Japan’s Non-Life Insurance Segment Outlook Remains Stable - AM Best

KUALA LUMPUR, June 23 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook on Japan’s non-life insurance segment, citing factors including rising interest rates and the introduction of the Japan Insurance Capital Standard (J-ICS).

Bursa Malaysia Ends Morning Session Lower On Profit-taking

KUALA LUMPUR, June 23 (Bernama) -- Bursa Malaysia ended the morning session lower on continued profit-taking led by industrial products, property, healthcare, and telecommunications stocks. 

BNM, SC Convene Inaugural Meeting To Advance Islamic Finance Agenda

KUALA LUMPUR, June 23 (Bernama) -- Bank Negara Malaysia (BNM) and the Securities Commission Malaysia (SC) have convened the inaugural Malaysia International Islamic Financial Centre (MIFC) Advisory Panel (MAP) meeting yesterday.

Govt Open To Cooperation On Sabah SEZ

KUALA LUMPUR, June 23 (Bernama) -- The government is ready to assess appropriate forms of cooperation should the Sabah state government wish to spearhead the state's economic transformation through the establishment of a Special Economic Zone (SEZ), the Economy Ministry said.

KOPSYA Records RM12.7 Mln Net Profit For Financial Year 2025

KUALA LUMPUR, June 22 (Bernama) -- Koperasi Pembiayaan Syariah ANGKASA Bhd (KOPSYA) recorded a net profit of RM12.7 million for financial year 2025, strengthening its position as a trusted cooperative financial institution.

Bursa Malaysia Opens Higher On Mild Bargain Hunting

By Rosemarie Khoo

KUALA LUMPUR, June 23 (Bernama) -- Bursa Malaysia opened marginally higher on Tuesday on mild bargain hunting despite a mixed session on Wall Street, an analyst said. 

Berjaya Corp's Unit Sells Citaglobal Stake To Detik Ria For RM42.56 Mln

KUALA LUMPUR, June 22 (Bernama) -- Berjaya Corporation Bhd's (BCorp) wholly-owned subsidiary, Berjaya Securities Sdn Bhd (BSecurities), has disposed of its entire 8.64 per cent stake in Citaglobal Bhd to Detik Ria Sdn Bhd for RM42.56 million.

Bursa Malaysia Ends On Softer Note Amid Profit-taking

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 22 (Bernama) -- Bursa Malaysia ended on a softer note today as investors engaged in profit-taking following the recent rebound in the local market, an analyst said.

Govt Has Identified AI-Affected Sectors, Steps Up Reskilling, Upskilling -- Gobind

KUALA LUMPUR, June 22 (Bernama) – The government has identified sectors that are expected to be affected by the use of artificial intelligence (AI) and is stepping up efforts to improve skills and training to ensure the workforce is prepared to face the technological changes, said Digital Minister Gobind Singh Deo. 

Anwar's Turkmenistan Visit, Petronas' New Agreements A Boon To Malaysian Companies' Credibility

KUALA LUMPUR, June 22 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s recent visit to Turkmenistan, which saw Petroliam Nasional Bhd (Petronas) cement new agreements after a 30-year presence in the country, should be viewed as more than a diplomatic mission, economists said.

Sime Darby Property's New Economy Venture Launches RM2.6 Bln Sukuk Programme

KUALA LUMPUR, June 22 (Bernama) -- Sime Darby Property Bhd’s second real estate development fund, New Economy Venture (NEV), has launched a sukuk wakalah programme of up to RM2.6 billion in nominal value via its subsidiary, Sime Darby Property NEV (Holdings) Sdn Bhd

Malaysia To Continue Strengthening Energy Cooperation With Strategic Partners - Akmal Nasrullah

KUALA LUMPUR, June 22 (Bernama) -- Malaysia will continue to strengthen energy cooperation with strategic partners such as Russia and Turkmenistan while ensuring Malaysian companies remain compliant with international obligations and aware of sanctions-related risks, Minister of Economy Akmal Nasrullah Mohd Nasir said.