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Madison International Realty Expands To South Korea, Appoints Jun Park As Head 

KUALA LUMPUR, March 25 (Bernama) -- Madison International Realty, a real estate private equity firm, has expanded its footprint in Asia with the appointment of Jun Park as Head of South Korea and the opening of its first office in the country.

AmInvest Declares RM133.2 Mln Income Distribution For 47 Funds

KUALA LUMPUR, March 25 (Bernama) -- AmInvest has declared an income distribution of about RM133.2 million for 47 unit trust and wholesale funds from October to December 2024.

Bursa Malaysia Opens Higher, Tracking Wall Street's Strong Overnight Performance

KUALA LUMPUR, March 25 (Bernama) -- Bursa Malaysia opened higher this morning, taking its cue from Wall Street’s strong overnight performance.

Bursa Malaysia Ends Lower On Late Selling, Cautious Sentiment Ahead Of US Tariff Decision

By Abdul Hamid A Rahman

KUALA LUMPUR, March 24 (Bernama) -- Bursa Malaysia closed in negative territory today, erasing earlier gains as late selling pressure weighed on the market, while investors remained cautious ahead of upcoming tariff announcements by United States (US) President Donald Trump.

Life Insurance, Takaful Funds See Profit Decline In 2h 2024 Amid Weaker Investment, Rising Medical Payouts

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.

Orderly Domestic Market Conditions Provide Sufficient Buffer Amid Global Volatility

KUALA LUMPUR, March 24 (Bernama) -- Orderly domestic market conditions will continue given Malaysia’s deep and liquid financial markets and sound banking system, providing sufficient buffer against global volatility.

Macro Solvency Stress Test Reaffirms Banks’ Resilience In Face Of Severe Shocks

KUALA LUMPUR, March 24 (Bernama) -- Solvency and liquidity stress test exercises have re-affirmed that banks in the country remain highly resilient even in the face of severe macroeconomic, financial, and liquidity shocks.

eXp Realty Expands To Peru, Offering Agents Global Growth Opportunities

KUALA LUMPUR, March 24 (Bernama) -- eXp Realty, the world’s largest independent real estate brokerage and a subsidiary of eXp World Holdings Inc (EXPI), has officially launched in Peru, marking its 25th international market.

Alliance Bank On Right Track Scaling Up Operations

KUALA LUMPUR, March 24 (Bernama) -- Alliance Bank Malaysia Bhd (ABMB) is on the right track to scale up operations following its proposal to undertake a rights issue to raise RM600 million to boost its diminishing common equity tier-1 (CET-1) of 12.4 per cent by +1.1 percentage points (ppts), CIMB Securities Sdn Bhd.

AM Best Affirms Excellent Ratings For Sun Hung Kai Properties Insurance

KUALA LUMPUR, March 24 (Bernama) -- Global credit rating agency, AM Best has affirmed Hong Kong’s Sun Hung Kai Properties Insurance Limited (SHKPI) financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent), with a stable outlook.

Bursa Malaysia Gives Up Early Gains Amid Weak Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, March 24 (Bernama) -- Bursa Malaysia opened higher, tracking Wall Street’s strong overnight performance, but retreated soon after due to a lack of fresh catalysts.

Bursa Malaysia Likely To Continue Range-Bound Trading Next Week

By Siti Radziah Hamzah

KUALA LUMPUR, March 22 (Bernama) -- Bursa Malaysia is expected to continue range-bound trading next week with a slight upward bias in the lead-up to Hari Raya holiday, said an analyst.