KUALA LUMPUR, June 3 (Bernama) -- Global credit rating agency, AM Best has withdrawn the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) of Hong Kong’s Tugu Insurance Company Limited (TIC).
KUALA LUMPUR, June 3 (Bernama) -- Local institutions continued their two-week buying streak on Bursa Malaysia with net inflows amounting to RM876.5 million, bringing their year-to-date net buying to RM8.78 billion.
KUALA LUMPUR, May 22 (Bernama) -- Bursa Malaysia had rejected Barakah Offshore Petroleum Bhd's application for a further extension of time to submit its regularisation plan.
KUALA LUMPUR, May 14 (Bernama) -- Gradiant, a global leader in advanced water and wastewater solutions, has been awarded two new contracts by leading technology companies to design and deploy sustainable water solutions at new data centres in the United States and Indo-Pacific.
KUALA LUMPUR, May 13 (Bernama) -- The 100-basis point cut in the Statutory Reserve Requirement (SRR) ratio by Bank Negara Malaysia (BNM) last Thursday is intended to give the Monetary Policy Committee some breathing room to assess the impact of the United States (US)-led tariff shock on exports, said Moody’s Analytics.
KUALA LUMPUR, May 8 (Bernama) -- Following is the transcript of Bernama’s email interview with Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour on the Overnight Policy Rate (OPR) and Statutory Reserve Requirement (SRR).
KUALA LUMPUR, April 30 (Bernama) -- United States (US) oil major ConocoPhillips has confirmed its exit from operating the Salam-Patawali deepwater oil and gas field, also known as Block WL4-00, off Sarawak’s coast.
By Siti Radziah Hamzah
KUALA LUMPUR, April 30 (Bernama) -- United States (US) oil major ConocoPhillips has confirmed its exit from operating the Salam-Patawali deepwater oil and gas field, also known as Block WL4-00, off Sarawak’s coast.
KUALA LUMPUR, April 14 (Bernama) -- Foreign investors continued their net selling in Asian markets for the second consecutive week, with total outflows amounting to US$5.87 billion (US$1 = RM4.41), led by heavy sell-offs in South Korea and India.
KUALA LUMPUR, April 9 (Bernama) -- Cuckoo International (MAL) Bhd (Cuckoo Malaysia) is rescheduling the timing of its initial public offering (IPO) on the Main Market of Bursa Malaysia Securities Bhd due to the current global market volatility.
KUALA LUMPUR, April 7 (Bernama) -- Foreign investors returned to net sellers last week across eight Asian markets, reversing their single-week buying streak, recording a heavy net outflow of US$7.12 billion (RM31.68 billion, US$1 = RM4.45), with South Korea and India experiencing the heaviest selling pressure.
KUALA LUMPUR, April 2 (Bernama) -- Foreign investors returned to the Asian market with a modest net inflow of US$93.8 million last week, after a four-week selling streak with only India and Indonesia registering net foreign inflows.
