| LATEST NEWS | PDRM Management director Datuk Seri Abdul Aziz Abdul Majid appointed Deputy Inspector-General of Police effective Sept 9 - Saifuddin | An investigation paper into allegations Menteri Besar of Negeri Sembilan was forced to sign an Instrument of Proclamation has been opened and is still in progress -- Saifuddin Nasution | KDN evaluating offer for second ex-USCG offshore patrol vessel based on seaworthiness and refurbishment costs – Saifuddin | RELA members allowance of RM8 per hour will be reviewed to a more reasonable rate -- Saifuddin Nasution | The Data Centre Task Force has received more than 40 applications to establish or expand operations in Malaysia this year - MITI | |
KUALA LUMPUR, Aug 10 (Bernama) -- Global reinsurers are facing increased pressure on pricing as strong earnings since 2023 have driven capital to record levels, raising questions over whether underwriting discipline can be maintained amid growing competition, according to a new report by AM Best.
KUALA LUMPUR, Aug 10 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects the ringgit to stabilise by end-August as the US dollar gives back some of its earlier gains following the US Federal Reserve’s (Fed) decision to keep interest rates unchanged at its July meeting.
KUALA LUMPUR, Aug 7 (Bernama) -- Mongolian Mining Corporation is expected to record a consolidated net profit of between approximately US$100.0 million and US$110.0 million for the six months ended June 30, 2026, compared with a consolidated net loss of US$19.9 million reported for the same period in 2025. (US$1=RM4.08)
KUALA LUMPUR, Aug 7 (Bernama) -- Bursa Malaysia opened lower on Friday, with buying interspersed with selling in selected heavyweights amid overnight losses on Wall Street, following rising crude oil prices, said an analyst.
KUALA LUMPUR, Aug 6 (Bernama) -- Lotte Chemical Titan Holding Bhd’s net loss widened to RM174.2 million in the second quarter (2Q) ended June 30, 2026, from RM173.08 million in the same quarter a year ago.
KUALA LUMPUR, Aug 5 (Bernama) -- Horizon Quantum Holdings Ltd (Horizon Quantum), a pioneer of software infrastructure for quantum applications, reported a net loss of US$115.2 million for the fiscal second quarter ended June 30, 2026 (Q2 2026), compared with a net loss of US$2.9 million a year earlier, mainly due to a non-cash accounting charge related to warrant liabilities. (US$1 = RM4.09)
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Aug 4 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives rebounded to close higher on Tuesday amid stronger soybean oil and crude oil prices, said a trader.
KUALA LUMPUR, Aug 3 (Bernama) -- Press Metal Aluminium Holdings Bhd plans to acquire a 35.6 per cent stake in PMB Technology Bhd for RM464.95 million in cash, raising its interest to a controlling 58.8 per cent from 23.2 per cent.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Aug 3 (Bernama) -- The Kuala Lumpur rubber market ended lower on Monday, tracking weaker regional rubber futures amid a sharp decline in crude oil prices and expectations of higher global natural rubber production, a dealer said.
KUALA LUMPUR, July 31 (Bernama) -- Lembaga Tabung Haji’s (TH) profit distribution is only announced based on audited financial results, thus strengthening the integrity of the financial reporting process and increasing depositors' confidence in the institution.
By Abdul Hamid A Rahman
KUALA LUMPUR, July 31 (Bernama) -- The ringgit ended the week marginally higher against the US dollar following weaker-than-expected US economic data although sentiment towards the greenback remained firm, as expectations of a Federal Reserve (Fed) interest rate hike in September stayed intact.
KUALA LUMPUR, July 31 (Bernama) -- Lower retail fuel inflation, particularly for RON97 and diesel, contributed to Malaysia’s headline inflation easing to 1.9 per cent in June, said Bank Negara Malaysia (BNM).
