Malaysia’s Manufacturing PMI Eases To 49.5 In October – Kenanga

KUALA LUMPUR, Nov 3 (Bernama) -- Malaysia’s manufacturing sector saw a marginal slowdown in October, with the Purchasing Managers’ Index (PMI) easing slightly to 49.5 from 49.8 in September, according to Kenanga Investment Bank Bhd.

Bending Spoons Raises US$710 Mln In Fresh Funding

KUALA LUMPUR, Nov 3 (Bernama) -- Bending Spoons, one of Europe’s leading technology companies, has raised US$710 million in equity at a pre-money valuation of US$11 billion. (US$1=RM4.17)

CIMB Treasury And Markets Research Expects BNM To Maintain OPR At 2.75 Pct In Final MPC Meeting

KUALA LUMPUR, Oct 31 (Bernama) -- CIMB Treasury & Markets Research expects Bank Negara Malaysia (BNM) to maintain the overnight policy rate (OPR) at 2.75 per cent in its final Monetary Policy Committee (MPC)  meeting on Nov 6, underpinned by robust macroeconomic indicators.

AM Best: Taiwan’s Non-Life Insurance Outlook Remains Stable

KUALA LUMPUR, Oct 31 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook on Taiwan’s non-life insurance segment, noting that premium growth prospects remain robust and are supported by steady economic conditions and strong insurance demand.

Bending Spoons To Acquire AOL From Yahoo, Expanding Its Digital Empire

KUALA LUMPUR, Oct 31 (Bernama) -- Technology company Bending Spoons has signed a definitive agreement to acquire AOL from Yahoo, marking another bold move in its rapid expansion into the digital services space.

Hytera Unveils P60 Smart PoC Radio At GITEX GLOBAL 2025

KUALA LUMPUR, Oct 31 (Bernama) -- Hytera, a global provider of professional communications technologies and solutions, has launched its latest P60 Smart Push-to-Talk over Cellular (PoC) Radio at GITEX GLOBAL 2025.

Rubber Market Closes Mixed, Influenced By Downtrend In Regional Futures

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 31 (Bernama) -- The Malaysian rubber market ended mixed today, influenced by the downtrend in regional rubber futures markets, said a dealer.

NEC To Acquire CSG For US$2.9 Bln To Accelerate Global Digital Transformation

KUALA LUMPUR, Oct 31 (Bernama) -- NEC Corporation (NEC) has announced a definitive agreement to acquire United States-based CSG Systems International Inc (CSG) for US$80.70 per share in cash, valuing the deal at approximately US$2.9 billion, or 438.5 billion Japanese yen, including debt. (US$1=RM4.19)

Pacific Prime Leads Earthquake Relief Effort In Northern Cebu

KUALA LUMPUR, Oct 31 (Bernama) -- Pacific Prime has successfully led an emergency relief mission to support victims of the earthquake that struck northern Cebu last month, leaving hundreds displaced, mourning, and in urgent need of shelter, food, and clean water.

Curia Invests US$4 Mln To Upgrade API Aseptic Facilities In Spain

KUALA LUMPUR, Oct 30 (Bernama) -- Curia Global Inc, a global research, development and manufacturing organisation, has completed a US$4 million investment to upgrade its two active pharmaceutical ingredient (API) aseptic suites in Valladolid, Spain. (US$1=RM4.18)

APEC Revises 2025 Growth Outlook To 3.1 Pct Despite Global Challenges

From Nor Baizura Basri

GYEONGJU (South Korea), Oct 30 (Bernama) -- The growth in the Asia-Pacific Economic Cooperation (APEC) region has been revised upward to 3.1 per cent this year, slightly higher than the earlier forecast of three per cent, supported by resilient trade activity and robust demand for high-tech goods.

Xi Jinping Urges Partnership With US, Says Frictions Are 'Normal' Between Economic Powers

KUALA LUMPUR, Oct 30 (Bernama) -- China and the United States (US) should be partners and friends, Chinese President Xi Jinping said in his meeting with his counterpart Donald Trump at the Gimhae Air Base in Busan, South Korea, while stating that it is normal for two economic powerhouses to have frictions at times.