13d ago
BRUSSELS/FRANKFURT/PARIS, March 3 (Bernama-dpa-AFX) -- Most European markets closed sharply lower on Monday as stocks tumbled amid escalating tensions in the Middle East, following coordinated US and Israeli strikes on Iran and Tehran’s retaliatory attacks on US bases across the region, reported dpa-AFX.
13d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, March 2 (Bernama) – The global maritime industry is closely monitoring rising tensions in the Middle East, with hull insurance and cargo war risk coverage skyrocketing in response to the current situation.
14d ago
By Zufazlin Baharuddin & Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 1 (Bernama) -- The US-Iran conflict has significantly disrupted airport operations and is poised to have a material near-term impact on global aviation, with aggregate industry costs potentially exceeding US$1 billion (US$1 = RM3.89) should the situation intensify, an economist said.
15d ago
KUALA LUMPUR, March 1 (Bernama) -- Gulf national oil companies are unlikely to declare force majeure pre-emptively amid elevated geopolitical risks in the Middle East, following the reported sea traffic disruptions in the Strait of Hormuz, said SPI Asset Management managing partner Stephen Innes today.
15d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Feb 28 (Bernama) -- Malaysia’s economic outlook amid the current situation between Iran and the United States will depend largely on whether there is any physical disruption to crude shipments through the Strait of Hormuz, said SPI Asset Management managing partner Stephen Innes.
16d ago
KUALA LUMPUR, Feb 28 (Bernama) -- The Employees Provident Fund (EPF) has announced a dividend rate of 6.15 per cent for 2025 (2024: 6.3 per cent) for both the conventional and shariah savings accounts, with a total payout of RM79.6 billion.
16d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Feb 27 (Bernama) -- Bursa Malaysia ended lower on Friday as investors locked in gains following a recent rally.
16d ago
KUALA LUMPUR, Feb 27 (Bernama) -- Credit to the Malaysia’s private non-financial sector grew by 5.5 per cent in January 2026 against 5.4 per cent in December 2025, reflecting a higher growth in outstanding corporate bonds of 7.6 per cent versus the prior month’s 6.9 per cent, according to Bank Negara Malaysia (BNM).
17d ago
KUALA LUMPUR, Feb 26 (Bernama) -- Genting Bhd posted a net loss of RM11.56 million in the financial year ended Dec 31, 2025 (FY2025) compared to a net profit of RM882.95 million in the previous financial year.
18d ago
KUALA LUMPUR, Feb 25 (Bernama) -- Capital A Bhd reported a net profit of RM13.03 billion for the financial year ended Dec 31, 2025 (FY2025), from a net loss of RM501.24 million in the previous year, reflecting the disposal of its aviation business, with segmental reporting distinguishing between continuing operations and discontinued operations.
18d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Feb 25 (Bernama) -- Bursa Malaysia closed lower on Wednesday on profit-taking activity, extending its loss for the second straight session.
19d ago
KUALA LUMPUR, Feb 24 (Bernama) -- The Securities Commission Malaysia (SC) is finalising the framework to clarify the scope and licensing requirements for cash trust schemes investing in capital market products, said the Finance Ministry of Finance Malaysia (MoF).