CIMB In Strategic Partnership With China Merchants Bank To Expand Cross-border Banking Solutions

KUALA LUMPUR, May 28 (Bernama) -- CIMB Bank Bhd and China Merchants Bank Co Ltd have established a strategic partnership to offer cross-border solutions and support the expansion of end-to-end banking services across China, Malaysia, and ASEAN.

AIFA Files Form 8-K With Additional Details On Planned HyalRoute Acquisition

KUALA LUMPUR, May 28 (Bernama) -- All In FutureTech Alliance Inc (AIFA) announced it has filed a Current Report on Form 8-K with the United States Securities and Exchange Commission providing supplemental information on its previously announced plan to acquire HyalRoute Fiber Optic Group (HyalRoute) at US$10.00 per share. (US$1 = RM3.96)

Bursa Malaysia Lower At Midday Amid Weaker Regional Market Performance

KUALA LUMPUR, May 28 (Bernama) -- Bursa Malaysia eased at midday today, tracking weaker regional performance as investors remained cautious over potential de-escalation in West Asia.

Bursa Malaysia Opens Higher But Slips Thereafter

By Danni Haizal Danial Donald

KUALA LUMPUR, May 28 (Bernama) -- Bursa Malaysia opened higher on Thursday but fell thereafter, tracking softer regional markets as early profit-taking activity capped gains.

Rising Credit Commitments Highlight Need For Stronger Financial Awareness Among Middle-income Earners

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, May 27 (Bernama) -- Financial commitments linked to credit cards, Buy Now Pay Later (BNPL) facilities and personal financing are becoming increasingly common among middle-income borrowers, highlighting the need for stronger financial literacy and responsible borrowing practices, according to financial consultancy Bluebricks Holding Sdn Bhd. 

Gold Futures Ease At Close As Investors Reassess West Asia Risks, Inflation Concerns

KUALA LUMPUR, May 26 (Bernama) -- Gold futures on Bursa Malaysia Derivatives declined at the close following recent gains, as investors reevaluate geopolitical risks and inflation concerns related to renewed tensions in West Asia.

Hong Leong Bank Records Higher Net Profit Of RM1.03 Bln In 3Q

KUALA LUMPUR, May 26 (Bernama) -- Hong Leong Bank Bhd posted a higher net profit of RM1.03 billion in the third quarter ended March 31, 2026 (3Q 2026) from RM946.70 million in 3Q 2025. 

Bursa Malaysia Closes Lower Ahead Of Holiday Period

By Danni Haizal Danial Donald

KUALA LUMPUR, May 26 (Bernama) -- Bursa Malaysia closed lower on Tuesday, as investors squared off positions ahead of the long holiday period amid heightened tensions between the United States and Iran.

Leakage Of Subsidised Fuel Due To Smuggling Threatens National Fiscal Position - Economist

ALOR SETAR, May 26 (Bernama) -- Leakage of subsidised fuel due to smuggling activities continues to pose a major threat to the country’s fiscal position, with the government estimated to be losing billions of ringgit annually following the misuse of subsidised diesel intended for local consumers, according to an economist.

Bursa Malaysia Lower At Midday On Selling Activities

KUALA LUMPUR, May 26 (Bernama) -- Bursa Malaysia stayed lower at midday, weighed down by persistent selling activities in selected heavyweights, led by utilities, telecommunications and media, as well as consumer products and services sectors. 

ITMAX Shares Up On Strong 1Q Performance

KUALA LUMPUR, May 26 (Bernama) -- ITMAX System Bhd’s (ITMAX) shares rose at early trade today after the company reported stronger earnings in the first quarter ended March 31, 2026 (1Q 2026).

AGC Biologics To Support Teikoku Seiyaku Lumbar Disc Herniation Therapy Development

KUALA LUMPUR, May 26 (Bernama) -- AGC Biologics has been selected by Teikoku Seiyaku Co Ltd to provide microbial contract development and manufacturing services for KTP-001, a recombinant human matrix metalloproteinase-7 (rhMMP-7) therapy being developed to treat lumbar disc herniation.