2m ago
KUALA LUMPUR, Nov 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) for South Korea’s Meritz Fire & Marine Insurance Co Ltd (Meritz), with a stable outlook.
2m ago
KUALA LUMPUR, Nov 21 (Bernama) -- Kenanga Investment Bank Bhd has lowered its 2025 inflation forecast to 1.4 per cent from 1.5 per cent (2024: 1.8 per cent), driven by the deflationary effects of Budi95.
2m ago
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.
2m ago
KUALA LUMPUR, Nov 20 (Bernama) -- DigitalBridge Group Inc (DigitalBridge) announced the successful close of DigitalBridge Partners III (DBP III), its third value-added digital infrastructure fund, securing US$11.7 billion in total capital commitments. (US$1=RM4.14)
2m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 18 (Bernama) -- The ringgit continued its technical correction, closing lower against the US dollar today, as traders and investors cashed in amid uncertainty over the United States interest rate outlook.
2m ago
KUALA LUMPUR, Nov 18 (Bernama) -- Fiscal discipline and systematic management of the national economy have enabled the ringgit to record the best performance in all of Asia, according to Prime Minister Datuk Seri Anwar Ibrahim.
2m ago
KUALA LUMPUR, Nov 17 (Bernama) -- EarlyHealth Group (EHG), headquartered in Dubai, has signed a Letter of Intent (LOI) with Export Barbados (BIDC) to jointly establish EarlyHealth City Barbados, a US$200 million pharmaceutical and life sciences cluster to be developed in Newton, Christ Church. (US$1=RM4.12)
2m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 15 (Bernama) -- The ringgit is expected to trade within the 4.10-4.15 range against the US dollar next week, supported by Malaysia’s resilient macroeconomic fundamentals amid shifting expectations over the United States’ monetary policy.
2m ago
By Anas Abu Hassan
KUALA LUMPUR, Nov 14 (Bernama) -- Malaysia’s third quarter (3Q) economic growth is a testament that domestic momentum is strengthening the economy even as external conditions remain uneven, said an economist.
2m ago
KUALA LUMPUR, Nov 14 (Bernama) -- Global credit rating agency, AM Best has revised the outlooks on China’s ZhongAn Online P&C Insurance Co Ltd (ZhongAn) to positive from stable while affirming its financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent).
2m ago
KUALA LUMPUR, Nov 14 (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 (NSR) of aaa.VN (Exceptional) of Fubon Insurance Vietnam Co Ltd (Fubon Vietnam), with all credit ratings (ratings) carrying a stable outlook.
2m ago
KUALA LUMPUR, Nov 14 (Bernama) -- The current overnight policy rate (OPR) of 2.75 per cent remains supportive and appropriate given Malaysia’s economic conditions and stable inflation environment, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.