BusinessToday | Malaysia's Premier Business News Portal

Markets

US Stocks Mixed With Only Dow Rising While Nasdaq...

Editor - July 22, 2026

US stocks diverged on Wednesday as investors looked ahead to earnings from Alphabet and Tesla after the market close, while fresh tariffs and rising oil prices remained in focus. The...

Markets

FBM KLCI Slips 0.52% As Bursa Closes In The...

Business Today Editorial - July 22, 2026

Bursa Malaysia ended lower on Wednesday, with the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) falling 9.00 points, or 0.52 per cent, to 1,711.37 at the close. The benchmark index...

Markets

MPI Leads Gains As Tech And Energy Stocks Support...

BusinessToday - July 22, 2026

The stock market ended the trading session on a mixed note, with semiconductor and energy-related counters providing support while weakness in consumer staples, plantations, and selected utilities weighed on...

Markets

Foreign Exchange Rates July 22, 2026

BusinessToday - July 22, 2026

The closing foreign exchange rates, sourced from Bank Negara Malaysia and recorded at 5pm on July 22, 2026, provide a comprehensive overview of currency fluctuations for the day. These rates,...

Markets

Is The Yellow Metal Set For Bullish Momentum?

Editor - July 22, 2026

The COMEX Gold climbed higher towards the immediate resistance to close at USD4,076.40 as strong buying momentum followed through. The commodity started yesterday’s session at USD4,013.40. It found the...

Property

News

OCR Acquiring 49% Stake In Chester Properties From Dato...

Editor - July 22, 2026

OCR Group Bhd is acquiring a 49% equity interest in Chester Properties Sdn Bhd for RM19.6 million, as it seeks to expand into property marketing. The developer aid it...

News

GDB Bags RM439 Million Mont Kiara Hotel And Residences...

Editor - July 22, 2026

GDB Holdings Berhad informed that it had secured a RM439.4 million contract to construct the Wolo Hotel & Residences Mont Kiara KL project in Kuala Lumpur, from Magma Kiara...

News

IGB REIT 2Q26 Net Property Income Surges 51% To...

Editor - July 22, 2026

For the second quarter ended 30 June 2026, IGB REIT recorded a total revenue of RM241.0 million, an increase of 50.5% against the preceding year’s quarter of RM160.1 million....

News

Global

China Extends Zero-Tariff To 163 Countries

Editor - July 22, 2026

China said it has now granted zero-tariff policies for 63 countries, as the country looks to further expand its opening up policy. The customs authority...

News

OCR Acquiring 49% Stake In Chester Properties From Dato Howard Chew For RM19 Million

Editor - July 22, 2026

OCR Group Bhd is acquiring a 49% equity interest in Chester Properties Sdn Bhd for RM19.6 million, as it seeks to expand into property...

Global

Samsung Unveils Passport Sized Foldable, Raises Price As It Grapples With Chip Cost

Editor - July 22, 2026

Samsung Electronics on Wednesday unveiled a passport-sized foldable phone and raised prices of two updated foldable models, as it grapples with rising memory chip...

Global

China Warns Retaliation Over French Law Curbing Fast Fashion

Editor - July 22, 2026

China warned on Wednesday (Jul 22) of potential retaliation over a French law aimed at curbing the rise of fast fashion, slamming the regulation...

News

Sports Toto Unit Extends RM800 Million MTN To 2052

Editor - July 22, 2026

Sports Toto Bhd's wholly owned subsidiary, STM Lottery Sdn Bhd, has extended the tenure of its RM800 million Medium Term Notes (MTN) Programme by...

News

United Plantation 2Q26 Profit Drops 22% To RM190 Million

Editor - July 22, 2026

For the current quarter 2Q2026, United Plantation recorded revenue of RM641.8 million for the current quarter, representing a marginal increase of 0.2% from RM640.6...

News

Sunway Healthcare Extends Putrajaya Hospital JV Agreement To September

Editor - July 22, 2026

Sunway Healthcare Holdings Bhd (SHH) has extended its heads of agreement with Putrajaya Holdings Sdn Bhd (PjH) for the proposed joint venture to develop...

News

Malaysia Raises Concern Over Houthis Threats To Block Bab-el Mandeb Strait

Editor - July 22, 2026

Malaysia has.raised concerned over recent announcements and threats made by the Houthis regarding the potential restriction or closure of passage through the strategic Bab...