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Markets

US Stocks Slip, Oil Surge, After Trump Declares Ceasefire...

Editor - July 8, 2026

US stocks fell on Wednesday as oil surged after President Trump declared that the memorandum of understanding between the US and Iran was "over," raising the likelihood of a...

Markets

Late Buying Interest Lifts FBM KLCI Higher At Close

Business Today Editorial - July 8, 2026

Bursa Malaysia staged a late recovery on July 8, with last-minute buying interest helping the benchmark index close marginally higher despite mixed regional market performances. The FTSE Bursa Malaysia KLCI...

Markets

UMS Integration Leads Decliners As Bursa Stocks End Mixed

Business Today Editorial - July 8, 2026

Selling pressure weighed on several key counters as investors took profits across selected stocks. At the closing bell, market breadth was negative, with losers outpacing gainers 627 to 480, while...

Markets

Foreign Exchange Rates July 8, 2026

Business Today Editorial - July 8, 2026

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

Markets

Stock Today: Master Tec Shares Gain 1% After RM109...

Business Today Editorial - July 8, 2026

Shares of Master Tec Group Bhd traded higher after the cable manufacturer secured a one-year optional contract extension from Tenaga Nasional Berhad (TNB) worth RM109.54 million. As at 4.15pm, Master...

Property

News

YNH Property Disposes 2.6 Acre KL Land To Chin...

Editor - July 8, 2026

YNH Property Berhad (YNH Property) has agreed to dispose of a 2.61-acre freehold commercial development site in Kuala Lumpur to Chin Hin Group Property subsidiary for RM455 million. The...

News

Hektar REIT Completes RM30 Million Acquisition Of Bayan Lepas...

Editor - July 8, 2026

Hektar Real Estate Investment Trust announced that it has completed the acquisition of its first industrial property in the Bayan Lepas Free Industrial Zone, Penang. The acquisition, transacted at RM30 million represents...

News

At RM2,000 psq For KL City Project, Is SDP...

Business Today Editorial - July 7, 2026

Hong Leong Investment Bank Bhd (HLIB) maintained its BUY call on Sime Darby Property Bhd (SDP) with an unchanged target price of RM2.10 after the developer announced the RM160...

News

Enest Group Reports RM2 Million Profit For 1Q FY2026

Editor - July 8, 2026

Enest Group Berhad announced its financial results for the first quarter ended 31 March 2026 recording revenue of RM42.11 million, gross profit of RM4.25 million,...

Global

Indonesia’s Stock Exchange Vows To Defend EM Status Amid Downgrade Risk

Editor - July 8, 2026

The Indonesia Stock Exchange (IDX) has pledged to safeguard the country's position as an emerging market after two major global index providers placed Indonesia...

News

EITA Resources Secures RM20 Million Supply Contract From Data Centre In Indonesia

Editor - July 8, 2026

EITA Resources Berhad has secured a RM20.5 million contract to supply its Furutec Busduct System for a data centre project in Indonesia, strengthening the...

Global

Allianz To Cut 1,800 Jobs On Higher AI Use

Editor - July 8, 2026

Allianz's travel insurance division will cut up to 1,800 jobs due to the growing use of AI, said Tomas Kunzmann, CEO of Allianz Partners,...

Global

US Could Resume Naval Blockade Of Hormuz And Possibly Takeover Kharg Island, After Fresh Attacks

Editor - July 8, 2026

The United States could resume a naval blockade against Iran in the Strait of Hormuz and possibly take over Iran's Kharg Island, U.S. President...

News

YNH Property Disposes 2.6 Acre KL Land To Chin Hin For RM455 Million

Editor - July 8, 2026

YNH Property Berhad (YNH Property) has agreed to dispose of a 2.61-acre freehold commercial development site in Kuala Lumpur to Chin Hin Group Property...

News

Johor Residents Receive RM485 Million In SARA Cash Aid In 2026

Business Today Editorial - July 8, 2026

More than 942,000 recipients of the Sumbangan Tunai Rahmah (STR) in Johor received RM485 million in cash assistance from the federal government in 2026,...

News

TAR UMT Granted 10-Year Tax Exemption Extension

Business Today Editorial - July 8, 2026

Prime Minister Datuk Seri Anwar Ibrahim has approved a 10-year extension of tax exemption for Tunku Abdul Rahman University of Management and Technology (TAR...