11d ago
KUALA LUMPUR, May 8 (Bernama) -- Parkson Holdings Bhd’s 54.97 per cent-owned subsidiary Parkson Retail Group Ltd (PRGL) has renewed the tenancy of its Shanghai Hongqiao retail property in China for a further 10 years until Dec 31, 2036.
11d ago
KUALA LUMPUR, May 8 (Bernama) -- Digital lifestyle service provider PUC Bhd had entered into a share sale agreement on Dec 31, 2025, to dispose of 3.03 million ordinary shares or 13.76 per cent equity interest in Pictureworks International Holdings Ltd (PIHL) to MacOS Ltd for RM30.0 million as a partial divestment of its investment in PIHL.
11d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, May 8 (Bernama) -- The ringgit eased against major and regional currencies including the US dollar at the close on Friday as investors remain cautious ahead of the United States non-farm payrolls (NFP) report amid renewed escalation in the West Asia conflict.
11d ago
KUALA LUMPUR, May 8 (Bernama) -- Bursa Malaysia snapped a five-day rally to close lower on Friday on profit-taking and in line with weaker global markets as renewed military developments between the United States and Iran hurt risk appetite, said an analyst.
11d ago
KUALA LUMPUR, May 8 (Bernama) -- Horizon Quantum Holdings Ltd (Horizon Quantum), a pioneer of software infrastructure for quantum applications, has reported an operating loss of US$6.5 million for the first quarter (Q1) ended March 31, 2026, compared to US$4.7 million in the same period last year. (US$1=RM3.91)
12d ago
KUALA LUMPUR, May 8 (Bernama) -- Xsolla, a global video game commerce company, has announced its participation in Vietnam GameVerse 2026 at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City, Vietnam.
12d ago
By M. Saraswathi & Karina Imran
KUALA LUMPUR, May 8 (Bernama) -- Malaysia's economy remains resilient despite mounting risks from the ongoing West Asia conflict, supported by strong domestic demand, sustained investment activity and robust exports linked to the global technology and artificial intelligence (AI) upcycle.
12d ago
KUALA LUMPUR, May 8 (Bernama) -- Gamuda Bhd shares edged up 0.52 per cent this morning after the group announced it had secured a RM3.30 billion contract for the Kaohsiung Metropolitan Mass Rapid Transit (MRT) project in Taiwan.
12d ago
By Karina Imran
KUALA LUMPUR, May 8 (Bernama) -- Bursa Malaysia opened marginally lower on Friday, as buying was interspersed with selling in selected heavyweight stocks due to uncertain geopolitical developments.
12d ago
KUALA LUMPUR, May 7 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent today reinforced expectations that the central bank will likely hold the rate throughout 2026, although investment banks and research houses caution that prolonged geopolitical tensions and higher oil prices could still alter the inflation outlook.
12d ago
KUALA LUMPUR, May 7 (Bernama) -- Polyolefins producer Lotte Chemical Titan Holdings Bhd (LCT) reduced its net loss to RM122.70 million in the first quarter ended March 31, 2026 (1Q FY2026) from RM125.67 million in the year-ago quarter.
12d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, May 7 (Bernama) -- Bursa Malaysia closed marginally higher today, supported by continued buying in banking heavyweights following Bank Negara Malaysia’s decision to maintain the overnight policy rate (OPR) at 2.75 per cent.