19d ago
By Karina Imran
KUALA LUMPUR, Jan 28 (Bernama) -- Bursa Malaysia snapped its five-day winning streak to close lower on Wednesday, as investors took profit following a cumulative gain of 4.25 per cent over the past five sessions, said an analyst.
20d ago
KUALA LUMPUR, Jan 28 (Bernama) -- Coventry, the leader and creator of the secondary market for life insurance, has completed its third asset-backed securitisation since April 2025 under its LILY programme.
20d ago
By Siti Noor Afera Abu & Fatin Umairah Abd Hamid
KUALA LUMPUR, Jan 28 (Bernama) -- The East Coast Economic Region Development Council (ECERDC) is now entering a more focused phase of targeted development, with the rollout of the East Coast Development Plan (EDP) 2026-2030, after surpassing its investment and job creation targets under the East Coast Economic Region Master Plan (EMP 2.0).
20d ago
By Karina Imran
KUALA LUMPUR, Jan 28 (Bernama) -- Bursa Malaysia continued its downtrend at midday as profit-taking activities continued in selected blue-chip counters, led by the financial services stocks.
20d ago
By Karina Imran
KUALA LUMPUR, Jan 28 (Bernama) -- Bursa Malaysia retreated from recent gains to open lower on Wednesday, as investors took profit after the market scaled fresh highs and assessed mixed performances on Wall Street, an analyst said.
20d ago
By Karina Imran
KUALA LUMPUR, Jan 28 (Bernama) -- Malaysia’s economic growth outlook continues to be supported by solid fundamentals. Our economy is highly diversified and our domestic demand is resilient, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.
20d ago
KUALA LUMPUR, Jan 27 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) said its outstanding short-term sukuk portfolio has reached a new record high of US$6.65 billion.
20d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 27 (Bernama) -- The ringgit ended at another fresh high in more than seven years against the US dollar today, reaching the 3.95 level, with an economist setting a new support level for the local currency at RM3.8722.
20d ago
By Nurunnasihah Ahmad Rashid and Abdul Hamid A Rahman
KUALA LUMPUR, Jan 27 (Bernama) -- Malaysia’s equity market surged to its strongest level since 2018 on Tuesday, as renewed investor confidence, underpinned by a firmer ringgit and shifting global capital dynamics, prompted a reassessment of the country’s risk profile, say economists.
20d ago
KUALA LUMPUR, Jan 27 (Bernama) -- Clearwater Analytics has introduced embedded agentic artificial intelligence (AI) capabilities within Beacon by CWAN, its enterprise risk and quantitative analytics platform, enabling institutional risk teams to accelerate model validation, exposure analysis, and decision-making.
20d ago
KUALA LUMPUR, Jan 27 (Bernama) -- Teamstar Bhd aims to raise RM34.32 million from its initial public offering (IPO) ahead of its ACE Market listing on Feb 25, 2026.
20d ago
KUALA LUMPUR, Jan 27 (Bernama) -- Malaysia's initial public offering (IPO) market topped Southeast Asia by volume, with 59 IPOs raising US$1.4 billion (2024: 55 IPOs raising US$1.6 billion), mainly through the ACE Market (US$1 = RM3.96).