Markets

Markets

SpaceX Stock Closes 20% Higher At US$160

Editor -
SpaceX's stock opened at $150 on Friday — an 11% jump from its IPO price — and finished up nearly 20% for the day. The rocket and satellite company priced...
Markets

Kospi Soars 4.6% As Tech Rally Fuels Broad-Based Seoul...

Business Today Editorial -
South Korean stocks rallied sharply on June 12, with the Kospi surging more than 4% as investors rushed into technology shares on renewed hopes that the US-Iran conflict could...
Markets

Hong Kong Stocks Rally As Hang Seng Index Jumps...

Business Today Editorial -
Hong Kong equities closed sharply higher on June 12, with the Hang Seng Index extending gains amid improved regional risk sentiment and broad-based buying across key sectors. The benchmark index...
Markets

Singapore Shares Close Higher As STI Climbs to 5,025.80

Business Today Editorial -
Singapore equities ended higher on June 12, with the Straits Times Index (STI) extending gains as regional sentiment improved and investors positioned for macroeconomic stability. The STI rose 37.70 points,...
Markets

Chip Stocks’ Rally Drives Nikkei Up Nearly 3% To...

Business Today Editorial -
Japan’s Nikkei shares average surged nearly 3% on June 12 as investors snapped up stocks after US President Donald Trump signalled a possible peace deal with Iran, easing concerns...

Property

News

PRG Holdings Unit Receives RM6.4 Million Statutory Demand Over...

Editor -
PRG Holdings Berhad (PRG) announced that its subsidiary Premier Construction (International) Sdn Bhd (PCI) has received statutory demands amounting to approximately RM6.42 million from several subcontractors in relation to...
News

Gamuda Expands Renewable Energy Portfolio With Victorian Solar And...

Editor -
Gamuda Berhad has expanded its Australian renewable energy footprint through its subsidiary, Gamuda Renewable Pty Ltd, with the acquisition of an interest in the Hazelwood North Solar Farm and Battery Energy...
News

Varia, Seri Alam Partner In RM250 Million Johor Affordable...

Editor -
Varia Bhd has entered into a collaboration agreement with Seri Alam Properties Sdn Bhd to jointly develop a medium-cost residential project with an estimated gross development value (GDV) of...

News

Global

Zuckerberg Flags ‘Mistakes’ In Meta Workforce Overhaul

Business Today Editorial -
Meta has acknowledged missteps in its ongoing artificial intelligence (AI)-driven workforce transformation, with CEO Mark Zuckerberg warning employees that the company’s rapid restructuring has...
Editor's Choice

KLCI And The Beautiful Game Hasn’t Clicked In The Past, Could That Change In 2026?

Editor -
The local equity market is entering the second half of 2026 facing a challenging macroeconomic environment, with external risks including Middle East tensions, supply...
News

PRG Holdings Unit Receives RM6.4 Million Statutory Demand Over Picasso Project Claims

Editor -
PRG Holdings Berhad (PRG) announced that its subsidiary Premier Construction (International) Sdn Bhd (PCI) has received statutory demands amounting to approximately RM6.42 million from...
News

Lotte Chemical Secures RM1.2 Billion Loan From Parent Company For Indonesia Plant

Editor -
Lotte Chemical Titan Holding Berhad (LCT) announced that its 51%-owned subsidiary, PT Lotte Chemical Indonesia (LCI), has secured a KRW451.74 billion (approximately RM1.2 billion)...
News

Malaysia’s Lower 1Q Approved Investment Reflects Shift Towards High-Quality Growth, OCBC

Editor -
Malaysia’s slight decline in approved investments in the first quarter of 2026 (1Q26) should not be viewed as a concern, but rather as a...
News

Iran Foreign Minister Says Peace Deal Within Days

Editor -
Iran's Foreign Minister Seyed Abbas Araghchi said Friday night that the signing of a memorandum of understanding (MoU) with the United States to end...
News

G7 Leaders Convene In France Seeking To Address Mounting Global Economic Imbalance

Editor -
Leaders of the Group of Seven (G7) will meet in the French town of Evian from June 15 to 17, as they seek to...
News

No Tsunami Threat After Moderate Quake Strikes Indonesia

Business Today Editorial -
A moderate magnitude 5.0 earthquake struck north of the Maluku Sea in Indonesia early June 13 at 3:33am local time, with the Malaysian Meteorological...

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Trade

News

Local Bond Yields Pressured By Firmer US Rates Outlook,...

Editor -
Malaysian government bond yields moved higher this week as investors adjusted their expectations towards...
News

Strong US Data Lifts Dollar Weakens Ringgit, Expected To...

Editor -
The Malaysian ringgit weakened to around RM4.07 against the US dollar, pressured by stronger-than-expected...
News

Manufacturing Sector Sales Grew 9% In April To RM175...

Editor -
The manufacturing sector recorded stronger growth in April 2026, with total sales rising 9.1%...
News

Malaysia’s Industrial Output Accelerates By 8.2% In April, Led...

Editor -
The domestic Industrial Production Index (IPI) expanded at a faster pace of 8.2% year-on-year...
News

Cracks Appear As Malaysia’s Unemployment Rate Hit 6-Months High,...

Editor -
Malaysia’s unemployment rate edged up to 3.0% in April 2026 from 2.9% in March,...
News

Palm Oil Sector: Weak Production, Weak Export Says Kenanga

Editor -
The domestic palm oil inventories climbed close to a 10-year high in May 2026...
News

Malaysia’s Rubber Output Falls 8% In April Despite Higher...

Editor -
Malaysia’s natural rubber (NR) production declined 8.8% month-on-month in April 2026, even as exports...

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