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Markets

Bursa Ends Lower As Oil Gains, Geopolitical Concerns Weigh

Business Today Editorial - August 11, 2026

Bursa Malaysia closed lower on Aug 11 as renewed gains in crude oil prices and persistent geopolitical concerns kept investors cautious, dragging the benchmark index into negative territory. At the...

Markets

Bursa Sees Split Session As Nestlé Rallies, Plantation Counters...

Business Today Editorial - August 11, 2026

The stock market movement ended with a mixed performance as strong gains in selected consumer and banking names were offset by declines in plantation-linked counters. Market breadth remained slightly negative,...

Markets

Foreign Exchange Rates Aug 11, 2026

Business Today Editorial - August 11, 2026

The closing foreign exchange rates, sourced from Bank Negara Malaysia and recorded at 5pm on Aug 11, 2026, provide a comprehensive overview of currency fluctuations for the day. These rates,...

Markets

Yen Hovers Near 160 As Intervention Boost Fades, Aussie...

Business Today Editorial - August 11, 2026

The yen hovered near 160 per US dollar on Tuesday as analysts said the impact of recent US-Japan currency intervention was fading, while the Australian dollar held near an...

Markets

Bursa Malaysia Slips At Midday As Financials, Utilities Weigh

Business Today Editorial - August 11, 2026

Bursa Malaysia remained in negative territory at midday on Aug 11, with the benchmark index down 0.47% as weakness in financial services, utilities and plantation counters dragged on the...

Property

News

SDP To Acquire RM418 Million SD Guthrie Johor Land...

Editor - August 11, 2026

Sime Darby Property Berhad announced that its wholly-owned subsidiary has entered into a conditional Sale and Purchase Agreement with SD Guthrie Berhad to acquire approximately 556.96 acres of freehold...

News

DutaLand, Olympia To Mutually Terminate Kenny Heights Development Agreement

Editor - August 11, 2026

DutaLand Berhad has proposed to terminate the agreements governing the joint development of its Kenny Heights Development, formerly known as Bandar Sri Duta, following a mutual agreement with Olympia...

News

REHDA Argues Policy Change To Build-Then-Sell Model Could Impact...

Business Today Editorial - August 11, 2026

The Real Estate and Housing Developers’ Association Malaysia (REHDA) have called for the National Housing Policy 2026-2035 to be implemented progressively and in close consultation with industry stakeholders, particularly...

News

Inta Bina Trading Below Bursa Construction Index 5-Year Average, RHB

Business Today Editorial - August 11, 2026

RHB Investment Bank Bhd (RHB Research) maintained its BUY call on Inta Bina Group Bhd with a target price of RM0.67, implying 81% upside,...

News

Maybank Completes RM4.8 Billion Tier 2 Sukuk Issuance

Editor - August 11, 2026

Malayan Banking Bhd (Maybank) has completed the issuance of RM4.8 billion in aggregate nominal value of Subordinated Sukuk Murabahah, strengthening the banking group’s Tier...

News

Inside Tabung Haji’s Crisis: What The RCI Found

BusinessToday - August 11, 2026

Tabung Haji’s financial crisis stemmed from a combination of financial manipulation, weak governance, risky investments, interference by vested interests and a lack of transparency,...

News

MR DIY 2Q Profit Slips 15% To RM134 Million, Hit By Costs And Lower Average Basket Value

Editor - August 11, 2026

MR DIY released it 2QFY2026, earnings reporting revenue increase of 3.6% year-on-year ("y-o-y") to RM1,25 billion, from RM1,21 billion in 2QFY2025. Profit before tax...

News

BHIC To Raise Stake In Aerospace MRO Unit To 81% For RM8 Million

Editor - August 11, 2026

Boustead Heavy Industries Corporation Bhd wholly owned subsidiary, BHIC Defence Technologies Sdn Bhd has agreed to acquire a 30% stake in BHIC Aeroservices Sdn...

News

Asia File UK Paper Mill Catches Fire, Offline For One Month

Editor - August 11, 2026

Asia File Corporation Bhd’s wholly owned subsidiary, Higher Kings Mill Limited (HKM), has suffered a fire at its paper mill in Cullompton, Devon, United...

News

RM200 Million Data Centre Jobs Keep Southern Cable Rolling

Business Today Editorial - August 11, 2026

Hong Leong Investment Bank Bhd (HLIB) maintained its BUY call on Southern Cable Group Bhd with an unchanged target price of RM2.95, saying stronger...

Commentaries

What Happens To Employee Wages When Companies Wind-Up

Editor - August 11, 2026

By Yohaniz Atan When a company fails, the discussion usually turns to banks, investors, suppliers and the mechanics of liquidation. Yet another group may be...