IPO Debut: Sum Technology Ends Maiden Trading Day Up...

Newly listed Sum Technology Bhd surged 87.5% on its ACE Market debut, closing at 52.5 sen on June 18, a premium of 24.5 sen over its IPO price of...

Selective Buying In Small Caps Contrasts With Blue-Chip Selling

The stock market ended the trading session on a mixed note, with strong speculative activity in small- and mid-cap counters offset by weakness in several heavyweight consumer and plantation...

Tokyo Stocks Rise Sharply On US-Iran Peace Deal

Tokyo stocks ended higher Thursday, with the Nikkei stock index closing above 71,000 for the first time. The benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended up 1,151.24...

Bursa Malaysia Ends Mixed As KLCI Edges Higher

Bursa Malaysia closed mixed on Thursday, with the benchmark FBM KLCI posting a modest gain while broader market performance remained uneven. The FBM KLCI rose 1.40 points, or 0.08%, to...

Foreign Exchange Rates June 18, 2026

The closing foreign exchange rates, sourced from Bank Negara Malaysia and recorded at 5pm on June 18, 2026, provide a comprehensive overview of currency fluctuations for the day. These rates,...

WCT Secures RM529 Million Yas Island Development Contract In...

WCT Holdings Berhad (WCT) announced that its wholly-owned subsidiary has secured a sub-contract worth approximately RM529 million for the construction of the Yas Living development in Yas Island, Abu...

EcoWorld 2Q Profit Rose 6% To RM138 Million, Achieves...

Eco World Development Group Berhad has achieved a record sales performance for the first seven months of financial year 2026 (FY2026), securing RM3.28 billion in sales as at 31...

IJM, MRT Cochrane TOD Project Sounds Compelling With Prices...

IJM Corporation Berhad announced this week that it has entered into its first collaboration with MRT Corp to jointly develop a transit-oriented development (TOD) project, The Linque, located next...

Pakistan PM Signs Peace MOU As Mediator, Says Hormuz To Reopen Immediately

Pakistani Prime Minister Shehbaz Sharif on Thursday signed the Memorandum of Understanding (MoU) as mediator in the U.S.-Iran peace deal, according to a statement...

Beijing On Flood Alert After Thunderstorm Warning

Beijing launched a city-wide Level IV flood control emergency response at 4:30 p.m. Thursday. The municipal flood control office has reminded relevant authorities to...

Air Service Agreement, Oil And Gas Among MOU’s PM Anwar To Witness During Turkmenistan Visit

Prime Minister Dato’ Seri Anwar Ibrahim will undertake an official visit to Turkmenistan on 18 and 19 June 2026 at the invitation of President...

PRG Holdings Initiates Independent Review After Terminating Proposed Settlement Agreement

PRG Holdings Berhad has initiated the process of appointing an independent reviewer to examine issues surrounding a proposed settlement agreement. In a statement, PRG Holdings...

Malaysia Climbs To 15th Place In World Competitiveness Ranking 2026

Malaysia has improved its position in the World Competitiveness Ranking 2026, rising to 15th place globally from 23rd position in 2025, reflecting stronger economic...

LFG Acquires RM60 Million Singapore Flagged Bulk Carrier Vessel

Lianson Fleet Group Berhad is expanding its marine transportation capabilities with the acquisition of a Singapore-flagged Supramax bulk carrier, MV Sea Affluence, for US$15.5...

Singapore Supports Media Outlets With S$48 Million Fund To Adopt Digital And AI Tools

Singapore will invest 48 million Singapore dollars (37.26 million U.S. dollars) over the next four years to help media companies develop digital content and...

China Hits Out At G7 Over Trade Rules About Critical Minerals

China urges the Group of Seven (G7) to adhere to the principles of market economy and international trade rules, and to stop using "small...

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Trade

Prospective US-Iran Deal Positive, But Still Subject To High...

A deal between the US and Iran to extend the ceasefire and open the...

Malaysia, Tatarstan Eye Wider Collaboration In Oil, Gas And...

Malaysia and the Republic of Tatarstan have strong potential to expand cooperation across multiple...

Anwar In Kazan For ASEAN-Russia Summit, Focuses On Trade...

Prime Minister Datuk Seri Anwar Ibrahim has arrived in Kazan, Russian Federation, ahead of...

Banks’ Profitability In 1Q Eased Amid Higher Provisions; Credit...

Malaysian banks’ 1Q 2026 financial performance softened slightly, weighed down by higher provisions even...

Malaysia’s Trade Openness Rises In 2025, Led By Penang,...

Malaysia’s Trade Openness Index (TOI) increased to 151.0 in 2025, reflecting the country’s continued...

Malaysia’s Economic Growth Momentum To Strengthen In 2H, Kenanga

The country's distributive trade sector recorded a strong rebound in April 2026, with sales...

Advanced Packaging, Malaysia’s Next Semiconductor Battleground

Malaysia is strengthening its position in the global semiconductor ecosystem as the industry shifts...

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