BusinessToday | Malaysia's Premier Business News Portal

Magnificent Seven Stocks Trading At Cheapest Valuation In More...

Editor - July 9, 2026

The Magnificent Seven stocks are now trading at their cheapest valuation relative to the S&P 500 in more than a decade, according to Morgan Stanley. The analysis looks at the...

Markets

IPO Debut: SRKK AI Surges 91% To 61 Sen...

Business Today Editorial - July 9, 2026

SRKK AI Bhd made a strong ACE Market debut on July 9, closing at 61 sen, up 29 sen or 90.62% from its IPO price of 32 sen, as...

Markets

Bursa Malaysia Ends Lower As West Asia Tensions Weigh...

Business Today Editorial - July 9, 2026

Bursa Malaysia closed lower on July 9 as renewed geopolitical tensions in West Asia dampened investor sentiment, with the benchmark index retreating nearly six points. The FTSE Bursa Malaysia KLCI...

Markets

Market Movement Edges Higher As SRKK AI Dominates Trading...

Business Today Editorial - July 9, 2026

The stock market traded on a firmer footing as market sentiment improved slightly, with gainers narrowly outpacing losers 533 to 504 in a mixed stock movement session where some...

Markets

Foreign Exchange Rates July 9, 2026

Business Today Editorial - July 9, 2026

The closing foreign exchange rates, sourced from Bank Negara Malaysia and recorded at 5pm on July 9, 2026, provide a comprehensive overview of currency fluctuations for the day. These rates,...

KTI Landmark Sign MOU With Sabah Rubber For 500...

Editor - July 9, 2026

KTI Landmark Berhad has signed a memorandum of understanding (MOU) with the Sabah Rubber Industry Board (SRIB) to explore the joint development of approximately 500 acres of land in...

News

PRG Holdings To Proceed With Winding-Up Petition Against Developer

Editor - July 9, 2026

PRG Holdings Berhad has decided to commence legal proceedings by filing a winding-up petition following matters arising from a previously announced settlement agreement. The legal action is against property...

News

AIZO Secures RM9.09 Million Cheras TOD Infrastructure Contract

Business Today Editorial - July 9, 2026

AIZO Group Bhd has strengthened its construction order book after its wholly owned subsidiary, AIZO Construction Sdn Bhd, secured a RM9.09 million sub-contract for road and drainage works supporting...

News

Prime Minister Denies Purchasing New Luxury Car For Self Use

Editor - July 9, 2026

Prime Minister Datuk Seri Anwar Ibrahim has dismissed allegations that he recently purchased a new luxury vehicle for his personal use, describing the claims...

Global

Very Strong Typhoon Bavi Approaches Taiwan

Editor - July 9, 2026

Taiwan's meteorological agency issued a sea warning on Thursday afternoon as Typhoon Bavi, the ninth typhoon of the year, continued to strengthen and move...

News

RHB Raises Westports Target Price On Solid Earnings Estimate Ahead

Business Today Editorial - July 9, 2026

RHB Investment Bank Bhd (RHB Research) maintained its BUY call on Westports Holdings Bhd and raised its target price to RM7.49 from RM6.55, implying...

News

CIMB: Cost Of Living Weighs On Consumers Spending, 2H Outlook Remains Cautious

Business Today Editorial - July 9, 2026

CIMB Investment Bank Bhd (CIMB Securities) maintained its NEUTRAL view on the consumer sector for the second half of 2026, expecting more cautious consumer...

News

IVECO And Petronas Renew Partnership For Another Five Years

Editor - July 9, 2026

IVECO and PETRONAS Lubricants International have officially renewed their long-standing strategic partnership for an additional five years. The agreement extends the partnership through 2032, marking a...

News

KTI Landmark Sign MOU With Sabah Rubber For 500 Acre Development

Editor - July 9, 2026

KTI Landmark Berhad has signed a memorandum of understanding (MOU) with the Sabah Rubber Industry Board (SRIB) to explore the joint development of approximately...

News

TDM Agrees Revised Land Rental Rates With Terengganu State Unit

Editor - July 9, 2026

TDM Berhad has formalised revised rental rates for approximately 32,089 acres of plantation land leased from Perbadanan Memajukan Iktisad Negeri Terengganu (PMINT), following the...

News

Alpha IVF Raises Stake In Singapore Fertility Unit To 96.53% Via Rights Issue

Editor - July 9, 2026

Alpha IVF Group Berhad has increased its ownership in its Singapore fertility healthcare subsidiary to 96.53% following the subscription of additional shares under a...