10h ago
KUALA LUMPUR, Oct 7 (Bernama) -- Yinson Production, the offshore production business unit of Yinson Holdings Bhd, has priced US$1.458 billion (US$1=RM4.08) in bonds to refinance its Agogo floating production, storage and offloading (FPSO) vessel off the coast of Angola.
7d ago
KUALA LUMPUR, Sept 30 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of B++ (Good) and a long-term issuer credit rating of “bbb+” (Good) to Beibu Gulf Property & Casualty Insurance Company Ltd (Beibu Gulf Insurance).
7d ago
KUALA LUMPUR, Sept 30 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim congratulated Petroliam Nasional Bhd (Petronas) and its joint venture partners for successfully finalising the investment decision for Phase 2 of the Canadian LNG project in Kitimat, British Columbia.
8d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 29 (Bernama) -- The ringgit strengthened marginally against the US dollar on Tuesday, with market sentiment supported by S&P Global Ratings’ reaffirmation of Malaysia’s ‘A-’ sovereign credit rating with a stable outlook.
12d ago
KUALA LUMPUR, Sept 25 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects Malaysian Government Securities (MGS) yields to remain broadly stable and range-bound ahead of key economic data releases next week, while easing geopolitical tensions could support market sentiment.
12d ago
KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit opened higher against the US dollar and most major currencies on Friday, amid mixed movements in global foreign exchange markets.
23d ago
KUALA LUMPUR, Sept 14 (Bernama) -- Affin Hwang Investment Bank Bhd has partnered with the European derivatives exchange, Eurex, to expand its foreign futures offering, providing clients in Malaysia with a local pathway to European market exposure.
28d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 9 (Bernama) -- Budget 2027 should consider establishing a formal information-sharing framework that enables offshore support vessels (OSVs) to serve as an additional “third eye” in safeguarding Malaysia’s waters and critical offshore energy infrastructure, said Perdana Petroleum Bhd.
1m ago
By Rosemarie Khoo & Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 7 (Bernama) -- Bursa Malaysia traded higher on Monday, supported by renewed buying interest in selected banking and telecommunications heavyweights, an analyst said.
1m ago
KUALA LUMPUR, Sept 7 (Bernama) -- Foreign inflows into Malaysian government bonds totalled RM11.1 billion in August, according to Kenanga Investment Bank Bhd (Kenanga IB).
1m ago
KUALA LUMPUR, Sept 3 (Bernama) -- The issuance of sukuk worth RM11.5 billion is not a new bailout for Lembaga Tabung Haji (TH), but rather a refinancing process that provides the institution with the advantage of continuous cash flow.
1m ago
KUALA LUMPUR, Sept 2 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) expects the ringgit to remain supported by Malaysia’s relatively resilient economic fundamentals, although short-term movements are likely to remain sensitive to United States (US) monetary policy expectations and broader risk sentiment.