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Parkson Unit Renews Shanghai Tenancy Until Dec 31, 2036

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.

PUC Disposes Of Partial Stake In Pictureworks To MacOS For RM30 Mln

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. 

Ringgit Eases Against Greenback Ahead of US Non-farm Payroll Report Release

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.

Bursa Malaysia Snaps Five-day Winning Streak On Profit-taking

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. 

Horizon Quantum Completes Nasdaq Listing, Reports Q1 Loss

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)

Xsolla Strengthens Vietnam Gaming Presence At GameVerse 2026

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.

Malaysia’s Economy Remains Resilient Despite West Asia Risks, Says BNM Governor

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.

Gamuda Climbs 0.52 Pct On 10th Taiwan Project Win

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.

Bursa Malaysia Opens Marginally Lower On Friday

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.

BNM Seen Holding OPR Through 2026 Despite Rising Geopolitical Risks

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.

Lotte Chemical Titan Reduces 1Q Net Loss To RM122.7 Mln

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.

Bursa Malaysia Closes Slightly Higher After BNM's OPR Hold

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.