Malaysia's Lonpac Insurance Credit Ratings Affirmed As Excellent - AM Best

KUALA LUMPUR, Dec 11 (Bernama) -- Global credit rating agency, AM Best has affirmed Malaysia’s Lonpac Insurance Bhd (Lonpac) financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent).

FBM KLCI Higher At Midday As US Fed Rate Cut Boosts Sentiment

KUALA LUMPUR, Dec 11 (Bernama) -- Bursa Malaysia traded higher in the morning session, supported by improved sentiment following the US Federal Reserve’s rate cut and in line with overnight gains on Wall Street.

Bursa Malaysia Rises On Wall Street Rally, Fed Cut

KUALA LUMPUR, Dec 11 (Bernama) -- Bursa Malaysia opened higher on Thursday, buoyed by regional market optimism and Wall Street’s rebound following the US Federal Reserve (Fed)’s rate cut.

SEDA Identifies Solar, Hydro, Bioenergy As Key Drivers Of Perak’s Energy Transition

IPOH, Dec 10 (Bernama) -- Perak has already established a substantial renewable energy (RE) base and possesses clear potential for further expansion, said Sustainable Energy Development Authority (SEDA) chief executive officer Datuk Hamzah Hussin.

Chin Hin Disposes Of 44.12 Mln Shares In Signature International Via Off Market Transaction

KUALA LUMPUR, Dec 10 (Bernama) -- Chin Hin Group Bhd has disposed of 44.12 million ordinary shares in its subsidiary, Signature International Bhd (SIB), at an average price of RM1.36 per share for a total consideration of about RM59.99 million.

Gamuda Reports Five Pct Earnings Rise In 1Q On Stronger Domestic Performance, Declares Five Sen Dividend

KUALA LUMPUR, Dec 10 (Bernama) -- Gamuda Bhd posted a five per cent rise in its earnings to RM215 million from last year’s RM205 million for the first quarter ended Oct 31, 2025 (1Q FY2026), primarily driven by robust contributions from domestic construction projects.

Bursa Malaysia's Index Ends Lower, Broader Market Positive, Ahead Of Fed Decision

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 10 (Bernama) -- Bursa Malaysia’s key index ended lower today, in line with most regional markets, amid mixed signals from Wall Street as investors turned cautious ahead of the highly anticipated United States Federal Reserve’s (Fed) policy announcement later tonight.

AM Best Affirms ‘Good’ Credit Ratings For New Zealand’s Provident Insurance

KUALA LUMPUR, Dec 10 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) for New Zealand’s Provident Insurance Corporation Limited (PICL), with a stable outlook on these credit ratings (ratings).

Equativ Launches AI Media Planning Agent To Boost Buyer Efficiency

KUALA LUMPUR, Dec 10 (Bernama) -- Equativ, an independent media platform, announced the global launch of its Media Planning Agent, an artificial intelligence (AI) co-planner embedded directly into the Maestro by Equativ platform.

Indonesia's TUGU Credit Ratings Affirmed, Outlook Revised To Stable - AM Best

KUALA LUMPUR, Dec 10 (Bernama) -- AM Best has affirmed PT Asuransi Tugu Pratama Indonesia Tbk (TUGU)’s financial strength rating (FSR) of A- (Excellent) and the long-term issuer credit rating (Long-Term ICR) of “a-” (Excellent), while revising the outlooks from negative to stable.

EcoWorld Posts Higher Net Profit Of RM438.07 Mln In FY2025

KUALA LUMPUR, Dec 10 (Bernama) -- Eco World Development Group Bhd (EcoWorld) posted a higher net profit of RM438.07 million in the financial year ended Oct 31, 2025 (FY2025) compared to RM303.54 million a year ago.

Bursa Malaysia Slips At Midday Amid Subdued Regional Sentiment

KUALA LUMPUR, Dec 10 (Bernama) -- Bursa Malaysia retreated in the morning session as investors booked profits ahead of the US Federal Reserve’s interest rate decision later today, mirroring subdued regional markets.