By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 22 (Bernama) -- The spike in crude oil prices helped lift the ringgit, which finished higher against the US dollar and other major currencies at today's close.
KUALA LUMPUR, July 22 (Bernama) -- Mynews Holdings Bhd's wholly owned subsidiary Mynews Retail Sdn Bhd has entered into a sale and purchase agreement (SPA) with Thung Hing Metal Industry Sdn Bhd to acquire 13.5 acres leasehold industrial land in Rawang, Selangor for RM24.70 million.
KUALA LUMPUR, July 22 (Bernama) -- Eco-shop Marketing Bhd’s net profit rose to RM264.56 million in the financial year ended May 31, 2026 (FY2026) compared with RM205.03 million registered in FY2025.
KUALA LUMPUR, July 22 (Bernama) -- United Plantations Bhd's net profit for the second quarter ended June 30, 2026 (2Q FY2026) declined to RM194.00 million, compared with RM249.38 million recorded in the same quarter last year.
By Karina Imran
KUALA LUMPUR, July 22 (Bernama) -- Bursa Malaysia closed lower on Wednesday as investors continued to take profit following the recent rally, while elevated crude oil prices and lingering geopolitical tensions in West Asia kept market sentiment cautious, said an analyst.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, July 22 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Wednesday, despite gains in regional rubber futures markets, firmer benchmark crude oil prices and a slightly weaker ringgit against the US dollar, according to a dealer.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, July 22 (Bernama) -- While the Brent crude oil price hike would harm the global market, some heavy indexes of artificial intelligence (AI) and semiconductor beneficiaries are still attracting flows, creating a sharp split beneath the surface, an analyst said.
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, July 22 (Bernama) – Market intelligence company Kpler’s senior crude oil analyst Muyu Xu has warned that crude oil prices can climb above US$100 per barrel and even spike to US$120 due to acute supply constraints if the war between the United States and Iran in West Asia persists for another one or two weeks.
KUALA LUMPUR, July 22 (Bernama) -- CelcomDigi Bhd has launched a customer rewards campaign offering RM20 million worth of prizes as a token of appreciation to customers following its milestone of reaching 20 million customers.
KUALA LUMPUR, July 22 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) recorded 51 million passenger movements across its Malaysian airports in the first half of 2026 (1H 2026), up 1.8 per cent from a year earlier.
KUALA LUMPUR, July 22 (Bernama) -- Malaysia's automotive sales are expected to remain resilient in the second half of 2026 (2H2026), supported by the introduction of more localised electric vehicle (EV) models and stronger demand for hybrid vehicles, fuelled by consumers' growing preference for new energy vehicles.
KUALA LUMPUR, July 22 (Bernama) -- The government estimates that the RON95 petrol subsidy will reach approximately RM2 billion per month, while the diesel subsidy will amount to about RM1.5 billion per month, if crude oil prices remain at around US$90 per barrel based on current projections.
