Latest
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Economy
Malaysia's competitiveness ranking surge signals stronger economic fundamentals
KUALA LUMPUR: Malaysia's improved standing in the International Institute for Management Development (IMD) 2026 World Competitiveness Ranking reflects the country's strengthening economic fundamentals.
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Markets
Indonesia stocks choppy after MSCI review, emerging markets verdict awaited
SINGAPORE: Indonesian stocks swung between gains and losses on Friday as investors assessed MSCI's latest warning about Indonesia's investability ahead of Tuesday's high-stakes decision over the country's emerging markets status.
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Forex
Yen nears weakest in 40 years as BOJ hike fails to stem rout
SINGAPORE: The yen was pinned near four-decade lows on Friday, with markets on heightened intervention watch as neither a U.S.-Iran peace deal nor a rate hike in Japan managed to arrest its prolonged slide.
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Markets
MSCI raises new Indonesia transparency concerns ahead of emerging markets verdict
Index provider MSCI on Thursday raised further concerns about Indonesia's investability, citing limited visibility in shareholdings and coordinated trading behaviour, in a fresh blow to the world's worst-performing major stock market.
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Markets
Tech, semiconductor stocks lead Bursa gainers on US chip rally
KUALA LUMPUR: Technology and semiconductor stocks attracted buying interest in early trade on Friday, dominating Bursa Malaysia's gainers list.
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Business
Malaysia to 'seriously' look into expanding settling foreign trade payments in local currencies
KUALA LUMPUR: Malaysia will "seriously" explore using local currencies with trading partners to mitigate volatile foreign exchange risks, Prime Minister Datuk Seri Anwar Ibrahim said.
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Markets
Profit-taking drags FBM KLCI lower despite positive global cues
KUALA LUMPUR: The FBM KLCI opened lower on Friday as investors locked in profits following recent gains, despite positive cues from Wall Street and easing geopolitical tensions in the Middle East.
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Forex
Ringgit opens higher against US dollar
KUALA LUMPUR: The ringgit opened higher against the US dollar today, recovering from yesterday's sharp decline amid cautious market sentiment following the US Federal Reserve's (Fed) latest policy decision.
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Markets
Trading ideas: WCT, Top Glove, SunCon, EcoWorld, Binastra, LFG, BCM Alliance, Swift Energy, KHPT
KUALA LUMPUR: WCT Holdings Bhd, Top Glove Corp Bhd, Sunway Construction Group Bhd (SunCon), Eco World Development Group Bhd (EcoWorld), Binastra Corp Bhd, Lianson Fleet Group Bhd (LFG), BCM Alliance Bhd, Swift Energy Technology Bhd and KHPT Holdings Bhd are among the stocks to watch on Friday.
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Commodities
Oil dips as US-Iran deal takes effect
Oil dipped as the US and Iran's interim peace deal took effect and a flurry of tankers began transiting the Strait of Hormuz, paving the way to restart the flow of millions of barrels shut in by the conflict.
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Markets
Wall St rises on chip boost, Iran optimism
US stock indices rallied on Thursday, with the Nasdaq's 1.9% advance boosted by gains in semiconductor shares, while inflation fears eased after the US and Iran signed a peace agreement, although investors still priced in interest rate hikes this year from the Federal Reserve.
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Corporate News
Lianson buys vessel from Singapore firm for RM61mil
Lianson Fleet Group Bhd (LFG) has entered into a memorandum of agreement with a Singapore-based party for the acquisition of a Supramax bulk carrier (MV Sea Affluence) for RM60.9mil.
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Markets
FBM KLCI ends higher
The FBM KLCI ended marginally higher on Thursday after giving up most of its intraday gains, while weakness in the broader market underscored cautious investor sentiment.
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Corporate News
Swift Energy secures RM44mil new purchase orders
Swift Energy Technology Bhd has secured new purchase orders worth RM44.18mil, lifting its total contracts secured year-to-date to RM148mil, as the company continues to expand its presence in both the offshore energy and data centre sectors.
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Corporate News
AIZO gets RM346mil financing to fund LSSPV job
AIZO Group Bhd's subsidiary, Wawasan Demi Sdn Bhd, has executed Islamic facilities agreements with Bank Pembangunan Malaysia Bhd of up to RM346.19mil, to support the development of a large-scale solar photovoltaic or LSSPV plant in Kampar, Perak.
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Corporate News
RT Pastry’s IPO oversubscribed by 59.96 times
RT Pastry Holdings Bhd's initial public offering (IPO) shares made available to the Malaysian public have been oversubscribed by 59.96 times ahead of its scheduled listing on the ACE Market of Bursa Malaysia on June 29.
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Corporate News
Azmil Khalid made MAHB chairman
Malaysia Airports Holdings Bhd (MAHB) has appointed Tan Sri Azmil Khalid as its non-independent non-executive chairman, effective June 18, 2026.
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Corporate News
EI Power bags RM90mil data centre contract
EI Power Bhd's (EIP) wholly owned subsidiary, EI Power Technologies Sdn Bhd, has secured a RM90.1mil works subcontract agreement (WSA) for a data centre project in Johor.
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Corporate News
KHPT wins Proton project
KHPT Holdings Bhd has secured a letter of acceptance (LoA) from Perusahaan Otomobil Nasional Sdn Bhd (Proton) for the supply of automotive structural components for a new Proton model.
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Corporate News
WCT lands RM529mil Abu Dhabi project
WCT Holdings Bhd has secured a contract from United Arab Emirates (UAE)-based Construction General Contracting House Ltd (CGCH) to undertake a commercial and residential building project in Abu Dhabi worth RM528.99mil.
