Malaysia · Business
Same event, multiple sources, transparently cited.
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Saudi Aramco reports $33.4 billion Q2 net profit amid US-Iran war-driven oil price surge
Saudi Aramco's second-quarter net income rose to about $33.4 billion, up 33-44% year-over-year amid disruptions to regional oil supplies.
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Malaysian Cabinet releases Royal Commission report on Tabung Haji losses and governance failings
The Malaysian Cabinet declassified and published the Royal Commission report exposing RM10 billion losses at Tabung Haji, triggering investigations and parliamentary debate.
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TSMC reports record Q2 profit with 77% surge on strong AI chip demand and US investments
TSMC posted a 77.4% rise in Q2 net profit to US$22 billion, driven by AI chip sales and plans for more US factory investments.
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KWAP loses nearly RM200 million in fraud involving Indonesian startup eFishery
KWAP lost about RM200 million in a fraudulent investment in Indonesian startup eFishery and is pursuing legal action with other investors.
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Bank Negara Malaysia Keeps Overnight Policy Rate Steady at 2.75% in July 2026
Bank Negara Malaysia held the Overnight Policy Rate at 2.75% on July 9, maintaining the rate for the sixth straight meeting since a cut in July 2025.
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Malaysia updates on 1MDB liabilities, EV chargers, data centre power, and new air cargo hub
Malaysia revealed its 1MDB debt status, EV charging rollout, data centre power supply, and a new RM80 million air cargo project in mid-2026.
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Oil prices fall as OPEC+ raises output and Hormuz shipments increase
Oil prices dropped below US$72 per barrel after OPEC+ announced higher production and energy flows through the Strait of Hormuz improved.
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Malaysia’s economy forecast to grow 4-5% in 2026 despite energy and climate challenges
Malaysia’s economy is expected to grow between 4% and 5% in 2026 amid ongoing fiscal consolidation and climate risks.
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SK Hynix Q2 Profit Soars Sixfold on AI Demand but Falls Short of Forecasts amid Sharp Stock Decline
SK Hynix reported a Q2 operating profit of about 60.5 trillion won, a 557% rise year-on-year, driven by AI chip demand but missed analyst forecasts as shares plunged.
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Malaysian Parliament debates internet issues, BNPL debt rise, subsidy misuse, and tax policies
Parliament discussed internet disruptions, West Asia conflict impact, BNPL debt increase, cooking oil subsidy leaks, wealth tax stance, KWAP investment scrutiny, and elderly care SST exemption.
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Malaysia secures stable fuel supply amid Strait of Hormuz tensions and updates rice laws
Malaysia confirms stable fuel supply through end-2026 despite Middle East tensions and passes stricter rice market regulations.
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Amazon’s Market Value Tops $3 Trillion for First Time on August 3, 2026
Amazon.com Inc surpassed $3 trillion in market capitalization on August 3 following a strong post-earnings rally and record share prices.
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June 2026 European heatwave causes €20 billion in crop losses, hitting France and Hungary hardest
A June 2026 heatwave triggered crop losses worth €20-23 billion across Europe, severely affecting France and Hungary’s grain production.
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Spider-Man: Brand New Day breaks domestic opening weekend box office record
Spider-Man: Brand New Day earned $360 million domestically in its opening weekend, setting a new US and Canada box office record.
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SK Group Chairman Chey Tae-won Ordered to Pay Ex-Wife 944 Billion Won in Divorce Settlement
South Korean court ruled SK Group chairman Chey Tae-won must pay ex-wife Roh Soh-yeong 944 billion won in record divorce settlement.
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OPEC+ agrees to raise oil production by 188,000 barrels per day in September 2026
OPEC+ members led by Saudi Arabia and Russia agreed to increase oil production quotas by 188,000 barrels per day in September amid Middle East conflict.
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Japan’s Economy Nears Record 74-Month Postwar Growth Streak
Japan’s economy is close to surpassing 73 consecutive months of expansion since May 2020 amid household financial pressure.
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Over 9 million STR recipients eligible for mySalam protection scheme in 2026
The Malaysian government announced that 9.15 million STR recipients qualify for mySalam coverage in 2026 and is reviewing a possible extension.
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Malaysian Parliament passes Employment Insurance Bill with progressive fines for unreported job vacancies
Malaysia's Dewan Rakyat approved the Employment Insurance System Amendment Bill 2025, introducing fines up to RM5,000 for employers who fail to report job vacancies.
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Malaysia Ministry of Health website temporarily offline after cyberattack with defaced homepage
Malaysia's Ministry of Health suspended its website after a hacker group defaced the homepage, but core systems and data remain secure.
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Shell Projects 65% Rise in Global LNG Demand by 2050 Despite 2026 Strait of Hormuz Disruption
Shell forecasts global LNG demand will grow 65% by 2050 amid significant 2026 supply disruptions through the Strait of Hormuz.
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Japanese PM Takaichi appoints Ayano Sato to Bank of Japan board amid dovish shift
Prime Minister Sanae Takaichi appointed Ayano Sato to the Bank of Japan board on June 30, 2026, signaling a move toward looser monetary policy.
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German government seeks to prevent Volkswagen factory closures amid restructuring talks
The German government aims to stop Volkswagen from closing factories in Germany while the company plans possible cuts of up to 100,000 jobs.
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Johor police open investigations and distribute 24,677 postal ballots ahead of July 11 election
Johor police launched three probes into election-related reports since June 27, while the Election Commission issued over 24,000 postal ballots for the July 11 vote.