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Markets

Tech Rout Reappears With Nasdaq Declining 2.9% This Week

Editor - July 18, 2026

US stocks declined on Friday, with the major indexes posting weekly losses led by declines in the semiconductor sector. The Dow Jones Industrial Average fell by about 0.7%, while the...

Markets

Hang Seng Slumps 446 Points As Tech Selling Deepens

Business Today Editorial - July 18, 2026

Hong Kong stocks ended sharply lower on July 17, with the Hang Seng Index tumbling 446.36 points, or 1.78%, to 24,562.24 amid heavy selling in technology counters. The retreat reflected...

Markets

Bank Sell-Off Drags Singapore’s STI 0.54% Lower

Business Today Editorial - July 18, 2026

Singapore stocks closed lower on July 17 as losses across the city-state’s three major banks pulled the Straits Times Index (STI) down 29.95 points, or 0.54%, to 5,509.43. The benchmark...

Markets

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

Editor - July 17, 2026

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%,...

Markets

Foreign Inflows Lift FBM KLCI 9.26 Points At Close

Business Today Editorial - July 17, 2026

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)...

Property

News

EPF Cuts Stake In Pavilion REIT After Disposing 4.88...

Editor - July 18, 2026

The Employees Provident Fund (EPF) has reduced its stake in Pavilion Real Estate Investment Trust (Pavilion REIT) after disposing of 4.88 million units in the trust. According to filing, the...

News

Property Demand Cooling Down As Banks Get Stickier In...

Business Today Editorial - July 18, 2026

MBSB Investment Bank Bhd (MBSB Research) has maintained its NEUTRAL stance on the property sector, citing stable buying sentiment in the first five months of 2026 but with moderating...

News

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

Editor - July 17, 2026

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....

News

MACC Seeks Public’s Help Locate Malaysian For Forfeiture Hearing

Editor - July 18, 2026

The Malaysian Anti-Corruption Commission (MACC) is seeking public assistance to locate a Malaysian man who is required to submit affidavit documents and attend a...

News

Sweeping Healthcare Reform To Reshape Malaysia’s Insurance Sector In 2H 2026

Editor - July 18, 2026

The nation's insurance sector is entering the second half of 2026 with resilient earnings prospects, but insurers will increasingly be judged by their ability...

News

EPF Cuts Stake In Pavilion REIT After Disposing 4.88 Million Shares

Editor - July 18, 2026

The Employees Provident Fund (EPF) has reduced its stake in Pavilion Real Estate Investment Trust (Pavilion REIT) after disposing of 4.88 million units in...

News

Penang Water Tariff Hike Stays Despite Guan Eng’s Call For 1 Year Postponement

Editor - July 18, 2026

The Penang government will proceed with the implementation of the revised domestic water tariff that came into effect on July 1, despite a proposal...

News

UMediC’s Growth Support Lies On Dual-Engine Business Model

Business Today Editorial - July 18, 2026

MBSB Investment Bank Bhd (MBSB Research) has initiated coverage on UMediC Group Bhd with a BUY recommendation and a target price of RM0.42 per...

News

Government Support Key Catalyst For Consumer Sector

Editor - July 18, 2026

The value retail segment is expected to remain the standout performer within the consumer discretionary sector as cost-conscious households continue prioritising affordable everyday purchases,...

News

BN Tipped To Repeat Johor Success In Negeri Sembilan, But Race To Be Tighter

Nurul Najmin - July 18, 2026

Barisan Nasional (BN) is expected to repeat its strong showing in Johor at the upcoming Negeri Sembilan state election, although the contest is likely...

News

300,00 Estimated To Watch 2026 World Cup Finals At Dataran Merdeka

BusinessToday - July 18, 2026

Around 300,000 visitors are expected to gather at several locations in the capital, including Dataran Merdeka and the Kuala Lumpur Contingent Police Headquarters (IPK),...