Banking and Finance
Public Mutual declares over RM61mil distributions for two funds
Public Mutual declared over RM61 million in distributions for two funds, with payouts of 3.25 sen and 0.80 sen per unit.
Category: Money and Investment
Property and Construction
MRCB Partners RUA AlHaram AlMakki for RM22.9b Makkah Development
MRCB partners RUA AlHaram AlMakki for RM22.9b Makkah project, integrating transport and mixed-use development under Saudi Vision 2030.
Wall Street
Wall Street Retreats as Yields Hit 19-Year High
Wall Street experienced a decline due to high bond yields and geopolitical tensions affecting global markets.
Ringgit
Ringgit Opens Higher on Easing Oil Prices, Geopolitical Hopes
Ringgit opened higher on easing oil prices and US-Iran talks optimism, trading firmer against major currencies and most ASEAN peers.
Mastercard
Mastercard-GXBank Study: Financial Health Driven More by Habits Than Demographics
Mastercard-GXBank study finds financial health shaped more by habits than demographics, stressing early engagement, saving discipline, and meaningful rewards.
Ringgit
Ringgit Opens Slightly Higher Amid Easing Oil Prices
The ringgit strengthened slightly against major currencies due to easing oil prices and geopolitical developments, influencing market sentiment.
Business News
MACC: Najib’s Conditional Pardon Does Not Affect 1MDB Case
MACC says Najib’s conditional pardon does not affect ongoing 1MDB case, stressing investigations continue separately and status quo remains.
Corruption
Court Rejects DNAA Bid in Abu Sahid, Wife’s CBT and Money Laundering Case
Sessions Court rejects DNAA bid by Abu Sahid and wife, ordering prosecution to proceed with CBT and money laundering trial.
Business News
Lim Guan Eng Urges Anwar to Accelerate Economic Reforms Ahead of Malaysia Day
Lim Guan Eng urges Anwar Ibrahim to implement more economic reforms, emphasizing support for small businesses and cost-of-living relief during Malaysia Day speech.
Plantation Sector
MACC Probes RM80 Million Felda Palong 7 Replanting Project
MACC investigates RM80 million Felda Palong 7 replanting project over alleged irregularities in seedling supply and management weaknesses.
World Business News
Wall Street Rebounds as US Treasury Buys Bonds
US Treasury bond purchases ease yields; Wall Street rebounds, oil stays high, FBMKLCI seen consolidating within 1,725–1,735 range.
Business News
Malaysian SMEs need a workflow owner before AI becomes infrastructure
The Malaysia AI Expo emphasizes ownership in AI workflows for SMEs, ensuring accountability and effective management alongside technology.
Malaysia
Current Account Surplus Narrows but Full-Year Outlook Raised
Malaysia's current account surplus decreased to RM10.8 billion in 2Q26, influenced by service deficits and profit repatriation.
Money and Investment
Beyond the 6% GDP Surge: What Malaysia’s Growth Numbers Mean for Investors
Malaysia's economy expanded 6.0% in Q2 2026, driven by manufacturing and stable services, reinforcing its resilience amid global uncertainties - But what does it…
Singapore
Singapore Bank Stocks Surge on Strong Earnings and Rising Interest Rates
Singapore bank stocks soar on strong earnings, dividends, and higher interest rates, reinforcing investor confidence and driving record valuations.
Business News
Datametrics Serves Up Healthy Competition for Malaysia’s Investment Community
Pankaj added that DARE has always believed that a strong investment community is built not only through information, research and professional interaction, but also…