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Malaysia Secures RM92.8 Bln Approved Investments In 1Q 2026 -- MIDA

KUALA LUMPUR, June 8 (Bernama) -- Malaysia has secured RM92.8 billion in approved investments for the first quarter of 2026 (1Q 2026), with Japan emerging as the largest foreign investor and domestic investment recording its strongest year-on-year growth in the reporting quarter.

West Asia Conflict Drives Near-Term APAC Coal Demand Spike -- Rystad Energy

KUALA LUMPUR, June 8 (Bernama) -- Asia-Pacific (APAC) thermal coal demand hit a significant near-term surge, with an additional 150 million tonnes (Mt) of cumulative consumption projected through 2030, with roughly half expected to land in 2026 amid the ongoing West Asia conflict, according to Rystad Energy.

Maybank Unveils Next-Generation Maybank2E To Boost Regional Business Banking

KUALA LUMPUR, June 8 (Bernama) -- Maybank has unveiled the next-generation Maybank2E (M2E), an integrated regional business banking platform for businesses from small and medium enterprises (SMEs) to large corporates, enabling them to manage transactions and payments seamlessly, anytime, anywhere. 

Bank ABB Launches AI-Powered Banking Assistants

KUALA LUMPUR, June 8 (Bernama) -- Bank ABB, a financial institution in the South Caucasus, has launched its artificial intelligence (AI) assistants, AI-nur and AI-khan, making them available to all customers following a successful beta testing phase.

DHCG,  Altruist Biologics To Accelerate Biologic Therapy Development

KUALA LUMPUR, June 8 (Bernama) -- Dark Horse Consulting Group (DHCG) has signed a memorandum of understanding (MoU) with Altruist Biologics to establish a strategic collaboration aimed at accelerating the development and global commercialisation of biologic therapies.

Energy Disruptions Could Spill Over Into Food, Medical Supplies And Manufacturing, Warns Hassan Marican

KUALA LUMPUR, June 8 (Bernama) -- Disruptions to energy and petrochemical supplies could have far-reaching implications beyond fuel availability, potentially affecting items critical to everyday life, such as medical supplies, food packaging and agricultural fertilisers, according to Tan Sri Mohd Hassan Marican.

Well Chip To Raise Up To RM120 Mln Via Rights Issue To Fund Pawnshop Expansion

KUALA LUMPUR, June 5 (Bernama) -- Well Chip Group Bhd will undertake a renounceable rights issue of up to 120 million new shares in the company to fund the expansion of new pawnshops and for working capital.

ConocoPhillips Deepens Commitment To Sabah With New Investment In Phase 2 Of KBB Gas Field

KUALA LUMPUR, June 4 (Bernama) -- ConocoPhillips Sabah Gas Ltd, operator of the Kebabangan (KBB) gas field off the cost of Sabah, has taken final investment decision (FID) on May  21, 2026 for Phase 2 of the KBB gas field development.

Trade Policy Concerns Temper US Dollar's Strength, Lifting Ringgit

By Harizah Hanim Mohamed

KUALA LUMPUR, June 4 (Bernama) -- The ringgit was traded slightly firmer against the US dollar at the opening today, as soft sentiment towards the greenback outweighed better-than-expected key United States economic data.

CPO Futures Close Higher On Crude Oil, Soybean Oil Gains

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, June 3 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Wednesday as trading resumed after the recent public holidays, supported by gains in crude oil and soybean oil prices, a trader said.

AM Best Upgrades FuSure Reinsurance On Capital Strength, Tencent Backing

KUALA LUMPUR, June 3 (Bernama) -- Global credit rating agency, AM Best has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and the long-term issuer credit ratings to “a” (Excellent) from “a-” (Excellent) of Hong Kong’s FuSure Reinsurance Company Limited (FuSure).

Kuala Lumpur Rubber Market Hits New 2026 High On Regional Gains

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, June 3 (Bernama) --The Kuala Lumpur rubber market rose sharply on Wednesday, reaching a new high for 2026.