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Oil Rebounds As Markets Track US-Iran Ceasefire, Hormuz Situation

KUALA LUMPUR, April 9 (Bernama) -- Oil prices rebounded towards US$100 per barrel amid lingering uncertainty over the two-week United States-Iran ceasefire and Iran’s renewed closure of the Strait of Hormuz following Israeli strikes on Lebanon.

BUDI95 Is Seen As A Right Step In Targeted Fuel Subsidy Reform For Malaysia -- World Bank

KUALA LUMPUR, April 9 (Bernama) -- Malaysia’s targeted fuel subsidy reform under BUDI MADANI RON95 (BUDI95) is a step in the right direction amid the West Asia crisis as the government seeks to better manage fiscal pressures while ensuring subsidies are distributed more efficiently.

Malaysia Does Not Need Stimulus Amid West Asia Crisis -- World Bank

KUALA LUMPUR, April 9 (Bernama) -- Malaysia does not need stimulus amid the West Asia crisis, said the World Bank’s lead economist for Malaysia, Apurva Sanghi.

RegASK Partners Veeva To Bring AI-Driven Regulatory Intelligence To RIM

KUALA LUMPUR, April 9 (Bernama) -- RegASK has partnered with Veeva Systems to integrate its agentic artificial intelligence (AI) capabilities with Veeva’s Regulatory Information Management (RIM) system, enabling life sciences organisations to connect near-real-time regulatory insights with core compliance workflows.

Vistra Names Damian Leach As Chief AI & Digital Officer

KUALA LUMPUR, April 9 (Bernama) -- Vistra has announced the appointment of Damian Leach as its Chief AI & Digital Officer, a pivotal new leadership role focused on accelerating the group’s transformation into a digitally enabled, artificial intelligence (AI)-powered professional services organisation.

Cloudera Advances Hybrid Data, AI Platform To Cut Costs, Boost Scale

KUALA LUMPUR, April 9 (Bernama) -- Cloudera has announced significant advancements to its hybrid data and artificial intelligence (AI) platform, aimed at helping enterprises modernise infrastructure, reduce costs and accelerate analytics and AI across their data environments.

Bursa Malaysia Lower At Midday

KUALA LUMPUR, April 9 (Bernama) -- Bursa Malaysia ended the morning trading session lower despite positive Wall Street performance overnight as negotiations in West Asia appeared to stall less than a day after a ceasefire agreement was reached.

World Bank Raises Malaysia’s 2026 Growth Forecast To 4.4 Pct On Strong Domestic Demand

KUALA LUMPUR, April 9 (Bernama) -- The World Bank Group has raised Malaysia’s economic growth forecast for 2026 to 4.4 per cent from 4.1 per cent, citing resilient domestic demand, its lead economist for Malaysia, Apurva Sanghi, said.

Labuan FSA To Launch Five-year Blueprint To Boost Islamic Finance

LABUAN, April 9 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) is set to launch a new five-year blueprint by the end of this year or early next year, with a strategic focus on strengthening Islamic finance and the digital economy.

Penang-Chongqing Direct Flight Boosts Market Presence In China, Regional Exchanges -- Wong

GEORGE TOWN, April 9 (Bernama) -- The new direct flight between Penang and Chongqing underscores the state’s strategic efforts to strengthen its presence in the China market and further enhance air connectivity with Western China, injecting fresh momentum into regional tourism and economic exchanges.

High Jet Fuel Prices Likely To Spark Structural Shakeout In Airline Industry - Aviation Experts

By Kisho Kumari Sucedaram

KUALA LUMPUR, April 9 (Bernama) -- Rising fuel prices can precipitate a structural shakeout in the airline industry via consolidation, as well as signal the demise of weak and badly run airlines, an aviation analyst warned today.

KLCI Futures Lower In Early Trade

KUALA LUMPUR, April 9 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened lower on Bursa Malaysia Derivatives on Thursday.