Rubber Market Closes Lower In Line With Regional Downtrend

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, March 5 (Bernama) -- The local rubber market closed lower on Wednesday in tandem with a downtrend in the regional rubber futures market, a dealer said.

Bursa Malaysia Ends Lower On US Tariff Concerns, CI Down 1.0 Pct

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 4 (Bernama) -- Bursa Malaysia closed lower for a fourth consecutive day today in tandem with the weak regional market performance on trade war concerns following the United States’ (US) confirmation of its tariff imposition on Mexico, Canada and China, effective today.  

Rubber Market Closes Higher On Tightening Supply Outlook

KUALA LUMPUR, March 4 (Bernama) -- The local rubber market closed higher on Tuesday, supported by the tightening natural rubber (NR) supply due to the wintering season, according to a dealer.

Thailand’s Non-life Insurance Market Rebounds With Strong Profits In 2023, Says AM Best

KUALA LUMPUR, March 3 (Bernama) -- Thailand’s non-life insurance market made a strong recovery in 2023, posting an underwriting gain of 13.0 billion Thai baht following a net underwriting loss of 50.7 billion Thai baht in 2022, according to a new AM Best report. (100 Thai baht = RM13.02)

Bursa Malaysia Ends Lower On Weaker Sentiment Following Trump's Tariff Announcement

By Karina Imran

KUALA LUMPUR, Feb 28 (Bernama) -- Bursa Malaysia ended the week lower with the benchmark index declining 0.75 per cent, in tandem with regional markets performance as investor sentiment weakened following the US President Donald Trump’s tariff announcement.

Berjaya Corp Net Loss Narrows To RM88.68 Mln In 2Q FY2025

KUALA LUMPUR, Feb 27 (Bernama) -- Berjaya Corporation Bhd’s net loss for the second quarter (2Q) of the financial year ended Dec 31, 2024 (FY2025), narrowed to RM88.68 million from RM120.77 million last year.

Gold Futures Extend Losses As Stronger Greenback Weighs On Market

KUALA LUMPUR, Feb 27 (Bernama) -- Gold futures on Bursa Malaysia Derivatives fell again on Thursday as the US dollar strengthened due to Donald Trump’s threat to increase trade tariffs.

DRB-HICOM Posts Lower Net Profit Of RM22.55 Mln In FY2024

KUALA LUMPUR, Feb 27 (Bernama) -- DRB-HICOM Bhd posted a significantly lower net profit of RM22.55 million for the financial year ended Dec 31, 2024 (FY2024), compared to the RM238.88 million net profit recorded in FY2023.

Alliance Bank 3Q Net Profit Rises To RM186.67 Mln Along With Higher Revenue

KUALA LUMPUR, Feb 27 (Bernama) -- Alliance Bank Malaysia Bhd’s net profit for the third quarter ended Dec 31, 2024 (3Q FY2025) was 5.5 per cent higher at RM186.67 million from RM176.86 million a year earlier.

Maybank Likely To Shine In The Current Market Climate - HLIB

KUALA LUMPUR, Feb 27 (Bernama) -- Malayan Banking Bhd (Maybank) is expected to shine in the current market climate as investors seek refuge from the uncertainties surrounding United States (US) President Donald Trump 2.0, said Hong Leong Investment Bank Bhd (HLIB).

Bursa Malaysia Opens Lower Amid Wall Street Mixed Performance

KUALA LUMPUR, Feb 27 (Bernama) -- Bursa Malaysia retreated from yesterday’s gains to open lower this morning amid Wall Street’s mixed performance overnight, said an analyst.  

Household Debt At RM1.63 Trillion At End Of 2024, Much Lower Than Financial Assets -- MOF

KUALA LUMPUR, Feb 27 (Bernama) -- Tha national household debt, which stood at RM1.63 trillion as at end-December 2024 -- equivalent to 84.2 per cent of gross domestic product (GDP) --  was much lower than household financial assets, according to the Finance Ministry (MoF).