Claim That TH Suffered Losses Due To Stock Market Downturn Is Baseless - Amir Hamzah

KUALA LUMPUR, Aug 11 (Bernama) -- Claims that Tabung Haji (TH) suffered losses due to a stock market downturn are baseless, as the stock market remained strong and reached its highest level in 2018, while the decline that year was only about 6 per cent.

TH Posts Almost RM13 Bln In Losses From 14 Investments, Seven of Which 100 Pct Losses - Amir Hamzah

By Nurunnasihah Ahmad Rashid and Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 11 (Bernama) -- Lembaga Tabung Haji (TH) incurred losses of nearly RM13 billion through 14 problematic investments, seven of which suffered losses of 100 per cent, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Tabung Haji Investment Losses Not All Due To Misconduct – Aminuddin

KUALA LUMPUR, Aug 11 (Bernama) -- Port Dickson Member of Parliament Datuk Seri Aminuddin Harun stated that discussions regarding investments by Lembaga Tabung Haji (TH) must be conducted fairly, as every investment carries risks, and not all losses incurred are due to misconduct.

SD Guthrie 2Q Net Profit Rises To RM987 Mln

KUALA LUMPUR, Aug 11 (Bernama) -- SD Guthrie Bhd’s (Guthrie) net profit for the second quarter of 2026 (2Q 2026) ended June 30 jumped to RM987 million from RM505 million in 2Q 2025.

Bursa Malaysia Ends Lower On Higher Oil Prices, Geopolitical Concerns

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 11 (Bernama) -- Bursa Malaysia ended lower on Tuesday, as renewed gains in crude oil prices and persistent geopolitical concerns weighed on investor sentiment.

Businesses, Public Play Vital Role In Strengthening Malaysia’s Energy Security Amid Geopolitical Tensions

By Harizah Hanim Mohamed

KUALA LUMPUR, Aug 11 (Bernama) -- Businesses and the public have a vital role in supporting   Malaysia’s energy security, which has become increasingly important, as global geopolitical tensions continue to disrupt the energy landscape.

Bursa Malaysia Opens Higher On Bargain Hunting

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 11 (Bernama) -- Bursa Malaysia opened higher on bargain hunting after a recent slip, despite the cue from negative Wall Street.

TH RCI: Debate Should Focus On Ending Political Interference, Says Academic

KUALA LUMPUR, Aug 10 (Bernama) -- Tomorrow's parliamentary debate on the Royal Commission of Inquiry (RCI) report on Lembaga Tabung Haji (TH) should focus on ensuring there is no political involvement or interference in the institution's administration, a business academic said.

Malaysia's Positive Economic Growth Reflects Country's Resilience – Academic

KUALA LUMPUR, Aug 10 (Bernama) -- The preliminary estimate of Malaysia's gross domestic product (GDP), which grew by 5.8 per cent in the second quarter of 2026, is a positive development that reflects the resilience of the country's economy amid an uncertain global environment, said an academic.

Rubber Market Ends Lower On Weak US Labour Data

By K. Naveen Prabu

KUALA LUMPUR, Aug 10 (Bernama) -- The Kuala Lumpur rubber market ended lower on Monday, weighed down by weaker-than-expected United States (US) labour market data, a dealer said.

Bursa Malaysia Ends Marginally Lower as Investors Stay On Sidelines

By Engku Shariful Azni Engku Ab Latif & Abdul Hamid A Rahman

KUALA LUMPUR, Aug 10 (Bernama) -- Bursa Malaysia ended marginally lower on Monday, as investors largely stayed on the sidelines and adopted a wait-and-see approach amid uncertainties over US monetary policy and geopolitical developments, an analyst said.

AM Best: Record Reinsurance Capital Tests Underwriting Discipline 

KUALA LUMPUR, Aug 10 (Bernama) -- Global reinsurers are facing increased pressure on pricing as strong earnings since 2023 have driven capital to record levels, raising questions over whether underwriting discipline can be maintained amid growing competition, according to a new report by AM Best.