8m ago
KUALA LUMPUR, May 15 (Bernama) -- Economic growth across the Asia-Pacific Economic Cooperation (APEC) region is projected to moderate to 2.6 per cent in 2025 and 2.7 per cent in 2026, marking a significant decline from the 3.6 per cent recorded in 2024, according to the latest report by the APEC Policy Support Unit.
8m ago
KUALA LUMPUR, May 15 (Bernama) -- UBS Investment Bank remains bullish on gold and expects the precious metal to continue to rally, likely until the second or third quarter of next year, amid global uncertainties.
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KUALA LUMPUR, May 14 (Bernama) -- Keyfield International Bhd's wholly owned subsidiary, Keyfield Offshore Sdn Bhd, has entered into a memorandum of understanding (MoU) with PT Elnusa Trans Samudera (ETSA) to explore and pursue marine services opportunities, primarily in the oil and gas sector and related industries across Indonesia.
8m ago
KUALA LUMPUR, May 14 (Bernama) -- Global credit rating agency, AM Best has maintained a stable outlook on Japan’s non-life insurance industry, supported by improved profitability in the fire insurance segment and tighter regulatory oversight aimed at driving market reforms.
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KUALA LUMPUR, May 13 (Bernama-Xinhua) -- Wide-ranging unilateral tariffs imposed by the administration of the US President Donald Trump will cause short-term problems for certain sectors of the export-oriented states of the Association of Southeast Asian Nations (ASEAN) grouping, but will lose their bite over time considering the resilience of these countries, according to analysts.
8m ago
KUALA LUMPUR, May 13 (Bernama) -- A significant restructuring in the shareholding of Digital Nasional Bhd (DNB) has been confirmed through a newly signed Letter of Variation dated today, altering key terms in the previously agreed shareholders agreement on June 28, 2024.
8m ago
KUALA LUMPUR, May 13 (Bernama) -- Keyfield International Bhd’s (KIB) wholly owned subsidiary, Keyfield Offshore Sdn Bhd (KOSB), has secured a work order award (WOA) from Petronas Carigali Sdn Bhd (PCSB) for the provision of an accommodation work boat (AWB).
8m ago
KUALA LUMPUR, May 13 (Bernama) -- Visionary Heritage Bhd (VHB), a special purpose vehicle sponsored by ISP Holding Sdn Bhd, has completed the inaugural issuance of the RM114 million ASEAN Green Sukuk Wakalah under its RM2 billion sustainability industrial asset-backed securitisation (ABS) sukuk wakalah programme.
8m ago
By Siti Noor Afera Abu
KUALA LUMPUR, May 13 (Bernama) -- Bursa Malaysia ended the morning session higher as global markets see a strong risk-on push following bullish US-China trade talks.
8m ago
By Zarul Effendi Razali
KUALA LUMPUR, May 10 (Bernama) -- Bursa Malaysia is expected to maintain its positive momentum next week, supported by improving investor sentiment and a bullish global market outlook, a dealer said.
8m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 10 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade lower next week, as progress in the trade deal between the United States (US) and China -- anticipated by the end of the week -- may boost demand for the US dollar and weigh on gold prices.
8m ago
KUALA LUMPUR, May 9 (Bernama) -- The Taiwan dollar’s rapid appreciation against the United States (US) dollar in recent days has raised foreign exchange (FX) risk concerns for the country’s life insurers, according to a new commentary from AM Best.