24d ago
KUALA LUMPUR, March 6 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) projects Malaysia’s system loan growth to come in at 4.0 per cent to 5.0 per cent in 2026, broadly in line with its gross domestic product (GDP) growth projection of 4.0 per cent to 5.0 per cent.
24d ago
KUALA LUMPUR, March 6 (Bernama) -- 2PointZero Group PJSC, a next-generation investment powerhouse focused on energy and consumer sectors, has formally completed the acquisition of a majority stake in European packaging group ISEM for 704 million Emirati dirham. (100 Emirati dirham = RM107.50)
24d ago
KUALA LUMPUR, March 6 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of New Zealand’s Fidelity Life Assurance Company Limited (Fidelity Life Assurance).
24d ago
KUALA LUMPUR, March 6 (Bernama) -- Bursa Malaysia opened slightly lower on Friday, tracking weaker Wall Street performance overnight and rising oil prices amid no signs of the Middle East crisis easing.
25d ago
KUALA LUMPUR, March 5 (Bernama) -- Bursa Malaysia opened higher on Thursday, tracking positive overnight Wall Street performance as easing oil prices and upbeat economic data soothed concerns over the US-Iran geopolitical crisis.
26d ago
KUALA LUMPUR, March 4 (Bernama) -- Bursa Malaysia ended broadly lower on Wednesday, tracking declines across regional markets, with South Korea posting one of the sharpest drops as investors reacted to widening geopolitical fallout.
26d ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, March 4 (Bernama) -- GE Aerospace has accelerated investments in Asia Pacific (APAC) with Malaysia as the cornerstone for its regional maintenance, repair and overhaul (MRO) expansion strategy, as the aerospace major prepares for sustained growth in post-pandemic air travel demand.
26d ago
KUALA LUMPUR, March 4 (Bernama) -- Bursa Malaysia opened slightly lower on Wednesday, tracking Wall Street’s weaker performance overnight.
27d ago
By Siti Radziah Hamzah
KUALA LUMPUR, March 3 (Bernama) -- Bursa Malaysia’s benchmark index snapped a five-day losing streak to end higher on Tuesday, recouping part of the previous day’s losses, with gains driven by banking heavyweights, oil and gas-related counters, and renewed buying interest in selected consumer retail stocks, despite weaker performances across the region..
27d ago
KUALA LUMPUR, March 3 (Bernama) -- Bursa Malaysia rebounded to open higher on Tuesday as bargain hunting emerged after yesterday’s sell-off.
28d ago
KUALA LUMPUR, March 2 (Bernama) -- Bursa Malaysia ended the morning trading session in the red, in tandem with regional markets, as risk appetite for equities was dampened by the ongoing Middle East conflict.
28d ago
KUALA LUMPUR, March 2 (Bernama) -- Global credit rating agency, AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term issuer credit rating (Long-Term ICR) of “bbb+” (Good) of India’s ICICI Lombard General Insurance Company Limited (ICICI Lombard).