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Rubber Market Ends Lower On Weaker Regional Futures Market

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, May 20 (Bernama) -- The Malaysian rubber market ended lower today, weighed down by weaker cues from regional rubber futures markets, a dealer said.

Petronas Chemicals Reports 1Q 2025 Net Loss Of RM18 Mln Despite Higher Revenue

KUALA LUMPUR, May 20 (Bernama) -- Petronas Chemicals Group Bhd (PCG) reported a net loss of RM18 million in the first quarter ended March 31, 2025 (1Q 2025) due to unrealised foreign exchange losses, unfavourable net foreign exchange impact from the specialities segment, among others, despite recording a higher revenue of RM7.66 billion.

Bursa Malaysia Confirms Unauthorised Trades Resolved, Investors Will Not Incur Losses 

KUALA LUMPUR, May 19 (Bernama) -- Bursa Malaysia Bhd has confirmed that the issue involving unauthorised trades detected on April 24, 2025, has been resolved. Affected investors have been assured they will not suffer any losses from the incident.

Rubber Market Ends Higher On Regional Futures Uptrend

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, May 19 (Bernama) -- The Malaysian rubber market ended higher today, in tandem with the uptrend in regional rubber futures markets and a weaker ringgit against the dollar, a dealer said.

AM Best Affirms Excellent Ratings For China’s Ping An P&C

KUALA LUMPUR, May 19 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a+” (Excellent) of Ping An Property & Casualty Insurance Company of China Ltd (Ping An P&C), with a stable outlook for both ratings.

Gold Futures Climb On Demand For Safe-haven Assets

KUALA LUMPUR, May 16 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher today as investors turned to safe-haven assets despite losses on the US COMEX, an analyst said.

Rubber Market Ends Lower On Weaker Regional Cues, Crude Prices

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, May 16 (Bernama) -- The Malaysian rubber market ended lower on Friday, tracking weaker cues from regional rubber futures markets and benchmark crude oil prices, a dealer said.

Asuransi Tokio Marine Indonesia’s Credit Ratings Affirmed By AM Best

KUALA LUMPUR, May 16 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of PT Asuransi Tokio Marine Indonesia (TMI).

Gold Futures Close Lower, In Sync With US COMEX Trend

KUALA LUMPUR, May 15 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower today, in line with losses on US COMEX.

Rubber Market Ends Lower After Four-day Rally On Weaker Oil Prices, Stronger Ringgit

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, May 15 (Bernama) -- The Malaysian rubber market snapped a four-day winning streak to close lower on Thursday, weighed down by losses in regional rubber futures markets, a sharp drop in crude oil prices, and the continued strengthening of the ringgit against the US dollar, said a dealer.

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.

Gold Futures Close Lower In Sync With US Comex Trend

KUALA LUMPUR, May 14 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower today in tandem with the losses in US COMEX, said an analyst.