Malaysia Business News, Finance News, Stock Updates | Malay Mail

Prime Minister Datuk Seri Anwar Ibrahim’s lawyer Datuk Sankara Narayan Nair said he had acted on Anwar’s instructions to issue a letter of demand today to PAS deputy president Datuk Seri Tuan Ibrahim Tuan Man over a ‘series of allegedly defamatory statements made outside Parliament on June 14, 2026 against the prime minister and subsequently republished on social media’. — Pictures by Bernama/Hari Anggara

Malaysia / 14 h ago

Lawyer: Anwar will sue for defamation if PAS deputy president Tuan Ibrahim fails to respond in 48 hours

Former Tabung Haji chairman Datuk Seri Abdul Azeez Abdul Rahim at Kuala Lumpur High Court September 7, 2022. — File picture by Hari Anggara

Malaysia / 18 h ago

Abdul Azeez says ready to face fresh probe over Tabung Haji RCI findings

The Agriculture and Food Security Ministry says increasing domestic fresh milk production is among its priorities to reduce Malaysia’s reliance on food imports. — Unsplash pic

Malaysia / 19 h ago

Agriculture Ministry says Malaysia imports too much ginger, mangoes, rice and fresh milk — here’s what’s changing

Prime Minister Datuk Seri Anwar Ibrahim delivers his speech during the launching of the new Menara Merdeka Maybank in Kuala Lumpur, July 30, 2026. — Picture by Sayuti Zainudin

Malaysia / 14 h ago

‘This is even fancier than the PM’s office’: Anwar launches Maybank’s new headquarters at Menara Merdeka Maybank

Former GISB Holdings Sdn Bhd chief executive officer Nasiruddin Mohd Ali will return to court on October 3, 2026 to find out the outcome of his legal representations connected to the RM38.1 million money laundering case against him. — Bernama pic

Malaysia / 19 h ago

Money laundering charges: Former GISB chief, three ex-accountants to learn fate of representations on Oct 3

DNA Brands will set aside up to S$1 million for refunds after a Singapore investigation found that some staff used high-pressure sales tactics on customers. — Unsplash pic

Singapore / 18 h ago

Singapore beauty chain offers S$1m refunds after staff targeted elderly clients’ retirement savings

Datuk Seri Najib Tun Razak gets a temporary reprieve in his lawsuit against former Attorney General Tan Sri Tommy Thomas, but the Federal Court warned him that it will not allow any more delays next time. — Bernama file pic

Malaysia / 18 h ago

Heart op recovery keeps Najib from court in bid to revive suit against ex-AG Thomas, but majority grants delay — with a warning

Benteng Ampangan, a food court and local hangout for Ampangan folks and others in the vicinity, right opposite of it is the Ampangan UTC. — Picture by Soo Wern Jun

Malaysia / 17 h ago

As polling day nears, what’s on Negeri Sembilan voters’ minds?

A Malaysian official screens a Rohingya refugee ahead of repatriation to Myanmar. — Bernama pic

Malaysia / 17 h ago

Home Ministry starts refugee checks as Malaysia prepares to send back 5,000 Myanmar nationals

Prime Minister Datuk Seri Anwar Ibrahim said that good governance is an ongoing moral and institutional effort and pointed out that systems cannot rely on policies alone. — Picture by Sayuti Zainudin

Malaysia / 16 h ago

Special Parliament sitting on Tabung Haji RCI report set for Aug 11, says Anwar

Customers at Muiz Hot Chicken restaurant in Pagoh Jaya, which serves fried chicken, burgers and nasi lemak, July 30, 2026. — Bernama pic

Life / 12 h ago

Muiz Hot Chicken founder turns RM20 profit into RM45m business, eyes Brunei and Singapore

R. Alex, 28, was charged in the Teluk Intan Magistrates’ Court with four offences, including two counts of murder, over a crash that killed two teenage girls. — Bernama pic

Malaysia / 16 h ago

Driver charged with murder over Teluk Intan crash killing two teenage schoolgirls

Bursa Malaysia expects one or two large initial public offerings in the second half of 2026 after raising its full-year IPO market capitalisation target to RM34 billion. — Picture by Yusof Mat Isa

Money / 16 h ago

Big listings incoming: Bursa expects up to two major IPOs before year-end

Communications Minister Datuk Seri Fahmi Fadzil said the MCMC had been asked to invite telecommunications companies (telcos) to meet with Starlink to explore opportunities for deploying the technology, which does not necessarily depend on existing telecommunications infrastructure. — Bernama pic

