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KUALA LUMPUR, Jan 16 (Bernama) -- Global credit rating agency, AM Best has withdrawn the financial strength rating of C+ (Marginal) and the long-term issuer credit rating of “b-” (Marginal) of Bermuda’s Berking Re Limited (Berking Re).

Ringgit Slightly Higher Against US Dollar Ahead Of 4Q GDP Estimates

KUALA LUMPUR, Jan 16 (Bernama) -- The ringgit rebounded to open slightly higher against the US dollar ahead of the release of Malaysia’s advance fourth quarter of 2025 (4Q 2025) gross domestic product (GDP) estimates later today.

Malaysia Remains A Top Investment Destination In The Region - ABAC

From K. Naveen Prabu

ABU DHABI, Jan 15 (Bernama) -- Malaysia continues to be viewed by the business community as one of the region’s top destinations for investment, according to the APEC Business Advisory Council (ABAC).

Ringgit Ends Lower As Firmer US Dollar Weighs On Market

By Siti Noor Afera Abu

KUALA LUMPUR, Jan 15 (Bernama) -- The ringgit closed lower on Thursday as the US dollar strengthened against other major currencies, following news that Donald Trump has no plans to remove the current Federal Reserve (Fed) chairman.

Maybank IB Projects FBM KLCI To Reach 1,730 By End-2026

KUALA LUMPUR, Jan 15 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) projects the FBM KLCI to reach 1,730 by end-2026 under its base-case scenario, while its bull-case scenario sees the benchmark index rising to 1,850.

H2O.ai Secures IMDA Renewal For Enterprise GenAI In Singapore

KUALA LUMPUR, Jan 15 (Bernama) -- H2O.ai, a pioneer in sovereign artificial intelligence (AI) and an agentic and predictive AI company, has announced the renewal of its accreditation under Singapore’s Infocomm Media Development Authority (IMDA) for its Enterprise GenAI product suite.

Singapore SME Wins 2026 Zayed Sustainability Prize For Food Innovation

KUALA LUMPUR, Jan 15 (Bernama) -- Singapore-based small and medium enterprise (SME) N&E Innovations has been named the 2026 Zayed Sustainability Prize winner in the Food category, recognising its work in reducing food waste and improving food safety through circular innovation.

Ringgit Edges Up As Softer US Yields Weigh On Greenback 

KUALA LUMPUR, Jan 15 (Bernama) -- The ringgit edged marginally higher against the US dollar on Thursday, underpinned by easing United States Treasury yields that weighed on the greenback as markets priced in a more accommodative Federal Reserve policy stance.

Maybank GWM Financial Assets Hit RM565 Bln On Islamic Wealth Strong Momentum

KUALA LUMPUR, Jan 14 (Bernama) -- Maybank Group Wealth Management’s (GWM) total financial assets exceeded RM565 billion as of September 2025, underpinned by strong momentum in Islamic wealth management.

Ringgit Rises 0.2 Pct Against US Dollar At Close

By Siti Noor Afera Abu

KUALA LUMPUR, Jan 14 (Bernama) -- The ringgit closed 0.2 per cent firmer against the US dollar on Wednesday, supported by sustained portfolio inflows into Malaysian bonds and equities, reflecting confidence in domestic-demand growth, stable policy settings, and attractive real yields.

Ant International Sees Malaysia Among Key Southeast Asian Growth Markets

From Fatin Umairah Abdul Hamid

BANGKOK, Jan 14 (Bernama) -- Malaysia is seen as one of Ant International’s key growth markets in Southeast Asia, supported by the rapid adoption of digital payments, strong cross-border transaction growth and close collaboration with local partners, said Singapore-based digital payments and financial services provider Ant International.

Ringgit Opens Lower Against US Dollar But Higher Versus Major Currencies

KUALA LUMPUR, Jan 14 (Bernama) -- The ringgit opened lower against the US dollar on Wednesday but higher against major currencies amid mixed market sentiment driven by geopolitical risk and Trump’s ongoing pressure on the United States Federal Reserve (US Fed).