FBM KLCI Stays Lower At Midday, Broader Market's Momentum Positive

KUALA LUMPUR, March 6 (Bernama) -- Bursa Malaysia’s benchmark index stayed in negative territory at midday due to persistent selling activities in selected heavyweights, led by the financial services sector. 

Thailand’s Non-life Insurance Market Rebounds With Strong Profits In 2023, Says AM Best

KUALA LUMPUR, March 3 (Bernama) -- Thailand’s non-life insurance market made a strong recovery in 2023, posting an underwriting gain of 13.0 billion Thai baht following a net underwriting loss of 50.7 billion Thai baht in 2022, according to a new AM Best report. (100 Thai baht = RM13.02)

Bursa Malaysia Opens Lower, Tracking Wall Street Slump

KUALA LUMPUR, Feb 28 (Bernama) -- Bursa Malaysia opened lower on Friday, tracking Wall Street's decline following the United States (US) President Donald Trump threatened new import tariffs, said an analyst. 

In-depth Study To Be Conducted To Consider Feasibility Of Detailed Reporting Of Insurance Policy Profit And Loss

KUALA LUMPUR, Feb 26 (Bernama) -- A more in-depth study will be conducted to consider the feasibility of detailed reporting on the profit and loss of each medical insurance policy, said Deputy Finance Minister Lim Hui Ying.

Bursa Malaysia Lower At Midday Amid Mixed Regional Performance

KUALA LUMPUR, Feb 24 (Bernama) -- Bursa Malaysia ended the morning session lower, weighed down by persistent selling amid mixed performance from regional peers, tracking the selloff in Wall Street. 

LPI Capital Shares Flat In Early Trade Despite Robust FY2024 Performance

KUALA LUMPUR, Feb 17 (Bernama) -- LPI Capital Bhd’s shares on Bursa Malaysia were flat in early trade today despite recording robust performance for its financial year ended Dec 31, 2024 (FY2024).

EPF Denies Claims Regarding MAHB Investment

KUALA LUMPUR, Feb 12 (Bernama) -- The Employees Provident Fund (EPF) has refuted allegations of misconduct or regulatory breaches in the buying and selling of Malaysia Airports Holdings Bhd’s (MAHB) shares and the purported losses incurred from the transaction.

IHH Healthcare Shares Rise After Seeking Compensation From Daiichi Sankyo Over Fortis Deal

KUALA LUMPUR, Feb 7 (Bernama) -- IHH Healthcare Bhd’s share price on Bursa Malaysia edged higher in early trading after its unit Northern TK Venture Pte Ltd (NTK) sought compensation from Japan’s Daiichi Sankyo Company Ltd for its stake acquisition in India’s Fortis Healthcare.

Malaysia Committed To Export Controls, Denies AI Chip Smuggling Claims To China

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 7 (Bernama) – The Malaysian government takes seriously the allegation that the country is being used as a transit point for smuggling Nvidia artificial intelligence (AI) chips to China and is committed to complying with multilateral international export control regulations.

Bursa Malaysia Ends In Red At Midday, Mirroring Global Market Weakness

KUALA LUMPUR, Feb 3 (Bernama) -- Bursa Malaysia finished the morning session easier today, mirroring the global market performance following last Friday’s sell-off on Wall Street and the ongoing negative sentiment affecting United States (US) stock futures due to President Donald Trump’s tariff plans.

Maybank Offers Financial Relief For Flood Victims In Sarawak, Sabah

KUALA LUMPUR, Jan 31 (Bernama) -- Maybank has reiterated its commitment to assist individuals and small and medium enterprise (SME) customers affected by the recent heavy rainfall and floods in Sarawak and Sabah through its Flood Relief Assistance programme. 

Banks Extend Assistance To Flood-affected Customers In Sabah, Sarawak

KUALA LUMPUR, Jan 31 (Bernama) -- Various banks, including Public Bank Bhd, Hong Leong Bank Bhd, Standard Chartered Bank Malaysia Bhd and OCBC Bank (M) Bhd, have come forward to offer assistance to their loan and financing customers who are affected by the floods in Sabah and Sarawak.