24d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, May 26 (Bernama) -- The ringgit closed lower against the US dollar on Tuesday, pressured by external developments following reports of United States and Israeli attacks on Iranian vessels in the Strait of Hormuz, which dampened regional market sentiment.
24d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, May 26 (Bernama) -- Bursa Malaysia closed lower on Tuesday, as investors squared off positions ahead of the long holiday period amid heightened tensions between the United States and Iran.
24d ago
ALOR SETAR, May 26 (Bernama) -- Leakage of subsidised fuel due to smuggling activities continues to pose a major threat to the country’s fiscal position, with the government estimated to be losing billions of ringgit annually following the misuse of subsidised diesel intended for local consumers, according to an economist.
25d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, May 26 (Bernama) -- Bursa Malaysia opened lower on Tuesday as early profit-taking emerged amid weaker crude oil prices, following signs of a potential de-escalation in tensions between the United States (US) and Iran.
25d ago
KUALA LUMPUR, May 25 (Bernama) — IHH Healthcare Bhd is leveraging artificial intelligence, operational efficiency and ambulatory care expansion to manage rising medical inflation without heavily passing costs on to patients.
25d ago
KUALA LUMPUR, May 25 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today, tracking gains in US COMEX and the London Bullion Market Association (LBMA) gold benchmarks amid a weakening US dollar and improved investor sentiment on hopes of easing geopolitical tensions between the United States and Iran.
25d ago
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, May 25 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Monday while tracking the performance of regional rubber futures markets, a dealer said.
25d ago
KUALA LUMPUR, May 25 (Bernama) -- Sime Darby Bhd's net profit for the third quarter financial year ended March 31, 2026 (3Q FY2026) surged to RM654.00 million from RM193.00 million in the same quarter last year.
25d ago
KUALA LUMPUR, May 25 (Bernama) -- Axiata Group Bhd’s net profit rose to RM273.80 million in the first quarter ended March 31, 2026 (1Q) from RM159.84 million in the same quarter last year.
25d ago
PETALING JAYA, May 25 (Bernama) -- Industrial chemicals distributor Eckem Holdings Bhd aims to raise RM15 million from its initial public offering (IPO) in conjunction with its listing on the ACE Market of Bursa Malaysia Securities Bhd scheduled for July 3, 2026.
27d ago
KUALA LUMPUR, May 23 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade cautiously next week as United States Treasury yields continue to rise significantly amid ongoing tensions in West Asia.
28d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, May 22 (Bernama) -- The ringgit retreated against the US dollar on Friday, ending a three-day winning streak as investors focused on geopolitical tensions and the increasingly hawkish stance adopted by central banks globally.