Malaysia / 15 h ago

Starlink to trial satellite-to-phone internet service in Malaysia, says Fahmi

Transport Minister Anthony Loke said the programme was inspired not merely by statistics, but by what he repeatedly witnessed during constituency programmes with taxi drivers. — Picture via Facebook/JPJ

Malaysia / 2 h ago

A fresh start: Teksi Madani policy looks at uplifting taxi drivers

Money

4 m ago

Ringgit opens higher as cooling US economy takes steam out of greenback

The ringgit opened at 4.0800/0885 against the US dollar on Friday, July 31, 2026 and is expected to trade between RM4.07 and RM4.08 for the day. — Bernama pic

KUALA LUMPUR, July 31 – The ringgit opened higher against the US dollar on Friday as the greenback weakened following softer United States (US) economic data, an analyst said.At 8 am, the local currency strengthened to 4.0800/0885 against the greenback from Thursday’s close of 4.0875/0930.Bank Muamalat Malaysia Bhd chief economist...

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YTL Hospitality Real Estate Investment Trust (YTL Hospitality REIT) recorded a higher net profit of RM240.74 million for the financial year ended June 30, 2026. — Picture via Facebook/Pangkor Laut Resort

14 h ago

YTL Hospitality REIT net profit surges to RM240.7m on lower finance costs

German sportswear maker Adidas missed profit expectations on Thursday after it reported results weighed by the costs of World Cup marketing, sending its shares down 17 per cent. — AFP pic

14 h ago

Adidas shares plunge 17pc as World Cup marketing costs hammer quarterly profit

The ringgit closed higher against the greenback and other major currencies today, ahead of the US Federal Reserve meeting tomorrow and Wednesday to decide on interest rates. — Picture by Raymond Manuel

15 h ago

Ringgit closes flat against US dollar, mostly higher versus regional currencies Thursday

Bursa Malaysia Bhd is set to unveil its strategic roadmap for 2027-2030 in the fourth quarter of this year. — Picture via X/Bernama

15 h ago

Bursa Malaysia charts new roadmap with tokenisation, ETFs and stronger IPO pipeline

The FTSE Bursa Malaysia KLCI (FBM KLCI) rose 4.84 points to 1,720.40 from yesterday’s close of 1,715.56. — Picture by Yusof Mat Isa

15 h ago

Bursa Malaysia climbs despite crude oil rebound, US‑Iran hostilities clouding market outlook

Bursa Malaysia expects one or two large initial public offerings in the second half of 2026 after raising its full-year IPO market capitalisation target to RM34 billion. — Picture by Yusof Mat Isa

16 h ago

Big listings incoming: Bursa expects up to two major IPOs before year-end

TNG Digital is supporting a new Public Service Department initiative allowing eligible pensioners to receive monthly payments through TNG eWallet. — SoyaConcau pic

16 h ago

PSD taps TNG eWallet to provide pension lifeline for retirees facing banking access issues

The stock exchange operator’s revenue for the quarter rose to RM210.96 million from RM172.57 million, driven primarily by higher securities trading activity. — Picture by Raymond Manuel

18 h ago

Bursa Malaysia Q2 2026 net profit rises to RM71.77m, 16.5 sen dividend declared

BMW’s second-quarter net profit fell almost 35 per cent to €1.2 billion as deliveries in China plunged. — AFP pic

19 h ago

China sales collapse sends BMW profit down more than a third

Shell reported a threefold increase in second-quarter net profit to US$10.8 billion as the Middle East war drove oil prices higher. — AFP pic

19 h ago

Oil shock delivers Shell a blockbuster US$10.8b quarter

Toyota retained its position as the world’s top-selling carmaker for the seventh consecutive year, with 5.39 million vehicles sold in the first half of 2026. — File pic

19 h ago

Toyota stays world No. 1 automaker for seventh straight year despite global sales dip

A Microsoft data centre in Middenmeer, the Netherlands. The technology giant expects to spend US$50 billion in the current quarter as it expands data centres, chips and computing capacity. — AFP pic

20 h ago

Microsoft’s AI machine kicks into gear with US$35.8b profit

Malaysia’s total trade rose 6.3 per cent to RM3.1 trillion in 2025, supported by stronger exports and imports. — Picture by Firdaus Latif

20 h ago

DoSM: Malaysia trade climbs 6.3pc to RM3.1t with exports to US helping drive bumper 2025 performance

Meta shares sank as much as 12 per cent in after-hours trading after its profits fell short of Wall Street expectations. — AFP pic

23 h ago

Meta profits tumble 14pc, hammered by soaring AI costs, legal bills and layoffs

Bursa Malaysia opened lower today as cautious sentiment from Wall Street weighed on local equities. — Picture by Razak Ghazali

23 h ago

Bursa feels the Fed chill as KLCI slides in early trade

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