FBM KLCI Ends Morning Session Almost Flat

KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia ended the morning session nearly unchanged today, as choppy trading offset support from stronger regional performance.

Urgent Action Needed To Address Intensifying Climate Change Effects - Sultan Nazrin

KUALA LUMPUR, Nov 6 (Bernama) -- Scientific and financial resources must be urgently directed towards understanding and addressing the effects of climate change, as extreme weather events are no longer rare but recurring and intensifying, said the Sultan of Perak, Sultan Nazrin Shah.

Strengthen Collaboration, Creativity, Conduct To Combat Financial Crimes -- BNM Governor

KUALA LUMPUR, Nov 5 (Bernama) -- Bank Negara Malaysia (BNM) has called upon the financial industry to harness the principles of collaboration, creativity and conduct in addressing new challenges and safeguarding the integrity of the financial ecosystem. 

AM Best Affirms Excellent Ratings For South Korea’s KB Insurance

KUALA LUMPUR, Nov 3 (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 South Korea’s KB Insurance Co Ltd (KBI), with a stable outlook.

MARA Aims For Three Bumiputera Companies To Be Listed On Bursa Malaysia Next Year – Rubiah

KUALA LUMPUR, Nov 2 (Bernama) -- Majlis Amanah Rakyat (MARA) aims to have three Bumiputera companies listed on Bursa Malaysia next year, said Deputy Minister of Rural and Regional Development Datuk Rubiah Wang.

Pluxee Beats Forecasts With Strong Fiscal 2025 Results, Lifts Profit Margin Target

KUALA LUMPUR, Oct 31 (Bernama) -- Pluxee, a global player in employee benefits and engagement, posted a solid set of fiscal 2025 results, with total revenue climbing 10.6 per cent organically to 1.29 billion euros, as strong client growth and cash generation continued to underpin performance. (1 Euro = RM4.85)

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.

EWI Capital Commits A$100 Mln As Anchor Investor In Australian Office Fund

KUALA LUMPUR, Oct 30 (Bernama) -- EWI Capital Bhd’s wholly owned subsidiary, EWI Investment Holdings Ltd, has made a strategic shift towards investment holding with a commitment of A$100 million (RM276.5 million) as an anchor investor in the TrustCapital Australian Office Fund No. 3 (Fund).

Ringgit Retreats After Five-day Rally Amid Mixed Fed Signals

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit retreated against the US dollar at Thursday’s close after a five-day rally as traders and investors locked in profits amid mixed signals from the US Federal Reserve (Fed) on the pace of future interest rate cuts.

Neinor Homes Secures 140 Mln Euros In Share Placement Backed By Orion

KUALA LUMPUR, Oct 30 (Bernama) -- Neinor Homes has successfully raised 140 million euros through an accelerated bookbuild (ABB) offering, issuing over 8.9 million new shares at 15.73 euros per share. (1 Euro = RM4.85)

AM Best Assigns Excellent Credit Ratings To Indonesia’s Lippo General Insurance 

KUALA LUMPUR, Oct 30 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of A- (Excellent), a long-term issuer credit rating of “a-” (Excellent) and the Indonesia National Scale Rating (NSR) of aaa.ID (Exceptional) to Indonesia’s PT Lippo General Insurance Tbk (LGI).

Ringgit Extends Gain For Seventh Day After US Rate Cut

 KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit extended its gains for the seventh day on Thursday, opening higher against the US dollar, supported by the much-anticipated 25 basis points cut last night by the US Federal Reserve (US Fed), an analyst said.