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Wall Street Snaps Nine-Week Rally As Tech Rout Batters Stocks

Wall Street ended sharply lower on June 5, snapping a nine-week winning streak as a stronger-than-expected US jobs report and rising geopolitical tensions triggered...

Bargain Hunting Lifts FBM KLCI To Near 1,700-Level Despite Regional Weakness

Bursa Malaysia closed higher on June 5, with bargain hunting in selected blue-chip stocks helping the benchmark index rebound from recent losses despite weaker...

Nestlé, MPI Lead Decliners As Selling Pressure Weighs On Stock Movement

Shares of Nestlé (M) Bhd and Malaysian Pacific Industries Bhd (MPI) led losses on Bursa Malaysia on June 5 as broader market sentiment remained...

Sports School Project In Perlis Gets Immediate Attention

The long-delayed Perlis Malaysia Sports School project in Bukit Chabang, near Padang Besar, is expected to be completed by January 2027 after receiving direct...

Foreign Exchange Rates June 5, 2026

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

Govt Moves Digital Services Development In-House

Prime Minister Datuk Seri Anwar Ibrahim has directed that the development of government digital services be managed internally to safeguard data security, sovereignty and...

SOLS Foundation Offers Free Solar Training With Guaranteed Jobs For Malaysian Youth

SOLS Foundation has opened applications for the latest intake of its Solar Academy programme, offering young Malaysians a fully sponsored pathway into the renewable...

Hon Hai Revenue Surges 34% To US$53.6 Billion As AI Server Demand Powers Growth

Taiwan’s Hon Hai Precision Industry Co, the world’s largest contract electronics manufacturer, posted a 34% jump in revenue for the April-May period, highlighting the...

BYD Launches 2026 ATTO 3 In Malaysia From RM125,800

BYD Sime Motors has launched the 2026 BYD ATTO 3 in Malaysia, making the country the first market in the Asia Pacific region to...

Jollibee Is Said To Mull Moving US Listing To Booming Hong Kong

Jollibee Foods Corp. is considering switching a potential spinoff and listing of its international business from the US to Hong Kong, where share sales are...

Gold Slips Below US$4,500 As Fed Tightening Concerns Persist

Gold prices fell on Friday and were on track for a weekly loss as growing expectations of higher US interest rates outweighed support from...

China Crude Imports Sink To 6.7 Million Bpd As Demand Weakens

China’s crude oil imports fell sharply to 6.7 million barrels per day (bpd) in May, marking the lowest level in a decade, as weaker...

Federal Government Continues To Recognise Tuanku Muhriz As Negeri Sembilan Ruler, Says Anwar

The Federal Government will continue to recognise Tuanku Muhriz Tuanku Munawir as the Yang di-Pertuan Besar of Negeri Sembilan despite the proclamation of Tunku...

Felda Chairman Sees Biodiesel Mandate Reduces Export Dependency For Palm Oil

Increasing Malaysia’s biodiesel mandate from B10 to B15 and eventually higher blends could significantly reduce the country’s reliance on palm oil exports by expanding...

Tunku Nadzaruddin Proclaimed Negeri Sembilan Ruler As Court Order Adds Twist To Royal Dispute

Tunku Nadzaruddin Tuanku Ja'afar was proclaimed the 12th Yang di-Pertuan Besar of Negeri Sembilan on Friday, a move set to further intensify the ongoing...

Shakira To Headline FIFA World Cup 2026 Opening Ceremony In Mexico

Colombian singer Shakira will perform at the opening ceremony of the 2026 FIFA World Cup in Mexico, where she is set to perform the...

Health Ministry Confirms Malaria Cases In Terengganu, Says Situation Under Control

The Ministry of Health (MOH) has confirmed 17 malaria cases were reported in Terengganu between January and May this year, but stressed that all...

Encorp Secures Felda Housing Development Deal

Encorp Bhd is set to undertake a major staff housing development for the Federal Land Development Authority (Felda) following the signing of a memorandum...

Bursa Malaysia Ends Morning Higher As Blue Chips Lift FBM KLCI Near 1,700

Bursa Malaysia closed the morning session higher on June 5, supported by continued buying interest in heavyweight consumer and plantation stocks despite broader market...

PM Orders Immediate Resolution To Egypt PharmD Recognition Issue

Prime Minister Datuk Seri Anwar Ibrahim has directed the Higher Education Ministry (MOHE) and Health Ministry (MOH) to urgently finalise a solution to the...

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