1d ago
KUALA LUMPUR, May 11 (Bernama) -- India-based Vedanta Limited, a global leader in metals, oil & gas, critical minerals, power and technology, posted a record profit of US$2.8 billion for the financial year ended March 31, 2026, up 22 per cent year-on-year (YoY), driven by structurally strong businesses and disciplined execution. (US$1 = RM3.91)
1d ago
KUALA LUMPUR, May 11 (Bernama) -- AM Best has assigned a financial strength rating of A (Excellent) and a long-term issuer credit rating of “a+” (Excellent) to Taiwan’s Tokio Marine Newa Insurance Co Ltd (TMNewa), with a stable outlook.
4d ago
KUALA LUMPUR, May 8 (Bernama) -- MR D.I.Y. Group (M) Bhd has raised a total RM540 million via the inaugural issuance under its RM5.0 billion Sukuk Wakalah Programmes, with the Islamic Medium-Term Notes (IMTN) tranche oversubscribed by 5.6 times.
8d ago
KUALA LUMPUR, May 4 (Bernama) -- AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb+” (Good), and the Vietnam National Scale Rating of aaa.VN (Exceptional) of Vietnam National Reinsurance Corporation (VINARE).
12d ago
KUALA LUMPUR, April 30 (Bernama) -- Malaysia’s economy is expected to grow by 4.6 per cent to 4.9 per cent over the next three years, supported by household consumption, artificial intelligence-related investments, and technology exports, said S&P Global Ratings.
13d ago
KUALA LUMPUR, April 29 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Australia’s Guild Insurance Limited (GIL), with the outlook for both credit ratings (ratings) remaining stable.
16d ago
By Siti Radziah Hamzah
KUALA LUMPUR, April 26 (Bernama) -- The ongoing conflict in West Asia is reshaping the global energy landscape, underscoring that energy security for import-dependent regions is no longer about efficiency but resilience under sustained disruption.
18d ago
KUALA LUMPUR, April 24 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of The Tokio Marine and Nichido Fire Insurance Company (China) Limited (TMNCH).
18d ago
KUALA LUMPUR, April 24 (Bernama) -- AM Best has placed under review with negative implications the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb” (Good), and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional) of Bao Minh Insurance Corporation (BMI).
18d ago
KUALA LUMPUR, April 24 (Bernama) -- AM Best has affirmed the financial strength rating (FSR) of A (Excellent) and the long-term issuer credit rating (ICR) of “a+” (Excellent) of Taiwan’s Shinkong Insurance Company Limited (Shinkong Insurance), with a stable outlook.
26d ago
KUALA LUMPUR, April 16 (Bernama) -- Global credit rating agency, AM Best has affirmed the performance assessment (assessment) of PA-2 (Excellent) of Delta Insurance New Zealand Limited and Delta Underwriting Private Limited.
26d ago
KUALA LUMPUR, April 16 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) of New Zealand’s Pinnacle Life Limited (Pinnacle Life), with a stable outlook.