13h ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Aug 30 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade sideways with a slight bearish bias amid profit-taking activities next week, said palm oil trader David Ng.
1d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Aug 29 (Bernama) -- Bursa Malaysia close lower today as investors locked in profits ahead of the long weekend and the release of US inflation data later tonight, said an analyst.
1d ago
KUALA LUMPUR, Aug 29 (Bernama) -- Mongolia’s largest washed hard coking coal producer and exporter, Mongolian Mining Corporation (MMC), reported a nearly 36 per cent year-on-year drop in revenue to US$346.6 million for the first half ended June 30, 2025 (1H2025), as weaker coal prices dampened earnings despite stable sales volumes. (US$1=RM4.20)
1d ago
KUALA LUMPUR, Aug 29 (Bernama) -- Bursa Malaysia’s composite index hovered lower at the midday break, weighed down by profit-taking in telecommunications, consumer products and utilities heavyweight counters.
1d ago
KUALA LUMPUR, Aug 29 (Bernama) -- Income derived from digital cryptocurrency activities such as trading, mining, and exchange in Malaysia is subject to income tax under Section 4 of the Income Tax Act 1967 because digital currencies are classified as commodities that can be considered business income.
1d ago
KUALA LUMPUR, Aug 29 (Bernama) -- RHB Bank Bhd’s shares slipped in early trade today despite the group reporting stronger earnings for the second quarter ended June 30, 2025 (2Q 2025).
1d ago
KUALA LUMPUR, Aug 29 (Bernama) -- Axiata Group Bhd shares eased in early trade today after the group reported a decline in revenue for the second quarter ended June 30, 2025 (2Q 2025).
1d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Aug 29 (Bernama) -- Bursa Malaysia retreated in early trade due to profit-taking amid a lack of fresh local catalysts, despite the positive performance on Wall Street overnight.
1d ago
KUALA LUMPUR, Aug 28 (Bernama) -- KPJ Healthcare Bhd’s net profit increased to RM82.06 million in the second quarter ended June 30, 2025 (2QFY2025), from RM75.88 million in 2QFY2024, in tandem with higher revenue recorded in the quarter.
2d ago
KUALA LUMPUR, Aug 28 (Bernama) -- Hap Seng Consolidated Bhd’s net profit dipped to RM143.68 million in the second quarter ended June 30, 2025 (2Q 2025) from RM170.13 million in the same period last year.
2d ago
KUALA LUMPUR, Aug 28 (Bernama) -- Axiata Group Bhd is on track to achieve a gearing ratio of 2.5 times net debt to earnings before interest, taxes, depreciation, and amortisation (EBITDA) by the end of 2026, as the level stood at 2.76 times as at June 30, 2025.
2d ago
KUALA LUMPUR, Aug 28 (Bernama) -- RHB Bank Bhd posted a higher net profit of RM803.50 million for the second quarter ended June 30, 2025 (2Q 2025), up 11.2 per cent from RM722.31 million in the same quarter a year ago.