By Zufazlin Baharuddin
KUALA LUMPUR, April 7 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower today, with bulls remaining on the sidelines amid a risk-off mood, fuelled by concerns over a potential global trade war.
By Zufazlin Baharuddin
KUALA LUMPUR, April 7 (Bernama) -- The ringgit closed lower against the US dollar today, mirroring the broader trend across Asian currencies amid ongoing concerns over escalating trade tensions.
By Mikhail Raj Abdullah
PUTRAJAYA, April 4 (Bernama) – Malaysia is well-positioned to face any economic crisis following fears that the United States’ (US) sweeping tariffs on 168 countries, including Malaysia, will start a global trade war.
KUALA LUMPUR, March 24 (Bernama) -- Bank Negara Malaysia (BNM) is exploring the potential of introducing underlying blockchain technology to enhance various national financial systems such as the Central Bank Digital Currency, said its governor Datuk Seri Abdul Rasheed Ghaffour today.
KUALA LUMPUR, March 24 (Bernama) -- Stress tests conducted by Bank Negara Malaysia (BNM) affirmed that banks’ capital buffers are sufficient to absorb a potential increase in credit losses from the business sector under adverse stress scenarios.
KUALA LUMPUR, March 24 (Bernama) -- Banking system deposits grew at a slower pace of three per cent in the second half of 2024 (2H 2024), driven by the slower growth of deposits from resident businesses, partly due to higher costs and debt repayment.
KUALA LUMPUR, March 24 (Bernama) -- The overall profitability of life insurance and family takaful funds declined in the second half of 2024 (2H 2024) to RM4.1 billion compared to 1H 2024’s RM8.4 billion due to weaker investment performance and larger net underwriting losses.
KUALA LUMPUR, March 21 (Bernama) -- AM Best has affirmed Hanoi Reinsurance Joint-Stock Corporation’s (Hanoi Re) financial strength rating (FSR) of B++ (Good), the long-term issuer credit rating (Long-Term ICR) of “bbb” (Good), and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional).
KUALA LUMPUR, March 21 (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 China Taiping Insurance (Macau) Company Limited (CTIM).
KUALA LUMPUR, March 21 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent), the long-term issuer credit rating of “a-” (Excellent) and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional) of PVI Insurance Corporation (PVI Insurance), with a stable outlook.
By Danni Haizal Danial Donald
KUALA LUMPUR, March 20 (Bernama) -- The ringgit ended higher against the US dollar on Thursday as the US Federal Reserve (Fed) maintained its benchmark interest rate but signalled that the rate-cutting narrative remained on track.
KUALA LUMPUR, March 20 (Bernama) -- The Islamic Capital Market (ICM) continues to play a significant role, accounting for 63.04 per cent of the overall capital market.
