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KUALA LUMPUR, Dec 10 (Bernama) -- Bursa Malaysia remained lower at mid-afternoon as investors stayed cautious and locked in profits ahead of the United States Federal Open Market Committee’s (FOMC) policy decision on interest rates, while also mirroring the downbeat performance across regional markets.
KUALA LUMPUR, Dec 10 (Bernama) -- AM Best has affirmed PT Asuransi Tugu Pratama Indonesia Tbk (TUGU)’s financial strength rating (FSR) of A- (Excellent) and the long-term issuer credit rating (Long-Term ICR) of “a-” (Excellent), while revising the outlooks from negative to stable.
KUALA LUMPUR, Dec 10 (Bernama) -- Eco World Development Group Bhd (EcoWorld) posted a higher net profit of RM438.07 million in the financial year ended Oct 31, 2025 (FY2025) compared to RM303.54 million a year ago.
KUALA LUMPUR, Dec 10 (Bernama) -- Bursa Malaysia retreated in the morning session as investors booked profits ahead of the US Federal Reserve’s interest rate decision later today, mirroring subdued regional markets.
KUALA LUMPUR, Dec 10 (Bernama) -- Bursa Malaysia opened lower today as investors turned cautious, taking profits ahead of the United States Federal Reserve’s rate decision and following mostly weaker Wall Street performance overnight.
From Kisho Kumari Sucedaram
GENEVA, Dec 9 (Bernama) -- A weaker US dollar is expected to benefit non-US dollar-based airlines’ profitability and margins by reducing US dollar-denominated costs such as fuel, aircraft leases and maintenance, said the International Air Transport Association (IATA).
From Kisho Kumari Sucedaram
GENEVA, Dec 9 (Bernama) -- The Asia-Pacific region is expected to remain the largest contributor to global traffic growth, with lead factors projected to reach 84.4 per cent next year - an all-time high for the region.
From Kisho Kumari Sucedaram
GENEVA, Dec 9 (Bernama) -- Global airlines are expected to set a new record of a combined total net profit of US$41 billion (US$1=RM4.11) in 2026, up from US$39.5 billion this year, while the net profit margin is expected to remain unchanged from 2025 at 3.9 per cent.
KUALA LUMPUR, Dec 9 (Bernama) -- Higher dividend payouts and return on equity (ROE) improvements will be key catalysts to the banking sector going into 2026.
KUALA LUMPUR, Dec 8 (Bernama) -- Malaysia must accelerate its transition into high-value and innovation-led industries if it wants to strengthen long-term economic competitiveness, Nottingham University Business School assistant professor of business economics Dr Tan Chee Meng said today.
KUALA LUMPUR, Dec 8 (Bernama) -- Vedanta Resources Limited (VRL), a global transition metals, critical minerals, energy and technology company, posted stronger financial performance in the first half of fiscal year 2026 (H1FY26), with revenue rising eight per cent to US$9.367 billion, driven by favourable commodity prices and operational efficiencies. (US$1=RM4.10)
KUALA LUMPUR, Dec 8 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) saw an uptick in profitability of eight selected local banking groups rated by the credit rating agency in the third quarter of 2025 (3Q 2025).
