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Bursa Malaysia Rises 0.47% As Budget 2027 Lifts Sentiment

Business Today Editorial - October 9, 2026

Bursa Malaysia ended higher on Friday, with the FBM KLCI gaining 0.47% as investors welcomed Budget 2027 and bargain hunting supported a rebound following the market's recent sell-off. The benchmark...

Markets

Nestle, MI Among Top Gainers As PetGas Leads Losers

BusinessToday - October 9, 2026

Nestlé (Malaysia) Bhd led the gainers, rising 72 sen to RM90.16 on 59,000 shares traded, while MI Technovation Bhd followed closely, gaining 70 sen to RM6.78 on 9.79 million...

Markets

Markets In China Close Higher Led By Mixed Sectors

Editor - October 9, 2026

Chinese stocks closed higher on Friday, with the benchmark Shanghai Composite Index up 0.05 percent to 3,813.79 points. The Shenzhen Component Index closed 0.17 percent higher at 12,641.86 points. Turnover of...

Markets

Foreign Exchange Rates October 9, 2026

BusinessToday - October 9, 2026

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

Finance

Gold Gains More Than 1%, RHB Maintains Short Position

Business Today Editorial - October 9, 2026

Gold prices rebounded more than 1% on Friday as a softer US dollar and lower oil prices supported bullion, although RHB Research maintained its short position on COMEX gold...

Property

News

Infoline Tec Agrees To Two Months Extension On Proposed...

Editor - October 8, 2026

Infoline Tec Group Bhd has agreed to extend the conditional period for the proposed acquisition of factory properties referred to Lot 10 by another two months to Dec 7,...

News

Negeri Sembilan Emerging As Important Industrial Hub But Competition...

Editor - October 7, 2026

Negeri Sembilan is emerging as an increasingly important industrial and digital infrastructure hub complementing the Klang Valley, supported by major data centre investments, industrial land availability and ongoing development...

News

Property Sector Drag Amid Softer Loan Demand, Rising Overhangs

Editor - October 7, 2026

With the Budget 2027 set for unveiling this Friday, one major sector that will be closely watched will the property. Amid a slowdown as indicated in the number of...

News

Global

US Consumer Sentiment Falls To Five-Month Low

Editor - October 9, 2026

Consumer sentiment fell to a five-month low, according to a University of Michigan survey, as inflation pressures from the Iran war and tariffs continued...

Budget

ICDM: Government’s Emphasis Over Transparency In Public Spending Restores Trust

Editor - October 9, 2026

The Institute of Corporate Directors Malaysia (ICDM) has welcomed the government's emphasis on strengthening public sector governance, transparency and accountability under Budget 2027, saying...

News

Commentary By Maybank CEO On Budget 2027

Editor - October 9, 2026

Budget 2027 strikes a balance between supporting inclusive economic growth and maintaining fiscal discipline, while strengthening Malaysia’s investment appeal amid geopolitical uncertainty and cost...

News

Budget 2027 Measures Strengthens Pipeline For Future Listings

Editor - October 9, 2026

Budget 2027 measures aimed at helping Malaysian companies scale up, move into higher-value industries and expand through mergers and acquisitions could strengthen the pipeline...

Global

Netflix Plans To Cut 5% Of Workforce, Report

Editor - October 9, 2026

Netflix is planning to cut about 5 per cent of its workforce, with an announcement expected as early as next week, Puck News reported...

News

Kinergy Executive Director Datul Nazir Hussin On Garden Leave Amid Investigations

Editor - October 9, 2026

Kinergy Advancement Bhd said Executive Director Datuk Seri Nazir Hussin Akhtar Hussin has voluntarily gone on garden leave effective Oct 8 following media reports...

News

TS Wong Owns Less Than 5% Of Zetrix AI After Latest 46.88 Million Share Disposal

Editor - October 9, 2026

Zetrix AI Bhd substantial shareholder and founder Wong Thean Soon has disposed of 46.88 million shares in the company, reducing his direct stake to...

News

Genting Proposes RM1.25 Billion Rights Issue To Reduce Debt

Editor - October 9, 2026

Genting Bhd has proposed a renounceable rights issue to raise about RM1.25 billion, with a substantial portion of the proceeds earmarked for debt repayment...