long-term growth prospects of the...

MARC Affirms AA Ratings On VS Capital RM1 Billion IMTN

MARC Ratings has affirmed its AAIS(cg) rating on VS Capital Management Sdn Bhd’s Islamic Medium-Term Notes programme of up to RM1.0 billion, with a stable outlook. The rating...

China Welcomes US Decision To End Hong Kong Emergency

China has welcomed the United States' decision not to extend a Hong Kong-related national emergency, describing the move as an important step towards implementing...

Astro To Dispose Dengkil Asset To AIMS Central For RM92 Million

Astro Malaysia Holdings Bhd (Astro) is disposing of a freehold commercial property in Dengkil, Selangor, for RM92 million as part of efforts to unlock...

Handal Energy Cancels Adjourned AGM, Targets Annual Report Release By Aug 7

Handal Energy Bhd has cancelled its adjourned 16th Annual General Meeting (AGM) scheduled for July 23, as the company continues to work towards finalising...

Labour Party Leader Andy Burnham Set To Be Britain’s Next Prime Minister

Britain's Labour Party announced Friday that Andy Burnham has been confirmed as its leader. Burnham, former mayor of Greater Manchester, is expected to be appointed...

PTT Synergy To Acquire Warehousing Software For RM30 Million

PTT Synergy Group Bhd's indirect subsidiary has entered into an agreement to acquire the intellectual property rights to a suite of warehouse and logistics...

CPE Technology To Invest RM34 Million In New Machinery

CPE Technology Bhd is investing RM34.52 million in new manufacturing equipment through its wholly owned subsidiary, Champion Precision Technology Sdn. Bhd. (CPT), to support...

Apple Overtakes Nvidia As World’s Most Valuable Company

Apple overtook Nvidia on Friday (Jul 17) to become the world's most valuable company, reshuffling the top ranks of tech heavyweights as investors reassess...

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Trade

Malaysia’s Stronger Growth Prompts OCBC To Raise 2026 GDP...

OCBC has raised its 2026 GDP growth forecast for Malaysia to 5.2%, up from 4.4%, following...

German MNCs Remain Confident In Malaysia Despite Global Headwinds,...

German companies operating in Malaysia remain optimistic about their business prospects despite mounting geopolitical...

Consumer Price Index Edges Up 1.9% In June Pushed...

Malaysia’s inflation increased 1.9 per cent in June 2026 as compared to 2.0 per...

ASEAN Set To Emerge As Major EV Manufacturing And...

ASEAN is poised to become one of the world's fastest-growing electric vehicle (EV) markets...

Malaysia’s 2H2026 Outlook: Steady Rates, Semiconductor And Data Centre...

Malaysia's economic growth forecast for 2026 has been upgraded to 4.7% from 4.5%, supported...

Emerging Market Sovereigns Upgrades Have Outnumbered Downgrades In 2026,...

Emerging market economies have been generally resilient in 2026, with sovereign rating upgrades outpacing...

BMI’s Malaysia Consumer Outlook: Stable Spending Growth Over 2026...

Malaysia's consumer spending is expected to remain resilient through 2026 and 2027, supported by...

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