SkyDrive Teams Up With Six Singapore Tech Firms On eVTOL

KUALA LUMPUR, Oct 30 (Bernama) -- Japanese electric vertical take-off and landing (eVTOL) aircraft developer, SkyDrive Inc has signed a memorandum of understanding (MOU) with six Singapore-based technology companies for joint research, development and technical validation of key eVTOL components.

South Korea’s KB Insurance Ratings Affirmed Excellent - AM Best

KUALA LUMPUR, Oct 30 (Bernama) -- Global credit rating agency, AM Best has affirmed South Korea’s KB Insurance Co Ltd (KBI) financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent), with a stable outlook.

Linyi Trade City Initiative To Ease Supply Chain Access For Malaysian Businesses

By Norhayati Mohd Akhir

LINYI (Shandong) Oct 30 (Bernama) -- Malaysian businesses will now have more efficient access to supply chains in China following Linyi Trade City Group's move to introduce the Market Procurement + Global Partners Initiative, backed by the integration of logistics, customs and financial services under a unified service platform.

Bursa Malaysia Slips After Higher Opening

KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia slipped into negative territory on Friday after opening slightly higher, tracking weaker overnight sentiment on Wall Street amid disappointing technology earnings.

Ringgit Opens Higher Against US Dollar For 10th Consecutive Day

KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit opened higher against the US dollar for the 10th consecutive trading day on Friday, reflecting sustained positive sentiment towards the local currency at the start of trading.

Govt Plans To Reform Development Expenditure Allocation Based On States’ Needs

KUALA LUMPUR, Oct 30 (Bernama) -- The government plans to reform federal development expenditure by moving away from a historical spending-based approach towards a model that prioritises equity and efficiency to narrow regional productivity gaps.

CPO Futures End Lower, Tracking Sell-Offs In Dalian Palm Olein

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 29 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower today, tracking sell-offs in refined, bleached and deodorised (RBD) palm olein futures on the Dalian Commodity Exchange (DCE).

Anwar Urges Bursa Malaysia To Help More Local Firms Become Regional Champions

KUALA LUMPUR, Oct 29 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has called on Bursa Malaysia Bhd to help more Malaysian companies grow into regional champions, saying too many promising businesses remain small for too long.

Sukuk Dissolution Event Does Not Require Immediate Full Repayment, Says Zetrix AI

KUALA LUMPUR, Oct 29 (Bernama) -- Zetrix AI acknowledges that a dissolution event had been triggered under its Sukuk Wakalah Programme following a breach of a covenant requiring Wong Thean Soon to remain its single largest shareholder.

SKA Capital’s ACE Market IPO Oversubscribed 80.42 Times

KUALA LUMPUR, Oct 29 (Bernama) -- SKA Capital Bhd's initial public offering (IPO) has been oversubscribed by 80.42 times ahead of its listing on the ACE Market of Bursa Malaysia slated on Nov 11, 2026.

JF Tech Proposes Bonus Issue Of Up To 388.01 Mln Free Warrants

KUALA LUMPUR, Oct 29 (Bernama) -- JF Technology Bhd (JF Tech) has proposed a bonus issue of up to 388.01 million free warrants on the basis of two warrants for every five existing shares held by eligible shareholders.

Gold Futures End Lower, Tracking COMEX Losses

KUALA LUMPUR, Oct 29 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Thursday, tracking losses on the US Commodity Exchange (COMEX).