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Late Selling Pressure Drags Bursa Malaysia Into The Red

KUALA LUMPUR, June 10 (Bernama) -- Bursa Malaysia closed marginally lower on Tuesday, with the benchmark index slipping 0.16 per cent, reversing earlier gains as mild selling pressure emerged in the final hour of trading.

Public Mutual Declares Distributions Of Over RM20 Mln For Three Funds

KUALA LUMPUR, June 5 (Bernama) -- Public Mutual, a wholly-owned subsidiary of Public Bank Bhd, has declared distributions totalling more than RM20 million for three funds for the financial year ended May 31, 2025.

Allianz Life, HSBC Launch EliteDiamond To Address Legacy Planning Needs

KUALA LUMPUR, June 4 (Bernama) -- Allianz Life Insurance Malaysia Bhd and HSBC Bank Malaysia Bhd have expanded their partnership with the launch of HSBC’s EliteDiamond, an investment-linked plan targeting the rising demand for legacy planning among high-net-worth individuals.

Petronas Ramps Up LNG Projects To Secure Long-Term Supply For China

From Kisho Kumari Sucedaram

BEIJING, June 2 (Bernama) -- Petroliam Nasional Bhd (Petronas) is accelerating efforts to strengthen its position as a reliable long-term liquefied natural gas (LNG) partner to China by expanding domestic gas development and its global production portfolio, aimed at ensuring consistent and sustainable energy supply for one of the world’s largest LNG importers.

Maritime Chain Crucial To ASEAN-GCC-China Economic Ties

By Harizah Hanim Mohamed

KUALA LUMPUR, May 25 (Bernama) – A maritime value chain that facilitates shipping connectivity and secures sea lanes, along with the ability to counter disruptions, is vital for ASEAN, the Gulf Cooperation Council (GCC) countries and China in their quest to consolidate tripartite economic cooperation and integration.

TNB Returns Nearly RM3 Billion To Malaysians Through Responsible Growth

KUALA LUMPUR, May 22 (Bernama) -- Tenaga Nasional Berhad (TNB) announced its highest dividend in four years at 51 sen per share, totalling over RM2.96 billion, while reaffirming its commitment to creating long-term value through sound financial management, operational strength, and community investments that benefit both shareholders and the nation.

EPF: External Fund Managers Contribute 24 Pct To 2024 Income

KUALA LUMPUR, May 22 (Bernama) -- The Employees Provident Fund’s (EPF) panel of external fund managers contributed a record 24 per cent to the retirement fund’s total income in 2024.

RTD Retiree Gets Life-Changing Windfall As 111th BSN SSP Millionaire

SEREMBAN, May 20 (Bernama) -- A retired civil servant was left stunned after winning RM1 million through Bank Simpanan Nasional’s Premium Savings Certificate (BSN SSP) Jutawan programme, a life-changing windfall she never saw coming.

Pei-Si Lai To Take On Role Of GXS Bank Group CEO

KUALA LUMPUR, May 14 (Bernama) -- GXBank, the digital bank subsidiary of GXS Bank in Malaysia, announced that its current chief executive officer (CEO) Pei-Si Lai will assume the role of GXS Bank group CEO effective June 1, 2025.

Japan's Marubeni Corp Backs Local MRO's Ambition, Sees Big Aviation Opprtunities In Malaysia

SHAH ALAM, May 8 (Bernama) -- Japan’s Marubeni Corporation sees Malaysia’s location at the centre of Southeast Asia as ideal for developing the region’s aviation industry.

Nike Revamps Leadership Team, Promotes Key Executives As O'Neill Retires

KUALA LUMPUR, May 6 (Bernama) -- NIKE Inc (Nike) has unveiled a strategic reorganisation of its Senior Leadership Team (SLT) to fast-track progress on the company’s "Win Now" action plan and position it for long-term growth.

Warren Buffett Announces Retirement As Berkshire CEO By Year's End

ISTANBUL, May 4 (Bernama-Anadolu) -- Warren Buffett, the 94-year-old CEO of Berkshire Hathaway, an American multinational conglomerate holding company, announced plans to retire at the company's 2025 annual shareholders meeting on Saturday, capping a 55-year tenure, Anadolu Ajansi (AA) reported.