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.

BNM Appoints Ahmad Fauwaz Fadzil To Shariah Advisory Council

KUALA LUMPUR, Oct 30 (Bernama) -- Bank Negara Malaysia (BNM) has appointed Ahmad Fauwaz Fadzil as a new member of the Shariah Advisory Council (SAC) for a two-year term, effective Nov 1, 2026.

Penang Tech Financial Centre To Capitalise On Geopolitical Shifts, AI Supercycle – Chow

GEORGE TOWN, Oct 30 (Bernama) -- The establishment of the Penang Technology Financial Centre (PTFC) positions the state strategically to capitalise on global geopolitical shifts and the artificial intelligence (AI) supercycle, further accelerating growth in the semiconductor and electrical and electronics sectors.

SD Guthrie Shares Up In Early Trade After Land Disposal, JV Deal

KUALA LUMPUR, Oct 30 (Bernama) -- SD Guthrie Bhd’s shares rose in early trade after the company disposed of 657.09 hectares in Bukit Kerayong, Selangor, to Bukit Kerayong Industrial Developments (BKID) for RM933.57 million.

Axis REIT Shares Up In Early Trade On Stronger 3Q Performance

KUALA LUMPUR, Oct 30 (Bernama) -- Axis Real Estate Investment Trust (REIT) shares rose in early trade following a stronger performance in the third quarter (3Q) ended Sept 30, 2026.

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.

Zetrix AI Most Active Stock In Early Trade

KUALA LUMPUR, Oct 30 (Bernama) -- Zetrix AI Bhd was the most active counter in early trade today, after receiving an additional income tax assessment from the Inland Revenue Board (IRB).

KLCI Futures Lower At Early Trade

KUALA LUMPUR, Oct 30 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives opened lower on Friday.

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.

TSH Resources Finds No Business Links To 10 Indonesian Firms Named By Singapore NEA

KUALA LUMPUR, Oct 29 (Bernama) -- TSH Resources Bhd said its review of records to date has not identified any business relationship with any of the 10 companies named by Singapore’s National Environment Agency (NEA) regarding forest and peatland fires in Indonesia.