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Global Air Cargo Demand Falls By 4.8 Pct In March - IATA

KUALA LUMPUR, April 29 (Bernama) -- Global demand for international air cargo, measured in cargo tonne-kilometres (CTK), fell by 4.8 per cent in March this year compared with March 2025 levels (-5.5 per cent for international operations), said the International Air Transport Association (IATA).

Ascend Airways Malaysia Unaffected By UK Unit's Wind-down

KUALA LUMPUR, April 29 (Bernama) -- Ascend Airways Malaysia Sdn Bhd has clarified that its operations remain unaffected by developments involving its United Kingdom (UK)-based counterpart, Ascend Airways Ltd.

Gold Futures Close Lower In Line With US COMEX

KUALA LUMPUR, April 29 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today, following the weaker performance of gold futures in the US COMEX.

Ringgit Closes Higher Vs US Dollar, Regional Currencies

By Abdul Hamid A Rahman

KUALA LUMPUR, April 29 (Bernama) -- The ringgit closed higher against the US dollar and regional currencies, due to easing crude oil concerns following the United Arab Emirates’ (UAE) exit from the Organization of the Petroleum Exporting Countries (OPEC) pact.

Bursa Malaysia Ends Lower On Profit-Taking In Oil-Related Counters

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 29 (Bernama) -- Bursa Malaysia ended on a softer note today, as investors took profit in oil-related counters following news of the United Arab Emirates’ (UAE) decision to withdraw from the Organisation of the Petroleum Exporting Countries (OPEC) and its allies.

MOF Mulls More Targeted Diesel Subsidy Mechanism For Sabah, Sarawak -- Fahmi

KUALA LUMPUR, April 29 (Bernama) -- The Ministry of Finance (MOF) is studying the implementation of a more targeted diesel subsidy mechanism, similar to BUDI95, for Sabah and Sarawak, said MADANI government spokesperson Datuk Fahmi Fadzil.

HOK Strengthens Sports, Recreation And Entertainment Practice With ROSSETTI Acquisition

KUALA LUMPUR, April 29 (Bernama) -- HOK has announced the acquisition of ROSSETTI, a Detroit-based architecture firm, to strengthen its position as one of the leading sports, recreation and entertainment design practices.

Anaqua Expands IP Management Platform With Patrix Acquisition

KUALA LUMPUR, April 29 (Bernama) -- Anaqua, an innovation and intellectual property (IP) management technology and services provider, has announced the acquisition of Patrix, welcoming about 400 IP management software (IPMS) customers into its client community.

JPMorganChase Named First Olympic Games Banking Partner

KUALA LUMPUR, April 29 (Bernama) -- United States (US)-based financial services firm, JPMorgan Chase & Co (JPMorganChase) and The International Olympic Committee (IOC) have announced a landmark Worldwide Olympic Partnership, making JPMorganChase the first Global Banking Partner in Olympic history.

Bursa Malaysia Ends Morning Session Lower

KUALA LUMPUR, April 29 (Bernama) -- Bursa Malaysia ended the morning session lower, tracking regional peers as investor sentiment was dented following reports of the United Arab Emirates’ (UAE) move to exit the Organisation of the Petroleum Exporting Countries and its allies (OPEC+).

Energy Transition Accelerates As Trillions In Investments Fuel Global Shift

KUALA LUMPUR, April 29 (Bernama) -- Energy transition efforts worldwide continue to gain momentum, despite an increasingly complex geopolitical landscape, with investment estimated to have reached US$3.3 trillion (US$1 = RM3.95) last year.

Ringgit Opens Higher Against US Dollar, Mixed Versus Peers

KUALA LUMPUR, April 29 (Bernama) -- The ringgit strengthened against the US dollar but was mixed against other currencies in early trade today, amid cautious sentiment over oil price volatility and developments in the Strait of Hormuz, an analyst said.