BusinessToday | Malaysia's Premier Business News Portal

Tokyo Stock Market Plunge On Tech Sell-Off

Editor - June 26, 2026

Tokyo stocks ended lower on Friday, with the benchmark Nikkei stock index briefly plunging more than 5 percent, logging its third-largest point drop ever. The 225-issue Nikkei Stock Average ended...

Markets

FBM KLCI Edges Higher In Late Rebound As Banking...

Business Today Editorial - June 26, 2026

Bursa Malaysia reversed earlier losses to close slightly higher on June 26, with a late rebound in banking counters pushing the benchmark index into positive territory just minutes before...

Markets

Decliners Overwhelm Gainers As Selling Pressure Dominates

Business Today Editorial - June 26, 2026

Market movement ended on a weaker note on June 26 as selling pressure dominated, with decliners overwhelming gainers by more than two-to-one at 728 versus 334. However, there were some...

Markets

Foreign Exchange Rates June 26, 2026

Business Today Editorial - June 26, 2026

The closing foreign exchange rates, sourced from Bank Negara Malaysia and recorded at 5pm on June 26, 2026, provide a comprehensive overview of currency fluctuations for the day. These rates,...

Markets

Gold Holds Above US$4,000 But Faces Fourth Straight Weekly...

Business Today Editorial - June 26, 2026

Gold prices were on course for a fourth consecutive weekly decline on Friday as expectations of further US interest rate hikes and a stronger US dollar continued to weigh...

Econpile Bags RM48.8 Million KL Service Apartment Foundation Works

Business Today Editorial - June 26, 2026

Piling and foundation specialist Econpile Holdings Bhd has secured a RM48.8 million contract to carry out specialist bored pile and foundation works for a 74-storey serviced apartment development along...

News

Vestland Bags RM135 Million Contract For Klang Factory Development

Editor - June 26, 2026

Vestland Berhad announced that its wholly-owned subsidiary has secured a contract worth RM135 million from Golden Armani Sdn Bhd (GASB) for superstructure works related to a factory development project...

News

Chin Hin To Transform Dormant Ulu Kelang Land Into...

Business Today Editorial - June 25, 2026

Chin Hin Group Property Bhd is set to transform a long-dormant development site in Bandar Ulu Kelang, Gombak, into a residential project with an estimated gross development value (GDV)...

News

Public Servants Permitted To Work From Home For 2 Days Starting August 1

Editor - June 26, 2026

The Public Services Department announced that the government has approved the implementation of the Hybrid Working Day as a new working norm for the...

Global

Volkswagen Plans For 100,000 Job Cuts, Shutdown Of Three German Plants

Editor - June 26, 2026

Volkswagen is considering cutting up to 100,000 jobs and shutting four German factories, according to Reuters. The plans would represent the biggest restructuring in the...

News

Malaysian Customs Foil Attempts To Smuggle Advance Chip Worth US$13 Million

Editor - June 26, 2026

Malaysian authorities foiled an attempt to smuggle advanced artificial intelligence chips through the country's main airport, customs officials said on Friday (Jun 26), in...

News

RNG Saw IPO Oversubscribed By 7.8 Times Ahead Of July 7 Listing

Editor - June 26, 2026

Rest N Go”saw its initial public offering oversubscribed by 7.8 times ahead of its listing on the ACE Market of Bursa Malaysia Securities. RNG...

News

Systech Proposes RM40 Million Share Capital Reduction To Eliminate Accumulated Losses

Business Today Editorial - June 26, 2026

Systech Bhd has proposed a RM40 million reduction in its issued share capital as part of a corporate restructuring exercise aimed at eliminating accumulated...

News

United Malacca Posts 50% FY26 PAT Growth To RM142.4 Million On Stronger Revenue Performance

Business Today Editorial - June 26, 2026

United Malacca Bhd delivered a 50% jump in profit after tax (PAT) to RM142.4 million for the financial year ended April 30, 2026 (FY26),...

News

Insights Analytics Posts RM41.47 Million In FY26 PAT

Business Today Editorial - June 26, 2026

KUALA LUMPUR: Insights Analytics Bhd recorded a profit after tax (PAT) of RM41.47 million for the financial year ended April 30, 2026 (FY26), underpinned...

Global

Container Ship’s Bridge Damaged After Projectile Strike In Strait Of Hormuz Transit

Business Today Editorial - June 26, 2026

A Singapore-registered container vessel, Ever Lovely, sustained damage to its bridge area after being struck by an unknown projectile while transiting the Strait of...