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JC3 Issues Sustainable And Transition Finance Guidance

KUALA LUMPUR, Dec 17 (Bernama) -- The Joint Committee on Climate Change (JC3), co-chaired by Bank Negara Malaysia (BNM) and the Securities Commission Malaysia (SC), has published the Sustainable and Transition Finance Guidance (STFG).

Bursa Malaysia Remains Lower At Mid-Afternoon

KUALA LUMPUR, Dec 17 (Bernama) -- Bursa Malaysia remained lower at mid-afternoon with the benchmark index decreasing by 0.48 per cent due to persistent selling activities in selected heavyweights led by financial services counters.

Continued Selling Pushes Bursa Malaysia Lower At Midday

KUALA LUMPUR, Dec 17 (Bernama) -- Continued selling activities in selected heavyweights, mainly the financial counters, have pushed Bursa Malaysia lower at midday today, despite regional peers gaining momentum.

Bursa Malaysia Opens Lower, Tracks Softer Regional Markets

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 17 (Bernama) -- Bursa Malaysia started lower on Wednesday on mild profit-taking in early trade, tracking weaker regional markets and mixed Wall Street cues, while firm domestic sentiment may lend support later in the session.

Ringgit Firms To 4.07 Against US Dollar On Improved Sentiment

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 17 (Bernama) -- The ringgit strengthened against the US dollar in early trade on Wednesday, extending its recent gains to hover around the 4.07 level, its strongest showing in nearly five years, underpinned by firmer domestic and external sentiment.

Ringgit Continues To Climb Against Greenback Ahead Of US NFP Data

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 16 (Bernama) -- The ringgit continued its upward momentum on Tuesday, closing against the greenback at the 4.08 level ahead of the release of US nonfarm payrolls (NFP) data later tonight.

BPMB Provides RM97.63 Mln Financing Facility To Johor's Coronade Properties

JOHOR BAHRU, Dec 16 (Bernama) -- Bank Pembangunan Malaysia Bhd (BPMB) today formalised a RM97.63 million Term Financing-i facility with Coronade Properties Sdn Bhd (CPSB) to fund public infrastructure works for Coronation Square, an integrated mixed-use development in Johor Bahru.

Bursa Malaysia Closes Higher For Fourth Consecutive Session

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 16 (Bernama) -- Bursa Malaysia extended its positive performance, closing higher for a fourth consecutive session, supported by improving local market sentiment underpinned by a firm domestic macroeconomic backdrop.

Bursa Malaysia Stays Higher At Mid-Afternoon

KUALA LUMPUR, Dec 16 (Bernama) -- Bursa Malaysia stayed in positive territory at mid-afternoon today, supported by buying activities in selected heavyweights led by consumer products and services, and healthcare counters.

Malaysia’s Non-Life Insurance Segment Outlook Remains Stable - AM Best

KUALA LUMPUR, Dec 16 (Bernama) -- Global credit rating agency, AM Best has maintained the stable outlook on Malaysia’s non-life insurance segment, citing regulatory initiatives designed to increase insurance penetration and phased de-tariffication of motor and fire insurance.

Bursa Malaysia Turns Higher At Midday On Stronger Ringgit

KUALA LUMPUR, Dec 16 (Bernama) -- Bursa Malaysia pared earlier losses to end the morning session higher, outperforming regional peers on the back of a stronger ringgit.

Ringgit Opens Stronger At 4.08 Against The Greenback, Highest In Nearly Five Years

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 16 (Bernama) -- The ringgit surged to the 4.08 level against the US dollar at Tuesday’s opening, marking its strongest performance in nearly five years, as improved confidence in the Malaysian economy boosted demand for the local currency.