Gold Futures End Higher On Global Fiscal Concerns

By Harizah Hanim Mohamed

KUALA LUMPUR, Aug 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Tuesday, against a broader backdrop of global fiscal concerns, rising government debt burdens and persistent questions over the long-term credibility of sovereign balance sheets.

Vstecs 2Q Net Profit Jumps 50 Pct To RM30.31 Mln On Strong Growth Across All Business Segments

KUALA LUMPUR, Aug 12 (Bernama) -- Vstecs Bhd’s net profit for the second quarter ended June 30, 2026 (2Q 2026) increased 50 per cent to RM30.31 million from RM20.17 million in the same period a year ago, underpinned by strength across all business segments.

Ringgit Ends Higher Vs Greenback Ahead of US Inflation Data

EITA Resources' Unit Bags RM62.3 Mln Works Contract From Prasarana

KUALA LUMPUR, Aug 12 (Bernama) -- EITA Resources Bhd’s wholly owned subsidiary EITA Elevator (Malaysia) Sdn Bhd has accepted a letter of award (LoA) from Prasarana Malaysia Bhd for a works contract worth RM62.3 million.

Bursa Malaysia Ends At Intraday High Lifted By Utilities, Petrochemical Stocks

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 12 (Bernama) -- Bursa Malaysia ended at its intraday high on Wednesday, buoyed by buying interest in utilities and petrochemical stocks amid elevated crude oil prices.

SME Financing Conditions Remain Supportive, But Businesses Must Adapt - BNM Governor

KUALA LUMPUR, Aug 12 (Bernama) -- Overall financing conditions for small and medium enterprises (SMEs) remain supportive, with banks and development financial institutions (DFIs) continuing to provide financing to viable businesses.

Space42, Leonardo DRS Ink MoU To Advance UAE National Security Systems

KUALA LUMPUR, Aug 12 (Bernama) -- Space42, the United Arab Emirates (UAE)-based artificial intelligence (AI)-powered SpaceTech company has signed a memorandum of understanding with Leonardo DRS to explore integrated sovereign national security capabilities for the UAE.

Rubber Market Ends Higher On Firmer Oil Prices, Positive US Data

By K. Naveen Prabu

KUALA LUMPUR, Aug 12 (Bernama) -- The Kuala Lumpur rubber market ended higher on Wednesday, supported by firmer crude oil prices, a dealer said.

K2 Global Raises US$200 Mln For AI Investment

KUALA LUMPUR, Aug 12 (Bernama) -- K2 Global, founded by solo venture capitalist Ozi Amanat, has announced US$200 million in capital commitments focused on artificial intelligence (AI), robotics, compute infrastructure, semiconductors, national security and next-generation healthcare technologies. (US$1=RM4.08)

Dark Horse Consulting Group Expands Into China With Shanghai Practice 

KUALA LUMPUR, Aug 12 (Bernama) -- Dark Horse Consulting Group (DHCG) has established a China practice in Shanghai and appointed Kang Liu as Senior Director and Head of China and its first hire, marking the life sciences consulting firm's expansion into the Chinese biotechnology market.

MIDA, Invest Hong Kong Renew Partnership, Promoting Two-Way Investment Between Malaysia And Hong Kong

KUALA LUMPUR, Aug 12 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and Invest Hong Kong (InvestHK) today renewed their memorandum of understanding (MoU), setting a shared course to capture new investment opportunities across ASEAN, the Greater Bay Area and Mainland China.

Kerjaya Prospek Unit Bags RM223.0 Mln Construction Contract In Johor Bahru

KUALA LUMPUR, Aug 12 (Bernama) -- Kerjaya Prospek Group Bhd’s wholly owned subsidiary, Kerjaya Prospek (M) Sdn Bhd, has secured a RM223.0 million contract for the construction and completion of the main building for a development project in Johor Baharu from Sunway Majestic Sdn Bhd.