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Taiwan’s Non-life Insurance Segment Outlook Revised To Stable - AM Best

KUALA LUMPUR, Sept 17 (Bernama) -- Global credit rating agency, AM Best has revised its outlook on Taiwan’s non-life insurance segment to stable from negative, citing a recovery of capital strength among carriers in 2023 following sizeable pandemic-related losses in the previous year.

Akur8 Raises US$120 Mln To Boost Next Generation Actuarial Platform Growth

KUALA LUMPUR, Sept 17 (Bernama) -- Akur8, the machine learning-powered insurance pricing and reserving platform, has secured US$120 million in series C funding, which will significantly bolster the company’s ability to expand its product portfolio and fuel its growth in key global markets.

AI-Media Partners Speechmatics To Evolve Captioning, Language Services Technologies

KUALA LUMPUR, Sept 17 (Bernama) -- AI-Media, a pioneering technology company specialising in artificial intelligence (AI) language and captioning workflow solutions, announced a strategic expansion of their multi-year partnership to deliver new and better AI-driven products to market.

MAHA 2024: NEKMAT Aims To Export 'ENNA' Products Through International Collaboration

SERDANG, Sept 16 (Bernama) -- The National Fishermen's Association (NEKMAT) aims to export products under the 'ENNA' brand to overseas markets through collaboration with several companies from Brunei, Indonesia, and the European Union.

QNET Makes Improvements To Health Products Using Latest Technology

GEORGE TOWN, Sept 14 (Bernama) -- QNET, a global direct sales network that focuses on lifestyle and wellness, has made several improvements to its health products using the latest technology.

NCIA Facilitates JV Agreement Between Yenher And Danish Company Involving RM75 Mln Investment

GEORGE TOWN, Sept 14 (Bernama) -- The Northern Corridor Implementation Authority (NCIA) has facilitated a joint venture agreement between Yenher Holdings Bhd and Danish firm Fermentationexperts A/S (FE) to form YH European Protein Asia Sdn Bhd (YHEPA).

Bad Weather Conditions Likely To Boost Rubber Market Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Sept 14 (Bernama) — The local rubber market is expected to trade higher next week due to uncertainties caused by bad weather conditions, which could boost both demand and prices, said industry expert Denis Low.

Gold Futures To Trade In Consolidation Mode Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Sept 14 (Bernama) -- Gold futures contract on Bursa Malaysia Derivatives (BMD) is likely to trade in consolidation mode next week, ahead of the United States (US) Federal Open Market Committee’s meeting on Sept 17-18. 

Ringgit Breaches 4.30 Level Against US Dollar, Hits 20-month High

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Sept 13 (Bernama) -- The ringgit breached the RM4.30 level today, hitting a 20-month high against the US dollar, as traders expect the United States Federal Reserve (Fed) to cut interest rates between 25 and 50 basis points, said an economist.

OTC Markets Group To Connect East And West With OTC Overnight 

KUALA LUMPUR, Sept 13 (Bernama) -- OTC Markets Group Inc has officially launched over-the-counter (OTC) Overnight, enabling a select group of active securities to be traded from Sunday through Thursday.

MATRADE Bringing Gaming Industry Players To TGS 2024 To Boost Malaysia’s Global Presence

KUALA LUMPUR, Sept 13 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) will bring 10 Malaysian gaming industry players to one of Asia’s largest games exhibitions, the Tokyo Game Show (TGS) 2024, to enhance Malaysia’s global gaming presence.