Bursa Malaysia Higher At Midday, Tracking Wall Street's Cues
KUALA LUMPUR, Aug 4 (Bernama) -- Bursa Malaysia was higher at midday, tracking overnight gains on Wall Street amid geopolitical uncertainties.
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Lumora Secures Pre-Seed Funding For Industrial Solar Growth
KUALA LUMPUR, Aug 4 (Bernama) -- Lumora, South Korea's first Independent Power Producer (IPP) dedicated to underutilised industrial space, has closed a pre-seed financing round led by a fund anchored by Yuhan-Kimberly and managed by My Social Company (MYSC), alongside HGI and other strategic investors.
AI Boom Propels More Malaysian Firms Onto Forbes Asia's 2026 Best Under A Billion List
By Anas Abu Hassan
SINGAPORE, Aug 4 (Bernama) -- Forbes Asia today unveiled its 2026 Best Under A Billion list, featuring 200 of Asia-Pacific’s top-performing small and mid-sized listed companies, with the number of Malaysian firms on the list more than doubling to 19 companies.
Bursa Malaysia Higher At Mid-Morning
KUALA LUMPUR, Aug 4 (Bernama) -- Bursa Malaysia stayed higher on mid-morning with buying interspersed with selling in selected heavyweights, as investors remained cautious amid lingering geopolitical uncertainties.
2PointZero Reports Strong First Half Revenue, Net Profit
KUALA LUMPUR, Aug 4 (Bernama) -- Abu Dhabi-based investment holding firm, 2PointZero Group has reported revenue of 21.9 billion Emirati dirham and a group net profit of 7.7 billion Emirati dirham for the first half of 2026. (100 Emirati dirham = RM111.58)
Bursa Malaysia Opens Higher, Retreats Amid Cautious Sentiment
KUALA LUMPUR, Aug 4 (Bernama) -- Bursa Malaysia opened higher on Tuesday but subsequently retreated as investors remained cautious amid persistent uncertainties in global markets, an analyst said.
Ringgit Opens Higher Against Major Currencies, Nearly Unchanged Against US Dollar
KUALA LUMPUR, Aug 4 (Bernama) -- The ringgit opened higher against other major currencies and was almost unchanged versus the US dollar on Tuesday following the release of the US Institute for Supply Management (ISM) Manufacturing PMI data.
Indonesia Eyes US$20 Bln In Bilateral Trade With Thailand Under Strategic Roadmap
JAKARTA, Aug 3 (Bernama) -- Indonesia is optimistic about achieving US$20 billion in bilateral trade with Thailand by 2030 following the adoption of the Indonesia-Thailand Strategic Partnership Roadmap 2026-2030 on Monday.
Govt Diversifies Gas Supply Sources To Strengthen National Energy Security
KUALA LUMPUR, Aug 3 (Bernama) -- The government is prioritising Malaysia's energy security by diversifying access to large-scale gas resources that could broaden supply options and enhance the country's energy resilience.
Oil Price Decline May Be Temporary Amid Uncertainty Over US-Iran Talks -- Economist
By Abdul Hamid A Rahman
KUALA LUMPUR, Aug 3 (Bernama) -- The sharp decline in global crude oil prices today may be temporary, as market sentiment remains highly sensitive to developments surrounding the proposed talks between the United States and Iran, an economist said.
Press Metal To Raise PMB Technology Stake To 58.8 Pct In RM464.95 Mln Deal
KUALA LUMPUR, Aug 3 (Bernama) -- Press Metal Aluminium Holdings Bhd plans to acquire a 35.6 per cent stake in PMB Technology Bhd for RM464.95 million in cash, raising its interest to a controlling 58.8 per cent from 23.2 per cent.
Malaysia's Economic Growth May Exceed 5.0 Pct In 2026 - Analysts
KUALA LUMPUR, Aug 3 (Bernama) -- Malaysia's economy could record another year of growth exceeding 5.0 per cent, supported by robust exports and resilient domestic spending, said MBSB Investment Bank Bhd.