| LATEST NEWS | The High Court sentenced Datuk Seri Najib Tun Razak to a total of 15 years' imprisonment and fined him RM11.4 billion on four counts of power abuse and 21 counts of money laundering involving RM2.3 billion linked to 1MDB | Floods hit Terengganu again, three PPS activated this evening - APM | 1MDB funds: Najib found guilty on all 21 money laundering charges - High Court | 1MDB funds: Najib found guilty on fourth charge of using position to obtain gratification - High Court | 1MDB funds: Najib found guilty on third charge of using position to obtain gratification - High Court | |
KUALA LUMPUR, Dec 1 (Bernama) -- Xiamen International Bank has operated from the Xiamen Special Economic Zone since 1985, expanding nationwide and establishing global connections while participating in China’s financial opening-up.
KUALA LUMPUR, Nov 20 (Bernama) -- Affin Bank Bhd’s net profit for the third quarter ended Sept 30, 2025 (3Q 2025) slid to RM144.99 million from RM145.82 million a year ago.
KUALA LUMPUR, Nov 19 (Bernama) -- Amogy, a provider of mature, scalable, and highly efficient ammonia-to-power solutions, has secured a US$15 million strategic investment from South Korea’s GS Engineering and Construction (GS E&C) and affiliated venture investors XPLOR and GS Futures. (US$1 = RM4.15)
KUALA LUMPUR, Nov 7 (Bernama) -- AM Best has assigned a financial strength rating of B+ (Good) and a long-term issuer credit rating of “bbb-” (Good) to Malaysia’s Zhibao Labuan Reinsurance Company Limited (Zhibao Re).
KUALA LUMPUR, Nov 4 (Bernama) -- Boyd Corporation (Boyd), a global innovator in engineered materials and thermal solutions, has signed a definitive agreement to sell its Thermal business to intelligent power management company Eaton for US$9.5 billion. (US$1=RM4.19)
KUALA LUMPUR, Nov 3 (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, Singapore.
KUALA LUMPUR, Oct 22 (Bernama) -- TRM Labs has signed a Memorandum of Collaboration (MOC) with Singapore’s Cyber Security Agency (CSA) to fortify national cyber resilience using artificial intelligence (AI)-driven blockchain intelligence—a move that comes as cyber threats increasingly involve decentralised digital assets.
KUALA LUMPUR, Oct 22 (Bernama) -- Hologic Inc announced it has entered into a definitive agreement to be acquired by funds managed by Blackstone and TPG in a transaction valued at up to US$79 per share, representing an enterprise value of up to US$18.3 billion. (US$1=RM4.22)
KUALA LUMPUR, Oct 8 (Bernama) -- AM Best has upgraded Singapore’s MS First Capital Insurance Ltd (MSFC) financial strength rating to A+ (Superior) from A (Excellent) and the long-term issuer credit rating to “aa-” (Superior) from “a+” (Excellent).
KUALA LUMPUR, Sept 29 (Bernama) -- AM Best has assigned a financial strength rating of A (Excellent) and a long-term issuer credit rating of “a” (Excellent) to Samsung Property & Casualty Insurance Company (China) Ltd (Samsung P/C China). The outlook for both credit ratings (ratings) is stable.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 22 (Bernama) -- Southeast Asian economies and South Korea (ROK) must move their partnership beyond traditional economic indicators and focus on long-term strategic autonomy and digital resilience.
KUALA LUMPUR, Sept 19 (Bernama) -- AM Best has affirmed the financial strength rating (FSR) of A++ (Superior) and the long-term issuer credit ratings (Long-Term ICR) of “aa+” (Superior) of South Korea’s Samsung Fire & Marine Insurance Co Ltd (SFM) and its subsidiaries in the United Kingdom, Vietnam and Singapore.
