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Wednesday, 12 August 2026

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Southern Score Builders Secures RM105 Million Data Centre Subcontract in SelangorSunview Obtains Shareholders’ Approval to Dispose 22.4% Stake in Winstar Capital for RM30.1 MillionHigh Court Grants Leave for Committal Proceedings Against Former APL Industries Director Tan Bee Geok Over Consent Judgment BreachHong Kong Positions as Strategic Springboard for China-Malaysia Investment ExpansionDPS Resources Subsidiary Signs MOU for 89MW Melaka Data Centre Project with HKEX-Listed PartnerMSC’s 2QFY26 Net Profit More Than Doubles to RM34 Million on Higher Output and Surging Tin PricesVietnam Explores Second Long-Term LNG Contract to Strengthen Energy SupplyFoxconn Profit Rises 35% as AI Server Demand Powers Record MomentumSouthern Score Builders Secures RM105 Million Data Centre Subcontract in SelangorSunview Obtains Shareholders’ Approval to Dispose 22.4% Stake in Winstar Capital for RM30.1 MillionHigh Court Grants Leave for Committal Proceedings Against Former APL Industries Director Tan Bee Geok Over Consent Judgment BreachHong Kong Positions as Strategic Springboard for China-Malaysia Investment ExpansionDPS Resources Subsidiary Signs MOU for 89MW Melaka Data Centre Project with HKEX-Listed PartnerMSC’s 2QFY26 Net Profit More Than Doubles to RM34 Million on Higher Output and Surging Tin PricesVietnam Explores Second Long-Term LNG Contract to Strengthen Energy SupplyFoxconn Profit Rises 35% as AI Server Demand Powers Record Momentum

Wall Street Retreats as US-Iran Peace Optimism Fades and Technology Stocks Weaken

By Tim Clark3 min read

New York, 12 August 2026 – Wall Street closed lower on Tuesday as diminishing expectations for a US-Iran agreement renewed uncertainty over energy supplies, while declines in several large technology companies weighed on the major equity benchmarks.

The S&P 500 fell 0.32% to 7,728.20 points, while the technology-heavy Nasdaq Composite dropped 0.60% to 26,445.45. The Dow Jones Industrial Average declined 0.34% to 53,791.85.

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Author

  • Tim Clark is a Senior Geopolitical Analyst for The Ledger Asia, specializing in the intersection of international relations and market stability. With over a decade of experience, Tim provides deep-dive insights into Indo-Pacific security, global supply chain resilience, and the strategic competition between major powers.

    Previously a consultant for leading international think tanks, he focuses on how shifting diplomatic landscapes and maritime disputes impact corporate governance and trade policy. At The Ledger Asia, Tim’s analysis equips readers with the clarity needed to navigate the complex regulatory and economic environments of Southeast Asia and beyond.