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Rubber Market Extends Losses Amid Weaker Regional Futures

KUALA LUMPUR, July 16 (Bernama) -- The Kuala Lumpur rubber market extended its losses for a second straight session on Thursday, pressured by declines in regional rubber futures markets and weaker benchmark crude oil prices, a dealer said.

South Korea’s DBI Retains Superior Credit Ratings From AM Best

KUALA LUMPUR, July 16 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa-” (Superior) of South Korea’s DB Insurance Co Ltd (DBI).

AM Best Upgrades PICC Hong Kong's Credit Ratings 

KUALA LUMPUR, July 16 (Bernama) -- AM Best has upgraded the financial strength rating of The People's Insurance Company of China (Hong Kong) Ltd (PICC HK) to A (Excellent) from A- (Excellent) and the long-term issuer credit rating to “a” (Excellent) from “a-” (Excellent).

Bursa Malaysia Opens Higher, Tracking Wall Street Gains

KUALA LUMPUR, July 16 (Bernama) -- Bursa Malaysia rebounded to open higher on Thursday, tracking Wall Street's overnight gains as easing US inflationary pressures lifted global risk sentiment.

Gamuda JV Signs 40-Year Bulk Water Supply Agreement With PBAPP

KUALA LUMPUR, July 15 (Bernama) -- Construction company Gamuda Bhd’s joint venture has entered into a bulk water supply agreement with Perbadanan Bekalan Air Pulau Pinang Sdn Bhd (PBAPP) to supply treated water to Penang from Perak under the Northern Perak Water Supply Scheme (NPWSS).

Tafi's Unit Secures RM135 Mln Construction Contract

KUALA LUMPUR, July 15 (Bernama) – TAFI Industries Bhd’s wholly-owned subsidiary, TAFI Home & Office Sdn Bhd has accepted a letter of award from Armani KPF2 Development Sdn Bhd involving works on a mixed commercial development in Setia Alam, Selangor.

HLIB Lifts Malaysia’s 2026 GDP Forecast To 4.7 Pct On Strong E&E Exports

KUALA LUMPUR, July 15 (Bernama) -- Stronger-than-expected electrical and electronics (E&E) exports and robust global semiconductor demand have prompted Hong Leong Investment Bank (HLIB) to raise Malaysia’s 2026 gross domestic product (GDP) growth forecast to 4.7 per cent from 4.5 per cent previously.

Ringgit To Outperform Regional Peers Despite Stronger Greenback -- Standard Chartered

KUALA LUMPUR, July 15 (Bernama) -- The Malaysian ringgit is expected to remain one of the region's better-performing currencies alongside the Singapore dollar, supported by solid economic fundamentals and impact of higher oil prices, even in a stronger US dollar environment, according to Standard Chartered Bank.

Malaysia Drives Global Sukuk Issuance Growth In 1H 2026 -- S&P

KUALA LUMPUR, July 15 (Bernama) -- Malaysia drove global sukuk issuance growth in the first half of 2026 (1H 2026), with strong local currency issuance offsetting weaker Gulf Cooperation Council (GCC) countries issuance, according to S&P Global Ratings.

Bursa Malaysia Opens Higher Ahead Of 2Q GDP Estimate

KUALA LUMPUR, July 15 (Bernama) -- Bursa Malaysia opened higher on Wednesday, supported by improved investor sentiment ahead of Malaysia's advance estimate for second-quarter (2Q) gross domestic product (GDP), while tracking Wall Street's mostly positive performance.

Malaysia Maintains Lead In Southeast Asia IPO Market In 1H 2026 - Deloitte

KUALA LUMPUR, July 14 (Bernama) -- Malaysia’s initial public offering (IPO) market remained one of the most active in Southeast Asia, continuing to lead the region in terms of total IPO funds raised and number of IPOs, according to Deloitte Southeast Asia Mid-Year IPO Snapshot 2026. 

Energy, Banking Stocks Lift Bursa Malaysia To More Than One Pct Gain

By Siti Noor Afera Abu

KUALA LUMPUR, July 14 (Bernama) -- Bursa Malaysia extended its rally to close more than one per cent higher on Tuesday, lifted by strong buying interest in oil and gas as well as banking counters as investors positioned for potentially firmer energy prices following renewed hostilities between the United States and Iran.