Nestle Malaysia's Net Profit Falls To RM415.62 Mln In FY2024

KUALA LUMPUR, Feb 25 (Bernama) -- Nestle (Malaysia) Bhd’s net profit slipped to RM415.62 million in the financial year ended Dec 31, 2024 (FY2024) against RM659.87 million in FY2023.

Bursa Malaysia Ends Lower In Sync With Regional Market

By Karina Imran

KUALA LUMPUR, Feb 25 (Bernama) -- Bursa Malaysia extended its losses for a second straight day today, in tandem with the weak regional market performance following negative cues from global equities, said an analyst.

AM Best Affirms Himalayan Reinsurance Credit Ratings With Stable Outlook

KUALA LUMPUR, Feb 24 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) of Nepal’s Himalayan Reinsurance Limited (Himalayan Re), maintaining a stable outlook.

Net Purchases In Domestic Equities By Local Institutions Rise To RM194.2 Mln - MIDF

KUALA LUMPUR, Feb 24 (Bernama) -- Local institutions continued to support Bursa Malaysia with net purchases totalling RM194.2 million in domestic equities last week, compared with net purchases of RM77.9 million in the week ended Feb 14.

Bursa Malaysia Opens Lower, Tracking Wall Street's Slump

KUALA LUMPUR, Feb 24 (Bernama) -- Bursa Malaysia trended lower in early trading, tracking Wall Street’s decline as traders weighed on the latest batch of data suggesting the United States (US) economic growth was weakening, said an analyst. 

Bursa Malaysia Ends Lower On Cautious Sentiment Ahead Of US FOMC Meeting Minutes

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 19 (Bernama) -- Bursa Malaysia pulled back from yesterday’s modest gains to close slightly lower on Wednesday, with weakness observed in more than half of the key index components, as investor sentiment remained uncertain ahead of the release of the US Federal Open Market Committee (FOMC) meeting minutes later tonight.

Singapore PM Tables National Budget, Focusing On Next Phase Of Growth

SINGAPORE, Feb 18 (Bernama) -- Singapore’s Prime Minister and Finance Minister, Lawrence Wong, has presented the republic’s financial year 2025 Budget Statement today, aimed at advancing the Forward Singapore agenda.

Consortium's MAHB Voluntary Offer Is New Long-Term Investment For EPF- MOF

KUALA LUMPUR, Feb 18 (Bernama) -- Allegations that the Employees Provident Fund (EPF) suffered losses from the sale of Malaysia Airports Holdings Bhd (MAHB) shares are unfounded, according to the Ministry of Finance (MoF).

Bursa Malaysia's Key Index Ends Lower On Selling By Foreign Funds

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 17 (Bernama) -- Bursa Malaysia’s main index finished lower today as selling by foreign funds persisted, amid the better performance in most regional markets. 

Local Institutions Boost Bursa Malaysia For 17th Consecutive Week - MIDF

KUALA LUMPUR, Feb 17 (Bernama) -- Local institutions continued to support Bursa Malaysia for the 17th consecutive week, with net purchases totalling RM77.9 million in domestic equities last week, according to MIDF Amanah Investment Bank Bhd.

Ringgit Opens Higher Against US Dollar, ASEAN Currencies Ahead Of GDP Data Release

By Engku Shariful Azni, Fatin Umairah Abdul Hamid & Karina Imran

KUALA LUMPUR, Feb 14 (Bernama) -- The ringgit continues to strengthen against the US dollar and ASEAN currencies ahead of Malaysia’s 2024 gross domestic product (GDP) data release today, said an analyst.

Local Institutions Boost Bursa Malaysia For 16th Consecutive Week - MIDF

KUALA LUMPUR, Feb 10 (Bernama) -- Local institutions continued to support Bursa Malaysia for the 16th consecutive week, with net purchases totalling RM194.2 million in domestic equities, according to MIDF Amanah Investment Bank Bhd (MIDF).