8m ago
By Anas Abu Hassan
KUALA LUMPUR, May 15 (Bernama) -- Bursa Malaysia retreated from yesterday's gains to close in negative territory on Thursday as broad-based profit-taking following the recent uptrend mirrored the performance of most regional markets, an analyst said.
8m ago
KUALA LUMPUR, May 15 (Bernama) -- UBS Investment Bank remains bullish on gold and expects the precious metal to continue to rally, likely until the second or third quarter of next year, amid global uncertainties.
8m ago
KUALA LUMPUR, May 14 (Bernama) -- Global credit rating agency, AM Best has maintained a stable outlook on Japan’s non-life insurance industry, supported by improved profitability in the fire insurance segment and tighter regulatory oversight aimed at driving market reforms.
8m ago
KUALA LUMPUR, May 13 (Bernama) -- The government will take into account the current economic situation when deciding on the implementation of the RON95 targeted subsidy, said Deputy Economy Minister Datuk Hanifah Hajar Taib.
8m ago
By Karina Imran
KUALA LUMPUR, May 13 (Bernama) -- The United States (US)-China agreement to temporarily reduce tariff is broadly positive for the local equity market, as it reduces the risk of a US and global recession and leads to higher net foreign inflows, said CIMB Securities Sdn Bhd.
8m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 10 (Bernama) -- The ringgit is expected to stay weaker in the near term, given the optimism that a trade deal between the United States (US) and China, and perhaps the rest of the world, would be achieved within the 90-day pause period.
8m ago
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.
8m ago
KUALA LUMPUR, May 9 (Bernama) -- AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb+” (Good), and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional) of Vietnam National Reinsurance Corporation (VINARE), with a stable outlook.
8m ago
KUALA LUMPUR, May 8 (Bernama) -- MIDF Amanah Investment Bank Bhd expects the overnight policy rate (OPR) to remain at 3 per cent for the rest of the year, as this level aligns with current assessments of economic growth and inflation.
8m ago
KUALA LUMPUR, May 8 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has reiterated its “Buy” recommendation for SD Guthrie Bhd, with expectations of improved output in the coming quarters, as the the plantation company enters the peak output season in the second half of 2025 (2H 2025).
8m ago
KUALA LUMPUR, May 7 (Bernama) -- Ingredion Incorporated reported a four per cent drop in first-quarter net sales from US$1.882 billion in 2024 to US$1.813 billion in 2025, weighed down by lower pricing, currency headwinds, and a prior divestiture. (US$1=RM4.21)
8m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, May 7 (Bernama) -- The ringgit rose against the US dollar in early trade on Wednesday, bolstered by a weaker US dollar index (DXY) and a drop in US Treasury yields, signalling persistent risk-off sentiment.