BNM’s International Reserves At US$123.8 Bln As At Oct 31
KUALA LUMPUR, Nov 7 (Bernama) -- The international reserves of Bank Negara Malaysia (BNM) amounted to US$123.8 billion as at Oct 31, 2025, compared to US$123.4 billion as at Oct 15, 2025.
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No Immediate Need To Reduce OPR, Malaysia's Economic Outlook Remains Resilient - Analysts
KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia (BNM) has room to reduce the overnight policy rate (OPR), but there is no immediate urgency to do so given the country’s resilient economic outlook, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
Federal Loans Are Only For Development, Not Operating Expenses – Amir Hamzah
KUALA LUMPUR, Nov 4 (Bernama) -- The government stressed that loans to cover current operating expenses have never occurred, rather every loan is made for the purpose of developing the country's future, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
LPPSA Secures RM1 Bln Financing From HSBC Amanah For Civil Servants’ Housing
KUALA LUMPUR, Nov 4 (Bernama) -- Public Sector Home Financing Board (LPPSA) has secured RM1 billion in funding from HSBC Amanah Malaysia Bhd to provide home financing specifically for civil servants.
AM Best Affirms Excellent Ratings For South Korea’s KB Insurance
KUALA LUMPUR, Nov 3 (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 KB Insurance Co Ltd (KBI), with a stable outlook.
Lendlease REIT Nears Completion Of Jem Office Divestment
KUALA LUMPUR, Nov 3 (Bernama) -- Lendlease Global Commercial Trust Management Pte Ltd, the manager of Lendlease Global Commercial REIT (Lendlease REIT), announced that the condition precedent for the divestment of the Jem office component has been fulfilled, with completion expected by Nov 12.
Bending Spoons Raises US$710 Mln In Fresh Funding
KUALA LUMPUR, Nov 3 (Bernama) -- Bending Spoons, one of Europe’s leading technology companies, has raised US$710 million in equity at a pre-money valuation of US$11 billion. (US$1=RM4.17)
Bending Spoons To Acquire AOL From Yahoo, Expanding Its Digital Empire
KUALA LUMPUR, Oct 31 (Bernama) -- Technology company Bending Spoons has signed a definitive agreement to acquire AOL from Yahoo, marking another bold move in its rapid expansion into the digital services space.
NEC To Acquire CSG For US$2.9 Bln To Accelerate Global Digital Transformation
KUALA LUMPUR, Oct 31 (Bernama) -- NEC Corporation (NEC) has announced a definitive agreement to acquire United States-based CSG Systems International Inc (CSG) for US$80.70 per share in cash, valuing the deal at approximately US$2.9 billion, or 438.5 billion Japanese yen, including debt. (US$1=RM4.19)
BNM: Malaysia’s Official Reserve Assets At US$123.6 Bln As Of End-Sept 2025
KUALA LUMPUR, Oct 31 (Bernama) -- Malaysia’s official international reserve assets stood at US$123.6 billion (US$1= RM4.19) as at end-September 2025, up from US$122.68 billion as at end-August 2025, according to Bank Negara Malaysia (BNM).
Datuk Vida’s Assets Auctioned For RM1 Mln
IPOH, Oct 30 (Bernama) -- Property and goods, including several vehicles, belonging to cosmetic entrepreneur Datuk Seri Hasmiza Othman, better known as Datuk Vida, were auctioned for RM1 million today.
AIIB, Four Local Banks To Mobilise Up To US$6 Bln For ASEAN Infrastructure Projects
KUALA LUMPUR, Oct 30 (Bernama) -- The Asian Infrastructure Investment Bank (AIIB) has inked cooperation agreements with four local banks to mobilise up to US$6 billion (US$1=RM4.1835) for sustainable and technology-enabled infrastructure projects across the ASEAN region.