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DBS Raises 2026 Outlook After Record S$3.08 Billion Q2 Profit

DBS Group posted a record quarterly net profit of S$3.08 billion for the second quarter, beating expectations as wealth management fees, treasury sales and...

Wall Street Splits As Dow Rallies While Tech Stumbles

The Dow Jones Industrial Average closed at a record high on Wednesday as hopes for progress towards a peace deal involving Iran helped support...

Stock Picks: 99 Speed Mart And Gamuda

RHB Investment Bank Bhd (RHB Research) has flagged 99 Speed Mart Retail Holdings Bhd and Gamuda Bhd for further upside after both counters staged...

Fuel Prices Drop Five Sen From Aug 6

Retail prices for RON97, unsubsidised RON95 and unsubsidised diesel will fall by five sen per litre for the week of Aug 6 to 12,...

Hon Hai July Sales Surge 54.2% To US$29.34 Billion On Booming AI Server Demand

Hon Hai Precision Industry Co posted a 54.2% jump in July sales to NT$946.5 billion (US$29.34 billion), underscoring resilient demand for artificial intelligence (AI)...

No One-Off RM100 Cash Aid For Those 18 And Above, It’s Fake News

The Finance Ministry (MOF) has dismissed as fake news a viral claim that all Malaysians aged 18 and above will receive a one-off RM100...

Govt Places Police Among Aviation Security In View Of Drug Smuggling Case

The government will deploy police personnel to airport’s Aviation Security units as an immediate measure following the arrest of a Malaysian pilot in Indonesia...

Anwar Orders Immediate Processing Of 15,000 Foreign Worker Applications

Prime Minister Datuk Seri Anwar Ibrahim has directed the Human Resources Ministry (MOHR) to immediately process the first 15,000 foreign worker applications to ease...

GTA Signs ACE Market IPO Underwriting Agreement With HLIB

Aviation maintenance, repair and overhaul (MRO) specialist GTA Holdings Bhd has signed an underwriting agreement with Hong Leong Investment Bank Bhd (HLIB) for its...

Kelington Invests RM120 Million In India Industrial Gas Plant

Kelington Group Bhd is investing about RM120 million to build its first industrial gas production facility in India. The integrated engineering solutions provider said its...

SCIB Wins RM24.59 Million Sabah School Reconstruction Contract

Sarawak Consolidated Industries Bhd (SCIB) has secured a RM24.59 million engineering, procurement, construction and commissioning (EPCC) subcontract to rebuild a dilapidated school in Tambunan,...

Bursa Extends Rally As FBM KLCI Jumps 15.5 Points To 1,748

Bursa Malaysia extended its upward run on Aug 5, with the benchmark index climbing 15.51 points as investor sentiment improved on hopes of easing...

Nestlé, Pentamaster Lead Bursa Gainers While F&N Tops Losers

Bursa Malaysia’s broader market ended on a positive footing on Aug 5, with 690 advancers outpacing 487 decliners as trading activity picked up sharply. Nestlé...

Foreign Exchange Rates Aug 5, 2026

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

1MDB US$5.64 Billion Suit Delayed Over Tony Pua’s Evidence

The High Court has adjourned the hearing of 1Malaysia Development Berhad’s (1MDB) US$5.64 billion civil suit against Datuk Seri Najib Tun Razak and six...

ISRA Consulting Rebrands As ISRA Associates To Broaden Islamic Finance Advisory Reach

ISRA Consulting has rebranded as ISRA Associates, marking its expansion from a Shariah-focused consultancy into a broader advisory firm serving the evolving needs of...

Malaysia, Vietnam Look To Build On Defence MoU

Malaysia and Vietnam are looking to further strengthen their defence relationship following the renewal of a memorandum of understanding (MoU) on defence cooperation in...

UMNO Sets Sept 9 To 12 For Annual Assembly

The 2026 UMNO General Assembly (PAU 2026) will now be held from Sept 9 to 12 at the World Trade Centre Kuala Lumpur (WTC...

Gold Rallies To US$4,175, RHB Sticks With Short Call

Gold climbed for a third straight session on Wednesday, hitting a one-month high as a softer US dollar and falling oil prices supported demand...

Honda Profit Doubles, Full-Year Forecast Raised 30%

Honda Motor’s operating profit more than doubled in the second quarter, marking its first increase in six quarters as a weaker yen helped cushion...

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