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By Zufazlin Baharuddin
KUALA LUMPUR, May 3 (Bernama) -- Bursa Malaysia is expected to trend higher next week, supported by continued improvements in the global economic landscape and the return of foreign buying to the local bourse.
KUALA LUMPUR, May 3 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade in line with the underlying cash market next week.
KUCHING, May 3 (Bernama) -- The Sarawak government is studying the relationship model between Scotland and the United Kingdom (UK) as a reference in devising a mechanism for distributing carbon levy revenue as well as regulations between the state and federal governments.
KUALA LUMPUR, May 2 (Bernama) -- InDrive Malaysia said it “is currently engaging with the relevant regulatory authorities to seek further clarification following a recent notice of revocation by the Land Public Transport Agency (APAD).”
KUALA LUMPUR, May 2 (Bernama) -- Bursa Malaysia opened lower on Friday, as investors returned from the holiday with slightly muted appetite, shrugging off overnight gains on Wall Street fuelled by strong earnings from Microsoft and Meta.
KUALA LUMPUR, April 30 (Bernama) -- RHB Investment Bank Bhd (IB) expects the commissioning of Telekom Malaysia Bhd’s (TM) Southeast Asia - Middle East - Western Europe 6 (SEA-ME-WE6) undersea cable by mid-2026 and its data centre (DC) expansion will positively contribute to its long-term growth.
KUALA LUMPUR, April 29 (Bernama) -- Pharmaniaga Bhd remains confident of exiting Practice Note 17 (PN17) status, supported by resilient business operations and recovery strategies that have underpinned its steady financial progress.
KUALA LUMPUR, April 29 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of "a-" (Excellent) of New Zealand’s Tower Limited (Tower), with the outlook for both credit ratings (ratings) assessed as stable.
KUALA LUMPUR, April 28 (Bernama) -- Nestlé (Malaysia) Bhd’s net profit fell to RM161.34 million in the first quarter of 2025 ended March 31, 2025 (1Q 2025), from RM195.51 million a year earlier, while revenue also declined to RM1.77 billion in from RM1.78 billion previously.
By Siti Noor Afera Abu
KUALA LUMPUR, April 28 (Bernama) -- Bursa Malaysia closed at an intra-day high today, marking its fourth consecutive session of gains, which reflected a positive carry-over from Wall Street’s strong close last Friday, amid a mixed regional market performance.
KUALA LUMPUR, April 28 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of A (Excellent) and a long-term issuer credit rating of “a” (Excellent) to The Tokio Marine and Nichido Fire Insurance Company (China) Limited (TMNCH).
KUALA LUMPUR, April 28 (Bernama) -- AM Best has upgraded the long-term issuer credit rating (Long-Term ICR) of Taiwan’s Shinkong Insurance Company Limited (Shinkong Insurance) to “a+” (Excellent) from “a” (Excellent), while affirming its financial strength rating (FSR) at A (Excellent).
