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Kenanga IB Keeps Distributive Trade Forecast At 6.1 Pct Amid Energy-driven Downside Risks

KUALA LUMPUR, April 10 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) maintained its 2026 distributive trade forecast at 6.1 per cent, though downside risks from the ongoing energy crisis may warrant a downward revision.

Ringgit Closes Higher Against Major, ASEAN Currencies

By Abdul Hamid A Rahman

KUALA LUMPUR, April 10 (Bernama) -- The ringgit swept higher against major and ASEAN currencies on the last trading day of the week, supported by sustained buying interest amid cautious optimism over developments in West Asia.

Magna AI, Corvit Networks Partner To Advance AI Development In Pakistan

KUALA LUMPUR, April 10 (Bernama) -- Magna AI Inc, a global artificial intelligence (AI) transformation company, has announced the signing of a memorandum of understanding (MoU) with Corvit Networks (Pvt.) Ltd to accelerate national AI development in Pakistan.

Rubber Market Ends Mixed For Third Straight Day

KUALA LUMPUR, April 10 (Bernama) -- The Kuala Lumpur rubber market ended mixed for the third consecutive day on Friday, tracking regional rubber futures, said a dealer.

Bursa Malaysia Closes Broadly Higher, Led By Tech, Property And Construction Stocks

By Siti Radziah Hamzah

KUALA LUMPUR, April 10 (Bernama) -- Bursa Malaysia closed broadly higher, with buying momentum seen mainly in technology, property and construction stocks.   

ICHAM Launches Open-Ended VCC Fund Focuses On Autocall Structured Products

KUALA LUMPUR, April 10 (Bernama) -- ICHAM Pte Ltd (ICHAM), a regional multi-family office and asset manager, has launched a new open-ended Singapore Variable Capital Company (VCC) fund focused on autocall structured products, available exclusively to accredited and institutional investors.

Mavenir Selected To Modernise RINA Wireless Cloud-Native Voice Core

KUALA LUMPUR, April 10 (Bernama) -- Mavenir, the cloud-native software company, announced that RINA Wireless, the Rural Independent Network Alliance, has selected the company to modernise its voice core, deploying IMS, VoLTE, VoWiFi, and voicemail solutions as part of a multi-vendor equipment swap.

iFLYTEK Showcases AI Translation Devices At GITEX ASIA 2026

KUALA LUMPUR, April 10 (Bernama) -- iFLYTEK showcased its latest artificial intelligence (AI) translation devices, including AI Glasses and the AI Interpret Mic, at GITEX ASIA 2026, highlighting its expanding portfolio of AI-powered communication solutions.

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

LABUAN, April 10 (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.

Asian Development Bank Forecasts Malaysia’s Economy To Grow 4.6 Pct In 2026

KUALA LUMPUR, April 10 (Bernama) -- Asian Development Bank (ADB) projects Malaysia’s economy to grow by 4.6 per cent in 2026 and 4.5 per cent in 2027.

AirAsia X Passengers Increase to 18.9 Million In The First Quarter Of 2026

KUALA LUMPUR, April 10 (Bernama) -- AirAsia X Bhd announced its consolidated air operating certificates (AOCs) have carried about 18.9 million passengers in the first quarter of 2026 (1Q2026), up by nine per cent year-on-year (y-o-y) driven by a surge in domestic demand. 

Horizon Quantum Advances Quantum Push With IonQ Deal

KUALA LUMPUR, April 10 (Bernama) -- Horizon Quantum Holdings Ltd (Horizon Quantum), a pioneer of software infrastructure for quantum applications, has entered into a strategic agreement with IonQ, a quantum platform company.