CIMB 2Q Net Profit Rises To RM1.94 Bln, Declares 19.65 Sen Dividend

KUALA LUMPUR, Aug 28 (Bernama) -- CIMB Group Holdings Bhd’s net profit rose to RM1.94 billion in the second quarter ended June 30, 2026 (2Q 2026) compared to RM1.89 billion in 2Q 2026, supported by broad-based performance across all businesses.

Axiata Posts Net Profit Of RM42.52 Mln In 2Q

KUALA LUMPUR, Aug 28 (Bernama) -- Axiata Group Bhd's net profit declined to RM42.52 million in the second quarter ended June 30, 2026 (2Q 2026), from RM270.81 million a year earlier.

Govt Studies Proposals To Boost MSMEs Under Budget 2027 -- Amir Hamzah

KUALA LUMPUR, Aug 28 (Bernama) -- The government is studying various proposals and initiatives to help boost business activity among micro, small and medium enterprises (MSMEs) under Budget 2027, Finance Minister II Datuk Seri Amir Hamzah said.

Ringgit Ends Higher Ahead Of Fed Chair’s Jackson Hole Remarks

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 28 (Bernama) -- The ringgit ended higher against the greenback and major currencies on Friday ahead of US Federal Reserve (Fed) Chair Kevin Warsh’s speech at the Jackson Hole Symposium.

Bursa Malaysia Ends Lower On Broad-based Selling Ahead of Long Weekend

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 28 (Bernama) -- Bursa Malaysia ended lower on Friday, weighed down by broad-based selling ahead of the long weekend.

ABB Bank Expands Into Uzbekistan With Davr Bank Acquisition

KUALA LUMPUR, Aug 28 (Bernama) -- The ABB Davr Bank project was officially launched in Tashkent, marking the inauguration and groundbreaking of projects being implemented by Azerbaijan in Uzbekistan.

RHB Bank 2Q Net Profit Rises Marginally To RM807.15 Mln

KUALA LUMPUR, Aug 28 (Bernama) -- RHB Bank Bhd registered a marginal increase in net profit to RM807.15 million for the second quarter ended June 30, 2026 (2Q FY2026), from RM803.50 million in the previous corresponding quarter, attributed to higher total income and lower expected credit losses. 

BNM: Malaysia’s International Reserve Assets At Us$132.07 Bln As Of End-July

KUALA LUMPUR, August 28 (Bernama) -- Malaysia’s international reserve assets amounted to US$132.07 billion (US$1= RM4.02), while other foreign currency assets stood at US$368.50 million as of end-July 2026, said Bank Negara Malaysia (BNM).

ASM 2 Wawasan Declares income Distribution Amounting To RM1.31 Bln, Highest In 7 Years

KUALA LUMPUR, Aug 28 (Bernama)-- Permodalan Nasional Bhd’s (PNB) wholly-owned unit trust management company, Amanah Saham Nasional Bhd (ASNB), has announced a RM1.31 billion income distribution for its fixed price fund, Amanah Saham Malaysia 2 – Wawasan (ASM 2 Wawasan).

Utility Counters Weigh On Bursa Malaysia At Midday

KUALA LUMPUR, Aug 28 (Bernama) -- Bursa Malaysia remained in negative territory at midday, weighed down by persistent selling pressure in selected heavyweights, particularly utility counters.

Bursa Malaysia Turns Lower At Mid-Morning

KUALA LUMPUR, Aug 28 (Bernama) -- Bursa Malaysia’s key index turned lower at mid-morning, weighed down by selected heavyweights, particularly in the utilities, construction and financial services sectors.

MISC Shares Down 5.66 Pct In Early Trading Session

KUALA LUMPUR, Aug 28 (Bernama) -- MISC Bhd’s share price fell 5.66 per cent in the early trading session today, despite its higher net profit in the second quarter ended June 30, 2026 (2Q 2026), announced yesterday.