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Yinson's Share Price Surges As Acquisition Talks Enter Advanced Stages -- CIMB Securities

KUALA LUMPUR, June 9 (Bernama) -- Yinson Holdings Bhd’s share price continued to trade higher since Friday, reaching RM2.39 at 10.12 am following news that New York-based infrastructure investment firm Stonepeak Partners is in exclusive talks to acquire Yinson in a deal that could value the company at up to RM9 billion.

UNIPAC Engineering Aims To Be National And Regional Auto Testing Services Player

KUALA LUMPUR, June 8 (Bernama) — UNIPAC Engineering (M) Sdn Bhd aims to become a major national and regional player in the automotive testing sector in Southeast Asia through a comprehensive engineering approach and continuous investment in smart technology.

Bursa Malaysia Seen Trading Between 1,500 And 1,530 Next Week, Pending Fresh Catalysts

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 7 (Bernama) --  The FTSE Bursa Malaysia KLCI (FBM KLCI) is set to trade between 1,500 and 1,530 points next week, pending fresh market catalysts, said an analyst.

Pan Merchant Aims To Raise RM67.6 Mln From IPO

KUALA LUMPUR, June 6 (Bernama) -- Solid-liquid filtration solutions provider Pan Merchant Bhd aims to raise RM67.6 million from its initial public offering (IPO) en route to a listing on the ACE Market of Bursa Malaysia. 

MoneyHero, RCBC Partner To Expand Credit Card Access In The Philippines 

KUALA LUMPUR, June 5 (Bernama) -- MoneyHero Limited, a personal finance aggregation and comparison platform, has entered into a strategic partnership with Rizal Commercial Banking Corporation (RCBC) to integrate RCBC’s range of credit card products into its digital platform in the Philippines.

AM Best Maintains Stable Outlook For South Korea’s Non-life Insurance Amid Regulatory Pressures

KUALA LUMPUR, June 4 (Bernama) -- The stable outlook on South Korea’s non-life insurance segment has been maintained by AM Best, noting a continued refinement of the country’s domestic solvency standards that have helped strengthen insurers’ capital management.

Allianz Life, HSBC Launch EliteDiamond To Address Legacy Planning Needs

KUALA LUMPUR, June 4 (Bernama) -- Allianz Life Insurance Malaysia Bhd and HSBC Bank Malaysia Bhd have expanded their partnership with the launch of HSBC’s EliteDiamond, an investment-linked plan targeting the rising demand for legacy planning among high-net-worth individuals.

AM Best Affirms Excellent Ratings For FuSure Reinsurance With Stable Outlook 

KUALA LUMPUR, June 3 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Hong Kong’s FuSure Reinsurance Company Limited (FuSure), with a stable outlook for both credit ratings (ratings).

India Cuts Import Tax On Crude Edible Oils To 10 Pct - CIMB Securities

KUALA LUMPUR, June 3 (Bernama) -- India has cut the basic import duty on crude edible oils to 10 per cent from 20 per cent, effective May 31, and applies to crude palm oil (CPO), crude soybean oil, and crude sunflower oil.

Thailand’s Asian Re Credit Ratings Upgraded - AM Best

KUALA LUMPUR, June 3 (Bernama) -- Global credit rating agency, AM Best has upgraded the financial strength rating to B++ (Good) from B+ (Good) and the long-term issuer credit rating to “bbb” (Good) from “bbb-” (Good) of Thailand’s Asian Reinsurance Corporation (Asian Re).

Cyberwrite Chosen By Samsung Fire & Marine Insurance To Enhance Cyber Insurance Capabilities

KUALA LUMPUR, June 3 (Bernama) -- Cyberwrite has entered into a partnership with Samsung Fire & Marine Insurance (SFMI) to strengthen the insurer’s cyber insurance capabilities.

Global Passenger Demand Up 8.0 Pct In April 2025 - IATA

KUALA LUMPUR, May 29 (Bernama) -- Global passenger demand rose 8.0 per cent in April 2025 compared to the same month last year, according to the International Air Transport Association (IATA).