LATEST NEWS   Saifuddin Nasution to temporarily assume duties of PKR deputy president - Fahmi | PKR Central Leadership Council agree to grant Nurul Izzah temporary leave of absence as PKR Deputy President, effective after upcoming 2026 National Congress - Fahmi | Government initiates expiry review of anti-dumping duties on imports of prepainted, painted or colour-coated steel coils from China and Vietnam - MITI | Southern Score Builders Bhd's 51 pct-owned subsidiary SJEE Engineering has secured subcontract works for a data centre project worth of RM146.5 mln  | KL20 2026 will be held in Penang, Johor and Kuala Lumpur, supported by key strategic partners - Akmal Nasir | 

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Ringgit Closes Lower Against Greenback On Fed Rate Hike Expectations

By K. Naveen Prabu

KUALA LUMPUR, June 18 (Bernama) -- The ringgit closed lower against the US dollar on Thursday as expectations of a possible US Federal Reserve (Fed) interest rate hike later this year boosted demand for the greenback.

Buying In Consumer Stocks Helps Bursa Malaysia Close Slightly Higher

By Siti Noor Afera Abu

KUALA LUMPUR, June 18 (Bernama) -- Bursa Malaysia’s key index finished marginally higher, supported by strong buying interest in consumer-related counters, amid mixed performance across regional markets.

Univar Solutions Expands EMEA Distribution Pact With American Distilling 

KUALA LUMPUR, June 18 (Bernama) -- Univar Solutions B.V., a subsidiary of Univar Solutions LLC (Univar Solutions), has expanded its distribution partnership with American Distilling to supply a broader range of natural speciality ingredients across select Europe, Middle East and Africa (EMEA) markets through its Ingredients + Specialties division.

SRKK AI Aims To Raise RM20.48 Mln From IPO For Strategic Growth Initiatives In AI

KUALA LUMPUR, June 18 (Bernama) -- SRKK AI Bhd aims to raise RM20.48 million in proceeds from its Initial Public Offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd, primarily for strategic growth initiatives in Artificial Intelligence (AI).

MR D.I.Y. Thailand Earns Spot In Key Set Benchmark Indices

By Kenny Teng

BANGKOK, June 18 (Bernama) -- Thailand’s leading home improvement and lifestyle retailer, MR D.I.Y. Holding (Thailand) Public Company Limited (MRDIYT), has been selected for inclusion in three key indices of the Stock Exchange of Thailand (SET), underscoring growing investor confidence in the company’s business fundamentals and market position.

iFAST Global Bank Launches QR Payment Cashback Promotion

KUALA LUMPUR, June 18 (Bernama) -- iFAST Global Bank is offering a limited-time cashback promotion to encourage the use of its Worldwide Scan & Pay service, rewarding customers with one per cent cashback on eligible QR code payments made locally and overseas.

Rubber Market Closes Mixed On Weaker Regional Futures, Lower Oil Prices

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, June 18 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Thursday, tracking losses in regional rubber futures markets and lower benchmark crude oil prices.

Top Glove's 3Q Net Profit Jumps To RM80.98 Mln

KUALA LUMPUR, June 18 (Bernama) -- Top Glove Corporation Bhd’s net profit jumped to RM80.98 million in the third quarter ended May 31, 2026 (3Q FY2026), compared with the RM34.74 million reported in the previous corresponding quarter.

Perodua Reduces Service Maintenance Parts Price By Up To 10 Pct

KUALA LUMPUR, June 18 (Bernama) -- Perusahaan Otomobil Kedua Sdn Bhd (Perodua) is reducing the price of its service maintenance parts, including labour, by up to 10 per cent, beginning June 19.

Extreme Weather, Natural Disasters Top Construction Risks Over Next Five Years -- Zurich

KUALA LUMPUR, June 18 (Bernama) -- Zurich Insurance Group has identified extreme weather and natural disasters as the most severe risks facing the construction sector over the next five years, assigning a score of 6.2 out of seven on its risk severity scale.

Sustained Buying Lifts Bursa Malaysia Higher At Midday

KUALA LUMPUR, June 18 (Bernama) -- Bursa Malaysia ended higher at midday, supported by continued buying interest in heavyweights, amid mixed regional market performance.

Titanbay Names Marcel Rohner Non-Executive Director

KUALA LUMPUR, June 18 (Bernama) -- Titanbay has appointed Marcel Rohner, vicechairman of Union Bancaire Privée (UBP), chairman of the Swiss Bankers Association and former group chief executive of UBS, as a non-executive director on its group board.