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Markets

US Stocks Split With Dow Rising While Nasdaq And...

Editor - July 13, 2026

Stocks split ahead of a busy week after the US and Iran escalated fighting in the Middle East, sending oil prices higher, and AI stocks were under pressure. Notching the sole green...

Markets

Plantation Stocks Lift Bursa Higher, FBM KLCI Closes Above...

Business Today Editorial - July 13, 2026

Bursa Malaysia closed higher on Monday, with the benchmark FBM KLCI gaining 6.95 points or 0.41% to 1,698.44 as buying interest emerged in selected heavyweight counters. The index opened at...

Markets

Palm Oil Counters Shine As MPI, F&N Face Selling...

Business Today Editorial - July 13, 2026

Plantation counters dominated Bursa Malaysia’s top gainers list, led by United Plantations Bhd (UTDPLT), as several palm oil stocks recorded gains during trading. UTDPLT emerged as the biggest gainer, rising...

Markets

Foreign Exchange Rates July 13, 2026

Business Today Editorial - July 13, 2026

The closing foreign exchange rates, sourced from Bank Negara Malaysia and recorded at 5pm on July 13, 2026, provide a comprehensive overview of currency fluctuations for the day. These rates,...

Markets

Bursa Extends Midday Rally On Heavyweight Buying Despite Broad-Based...

Business Today Editorial - July 13, 2026

Bursa Malaysia remained in positive territory at midday of July 13 as bargain hunting in selected heavyweight stocks offset early profit-taking, although overall market sentiment stayed weak with decliners...

Property

News

Tanco Receives Approval For Smart AI Container Port Development...

Editor - July 13, 2026

Tanco Holdings Berhad announced that it has secured key regulatory approvals from the Port Dickson Municipal Council (MPPD) for its proposed Smart AI Container Port project. The group said...

News

HLIB Names Axis And Pavilion REIT As Top Sector...

Business Today Editorial - July 13, 2026

Hong Leong Investment Bank Bhd (HLIB) maintained its NEUTRAL call on the REIT sector, saying earnings growth will become the key driver after tax-related concerns were largely priced in,...

News

Sime Darby Property Loses Bid In West Coast Expressway...

Editor - July 13, 2026

Sime Darby Property Bhd said the Shah Alam High Court has set aside a RM78.6 million compensation award relating to severance and injurious affection arising from the compulsory acquisition...

News

Milux Corp To Acquire Smart Home Appliances Firm Movon For RM150 Million

Editor - July 13, 2026

Milux Corporation Bhd has proposed to acquire smart home appliances distributor Movon Sdn Bhd for RM150 million in a share-swap transaction. The company said...

News

Bina Darulaman, Energise Mutually Dissolve Green Energy Joint Venture

Editor - July 13, 2026

Bina Darulaman Bhd (BDB) and Energise Sdn Bhd have mutually agreed to terminate their joint venture established to pursue green energy and biomass-related businesses,...

Global

AI Investment Reason Behind Global Growth Despite Geopolitical Tensions, Says Principal Asset

Editor - July 13, 2026

Geopolitical tensions, persistent inflationary pressures and elevated energy costs continue to cloud the global economic outlook, but the artificial intelligence (AI) investment boom is...

Global

Global Smartphone Shipment In Q2 Hit Lowest Level Since 2013 On Chip Shortage

Editor - July 13, 2026

Global smartphone shipments fell 11 per cent in the second quarter to their lowest level for the period since 2013, as a prolonged memory...

News

PCCS Group Seeks To Diversify Into Credit Financing As Part Of Restructuring

Editor - July 13, 2026

PCCS Group Bhd has proposed to regularise its diversification into the credit financing and related insurance business while also seeking to distribute its finance...

Global

China Sets Ambitious US$8.8 Trillion Consumer Goods Sales Target By 2030

Editor - July 13, 2026

China has set a goal of raising total retail sales of consumer goods to around 60 trillion yuan (roughly 8.8 trillion U.S. dollars) by...

Global

EU Imposes Sanctions On Russians Over Human Rights And Cybercrime

Editor - July 13, 2026

The European Union on Monday broadened sanctions against Russia to include individuals and entities responsible for cybercrime and human rights violations, naming popular social...

News

Perak Corp Unit Defaults On RM18.3 Million MDV Financing

Editor - July 13, 2026

Perak Corporation Bhd (Perak Corp) has announced that its 49%-owned associate, Suaconcept Pro Sdn Bhd, has defaulted on repayments under a project financing facility...