RHB IB Maintains 'neutral' Recommendation On The Automotive Sector

KUALA LUMPUR 18 April (Bernama) -- RHB Investment Bank Bhd (RHB IB) has maintained a 'neutral' recommendation for the automotive and automotive components sector.

CPO Futures Close Lower, Weighed Down By Concerns Over Rising Output

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 17 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) closed lower for the fourth consecutive day today, pressured by concerns over rising output in the coming weeks. 

Pluxee Lifts FY2025 Outlook After Strong First-half Performance

KUALA LUMPUR, April 17 (Bernama) -- Pluxee, a global player in employee benefits and engagement, reported total revenues of 635 million euros for the first half of fiscal year 2025 (H1 FY2025), marking organic growth of 10.8 per cent, in line with its full-year low double-digit growth objective. (1 Euro = RM5.00)

Lower Soybean Oil Prices, Rising Output Concerns Continue To Drag CPO Futures Lower

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 16 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) ended lower for the third straight day today, in line with lower soybean oil prices on the Chicago Board of Trade (CBOT). 

Affin Shareholders Approve All AGM Resolutions, Proposes Bonus Issue Amid Strong FY2024 Performance

KUALA LUMPUR, April 16 (Bernama) -- Shareholders of Affin Group approved all ten resolutions tabled at the bank’s 49th Annual General Meeting (AGM) today.

Bank Rakyat Declares 17 Pct Dividend For FY2024, Posts RM1.82 Bln Profit

KUALA LUMPUR, April 16 (Bernama) -- Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) has announced a dividend distribution of 17 per cent, amounting to RM486.32 million for the financial year ended Dec 31, 2024 (FY2024).

CIMB’s Visa Debit Card First In Malaysia To Offer Transport-related Benefits

KUALA LUMPUR, April 16 (Bernama) -- CIMB Bank Bhd and CIMB Islamic Bank Bhd (CIMB) have introduced Malaysia’s first transport-related debit card benefits via the CIMB Visa Debit Card.

Sustainability Report: LyondellBasell Showcases Progress In Circular Economy, Climate Action

KUALA LUMPUR, April 16 (Bernama) -- LyondellBasell, a global leader in the chemical industry, has demonstrated progress in circular and low-carbon solutions, climate action and operational excellence with the release of its 2024 Sustainability Report.

Breaking Language Barriers: AI-Media Debuts LEXI Voice At NAB Show 2025

KUALA LUMPUR, April 15 (Bernama) -- AI-Media, a global leader in artificial intelligence (AI)-driven captioning and language technology, unveiled its groundbreaking live translation solution, LEXI Voice, at the NAB Show 2025 in Las Vegas, signalling a major advancement in real-time multilingual broadcasting.

Malaysia Must Present Strong Business Narrative At US Tariff Dialogue - AmCham

KUALA LUMPUR, April 14 (Bernama) -- Malaysia’s delegation to the United States (US) regarding President Donald Trump’s reciprocal tariffs must present a strong narrative by highlighting the country’s robust business ecosystem and strategic investment opportunities, said the American Malaysian Chamber of Commerce (AmCham).

Foreign Investors Pull US$5.87 Bln From Asian Markets

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.

US Tariffs Stoke Unease Among Public, Businesses & Foreign Firms In China

BEIJING, April 13 (Bernama) -- A sense of disquiet and anxiety is certainly spreading among the Chinese public following the barrage of US retaliatory tariffs imposed on China over the past week, unsettling markets and fuelling fears of a global recession.