BusinessToday | Malaysia's Premier Business News Portal

Markets

Tech And Plantation Stocks Lead Gains In Choppy Trading...

Business Today Editorial - June 11, 2026

The stock market ended the trading session on a mixed note, with selective buying concentrated in plantation, consumer staples, and technology-related counters, while selling pressure weighed on energy, insurance,...

Markets

KLCI Holds Steady Despite Weakness In Broader Market

Business Today Editorial - June 11, 2026

Bursa Malaysia ended marginally higher on Thursday, with the benchmark FBM KLCI edging up 0.57 points, or 0.03%, to close at 1,679.53 as gains in selected blue-chip stocks helped...

Markets

Foreign Exchange Rates June 11, 2026

Business Today Editorial - June 11, 2026

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

Markets

Stock Today: CIMB Slips 1.2% Despite China-ASEAN Banking Partnership

Business Today Editorial - June 11, 2026

CIMB Group Holdings Bhd shares traded lower on Thursday despite the banking group's recent move to strengthen its cross-border banking presence through a partnership with China CITIC Bank. As at...

Markets

Gold Rebounds From Six-Month Low As Iran Tensions Fuel...

Business Today Editorial - June 11, 2026

RHB Investment Bank Bhd maintained its negative trading bias on gold, keeping a short position recommendation after COMEX gold breached the key US$4,250 support level and signalling the possibility...

Property

News

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

Editor - June 10, 2026

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 - June 9, 2026

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

Qi-Owned Kami Builders Issues RM300 Million ASEAN Sukuk To...

Editor - June 9, 2026

Kami Builders Sdn Bhd, a wholly owned subsidiary of Wawasan QI Properties Sdn Bhd under the QI Group, has successfully issued RM90 million in Tranche 1 SRI Sukuk Murabahah...

News

ECB First Major Central Bank To Raise Rates In Response To Iran War

Editor - June 11, 2026

The European Central Bank on Thursday became the first major central bank to raise interest rates in response to the Iran war as policymakers around the...

Global

Indonesia And Hong Kong Agree To Use Rupiah, Offshore Renminbi In Bilateral Transaction

Editor - June 11, 2026

The People's Bank of China, Bank Indonesia (BI), and the Hong Kong Monetary Authority (HKMA) on Thursday signed a memorandum of understanding (MoU) to...

News

HSS Holdings IPO Oversubscribed 10 Times Ahead Of ACE Market Listing

Editor - June 11, 2026

Engineering and project management services provider HSS Holdings Bhd has received a strong response from investors ahead of its listing on the ACE Market...

News

Kerjaya Prospek Unit Secures Deal To Develop RM156 Million Rail Land Project In Penang

Editor - June 11, 2026

Kerjaya Prospek Group Bhd (KPGB) has informed that its indirect subsidiary signed a development agreement with the Railway Assets Corporation (RAC) to acquire and...

News

Capital A Says Singapore Asset Seizure Has No Immediate Financial Impact

Editor - June 11, 2026

Capital A Bhd has clarified that a notice of seizure issued by the Sheriff of the Supreme Court of Singapore involving shares held by...

News

MUI Group Appoints Teoh Ze-Has As Its New Chief Transformation Officer

Editor - June 11, 2026

MUI Properties and Pan Malaysia Corporation Bhd has appointed corporate strategist and venture-building specialist Teoh Ze-Han as its new Chief Transformation Officer as...

Business

Southeast Asia poised to leapfrog in enterprise AI adoption, says Avanade

Business Today Editorial - June 11, 2026

Enterprises across Southeast Asia are entering a new phase of artificial intelligence adoption, as companies move beyond using AI for productivity gains towards embedding...

News

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

Editor - June 11, 2026

Malaysia’s unemployment rate edged up to 3.0% in April 2026 from 2.9% in March, ending five consecutive months of stability, although labour market conditions...