17d ago
KUALA LUMPUR, Oct 10 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb” (Good) and the Philippines National Scale Rating of aa+.PH (Superior) of National Reinsurance Corporation of the Philippines (Nat Re), with a stable outlook.
17d ago
KUALA LUMPUR, Oct 10 (Bernama) -- BMI, a unit of Fitch Solutions, has maintained its Brent crude price forecast at an annual average of US$68 per barrel for 2025 and US$67 per barrel for 2026, down from US$80 per barrel in 2024.(US$1 = RM4.21).
17d ago
KUALA LUMPUR, Oct 10 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts opened softer on Friday, tracking weaker sentiment in the broader market.
17d ago
KUALA LUMPUR, Oct 10 (Bernama) -- Bursa Malaysia opened lower on Friday, paring yesterday’s gains in tandem with the weaker regional performance, as investors stayed cautious amid the ongoing United States (US) government shutdown.
17d ago
KUALA LUMPUR, Oct 10 (Bernama) -- The ringgit opened nearly unchanged against the US dollar on Friday as investors stayed on the sidelines amid mixed sentiment ahead of the tabling of Budget 2026 this afternoon.
17d ago
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 9 (Bernama) -- The ringgit closed slightly lower against the greenback on Thursday as the US Dollar Index (DXY) stayed elevated, with investors remaining cautious ahead of a speech by the US Federal Reserve (Fed) Chair amid uncertainty over the federal government shutdown in the United States.
18d ago
KUALA LUMPUR, Oct 9 (Bernama) -- Tenstorrent Inc., a US-based artificial intelligence (AI) startup, is planning to expand its presence in Malaysia by establishing offices in the country.
18d ago
KUALA LUMPUR, Oct 9 (Bernama) -- The Government of Indonesia has launched the National Productivity Master Plan (MPPN) 2025–2029, a whole-of-nation blueprint for accelerating innovation, strengthening industrial competitiveness, and raising living standards through sustained productivity gains.
18d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Oct 9 (Bernama) -- Bursa Malaysia ended the morning session higher, in line with stronger regional markets, as investors looked past concerns over the ongoing United States (US) government shutdown, an analyst said.
18d ago
By Naveen Prabu Kuppusamy
KUALA LUMPUR, Oct 9 (Bernama) -- The General Insurance Association of Malaysia (PIAM) has proposed that the government extend the Perlindungan Tenang Voucher (PTV) scheme to cover motorcycles under Budget 2026, as part of efforts to improve insurance penetration and road safety.
18d ago
KUALA LUMPUR, Oct 9 (Bernama) -- Bursa Malaysia rebounded on Thursday, snapping a two-day losing streak to open slightly higher, tracking overnight gains on Wall Street as investors digested the United States Federal Reserve’s (Fed) September meeting minutes.
18d ago
KUALA LUMPUR, Oct 9 (Bernama) -- The ringgit opened higher against the US dollar on Thursday, supported by improved local market sentiment ahead of Budget 2026, which is expected to be a key catalyst for the currency.