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AM Best Withdraws Bermuda’s Berking Re Credit Ratings

KUALA LUMPUR, Jan 16 (Bernama) -- Global credit rating agency, AM Best has withdrawn the financial strength rating of C+ (Marginal) and the long-term issuer credit rating of “b-” (Marginal) of Bermuda’s Berking Re Limited (Berking Re).

Malaysia Airlines' Europe Flights On Schedule After Iranian Airspace Closure, Affected Flights Rerouted

By Kisho Kumari Sucedaram

KUALA LUMPUR, Jan 15 (Bernama) -- Malaysia Aviation Group (MAG) has confirmed that all Malaysia Airlines passenger flights to London and Paris, as well as cargo operations to Amsterdam that utilise Middle East routings, continue to operate as scheduled following the temporary closure of Iranian airspace. 

Gold Futures End Lower On Stronger US Dollar

KUALA LUMPUR, Jan 15 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Thursday as the US dollar strengthened after President Donald Trump indicated he has no plans to remove the current Federal Reserve chairman.

Gold Futures Close Higher

KUALA LUMPUR, Jan 14 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today, tracking gains on the US COMEX market, supported by continued safe-haven demand amid ongoing geopolitical uncertainty.

Gold Futures Close Lower, Tracking US COMEX Weakness

KUALA LUMPUR, Jan 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today, in tandem with US COMEX weakness.

Berkshire Hathaway Specialty Insurance Promotes David Lee To Global CHRO

KUALA LUMPUR, Jan 13 (Bernama) -- Berkshire Hathaway Specialty Insurance (BHSI) has promoted David Lee to Global Chief Human Resources Officer (CHRO), based in Boston, succeeding Kim Briones, who is retiring from her full-time role.

Gold Futures Close Firmer In Line With Gains In US Comex

KUALA LUMPUR, Jan 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Monday, tracking gains on the US COMEX, as sentiment improved amid a weaker US dollar and rising concerns over the independence of the US Federal Reserve.

Gold Futures Expected To Trade Higher Next Week

KUALA LUMPUR, Jan 10 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade higher next week, with another attempt towards the US$4,600 per troy ounce level.

Gold Futures End Higher, Tracking Gains In US COMEX

KUALA LUMPUR, Jan 9 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Friday, tracking gains in US COMEX.

Gold Futures End Mostly Lower Due To Profit Taking After Recent Gains

KUALA LUMPUR, Jan 8 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed mostly lower on Thursday, amid profit-taking after recent gains.

RHB IB Sees Steady Cement Demand From 13MP Infrastructure Projects

KUALA LUMPUR, Jan 8 (Bernama) -- RHB Investment Bank Bhd expects cement demand to remain steady, supported by infrastructure projects under the 13th Malaysia Plan (13MP), which has targeted RM430 billion in gross development expenditure for the 2026–2030 period, compared with RM415 billion under the 12th Malaysia Plan.

Gold Futures End Higher, Despite Weaker US COMEX Performance

KUALA LUMPUR, Jan 7 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Tuesday, despite their weak performance in the US COMEX.