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Capital Market To Drive Next Phase Of Semiconductor Growth

KUALA LUMPUR, Aug 7 (Bernama) -- Malaysia's capital market has an important role to play in supporting the nation's next phase of semiconductor growth as the country positions itself to capture opportunities arising from the reorganisation of global semiconductor supply chains.

Mongolian Mining Expects First Half 2026 Profit After Loss

KUALA LUMPUR, Aug 7 (Bernama) -- Mongolian Mining Corporation is expected to record a consolidated net profit of between approximately US$100.0 million and US$110.0 million for the six months ended June 30, 2026, compared with a consolidated net loss of US$19.9 million reported for the same period in 2025. (US$1=RM4.08)

Ringgit Opens Mostly Higher Versus Major Currencies, Steady Against US Dollar

KUALA LUMPUR, Aug 7 (Bernama) -- The ringgit opened mostly higher against other major currencies, and was almost unchanged versus the US dollar, as escalating global tensions capped gains in the greenback ahead of the release of the United States’ non-farm payrolls (NFP) data.

Foreign Investors Return To Malaysian Equities With RM300.9 Mln Net Inflows In July

KUALA LUMPUR, Aug 6 (Bernama) -- Foreign investors returned to Malaysian equities in July, recording RM300.9 million in net inflows, with buying concentrated in financial services, transportation and logistics, and utilities.

Malaysia Initiates Anti-Dumping Probe On Coated Steel Imports From China, Taiwan, Vietnam -- MITI

KUALA LUMPUR, Aug 6 (Bernama) -- Malaysia has initiated an anti-dumping duty investigation on imports of flat rolled products of other alloy and non-alloy steel, plated or coated with aluminium and zinc, originating or exported from China, Taiwan and Vietnam (the subject merchandise).

Lotte Chemical Titan 2Q Net Loss Widens To RM174.2 Mln, Revenue Up 116 Pct

KUALA LUMPUR, Aug 6 (Bernama) -- Lotte Chemical Titan Holding Bhd’s net loss widened to RM174.2 million in the second quarter (2Q) ended June 30, 2026, from RM173.08 million in the same quarter a year ago.

Ringgit Ends Higher Against US Dollar Ahead Of US Jobs Data

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Aug 6 (Bernama) -- The ringgit closed higher against the US dollar today, although gains were capped by a broadly firmer greenback as investors remained cautious ahead of the release of the closely watched United States (US) non-farm payrolls (NFP) report tomorrow, an analyst said.

EcoSys Signs Underwriting Agreement With M&A Securities Ahead Of ACE Market IPO

KUALA LUMPUR, Aug 6 (Bernama) -- Industrial solutions provider EcoSys (Malaysia) Bhd has signed an underwriting agreement with M&A Securities Sdn Bhd in preparation for its upcoming listing on the ACE Market of Bursa Malaysia Securities Bhd through an initial public offering (IPO).

Batu Kawan's Unit Takeover Bid For MKH Turns Unconditional

..KUALA LUMPUR, Aug 6 (Bernama) -- Batu Kawan Bhd announced that its wholly owned subsidiary, Whitmore Holdings Sdn Bhd’s voluntary takeover offer for MKH Bhd has become unconditional after the former’s shareholders approved the proposed acquisition at the group's extraordinary general meeting (EGM) on Aug 5.

Levoit Singapore Launches Fresher Air Campaign In Support Of Community Chest

KUALA LUMPUR, Aug 6 (Bernama) -- Home wellness brand Levoit Singapore has launched the “Fresher Air for Every Home” campaign in support of Community Chest, combining in-kind product donations, sales-linked contributions and a public donation initiative.

Ringgit Opens Slightly Higher As Soft US Data Weighs On Greenback

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 6 (Bernama) -- The ringgit opened slightly higher against the US dollar on Thursday, supported by improved market sentiment after weaker-than-expected United States (US) economic data weighed on the greenback.

Ringgit Closes Slightly Higher Against US Dollar Ahead Of Key US Data Releases

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Aug 5 (Bernama) -- The ringgit closed marginally higher against the US dollar today despite investors' cautious stance ahead of key US economic data, including this week's non-farm payrolls (NFP) report which could offer further clues on the US Federal Reserve's (Fed) monetary policy path, an analyst said.