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Markets

Bursa Ends Higher As Easing US Yields Lift Risk...

Business Today Editorial - August 20, 2026

Bursa Malaysia closed higher on Aug 20 as easing US Treasury yields helped improve investor risk appetite following Washington’s move to ramp up Treasury buyback operations. At the closing bell,...

Markets

Market Breadth Turns Cautious As Losers Outpace Gainers

Business Today Editorial - August 20, 2026

The broader stock market breadth ended on a cautious note on Aug 20, with declining counters outnumbering gainers despite pockets of strength in YTL-linked stocks and selected heavyweights. Market breadth...

Markets

Foreign Exchange Rates Aug 20, 2026

Business Today Editorial - August 20, 2026

The closing foreign exchange rates, sourced from Bank Negara Malaysia and recorded at 5pm on Aug 20, 2026, provide a comprehensive overview of currency fluctuations for the day. These rates,...

Markets

Stock Today: IOI Properties Down 0.25% After SC Backs...

Business Today Editorial - August 20, 2026

IOI Properties Group Bhd edged lower at the close of Thursday’s trading session despite making progress on its proposed REIT, with the stock slipping 1 sen or 0.25% to...

Markets

Gold Pulls Back From US$4,526 Peak, Traders Book Profits

Business Today Editorial - August 20, 2026

Gold prices retreated on Thursday as investors took profits following a more than 4% surge in the previous session, although RHB Research maintained its long position after the precious...

Property

News

Bursa Reprimands Hua Yang Over Share Buyback Breach

Editor - August 20, 2026

Bursa Malaysia Securities Bhd has publicly reprimanded Hua Yang Bhd for breaching listing rules after the property developer bought back 4.48 million of its own shares through a direct...

News

IJM Clarifies Treasury Shares Resale Was Conducted Through Bursa...

Editor - August 20, 2026

IJM Corporation Bhd has clarified that the resale of its treasury shares was carried out through open-market transactions on Bursa Malaysia. The clarification follows an article published concerning the resale...

News

Analysts Cut SP Setia FY26-FY28 Forecast Citing Weaker Earnings...

Business Today Editorial - August 20, 2026

MBSB Research maintained its NEUTRAL call on S P Setia Bhd but lowered its target price to RM0.86 from RM0.98, while CIMB Securities kept its HOLD call and cut...

News

Global

Tencent Expands Wechat Pay In Southeast Asia With ShopeePay Tie Up

Editor - August 20, 2026

Tencent's cross-border payment platform TenPay Global announced a cooperation initiative with ShopeePay on Thursday, enabling users of the popular e-wallet in Southeast Asia to...

News

LBS Bina Declares 0.85 sen Dividend As 2QFY26 PATMI Comes In At RM15 Million

Editor - August 20, 2026

LBS Bina Group Berhad released its second quarter results recording revenue of RM340.5 million, an increase of 9.9% from RM309.8 million in the corresponding...

News

7-Eleven 2Q PAT Down 60% To RM8 Million, On Heavy Upfront Investment

Editor - August 20, 2026

7-Eleven Malaysia recorded Revenue of RM883.6m for 2Q 2026, an increase of RM78.0m or +9.7% as compared to RM805.6m in the corresponding quarter last...

News

DNeX To Dispose FPSO Excalibur For RM142 Million To MISC

Editor - August 20, 2026

Dagang NeXchange Bhd (DNeX) is disposing of the FPSO Excalibur floating production storage and offloading (FPSO) vessel to MISC Bhd for US$35 million (RM142.19...

News

Shangri-La Hotels Malaysia Renews Rasa Ria, Dalit Bay Agreement For Another 5 Years

Editor - August 20, 2026

Shangri-La Hotels (Malaysia) Bhd has renewed the management arrangements for its Shangri-La’s Rasa Ria Resort & Spa and Dalit Bay Golf & Country...

News

Bursa Reprimands Hua Yang Over Share Buyback Breach

Editor - August 20, 2026

Bursa Malaysia Securities Bhd has publicly reprimanded Hua Yang Bhd for breaching listing rules after the property developer bought back 4.48 million of its...

News

Malakoff Says GE Entities Withdraw Third Party Claim In Prai Power Arbitration

Editor - August 20, 2026

Malakoff Corporation Bhd said the General Electric entities involved in a long-running arbitration over the Prai Power Plant have withdrawn their third-party claim against...

News

IJM Clarifies Treasury Shares Resale Was Conducted Through Bursa Open Market

Editor - August 20, 2026

IJM Corporation Bhd has clarified that the resale of its treasury shares was carried out through open-market transactions on Bursa Malaysia. The clarification follows an...