Bursa Malaysia Extends Losses Amid Heightened Geopolitical Tensions

By Danni Haizal Danial Donald

KUALA LUMPUR, May 28 (Bernama) -- Bursa Malaysia closed lower on Thursday, extending its losses for a third consecutive day, as investor sentiment turned increasingly risk-averse amid escalating geopolitical tensions.

CIMB In Strategic Partnership With China Merchants Bank To Expand Cross-border Banking Solutions

KUALA LUMPUR, May 28 (Bernama) -- CIMB Bank Bhd and China Merchants Bank Co Ltd have established a strategic partnership to offer cross-border solutions and support the expansion of end-to-end banking services across China, Malaysia, and ASEAN.

Rising Credit Commitments Highlight Need For Stronger Financial Awareness Among Middle-income Earners

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, May 27 (Bernama) -- Financial commitments linked to credit cards, Buy Now Pay Later (BNPL) facilities and personal financing are becoming increasingly common among middle-income borrowers, highlighting the need for stronger financial literacy and responsible borrowing practices, according to financial consultancy Bluebricks Holding Sdn Bhd. 

Hong Leong Bank Records Higher Net Profit Of RM1.03 Bln In 3Q

KUALA LUMPUR, May 26 (Bernama) -- Hong Leong Bank Bhd posted a higher net profit of RM1.03 billion in the third quarter ended March 31, 2026 (3Q 2026) from RM946.70 million in 3Q 2025. 

CIMB Group Net Profit Falls 2.9 Pct To RM1.91 Bln In 1Q 2026

KUALA LUMPUR, May 26 (Bernama) -- CIMB Group Holdings Bhd’s net profit for the first quarter ended March 31, 2026 (1Q 2026) fell 2.9 per cent to RM1.91 billion from RM1.97 billion in the same period a year ago.

Bank Indonesia sees MSMEs Supported Despite Higher Bi-rate

JAKARTA, May 25 (Bernama) -- Bank Indonesia (BI) said its liquidity support measures and government incentives for micro, small and medium enterprises (MSMEs) would help cushion the impact of higher borrowing costs following the recent increase in the benchmark BI-Rate.

Banks In Malaysia, APAC Economies Less Impacted By Higher Energy Prices - Moody's Ratings

KUALA LUMPUR, May 25 (Bernama) -- Banks in Malaysia and some Asia-Pacific (APAC) economies will be less impacted by higher energy prices, according to Moody’s Ratings.

BNM's International Reserves At US$129.5 Bln As At May 15, 2026

KUALA LUMPUR, May 22 (Bernama) -- Bank Negara Malaysia's (BNM) international reserves stood at US$129.5 billion as at May 15, 2026.

Malaysia Business To Remain Resilient Amid Global Economic Uncertainties - NCCIM

KUALA LUMPUR, May 22 (Bernama) -- The National Chamber of Commerce and Industry of Malaysia (NCCIM) expects Malaysian businesses to remain resilient despite mounting global economic uncertainties.

TNB: Energy No Longer Just Powers Homes But Also AI, Data Centres

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 21 (Bernama) -- Energy is no longer just about powering homes but has become a critical driver of the growing artificial intelligence (AI) ecosystem and the rapid expansion of computing, data centres, advanced manufacturing and electric mobility.

UDA Launches Sustainability-Driven Residensi Mutiara

JOHOR BAHRU, May 20 (Bernama) -- Property and asset management company UDA Holdings Bhd has launched its latest housing project, Residensi Mutiara, which incorporates sustainable development features.

Lendlease REIT Completes Full Acquisition Of PLQ Mall, Posts Positive Rental Reversion

KUALA LUMPUR, May 19 (Bernama) -- Lendlease Global Commercial REIT (Lendlease REIT) completed the acquisition of the remaining 30 per cent interest in PLQ Mall on March 26, 2026, achieving full ownership of the Singapore retail asset as it undertakes enhancement works aimed at improving space utilisation and rental income.