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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) -- The ringgit opened higher against the US dollar on Monday on weaker United States (US) non-farm payrolls (NFP) data.
KUALA LUMPUR, Aug 7 (Bernama) -- The stronger financial performance of Lembaga Tabung Haji (TH) at present is the result of institutional reforms implemented since its restructuring, including the implementation of 75 per cent of the recommendations made by the Royal Commission of Inquiry (RCI), according to an economist.
KUALA LUMPUR, Aug 6 (Bernama) -- Foreign investors returned to Malaysian equities in July, recording RM300.9 million in net inflows, with buying concentrated in financial services, transportation and logistics, and utilities.
KUALA LUMPUR, Aug 6 (Bernama) -- Bursa Malaysia opened higher on Thursday but edged into negative territory in early trade as investors locked in profits after recent gains, an analyst said.
KUALA LUMPUR, Aug 5 (Bernama) -- Destini Bhd’s wholly owned subsidiary, Destini Oil Services Sdn Bhd, has secured a tubular running services contract from Searah (Malaysia) Sdn Bhd for the latter’s west region operations.
KUALA LUMPUR, Aug 5 (Bernama) -- Nestcon Bhd’s wholly-owned subsidiary, Nestcon Builders Sdn Bhd, has secured a RM243 million construction contract from EXSIM Waterfront Sdn Bhd in George Town, Penang.
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)
KUALA LUMPUR, Aug 5 (Bernama) -- Gamuda Bhd's wholly owned subsidiary, Gamuda Engineering Sdn Bhd, has been awarded a RM1.71 billion construction contract for a hyperscale data centre (DC) project in Port Dickson by a US-based multinational technology company.
KUALA LUMPUR, Aug 5 (Bernama) -- Bursa Malaysia opened slightly higher on Wednesday, tracking overnight gains on Wall Street amid optimism over a possible agreement between the United States (US) and Iran to reopen the Strait of Hormuz, an analyst said.
KUALA LUMPUR, Aug 4 (Bernama) -- Malaysian listed companies continued to make steady progress in their environmental, social and governance (ESG) performance, with the weighted average FTSE4Good ESG Score across the Main and ACE Markets rising 8.8 per cent between June 2025 and June 2026.
KUALA LUMPUR, Aug 4 (Bernama) -- Malaysia needs more companies capable of progressing from promising enterprises into national champions and eventually regional leaders, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
