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Brent Tops US$100 Per Barrel On Escalation US-Iran Conflict

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 9 (Bernama) -- Brent oil surpassed US$100 per barrel for the first time since July 2026 as the escalation in the United States (US)-Iran conflict, including attacks on oil tankers and Saudi Arabia’s energy facilities, raises concerns about further supply disruptions through the Strait of Hormuz and the Red Sea. 

Bursa Malaysia Ends Slightly Lower At Noon Break

KUALA LUMPUR, Sept 9 (Bernama) -- Bursa Malaysia ended the morning session slightly lower as profit-taking emerged among selected heavyweights, mainly banking stocks.

Malaysia’s IPI Expands 4.7 Pct In July, Manufacturing Sales Hit RM177.3 Bln

KUALA LUMPUR, Sept 9 (Bernama) -- Malaysia’s Industrial Production Index (IPI) expanded 4.7 per cent year-on-year (y-o-y) in July 2026, supported by growth in the manufacturing and electricity sectors, according to the Department of Statistics Malaysia (DOSM).

Analysts Differ On KPJ Healthcare’s Outlook, Majority Stay Positive

KUALA LUMPUR, Sept 9 (Bernama) -- Analysts at investment banks have differing views on KPJ Healthcare Bhd’s outlook as the group navigates a leadership transition while pursuing its strategic roadmap and expansion plans.

Bursa Malaysia Rebounds, Opens Higher Despite Wall Street Weakness

KUALA LUMPUR, Sept 9 (Bernama) -- Bursa Malaysia rebounded from Tuesday’s losses to open higher on Wednesday despite weakness on Wall Street, as concerns over higher crude oil prices intensified amid escalating tensions in West Asia, an analyst said.

PNB Launches Second US$300 Mln Secured Exchangeable Sukuk

KUALA LUMPUR, Sept 9 (Bernama) -- Permodalan Nasional Bhd (PNB) has launched its second US$300 million secured exchangeable sukuk to optimise its portfolio through innovative capital market solutions.

TRC Synergy Secures RM149.98 Mln Hyperscale Data Centre Contract 

KUALA LUMPUR, Sept 8 (Bernama) -- TRC Synergy Bhd has secured a contract from Gamuda Engineering Sdn Bhd for underground services works worth RM149.98 million for a hyperscale data centre.

Public Bank To Privatise Hong Kong Subsidiary At HK$2.50 Per Share

KUALA LUMPUR, Sept 8 (Bernama) -- Public Bank Bhd has proposed to privatise its 73.23 per cent-owned subsidiary Public Financial Holdings Ltd (PFHL) for HK$2.50 (RM1.29) per share.

Favelle Favco Secures RM131.7 Mln In Crane Supply Contracts

KUALA LUMPUR, Sept 8 (Bernama) -- Favelle Favco Bhd (FFB) has secured purchase orders worth a combined RM131.7 million from four clients to supply tower and offshore cranes.

Bursa Malaysia Lower At Midday On Profit-taking

KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia ended lower at the midday break amid persistent profit-taking and weaker risk appetite, while the FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to face further volatility due to heightened external and domestic headwinds.

Ringgit Opens Almost Flat Vs Greenback Amid Ongoing West Asia Conflict

KUALA LUMPUR, Sept 8 (Bernama) -- The ringgit was almost flat against the US dollar at Tuesday’s open, as investors remained cautious amid the ongoing West Asia conflict, which continued to drive crude oil prices higher and support the greenback.

Vestland Bags RM263.73 Mln Dual-function Wall Project In Kelantan

KUALA LUMPUR, Sept 7 (Bernama) -- Vestland Bhd’s wholly owned subsidiary, Vestland Infra Sdn Bhd, has accepted a letter of award from Johnson Fluid Engineering Sdn Bhd for a RM263.73 million dual-function wall project in Kelantan.