16h ago
KUALA LUMPUR, June 16 (Bernama) -- Affin Hwang Investment Bank Bhd expects Malaysia's equity market to rebound in the second half of 2026 (2H 2026), supported by a potential United States-Iran peace deal.
1d ago
By K. Naveen Prabu
KUALA LUMPUR, June 15 (Bernama) -- The ringgit closed higher against the US dollar on Monday as risk sentiment improved on news that the United States and Iran will sign a peace deal on Friday.
1d ago
KUALA LUMPUR, June 15 (Bernama) -- Malaysian banks’ first quarter 2026 (1Q 2026) financial performance softened slightly, weighed down by higher provisions even as loan growth gathered pace, said RAM Rating Services Bhd.
4d ago
KUALA LUMPUR, June 12 (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-” (Excellent) to Hong Kong’s SAIC Motor Insurance Limited (SAIC Captive).
5d ago
KUALA LUMPUR, June 11 (Bernama) -- Malaysia and Turkmenistan are expected to sign a long-term hydrocarbons cooperation agreement on June 19 as part of efforts to strengthen the country’s energy supply chain, said Deputy Economy Minister Akmal Nasrullah Mohd Nasir.
7d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, June 9 (Bernama) -- Bursa Malaysia ended lower on Tuesday as investors adopted a cautious stance amid external uncertainties, keeping a close watch on the upcoming United States inflation as well as developments surrounding the fragile Israel-Iran ceasefire.
7d ago
KUALA LUMPUR, June 9 (Bernama) – Malaysia’s monthly fuel subsidy bill climbed to as high as RM7.5 billion at one point in April, as tensions in West Asia pushed up global oil prices and heightened concerns over energy supplies, Finance Minister II Datuk Seri Amir Hamzah Azizan said.
10d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, June 6 (Bernama) -- Bursa Malaysia’s benchmark index is potentially retesting the 1,700 level and consolidating within the 1,710–1,715 range next week, supported by improving risk appetite and attractive valuations among selected Malaysian blue chip counters.
21d ago
KUALA LUMPUR, May 26 (Bernama) -- IHH Healthcare Bhd posted a net profit of RM528 million for the first quarter (1Q) ended March 31, 2026, up 2.7 per cent from RM514 million in the same quarter last year.
25d ago
KUALA LUMPUR, May 22 (Bernama) -- The Malaysian Investment Development Authority (MIDA) is intensifying engagement with Nordic investors to position Malaysia’s New Incentive Framework (NIF) and broader facilitation ecosystem as key advantages for high-quality foreign investment.
26d ago
KUALA LUMPUR, May 21 (Bernama) -- DRB-HICOM Bhd’s net profit more than doubled to RM45 million in the first quarter ended March 31, 2026 (1Q) from RM17.72 million in the same period last year.
26d ago
KUALA LUMPUR, May 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 Taiwan’s Union Insurance Company Limited (Union).