Short-term Interbank Rates End Steady On BNM Operations
KUALA LUMPUR, Nov 3 (Bernama) -- Short-term interbank rates ended steady today following Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.
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AM Best Rates Delta’s Affiliates’ Performance Assessment Excellent
KUALA LUMPUR, Nov 3 (Bernama) -- Global credit rating agency, AM Best has affirmed the performance assessment (assessment) of PA-2 (Excellent) of Delta Insurance New Zealand Limited and Delta Underwriting Private Limited, Singapore.
AM Best Affirms Excellent Ratings For South Korea’s KB Insurance
KUALA LUMPUR, Nov 3 (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 South Korea’s KB Insurance Co Ltd (KBI), with a stable outlook.
Lendlease REIT Nears Completion Of Jem Office Divestment
KUALA LUMPUR, Nov 3 (Bernama) -- Lendlease Global Commercial Trust Management Pte Ltd, the manager of Lendlease Global Commercial REIT (Lendlease REIT), announced that the condition precedent for the divestment of the Jem office component has been fulfilled, with completion expected by Nov 12.
MoneyHero Launches Credit Hero Club In Hong Kong To Boost Credit Transparency
KUALA LUMPUR, Nov 3 (Bernama) -- MoneyHero Limited (MoneyHero), a leading tech- and artificial intelligence (AI)-powered personal finance aggregation and comparison platform, has launched the Credit Hero Club in Hong Kong, powered by TransUnion.
Bursa Malaysia Opens Higher, Tracking Positive Wall Street Cue
KUALA LUMPUR, Nov 3 (Bernama) -- Bursa Malaysia opened higher on Monday, tracking Wall Street’s positive performance last week.
Ringgit Opens Near One-year High Against US Dollar Ahead Of MPC Meeting
KUALA LUMPUR, Nov 3 (Bernama) -- The ringgit opened higher against the US dollar on the first trading day of November, nearing its one-year high, with traders anticipating an unchanged overnight policy rate (OPR) at 2.75 per cent.
Takaful Industry Records RM62.54 Billion In Assets As Of Mid-2025 - MTA
KUALA LUMPUR, Nov 1 (Bernama) -- The Malaysian takaful industry recorded assets of RM62.54 billion as of mid-2025, nearly doubling from RM41.87 billion in 2020.
CIMB Treasury And Markets Research Expects BNM To Maintain OPR At 2.75 Pct In Final MPC Meeting
KUALA LUMPUR, Oct 31 (Bernama) -- CIMB Treasury & Markets Research expects Bank Negara Malaysia (BNM) to maintain the overnight policy rate (OPR) at 2.75 per cent in its final Monetary Policy Committee (MPC) meeting on Nov 6, underpinned by robust macroeconomic indicators.
Ringgit Likely To Trade On Positive Note Next Week Ahead Of BNM Policy Decision
KUALA LUMPUR, Nov 1 (Bernama) -- The ringgit is expected to maintain its positive momentum next week, with the upcoming Bank Negara Malaysia (BNM) Monetary Policy Committee’s (MPC) decision on the overnight policy rate (OPR) on Nov 6 likely to be the main highlight.
Pluxee Beats Forecasts With Strong Fiscal 2025 Results, Lifts Profit Margin Target
KUALA LUMPUR, Oct 31 (Bernama) -- Pluxee, a global player in employee benefits and engagement, posted a solid set of fiscal 2025 results, with total revenue climbing 10.6 per cent organically to 1.29 billion euros, as strong client growth and cash generation continued to underpin performance. (1 Euro = RM4.85)
AM Best: Taiwan’s Non-Life Insurance Outlook Remains Stable
KUALA LUMPUR, Oct 31 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook on Taiwan’s non-life insurance segment, noting that premium growth prospects remain robust and are supported by steady economic conditions and strong insurance demand.