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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.
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KUALA LUMPUR, Sept 29 (Bernama) -- Mesiniaga Bhd has secured a RM135.58 million contract from the Finance Ministry, excluding government sales and service tax, to provide marking technology, system development services and comprehensive hardware.
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KUALA LUMPUR, Sept 26 (Bernama) -- Independent real estate brokerage, eXp Realty has officially entered into South Korea, marking its fifth international launch of 2025 and second in Asia after Japan.
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KUALA LUMPUR, Sept 26 (Bernama) -- Bursa Malaysia opened weaker on Friday, tracking Wall Street’s decline, as valuation concerns outweighed strong economic data despite the United States (US) gross domestic product growth hitting a two-year high.
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KUALA LUMPUR, Sept 25 (Bernama) -- Astro Malaysia Holdings Bhd’s net profit slipped to RM16.39 million in the second quarter ended July 31, 2025 (2Q 2026), from RM54.71 million in the same quarter a year earlier.
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KUALA LUMPUR, Sept 25 (Bernama) -- TXCD Bhd said its indirect wholly owned unit, Ageson Kensetsu Sdn Bhd, has accepted a letter of award (LOA) from R & C Cergas Teguh Sdn Bhd (RCCT) to undertake sub-contract works worth RM11.24 million.
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KUALA LUMPUR, Sept 25 (Bernama) -- Insured losses from the recent “Gen Z” protests in Kathmandu are mounting, posing a significant threat to Nepal’s already fragile non-life insurance market, according to a new AM Best commentary.
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By Zufazlin Baharuddin
KUALA LUMPUR, Sept 24 (Bernama) -- The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) closed marginally lower on Wednesday as investors shifted their attention to smaller-cap stocks.
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KUALA LUMPUR, Sept 24 (Bernama) -- Bursa Malaysia opened slightly lower on Wednesday, following Wall Street’s decline as investors digested comments from US Federal Reserve chairman Jerome Powell suggesting US equities may be overvalued.
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KUALA LUMPUR, Sept 23 (Bernama) -- JF Technology Bhd’s (JF Tech) 75 per cent-owned indirect subsidiary, ATS Technology Services Sdn Bhd (ATSSB), has entered into a shareholders' agreement to acquire a 13 per cent stake in California-based ATS Technology Services Inc (ATSI) for US$1.3 million (RM5.46 million).
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KUALA LUMPUR, Sept 22 (Bernama) -- CBH Engineering Holding Bhd’s (CBHB) wholly-owned subsidiary, CBH Engineering Sdn Bhd, has secured a RM31.4 million contract to carry out mechanical and electrical works for a 132 kilovolt (kV) “consumer landing station” (CLS) at a proposed data centre in Johor.
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KUALA LUMPUR, Sept 22 (Bernama) -- MoneyHero Limited (MoneyHero), a personal finance aggregation and comparison platform, reported a net income of US$0.2 million for the second quarter (Q2) ended June 30, 2025 reversing a net loss of US$12.2 million in the same period last year. (US$1=RM4.20)