Weak Regional Market Performance Drags Bursa Malaysia Lower, CI Down 4.01 Pct

By Anas Abu Hassan

KUALA LUMPUR, April 7 (Bernama) -- Bursa Malaysia extended its decline to close sharply lower today, with the benchmark index falling by 4.01 per cent, dragged by weaker regional market performance amid growing concerns over a potential global trade war.

Japan Insurers Seek Growth Abroad As Domestic Market Shrinks - AM Best

KUALA LUMPUR, April 7 (Bernama) -- Japanese insurance companies are increasingly seeking growth overseas as the domestic market faces constraints due to an ageing and shrinking population, according to a new commentary by AM Best.

Bursa Malaysia Opens Lower, CI Slips Below 1,500-mark

KUALA LUMPUR, April 7 (Bernama) -- Bursa Malaysia trended lower in early trade today, slipping below 1,500-mark, tracking Wall Street’s downbeat performance last Friday amid looming concerns and uncertainties in the global market.  

Gold Futures Likely To Trade Lower Next Week

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, April 5 (Bernama) -- The gold futures market on Bursa Malaysia Derivatives is expected to trade lower, which may prompt investors to buy on dips, said SPI Asset Management managing director Stephen Innes.

Bargain-hunting Likely To Emerge, Cautious Sentiment To Dominate Bursa Malaysia Next Week

By Siti Radziah Hamzah

KUALA LUMPUR, April 5 (Bernama) -- Bargain-hunting activities are likely to emerge next week in Bursa Malaysia, with selling pressure expectation to ease as investors absorb the US tariff impact. 

Bursa Malaysia Ends Lower On Broad Selling, CI Down 0.97 Pct

By Siti Radziah Hamzah

KUALA LUMPUR, April 4 (Bernama) -- Bursa Malaysia closed lower today, with the benchmark index falling by 0.97 per cent, as persistent selling across various sectors weighed on the market, which continued to feel the impact of sweeping US tariffs. 

Ringgit To Remain Defensive Against US Dollar At 4.42-4.45 -- Kenanga IB

KUALA LUMPUR, April 4 (Bernama) -- The ringgit is expected to remain defensive versus the US dollar, trading at a range of 4.42-4.45, barring surprises, said Kenanga Investment Bank Bhd (Kenanga IB). 

AM Best Affirms "A" Rating For Hong Kong's CMB Wing Lung Insurance

KUALA LUMPUR, April 4 (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) for Hong Kong’s CMB Wing Lung Insurance Company Ltd (CMBWLI), with a stable outlook.

FBM KLCI Slips 0.5 Pct, Weighed By Selling In Selected Heavyweights

KUALA LUMPUR, April 3 (Bernama) -- Bursa Malaysia ended lower today, with the benchmark index declining 0.5 per cent, weighed down by selected heavyweights led by Press Metal, IHH Healthcare, and Tenaga Nasional.

Lone Star Funds Completes Sale Of Japanese Rental Property Asset

KUALA LUMPUR, April 3 (Bernama) -- Lone Star Funds (Lone Star) has announced that an affiliate of Lone Star Real Estate Fund VI L.P. has successfully completed the sale of Tokyo β (Tokyo Beta), one of the largest rental property assets in Tokyo.

FBM KLCI Hits Intraday High At The Close On Bargain-hunting Activities

KUALA LUMPUR, April 2 (Bernama) -- Bursa Malaysia’s benchmark index ended higher, amid an overall cautious market sentiment, on bargain-hunting activities, said an analyst. 

AM Best Affirms Strong Credit Ratings For Taiwan's Nan Shan General

KUALA LUMPUR, April 2 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) for Taiwan’s Nan Shan General Insurance Co Ltd (Nan Shan General), with a stable outlook.