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Gold Futures To Trade Between US$4,400 And US$4,500 Next Week

KUALA LUMPUR, June 6 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade within the US$4,400 per troy ounce to US$4,500 per troy ounce range next week, supported by safe-haven demand amid uncertainty over the United States interest rate outlook.

Sabah To Seek State Cabinet Backing For OGSE 5-year Roadmap - Ewon

KOTA KINABALU, June 5 (Bernama) -- The Sabah Ministry of Industrial Development, Entrepreneurship and Transport (MINDET) will bring the Sabah Oil & Gas Services and Equipment (OGSE) 5-Year Roadmap to the state Cabinet for endorsement.

Elsa IPO Oversubscribed 27 Times Ahead Of ACE Market Listing

SEREMBAN, June 5 (Bernama) -- The High Court here today granted ad interim injunctions against six plaintiffs in an ongoing dispute involving the Negeri Sembilan Dewan Keadilan dan Undang (DKU), restraining them from, among other actions, convening or holding any DKU meeting, including the Special Sitting that had been scheduled for today.

Khazanah, GLICs Should Continue To Identify Companies Like SkyeChip For Malaysia's Next Leap

By M.Saraswathi

KUALA LUMPUR, June 5 (Bernama) -- Khazanah Nasional Bhd and other government-linked investment companies (GLICs) should continue to identify and nurture more high-potential companies like SkyeChip Bhd to strengthen Malaysia’s position in high-growth technology sectors, particularly semiconductors, artificial intelligence (AI) infrastructure, advanced electronics and digital technologies.

UEM Sunrise Poised For Stronger Earnings With 2026 Launches, Solid Unbilled Sales – HLIB

KUALA LUMPUR, June 5 (Bernama) -- UEM Sunrise Bhd is poised for stronger earnings momentum ahead, supported by new project launches and solid unbilled sales, according to Hong Leong Investment Bank Bhd (HLIB).

Malaysia Airports Allocates RM11 Bln Capex For Infrastructure Expansion Over Five Years

PUTRAJAYA, June 4 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) will allocate about RM11 billion in capital expenditure (capex) over the next five years to support airport infrastructure expansion and modernisation across its network nationwide.

Gold Futures Close Higher On Safe-haven Demand

KUALA LUMPUR, June 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives rose today, mirroring gains on the US COMEX market, as investors sought safe-haven assets amid ongoing global economic and geopolitical uncertainties.

Asia Vision Capital Observes Demographic And Healthcare Shifts Shaping Senior Living

KUALA LUMPUR, June 4 (Bernama) -- Malaysia’s demographic shift towards an ageing society is accelerating faster than previously anticipated.

Blackstone Closes Largest Asia Private Equity Fund At US$13.1 Bln

KUALA LUMPUR, June 3 (Bernama) -- Blackstone, an alternative asset manager, has announced the final close of Blackstone Capital Partners Asia III (BCP Asia III) at US$13.1 billion, exceeding its US$10 billion target and marking the firm's largest private equity fundraise in Asia. (US$1=RM3.96)

Japan Life Insurers’ Reinsurance Use More Than Doubled Since 2020 - AM Best

KUALA LUMPUR, June 3 (Bernama) -- Japan’s life insurers have increasingly relied on reinsurance in recent years, with the overall cession rate as a percentage of total gross premium written for the segment rising to more than 24 per cent in 2023 and 2024 from just under 10 per cent in 2020, according to a new AM Best report.

Fortegra Joins DB Insurance To Expand Global Market Presence

KUALA LUMPUR, June 3 (Bernama) -- The Fortegra Group Inc (Fortegra), a global speciality insurance company, has completed its acquisition by South Korea's DB Insurance Co Ltd (DB), a leading property and casualty insurer.

Allianz Malaysia Unveils Life Planner Digital Calculator To Simplify Financial Planning

KUALA LUMPUR, June 3 (Bernama) -- Allianz Malaysia Bhd has launched the Life Planner calculator on the MyAllianz platform, which is designed to help better understand financial readiness and protection needs in a simple and structured way.