5m ago
KUALA LUMPUR, May 28 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” to Bermuda’s Peak Reinsurance North America Ltd (Peak Re NA), with a stable outlook for both credit ratings (ratings).
5m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, May 25 (Bernama) – A maritime value chain that facilitates shipping connectivity and secures sea lanes, along with the ability to counter disruptions, is vital for ASEAN, the Gulf Cooperation Council (GCC) countries and China in their quest to consolidate tripartite economic cooperation and integration.
5m ago
By Kisho Kumari Sucedaram
BEIJING, May 21 (Bernama) -- China has expressed strong support for the upcoming ASEAN-GCC-China Summit, underscoring the importance of enhanced cooperation among Southeast Asia, the oil-ric
5m ago
KUALA LUMPUR, May 20 (Bernama) -- As chair of ASEAN, Datuk Seri Anwar Ibrahim is clearly asserting Malaysia’s position – and that of the regional grouping – as key players in the Global South and a rising force to be reckoned with, demanding a global shift from the dominance of bipolarity to equitable power-sharing through multipolarity.
5m ago
KUALA LUMPUR, May 19 (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 Ping An Property & Casualty Insurance Company of China Ltd (Ping An P&C), with a stable outlook for both ratings.
5m 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.
5m ago
By Zarul Effendi Razali
KUALA LUMPUR, May 6 (Bernama) -- Bursa Malaysia reversed early gains to close marginally lower today, dragged down by profit-taking in financial services as well as industrial products and services counters, an analyst said.
5m ago
KUALA LUMPUR, May 5 (Bernama) -- Scorpius Holdings Inc, a United States (US)-based integrated contract development and manufacturing organisation, is exploring the establishment of a halal-compliant biomanufacturing facility in Malaysia as part of its international expansion strategy.
5m ago
KUALA LUMPUR, May 3 (Bernama) -- Kosovo, the landlocked Balkan country, is seeking Malaysian investments across a wide-range of sectors including information and communication technology, renewable energy as well as manufacturing, visiting Kosovo President Dr Vjosa Osmani Sadriu said today.
5m ago
KUALA LUMPUR, May 2 (Bernama) -- Capital A Bhd is on track to complete its proposed regularisation and restructuring plan by June 2025, citing continued progress across key regulatory, financial and operational milestones.
5m ago
KUALA LUMPUR, May 2 (Bernama) -- AKWEL, a French automotive parts supplier specialising in fluid management and components for electric vehicles, posted first-quarter (QI) 2025 revenue of 255.6 million euros, down 4.0 per cent on a like-for-like basis as global auto production weakened in most key markets outside China and Japan. (1 Euro = RM4.87)
6m ago
By Zufazlin Baharuddin
KUALA LUMPUR, April 29 (Bernama) -- Bursa Malaysia closed lower today due to profit- taking following several days of uptrend, amid the mostly upbeat regional market performance.