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Xora Appoints Eric Rosenblum As General Partner To Expand US Presence, AI Investments

KUALA LUMPUR, April 9 (Bernama) -- Xora Innovation (Xora), an early-stage artificial intelligence (AI) and deep tech venture firm backed by Temasek, has appointed Eric Rosenblum as General Partner to strengthen its presence in the United States (US) and accelerate investments in AI infrastructure, Applied AI, and deep tech companies.

Contractors Urge VOP Revival, EOT As Costs Surge

IPOH, April 9 (Bernama) -- The government has been urged to take immediate steps, including reinstating the Variation of Price (VOP) mechanism for construction materials, to help contractors grappling with rising costs driven by the global energy crisis.

iHerb Partners k2o To Expand Global Distribution Of Drink Mixes

KUALA LUMPUR, April 9 (Bernama) -- iHerb, one of the world's largest online retailers specialising in health and wellness, has announced an exclusive international partnership with k2o, founded by Kylie Jenner.

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.

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.