Cloudpoint Shares Rise In Early Trade Amid Positive Outlook

KUALA LUMPUR, Nov 4 (Bernama) -- Cloudpoint Technology Bhd’s shares rose in early trade today, amid the company’s positive outlook of riding Malaysia’s digital transformation.

AM Best Rates Delta’s Affiliates’ Performance Assessment Excellent

KUALA LUMPUR, Nov 3 (Bernama) -- Global credit rating agency, AM Best has affirmed the performance assessment (assessment) of PA-2 (Excellent) of Delta Insurance New Zealand Limited and Delta Underwriting Private Limited, Singapore.

AM Best Affirms Excellent Ratings For South Korea’s KB Insurance

KUALA LUMPUR, Nov 3 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of South Korea’s KB Insurance Co Ltd (KBI), with a stable outlook.

BUDI95: Govt To Announce Further Quota Increase For E-hailing Drivers In Near Future

PETALING JAYA, Nov 3 (Bernama) -- The government will announce a further quota increase for full-time e-hailing drivers under the BUDI MADANI RON95 (BUDI95) initiative soon, said Treasury Secretary-General Datuk Johan Mahmood Merican. 

Pluxee Beats Forecasts With Strong Fiscal 2025 Results, Lifts Profit Margin Target

KUALA LUMPUR, Oct 31 (Bernama) -- Pluxee, a global player in employee benefits and engagement, posted a solid set of fiscal 2025 results, with total revenue climbing 10.6 per cent organically to 1.29 billion euros, as strong client growth and cash generation continued to underpin performance. (1 Euro = RM4.85)

AM Best: Taiwan’s Non-Life Insurance Outlook Remains Stable

KUALA LUMPUR, Oct 31 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook on Taiwan’s non-life insurance segment, noting that premium growth prospects remain robust and are supported by steady economic conditions and strong insurance demand.

AM Best Keeps China Non-Life Insurance Outlook Stable

KUALA LUMPUR, Oct 31 (Bernama) -- AM Best has maintained a stable outlook on China’s non-life insurance segment, supported by sustained premium growth driven by new energy vehicles (NEVs), health reforms and emerging product developments, alongside supportive regulatory policies and market development initiatives.

Bursa Malaysia Ends Marginally Higher AS Investors Digest Corporate Earnings

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia closed slightly higher today as investors digested corporate earnings releases and monitored regional market developments.

Rubber Market Closes Mixed Amid Optimism Over US-China Trade Relations

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 30 (Bernama) -- The Malaysian rubber market ended mixed today amid optimism over the United States-China trade relations, a dealer said.

APEC Revises 2025 Growth Outlook To 3.1 Pct Despite Global Challenges

From Nor Baizura Basri

GYEONGJU (South Korea), Oct 30 (Bernama) -- The growth in the Asia-Pacific Economic Cooperation (APEC) region has been revised upward to 3.1 per cent this year, slightly higher than the earlier forecast of three per cent, supported by resilient trade activity and robust demand for high-tech goods.

AM Best Assigns Excellent Credit Ratings To Indonesia’s Lippo General Insurance 

KUALA LUMPUR, Oct 30 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of A- (Excellent), a long-term issuer credit rating of “a-” (Excellent) and the Indonesia National Scale Rating (NSR) of aaa.ID (Exceptional) to Indonesia’s PT Lippo General Insurance Tbk (LGI).

Ringgit Extends Gains For Fifth Straight Day On Positive Sentiment

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit strengthened for the fifth straight day against the US dollar and other major currencies, supported by improved risk appetite following the successful conclusion of the ASEAN Summit, which helped boost investor confidence in Malaysia's regional stability and economic integration.