FBM KLCI Recoups Most Of Earlier Losses At Midday, Lifted By Public Bank, Axiata
KUALA LUMPUR, Nov 29 (Bernama) -- Bursa Malaysia’s main index recovered almost all of its earlier losses at midday, boosted mainly by Public Bank and Axiata.
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Stronger Turnaround For Capital A In 4Q 2024 Expected -- Research Houses
KUALA LUMPUR, Nov 29 (Bernama) -- Research houses are anticipating a strong turnaround for Capital A Bhd in the fourth quarter of 2024 (4Q 2024), given the seasonally stronger demand and yields, lower jet fuel price and a weakened US dollar.
Downturn Continues On Bursa Amid Absence Of Leads From Wall Street, US Policy Worries
KUALA LUMPUR, Nov 29 (Bernama) -- Bursa Malaysia extended its downtrend on Friday, driven by an absence of guidance from Wall Street and persistent concerns over US policy uncertainties.
ASEAN-BAC Malaysia Aims To Strengthen Regional Economic Ties As Malaysia Assumes ASEAN Chairmanship
KUALA LUMPUR, Nov 26 (Bernama) -- The ASEAN Business Advisory Council (ASEAN-BAC) Malaysia is committed to fostering closer economic ties within the region as it prepares to assume the chairmanship next year.
AM Best Affirms NongHyup Property and Casualty Insurance’s Ratings
KUALA LUMPUR, Nov 25 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (excellent) and the long-term issuer credit rating of “a-” (excellent) of South Korea’s NongHyup Property and Casualty Insurance Company Limited (NH P&C).
Rackson Group To Transform Bayan Lepas Skyline With RM1.5 Bln GDV Project
GEORGE TOWN, Nov 23 (Bernama) -- Rackson Group has unveiled a landmark RM1.5 billion gross development value (GDV) project in Bayan Lepas, featuring Le Meridien Penang Airport and Avion Serviced Apartments.
Kumpulan H&L And Prosperous Plantation To Merge Estates, Enhance Economies Of Scale
KUALA LUMPUR, Nov 22 (Bernama) -- Kumpulan H&L High Tech Bhd’s wholly-owned subsidiary, H&L High-Tech Deco Sdn Bhd, has entered into an estate merger agreement with Prosperous Plantation PLT to achieve economies of scale and increase production output.
BNM's International Reserves Rise To US$118.0 Bln As At Nov 15, 2024
KUALA LUMPUR, Nov 22 (Bernama) -- Malaysia’s international reserves rose to US$118.0 billion (US$1=RM4.46) as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Bursa Malaysia Opens Lower Amid Wall Street's Mixed Performance
KUALA LUMPUR, Nov 21 (Bernama) -- Bursa Malaysia’s key index opened lower today amid Wall Street’s mixed performance overnight while US futures were marginally lower following Nvidia’s announcement which showed that its revenue forecast fell short of expectations, suggesting that its rapid growth may be nearing its limits.
Bursa Malaysia Ends Lower On Selling In Selected Heavyweights
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 20 (Bernama) -- Bursa Malaysia closed lower today dragged by continued selling in selected heavyweights, led by the financial services and utilities sectors, amid a mixed performance in regional peers.
Bursa Malaysia Remains In The Red At Midday
KUALA LUMPUR, Nov 20 (Bernama) -- Bursa Malaysia remained in the red at midday, weighed down by continuous selling in selected heavyweights, led by financial services and utilities sectors.
Anaqua To Be Acquired By Nordic Capital
KUALA LUMPUR, Nov 19 (Bernama) -- Anaqua announced that Nordic Capital, an experienced private equity investor in Technology & Payments globally, has entered into exclusive negotiations to acquire a controlling interest in Anaqua from its existing shareholders led by Astorg.