8m ago
KUALA LUMPUR, May 9 (Bernama) -- AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb+” (Good), and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional) of Vietnam National Reinsurance Corporation (VINARE), with a stable outlook.
8m ago
KUALA LUMPUR, May 8 (Bernama) -- MIDF Amanah Investment Bank Bhd expects the overnight policy rate (OPR) to remain at 3 per cent for the rest of the year, as this level aligns with current assessments of economic growth and inflation.
8m ago
KUALA LUMPUR, May 8 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has reiterated its “Buy” recommendation for SD Guthrie Bhd, with expectations of improved output in the coming quarters, as the the plantation company enters the peak output season in the second half of 2025 (2H 2025).
8m ago
KUALA LUMPUR, May 7 (Bernama) -- Ingredion Incorporated reported a four per cent drop in first-quarter net sales from US$1.882 billion in 2024 to US$1.813 billion in 2025, weighed down by lower pricing, currency headwinds, and a prior divestiture. (US$1=RM4.21)
8m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, May 7 (Bernama) -- The ringgit rose against the US dollar in early trade on Wednesday, bolstered by a weaker US dollar index (DXY) and a drop in US Treasury yields, signalling persistent risk-off sentiment.
8m ago
KUALA LUMPUR, May 6 (Bernama) -- The Organising Committee of ICOM Dubai 2025 has announced the opening of registration for the 27th General Conference of the International Council of Museums (ICOM), marking the first time the event will be hosted in the Middle East, North Africa, and South Asia (MEASA) region.
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KUALA LUMPUR, May 5 (Bernama) -- Malaysia’s economy is expected to remain resilient and outperform its A-rated peers despite mounting global uncertainties driven by trade tensions, said Moody’s Ratings.
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KUALA LUMPUR, May 5 (Bernama) -- Bursa Malaysia opened higher today but retreated thereafter, driven by mild profit-taking in selected heavyweights as Wall Street continued its uptrend, analysts said.
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KUALA LUMPUR, May 5 (Bernama) -- Bursa Malaysia was lower at midday today on profit-taking in most index-linked counters, while tracking the lower United States (US) stock futures market, which edged lower.
8m ago
KUALA LUMPUR, May 3 (Bernama) -- Kosovo, the landlocked Balkan country, is seeking Malaysian investments across a wide-range of sectors including information and communication technology, renewable energy as well as manufacturing, visiting Kosovo President Dr Vjosa Osmani Sadriu said today.
8m ago
By Anas Abu Hassan
KUALA LUMPUR, May 3 (Bernama) -- The ringgit is likely to trade in a cautious mode next week as investors will focus on the monetary policy decisions domestically and from the United States (US), said an economist.
8m ago
KUALA LUMPUR, May 2 (Bernama) -- MIDF Amanah Investment Bank Bhd expects Malaysia’s gross domestic product (GDP) to grow at a moderate rate of 4.0 per cent in 2025, compared to 5.1 per cent in 2024.