Sunway Bhd’s net profit surged to RM9.41 billion in the first quarter ended March 31, 2026 (Q1 FY2026), from RM190.55 million in the same period last year. The well-diversified group attributed the significantly higher profit mainly to the net gain…

Public Bank Bhd’s net profit increased slightly to RM1.75 billion in the first quarter ended March 31, 2026 (Q1 2026), from RM1.74 billion in the same period last year, supported by continued expansion in its loan and deposit portfolios. In…

Homebuyers face mounting risks as global instability threatens to push construction material costs up by between 30 per cent and 40 per cent, exposing structural weaknesses in the housing ecosystem, according to Khazanah Research Institute (KRI). KRI researcher Muhammad Nazhan…

The ringgit opened higher against the US dollar on Tuesday as market participants are likely to focus on negotiations between the United States and Iran, with the two-week ceasefire, which commenced on April 7, set to expire on Wednesday. At…

Global oil prices will fluctuate between US$95 and US$120 per barrel in the near future due to the Middle East conflict, said Kyle Shostak, director of Navigator Principal Investors. “My reading of the situation is that the Trump administration is…

Bank Negara Malaysia’s international reserves stood at US$126.6 billion as at March 31. The central bank said the reserves are sufficient to finance 4.6 months of imports of goods and services and are 0.9 times total short-term external debt. Of…

Bursa Malaysia is expected to trade cautiously next week as the unresolved West Asia conflict continues to shape global market direction. IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan said that while intermittent signs of…

Pharmaniaga Bhd emerged as the most actively traded stock on Bursa Malaysia, with its shares rising nearly 10 per cent following the pharmaceutical company’s exit from Practice Note 17 (PN17) today. At the time of writing, the stock was holding…

Bursa Malaysia ended broadly lower on Monday as risk sentiment deteriorated sharply following renewed escalation in the Middle East conflict, triggering a widespread regional equity sell-off. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) declined 16.40 points, or 0.95…

Bursa Malaysia ended the first trading day of the week higher, maintaining its momentum from last week amid improving investor sentiment following the latest United States tariff announcements. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 5.15…

Asian shares retreated from record highs on Friday as worries about shrinking margins in the tech sector hit the likes of Apple, driving investors into safe-haven bonds ahead of key US inflation data. Overnight on Wall Street, the technology-heavy Nasdaq…

MSCI’s global equities gauge edged lower on Monday, even as Wall Street provided some support. The dollar strengthened, while investors continued to sell off precious metals. Markets are also bracing for a busy week ahead, with corporate earnings, central bank…

Bursa Malaysia bucked the regional trend and extended its decline at midday on continuous selling in selected heavyweight stocks due to mild profit-taking. At 12.30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) was down 1.36 points to 1,715.78, from…

LBS Bina Group Bhd, a developer guided by people-first values and driven by its core brand promise, Building Tomorrow Together, is optimistic about the 2026 property market, and expects it to remain positive and resilient, supported by strong demand. The…

Malaysia entered the fourth phase of electronic invoicing (e-invoicing) rollout today, marking another part of the government’s effort to strengthen tax administration while easing the compliance burden on small and medium enterprises (SMEs). Introduced as a digital platform to streamline…

Private home prices in Hong Kong grew 0.9 per cent month-on-month in November, the sixth month of increase in a row, government data showed on Monday, as interest rate cuts and a vibrant stock market supported sentiment. Home prices climbed…

Walt Disney is investing US$1 billion in OpenAI and will let the startup use characters from Star Wars, Pixar and Marvel franchises in its Sora AI video generator, a crucial deal that could reshape how Hollywood makes content. The three-year…

The RM2 billion Seremban Sentral Transit-Orientated Development (TOD) is projected to generate up to RM300 million in annual business revenue and create about 2,500 new jobs spanning healthcare, retail, logistics, tourism, and services sectors. The integrated development is expected to…

The ringgit opened higher against the US dollar on Thursday as the greenback tracked the US Dollar Index, which remained below the 100-point mark. At 8am, the ringgit strengthened to 4.1255/1395 versus the US dollar from Wednesday’s close of 4.1360…

Oil prices fell in early Asian trade on Monday, erasing last week’s gains, as loadings resumed at the key Russian export hub of Novorossiysk after a two-day suspension at the Black Sea port that had been hit by a Ukrainian…