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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.

NIKE Names Michael Gonda As EVP, Chief Communications Officer Effective July 7

KUALA LUMPUR, June 4 (Bernama) -- NIKE Inc, the leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment, and accessories, has appointed Michael Gonda as Executive Vice President (EVP) and Chief Communications Officer, effective July 7.

CPO Futures Rebound At The Close On Stronger Demand From India

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, June 3 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today, rebounding from last Friday’s losses, supported by stronger demand from India, according to palm oil trader David Ng.

Mavenir Partners Three UK, Red Hat To Double 5G Speeds In Open RAN Trial

KUALA LUMPUR, June 3 (Bernama) -- Mavenir, the cloud-native network infrastructure provider, has collaborated with Three UK and Red Hat in demonstrating the performance benefits of 5G non-standalone O-RAN compliant small cells in Glasgow City Centre, doubling 5G speeds at peak times.

SEON Scales APAC Operations To Meet Rising Demand For Fraud, AML Tools

KUALA LUMPUR, June 3 (Bernama) -- SEON, a global leader in digital fraud prevention and compliance, has announced rapid growth across the Asia-Pacific (APAC) region, driven by increasing demand for its unified, real-time fraud and anti-money laundering (AML) solutions.

CPO Futures Likely To Trade Sideways Next Week Amid Limited Market Catalysts, Shorter Week

By Siti Noor Afera Abu

KUALA LUMPUR, May 31 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to move sideways next week due to limited market catalysts and a shorter trading week.

Axiata Appoints Didi Syafruddin As Independent Non-Executive Director

KUALA LUMPUR, May 30 (Bernama) -- Axiata Group Bhd has appointed Didi Syafruddin Yahya as an independent non-executive director, effective June 1, 2025. 

Malaysia Airlines Intensifies China Engagement To Boost Passenger And Cargo Growth

BEIJING, May 30 (Bernama) -- Malaysia Airlines is intensifying efforts to deepen bilateral cooperation, boost passenger volumes, and enhance cargo exchanges between China and Malaysia, reaffirming its commitment to being the preferred carrier connecting China with Malaysia and the broader global market.

CPO Futures Slip On Weak Soybean Oil, Snapping 5-Day Rally

By Siti Noor Afera Abu

KUALA LUMPUR, May 30 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives snapped its five-day rally to close lower on Friday, dragged down by weakness in the soybean oil market, said palm oil trader David Ng.

IMF Forum Explores How Governments Can Better Navigate Rising Borrowing Costs, Refinancing Pressures

KUALA LUMPUR, May 28 (Bernama) -- The 20th International Monetary Fund (IMF) Public Debt Management Forum explores and discusses how governments can better navigate the challenges of rising borrowing costs and debt refinancing pressures.

Rafizi’s Tenure Defined By Bold Moves To Improve People’s Livelihoods

KUALA LUMPUR, May 28 (Bernama) -- Datuk Seri Rafizi Ramli, who became the economy minister in December 2022, part of Prime Minister Datuk Seri Anwar Ibrahim’s Cabinet, is known for a myriad of initiatives to improve people’s livelihoods.

ASEAN-GCC-China Summit Reflects Success In Reshaping Cooperation Amid Multipolar World

KUALA LUMPUR, May 27 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim described the  organisation of the ASEAN-Gulf Cooperation Council (GCC)-China Summit, which will take place for the first time today, as a success in reshaping the cooperation framework in line with the realities of today's multipolar world.