Category: Market

FOREIGN BUYING SPREE CONTINUES ON BURSA MALAYSIA

KUALA LUMPUR, Foreign investors continued their buying spree on Bursa Malaysia, purchasing RM740.8 million net last week, an increase of 54.9 per cent compared to the previous week, according to MIDF Amanah Investment Bank Bhd (MIDF).

The investment…

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HONG KONG’S PICC HK RATED EXCELLENT – AM BEST

KUALA LUMPUR, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of ‘a-‘ (Excellent) of The People’s Insurance Company of China (Hong Kong) Limited (PICC HK).

In a statement, the global

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SC ISSUES PUBLIC WARNING ON DEEPFAKE INVESTMENT SCAMS

KUALA LUMPUR, The Securities Commission Malaysia (SC) today cautioned the public on investment scam tactics using deepfakes created through artificial intelligence (AI) to mimic prominent people and names of reputable companies.

In a statement, the …

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