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Malaysia, Japan Ink RM1.34 Bln Green Bioeconomy Deals At Expo 2025 Osaka

KUALA LUMPUR, May 15 (Bernama) -- Malaysia and Japan reached a new milestone in their green bioeconomy partnership with the signing of three strategic agreements worth RM1.34 billion on May 12 at Expo 2025 Osaka in Japan.

AM Best Sees Steady Performance In Philippine Non-Life Insurance Segment

KUALA LUMPUR, May 15 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook for the Philippine non-life insurance market, citing robust growth prospects, stabilised reinsurance capacity, and a favourable economic environment as key supporting factors.

Plexus Raises US$6 Mln To Drive Global Growth, Next-Gen Automation

KUALA LUMPUR, May 14 (Bernama) -- Plexus, the artificial intelligence (AI)-powered legal automation platform, has secured over US$6 million in new funding to accelerate global expansion and AI-led innovation. (US$1=RM4.30)

FBM KLCI Opens Marginally Higher But Turns Lower In Early Trade

By Anas Abu Hassan

KUALA LUMPUR, May 14 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) opened marginally  higher but turned easier in early trade today, taking its cue from the mixed performance on Wall Street overnight as investors weighed the United States (US) inflation data.

reNIKOLA Inks MoU With Sumitomo To Develop Bioenergy Projects In Malaysia, Indonesia

KUALA LUMPUR, May 13 (Bernama) -- Renewable energy company reNIKOLA Holdings Sdn Bhd has signed a memorandum of understanding (MoU) with Japanese trading house Sumitomo Corporation to jointly develop large-scale bioenergy projects in Malaysia and Indonesia.

BNM’s 100-bps SRR Cut Gives Room To Assess US Tariff Impact - Moody’s Analytics

KUALA LUMPUR, May 13 (Bernama) -- The 100-basis point cut in the Statutory Reserve Requirement (SRR) ratio by Bank Negara Malaysia (BNM) last Thursday is intended to give the Monetary Policy Committee some breathing room to assess the impact of the United States (US)-led tariff shock on exports, said Moody’s Analytics.

2025 Container Growth Forecast At 2.5 Pct, 'Hold' Rating On Westports - CIMB Securities

KUALA LUMPUR, May 13 (Bernama) -- CIMB Securities Sdn Bhd has maintained a 2025 growth forecast of 2.5 per cent for container throughput, underpinned by new services from shipping alliances, and potential front-loading activities during the 90-day tariff pause.

World's Top Economies US, China Agree Initial 90-day Tariff Relief After Geneva Talks

GENEVA, May 12 (Bernama-Anadolu) -- The US and China have agreed to a sweeping rollback of punitive tariffs for an initial 90-day period, signalling a rare moment of relief in their protracted trade conflict and raising hopes for longer-term economic stability, according to a joint statement released by the US on Monday.

Taiwan Dollar Rally Heightens FX Risk For Life Insurers, AM Best Warns 

KUALA LUMPUR, May 9 (Bernama) -- The Taiwan dollar’s rapid appreciation against the United States (US) dollar in recent days has raised foreign exchange (FX) risk concerns for the country’s life insurers, according to a new commentary from AM Best.

Data Centre Nexus 2025 Powers Up Malaysia's Digital Future

KUALA LUMPUR, May 8 (Bernama) -- The Malaysian Investment Development Authority (MIDA) has hosted Data Centre Nexus 2025, bringing together 400 stakeholders from across the digital ecosystem to reimagine Malaysia’s role in the global data economy.

Gold Futures End Higher Amid Ongoing US-China Tariff Tensions

By Danni Haizal Danial Donald

KUALA LUMPUR, May 6 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended higher on Tuesday amid ongoing tensions over the US-China tariffs.

ACCIM Sees Cordial Talks As Key To Fair, Balanced Malaysia-US Trade Deal

KUALA LUMPUR, May 5 (Bernama) -- The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) believes that continued cordial negotiations between the Malaysian and United States (US) governments can lead to a fair and balanced trade deal.