RHB Bank Posts Higher Net Profit Of RM803.50 Mln In 2Q 2025

KUALA LUMPUR, Aug 28 (Bernama) -- RHB Bank Bhd posted a higher net profit of RM803.50 million for the second quarter ended June 30, 2025 (2Q 2025), up 11.2 per cent from RM722.31 million in the same quarter a year ago.

Asia Pacific Needs Stronger Grid, Clean Energy Push Amid Rising Consumption - APSEC

From Harizah Hanim Mohamed

BUSAN, Aug 28 (Bernama) – The Asia-Pacific region is experiencing new patterns of electricity consumption that require collaboration in areas such as demand response, energy efficiency improvements, and the implementation of distributed energy technologies.

Toshiba Launches 650V 3rd-generation SiC MOSFETs For High-efficiency Industrial Power

KUALA LUMPUR, Aug 28 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has introduced three 650-volt (V) silicon carbide (SiC) MOSFETs, equipped with its latest third-generation SiC chips and housed in surface-mount TOLL packages.

Thailand’s Allianz Ayudhya General Insurance Ratings Affirmed Excellent - AM Best

KUALA LUMPUR, Aug 28 (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 Thailand’s Allianz Ayudhya General Insurance Public Company Limited (AAGI).

Bursa Malaysia Opens Higher, Tracks Wall Street Gains

KUALA LUMPUR, Aug 28 (Bernama) -- Bursa Malaysia was higher in early trade today, tracking the upbeat performance on Wall Street overnight.

Ringgit Ends Lower Against Greenback Ahead Of US Inflation Data This Friday

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 27 (Bernama) -- The ringgit extended its loss to end lower against the greenback on Wednesday ahead of key US inflation data.

Sime Darby Motors Expects Losses To Stop In FY2026

KUALA LUMPUR, Aug 27 (Bernama) -- Sime Darby Motors Sdn Bhd expects its losses to cease in the financial year ending June 30, 2026 (FY2026), supported by branch consolidation in China, said managing director Andrew Basham.

Rubber Market Closes Lower Tracking Regional Markets, Crude Oil Prices

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 27 (Bernama) -- The Malaysian rubber market eased slightly at the close on Wednesday, tracking losses in regional rubber futures markets and crude oil prices amid weak Chinese economic data, a dealer said.

Hong Leong Financial Group Posts Higher FY2025 Net Profit Of RM3.25 Bln

KUALA LUMPUR, Aug 27 (Bernama) -- Hong Leong Financial Group Bhd’s (HLFG) net profit for the financial year ended June 30, 2025 (FY2025) rose to RM3.25 billion from RM3.19 billion in the previous financial year, driven by improved performance of commercial banking and insurance.

Khazanah's Role In Venture Capital Ecosystem Remains Vital, Fund Should Widen Focus On Higher Economic Multipliers Like Agri-Food Business

By Saraswathi Muniappan

KUALA LUMPUR, Aug 26 (Bernama) -- Sovereign wealth fund Khazanah Nasional Bhd still has an effective role to play in the venture capital ecosystem, especially in promoting entrepreneurship and fuelling future economic growth engines, despite recent setbacks such as the losses incurred from its investment in FashionValet Sdn Bhd.

CPO Futures End Lower, Tracking Weaker Soybean Oil Prices

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Aug 25 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower today, weighed down by losses in soybean oil on the Chicago Board of Trade (CBOT), a trader said.

Oriental Holdings Posts Net Loss Of RM59.67 Mln In 2Q

KUALA LUMPUR, Aug 21 (Bernama) -- Oriental Holdings Bhd recorded a net loss of RM59.67 million in the second quarter ended June 30, 2025 (2Q 2025) from a net profit of RM38.19 million in 2Q 2024.