| LATEST NEWS | Ringgit closed lower at 3.8915/8980 versus US dollar compared with 3.8885/8925 yesterday | Supermax Corporation's net loss widened to RM58.44 million in 2Q FY2026 compared to RM4.92 million in the same period last year. | Petronas Gas net profit decreased to RM1.73 billion for financial year 2025 from the previous financial year’s RM1.84 billion. | IOI Corporation's net profit jumped to RM528.5 million in 2Q FY2026 compared to RM111.1 million in the same period last year. | MR DIY's net profit for FY2025 surged to RM632.69 million from RM568.94 million a year ago. | |
KUALA LUMPUR, April 4 (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) for Hong Kong’s CMB Wing Lung Insurance Company Ltd (CMBWLI), with a stable outlook.
KUALA LUMPUR, April 3 (Bernama) -- Malaysian glove makers are among the top gainers today as the American tariff differential widens between Malaysia and China exports to the United States (US), which stands at 24 per cent and at least 54 per cent, respectively.
KUALA LUMPUR, April 2 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) for Taiwan’s Nan Shan General Insurance Co Ltd (Nan Shan General), with a stable outlook.
KUALA LUMPUR, March 28 (Bernama) -- The ringgit continued to strengthen against the US dollar at the opening, as rapid shifts in US economic policies under President Donald Trump’s administration created uncertainty within the business community, potentially dampening demand.
KUALA LUMPUR, March 26 (Bernama) -- The ringgit opened slightly higher against the US dollar this morning as investors viewed Malaysia’s political and policy stability favourably among emerging markets, boosting the currency’s appeal amid mixed global sentiment.
KUALA LUMPUR, March 24 (Bernama) -- The government is drafting a robust national strategy to face any eventualities, including the establishment of the National Geoeconomic Command Centre (NGCC), said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.
By Abdul Hamid A Rahman
KUALA LUMPUR, March 24 (Bernama) -- Bursa Malaysia closed in negative territory today, erasing earlier gains as late selling pressure weighed on the market, while investors remained cautious ahead of upcoming tariff announcements by United States (US) President Donald Trump.
KUALA LUMPUR, March 24 (Bernama) – Bank Negara Malaysia (BNM) said its long-standing policy of decentralising international reserves had led to the accumulation of sizeable non-reserve external assets, strengthening Malaysia’s external position.
KUALA LUMPUR, March 24 (Bernama) -- The adoption of the artificial intelligence (AI) model DeepSeek among mainland China’s insurance companies could help small to medium-sized insurers enhance their operational efficiency, according to global credit rating agency AM Best.
KUALA LUMPUR, March 24 (Bernama) -- Global credit rating agency, AM Best has affirmed Hong Kong’s Sun Hung Kai Properties Insurance Limited (SHKPI) financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent), with a stable outlook.
KUALA LUMPUR, March 21 (Bernama) -- AM Best, a global credit rating agency, has affirmed Australia’s Pacific International Insurance Pty Limited (Pacific) financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb” (Good), with a stable outlook.
KUALA LUMPUR, March 21 (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 China Taiping Insurance (Macau) Company Limited (CTIM).
