BusinessToday | Malaysia's Premier Business News Portal

Markets

Wall Street Rebounds Led By Nasdaq As Chip Stocks...

Editor - June 8, 2026

US stocks turned swiftly into the green on Monday morning, with tech stocks leading a broad bounce back from Friday's bruising session. Meanwhile, strikes between Iran and Israel put...

Markets

Bursa Malaysia Falls 13.91 Points As Global Risk-Off Sentiment...

Business Today Editorial - June 8, 2026

Bursa Malaysia ended lower on June 8, pressured by renewed geopolitical tensions in West Asia and weakness in global technology stocks, although the diversified composition of the benchmark index...

Markets

Losers Outpace Gainers Nearly Three-To-One

Business Today Editorial - June 8, 2026

Selling pressure intensified on Bursa Malaysia on June 8, with losers overwhelming gainers by 916 to 340 as investors continued to pare positions across selected blue-chip and mid-cap counters. Market...

Markets

Foreign Exchange Rates June 8, 2026

Business Today Editorial - June 8, 2026

The closing foreign exchange rates, sourced from Bank Negara Malaysia and recorded at 5pm on June 8, 2026, provide a comprehensive overview of currency fluctuations for the day. These rates,...

Markets

KOSPI Plunges 8%, Tripping Circuit Breakers, As Fed Fears...

Editor - June 8, 2026

South Korea's stock benchmark plunged over 8 per cent on Monday, tripping circuit breakers, after robust U.S. jobs data lifted bets on a Federal Reserve rate hike and unleashed...

Property

News

Tanco Unaware Reason Behind Share Price Drop

Editor - June 8, 2026

Tanco Holdings Bhd said it is unaware of any undisclosed corporate developments, rumours or other factors that could explain the sharp decline in its share price, following an Unusual...

News

Radium Development Chief Financial Officer Resigns After 3 Years

Editor - June 6, 2026

Radium Development Bhd has announced the resignation of its Chief Financial Officer (CFO), Lee Wei Jin, who is leaving the company to pursue personal interests. The property developer said Lee's...

News

Oriental Interest Launches Myra Embun Residential Starting From RM250,000

Editor - June 6, 2026

Oriental Interest, the developer of Myra, has unveiled Myra Embun, a new mixed development in Jenderam designed to serve the growing Putrajaya fringe. Set on 5.08 acres of freehold land,...

News

Sum Technology IPO Oversubscribed By 110 Times As It Gear For ACE Market Listing

Editor - June 8, 2026

Sum Technology Berhad’s initial public offering (IPO) has been oversubscribed by 110.54 times ahead of its scheduled listing on the ACE Market of Bursa...

Global

China’s EV Export Surges 112% In May Reaching 424,000 Units

Editor - June 8, 2026

China's exports of new energy passenger vehicles (NEVs) surged 112.6 percent from a year earlier in May, reaching a total of 424,000 units, industry...

News

OGSE Players Should Look Beyond Domestic Business And Expand Internationally

Editor - June 8, 2026

Economy Minister Datuk Seri Akmal Nasrullah Mohd Nasir has called on the Malaysia Petroleum Resources Corporation (MPRC) to play a stronger leadership role in...

News

Tanco Unaware Reason Behind Share Price Drop

Editor - June 8, 2026

Tanco Holdings Bhd said it is unaware of any undisclosed corporate developments, rumours or other factors that could explain the sharp decline in its...

News

AirBorneo Flights Grounded Due To Technical Issues, Disruption To Continue

Editor - June 8, 2026

AirBorneo has issued a formal clarification following a wave of flight delays and cancellations that have left passengers stranded across Sabah and Sarawak since...

Global

China To Upgrade 770,000 km Of Pipeline Under Its 15th Five-Year Plan

Editor - June 8, 2026

China will build and upgrade around 770,000 km of urban underground pipelines during the 15th Five-Year Plan period (2026-2030), an official said Monday. The country...

News

EC Meets June 12 To Set Key Dates For Negeri Sembilan And Johor Elections

Business Today Editorial - June 8, 2026

The Election Commission (EC) will hold a special meeting on June 12 to determine key dates for both the Negeri Sembilan and Johor state...

News

Petronas, ENI Launch Searah JV In Southeast Asia With US$20 Billion Investment Pipeline

Editor - June 8, 2026

Petroliam Nasional Bhd (PETRONAS) and Italian energy major Eni have formally established Searah, a 50:50 joint venture that combines selected upstream assets in Malaysia...