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Bursa Breaks 1,600 Level As Investors Position Ahead Of Long Weekend

By Harizah Hanim Mohamed

KUALA LUMPUR, Sept 12 (Bernama) -- Bursa Malaysia hit the 1,600 level and closed at its intraday high, rising 1.1 per cent as investors anticipated the United States Federal Reserves to cut rates as soon as next week, making ringgit-denominated assets more attractive on a currency-adjusted basis.

Telecom Industry ARPU Eases 0.8 Pct In 2Q 2025 — CIMB Securities

KUALA LUMPUR, Sept 8 (Bernama) -- The telecommunications industry’s average revenue per user (ARPU) eased 0.8 per cent quarter-on-quarter (q-o-q) in the second quarter of 2025 (2Q 2025) with the possibility to decline further in the second half of the year (2H 2025), according to CIMB Securities Sdn Bhd.

Bursa Malaysia Closes Above Key 1,600 Level, Tracking Regional Rally

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 25 (Bernama) -- Bursa Malaysia closed higher for the third consecutive day, breaking the psychological 1,600 mark, lifted by positive regional sentiment on the back of Wall Street’s rally on Friday.

Bursa Malaysia Expected To Continue Uptrend, To Test 1,600 Level Next Week

By Zarul Effendi Razali

KUALA LUMPUR, Aug 23 (Bernama) -- Bursa Malaysia is expected to remain on an upward trajectory next week, testing the psychological 1,600 level, with some profit-taking activity possibly emerging ahead of the long weekend, an economist said.

TNB, CIMB, Visa, JuiceUP Roll Out Contactless EV Charging Nationwide

KUALA LUMPUR, Aug 15 (Bernama) -- Malaysia’s electric vehicle (EV) ecosystem took another step forward today with the introduction of a simplified contactless payment system at selected EV charging stations nationwide.

HSBC Malaysia Unveils Enhanced Premier Service For Affluent Market

KUALA LUMPUR, Aug 13 (Bernama) -- HSBC Malaysia has launched its all-new HSBC Premier service, designed for affluent and high-net-worth customers with an expanded suite of wealth, health, travel and international banking solutions. 

IOI Properties Shares Up In Early Trade

KUALA LUMPUR, Aug 11 (Bernama) -- IOI Properties Group Bhd (IOIPG) shares rose in the early trading session, buoyed by positive market sentiment.

Rubicon Closes First Round For Opportunistic Fund II, Eyes Bay Area Rebound

KUALA LUMPUR, Aug 8 -- Rubicon Point Partners (Rubicon) has announced the first closing of its Rubicon Point Fund II, a real estate investment vehicle targeting special situation opportunities across the West Coast of the United States, with a strategic focus on the San Francisco Bay Area.

Paramount Expects Full Take-up For Embun Hills Project

BUKIT MERTAJAM, Aug 3 (Bernama) -- Paramount Corp Bhd's unit, Paramount Property (Utara) Sdn Bhd is confident its newly-launched project here, Paramount Embun Hills, will be fully taken up, given the project’s strategic location and design. 

Bursa Malaysia Maintains Pre-tax Profit Projection For FY2025 - CEO

KUALA LUMPUR, July 29 (Bernama) -- Bursa Malaysia Bhd is maintaining its pre-tax profit (PBT) target of between RM369 million and RM408 million for the financial year ending Dec 31, 2025 (FY2025). 

Kenanga, CIMB Maintain ‘Buy’ On Yinson After US$600 Mln Vietnam Contract

KUALA LUMPUR, July 29 (Bernama) -- Kenanga Investment Bank Bhd and CIMB Securities Sdn Bhd have reiterated their “Buy” calls on Yinson Holdings Bhd after it secured a contract worth around US$600 million to provide and charter a floating storage and offloading (FSO) vessel in Vietnam. (US$1=RM4.21).

AM Best Affirms South Korea’s Hanwha General Insurance Credit Ratings

KUALA LUMPUR, July 28 (Bernama) -- Global credit rating agency, AM Best has affirmed South Korea’s Hanwha General Insurance Company Limited (HGI) financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent), with a stable outlook.