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Bursa Approves Hextar Global Trading Suspension Request

Hextar Global Bhd has requested the suspension of trading in all its shares on Bursa Malaysia Securities from 2.30pm to 5pm today, pending the...

Petronas Chemical Set To Deliver Strongest Quarterly Earnings In 2Q, RHB Keeps ‘Buy’ Call

RHB Research remains bullish on Petronas Chemicals Group Bhd (PCHEM), maintaining its BUY call and RM5.92 target price, implying around 30% upside, as the...

Malaysia’s Current Account Surplus Narrows To RM10.8 Billion In 2Q 2026

Malaysia’s current account balance (CAB) remained in surplus in the second quarter of 2026, although the surplus moderated to RM10.8 billion amid a wider...

Malaysia Swings To RM68 Billion Net International Investment Position In 2Q 2026

Malaysia’s International Investment Position (IIP) swung into a net asset position of RM68.3 billion at the end of the second quarter of 2026 (2Q...

PLUS Announces Traffic Diversion On Damansara-Shah Alam NKVE Stretch For 6 Months

PLUS Malaysia is set to implement traffic diversion from the Damansara-Shah Alam stretch between KM13.60 and KM14.35 (Both Bounds) on the New Klang Valley...

Trump To Impose 10-100% Tariffs On Drone Imports

U.S. President Donald Trump on Thursday signed a proclamation to impose tariffs ranging from 10 percent to 100 percent on imported drones and their...

Hextar Retail Receives RM0.43 Takeover Offer

Hextar Retail Berhad has received a conditional voluntary takeover offer from Hextar Portfolio Sdn Bhd to acquire all remaining shares in the company not...

Affin Bank’s Second Quarter PAT Slips To RM127 Million

AFFIN Group reported a Profit Before Tax (PBT) of RM346.1 million for the financial period ended 30 June 2026, representing a decrease of RM11.9...

CelcomDigi 2Q26 PAT Dips 7.7% To RM405 Million On Lower EBIT, Declares 3.4 sen Dividend

CelcomDigi Berhad released its first half of FY2026, with service revenue rising 1.5% year-on-year (YoY) to RM5.43 billion, from growth in its Postpaid, Home...

Maxis 2Q Profit Rises 9.5% To RM436 Million On Stronger Service Revenue

Maxis Berhad reported a stronger financial performance for the second quarter ended 30 June 2026, with profit after tax (PAT) rising 9.5% year-on-year (YoY)...

Columbia Death Toll Rises To 273

The death toll from Monday's 7.4-magnitude earthquake in Colombia has risen to 273, David Tamayo, director of the National Unit for Disaster Risk Management,...

Foreign Selling, Hormuz Deadlock Drags Local Market

Kuala Lumpur stocks ended lower, bucking gains across most Asian markets, as persistent foreign selling, uncertainty surrounding the Strait of Hormuz and domestic political...

Weak Outlook For Genting Singapore After 29% Drop In 1H26 Profits

Genting Singapore Limited (GenS) reported a 29.5% year-on-year decline in core net profit to SGD227 million for the first half of FY2026 (1HFY26), with...

MBSB Sees Malaysia’s 2Q GDP Slightly Above Advanced Estimates At 5.9%

Malaysia’s economy is expected to have expanded slightly faster than initially estimated in the second quarter of 2026, with MBSB Research forecasting gross domestic...

Magma Prima Proposes RM700 Million Rescue Plan For 8 Conlay

Magna Prima Bhd’s proposed restructuring and rehabilitation of the troubled 8 Conlay mixed-use development in Kuala Lumpur involves a total commercial entitlement capped at...

Malaysia To Adopt ASEAN Taxonomy For Sustainable Financing

The Joint Committee on Climate Change (JC3) is stepping up efforts to translate Malaysia’s climate commitments into practical financing and reporting solutions, with a...

ETA Group Secures RM13 Million Warehouse Construction Contract In Rawang

ETA Group Bhd has secured two construction contracts worth a combined RM13.17 million for the design and construction of industrial factory and warehouse buildings...

Wall Street Gains On Soft Inflation, Rate Hike Bet

US stocks rose on Thursday morning after another inflation reading that eased September rate-hike bets and a slew of earnings reports. The Dow Jones Industrial...

Air India Mandates Pilot Drug Test After Mid-Air Plunge

Air India pilots will undergo mandatory drug screening starting Thursday (Aug 13), according to an internal memo seen by AFP, after a captain involved...

Selangor Mulls 30% Policy For Local Companies Involvement In Data Centre Supply Chain

Selangor Menteri Besar Dato Amirudin Shari said the state will not approve new data centre developments in areas without sufficient water and electricity capacity....

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