7m ago
KUALA LUMPUR, May 8 (Bernama) -- Public Bank Bhd sees minimal credit exposure to potential United States (US) tariff risks, estimating that less than three per cent of its total loans may be affected with asset quality expected to remain stable.
7m ago
KUALA LUMPUR, May 7 (Bernama) -- Ingredion Incorporated reported a four per cent drop in first-quarter net sales from US$1.882 billion in 2024 to US$1.813 billion in 2025, weighed down by lower pricing, currency headwinds, and a prior divestiture. (US$1=RM4.21)
7m ago
KUALA LUMPUR, April 30 (Bernama) -- RHB Investment Bank Bhd (IB) expects the commissioning of Telekom Malaysia Bhd’s (TM) Southeast Asia - Middle East - Western Europe 6 (SEA-ME-WE6) undersea cable by mid-2026 and its data centre (DC) expansion will positively contribute to its long-term growth.
8m ago
KUALA LUMPUR, April 24 (Bernama) -- Bursa Malaysia Bhd, which is scheduled to release its first quarter of 2025 (1Q 2025) financial results on April 28, is expected to record a decline in its net profit by 9.8 per cent to 20.4 per cent quarter-on-quarter (q-o-q) and 17.2 per cent to 26.9 per cent year-on-year (y-o-y) to RM55 million-RM62 million.
8m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 28 (Bernama) -- The recent announcement of Lembaga Tabung Haji’s (TH) 2024 profit distribution has brought joy to depositors, especially with Hari Raya Aidilfitri approaching.
9m ago
KUALA LUMPUR, March 27 (Bernama) -- AMMB Holdings Bhd (AmBank Group) is expected to sustain strong earnings growth quarter-on-quarter, driven by robust loan expansion and lower operating expenses following the absence of a bonus provision, Public Investment Bank Bhd (PIVB) said.
9m ago
KUALA LUMPUR, March 21 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) has maintained a stable outlook on the Malaysian banking sector in 2025 despite external pressure.
9m ago
KUALA LUMPUR, March 13 (Bernama) -- Bursa Malaysia rebounded at Thursday’s open, tracking Wall Street’s gains after days of selling.
9m ago
KUALA LUMPUR, March 11 (Bernama) -- Bursa Malaysia remained lower at midday as a widespread sell-off in small-cap stocks dragged the broader market into negative territory.
9m ago
SEPANG, March 10 (Bernama) -- Capital A Bhd will not resume dividend payments soon, as it is prioritising its restructuring efforts and debt reduction, said chief executive officer (CEO) Tan Sri Tony Fernandes.
9m ago
KUALA LUMPUR, March 5 (Bernama) -- Bursa Malaysia maintained its uptrend momentum at midday, boosted by bargain hunting in the domestic market, with continued buying activities in selected heavyweights, led by the financial services, utilities and industrial and product services sectors.
9m ago
KUALA LUMPUR, March 4 (Bernama) -- Paramount Corporation Bhd is targeting RM1.5 billion in property sales in 2025 against last year’s RM1.389 billion, supported by launches of RM1.4 billion gross development value (GDV) across eight projects.