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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.

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. 

Budget Reassessment Reasonable If Rising Fuel Subsidy Spending Persists -- Economist

PUTRAJAYA, April 10 (Bernama) -- It would be reasonable to reassess the budget if the government continues to see a drastic increase in BUDI MADANI RON95 (BUD95) subsidy spending, according to an economist.

Bursa Malaysia Slightly Higher At Midday

KUALA LUMPUR, April 10 (Bernama) -- Bursa Malaysia ended the morning trading session slightly higher, lifted by buying interest in banking stocks led by Public Bank and CIMB. 

Apex Securities Maintains 2026 GDP Forecast At 4.7 Pct, In Line With BNM Projection Range

KUALA LUMPUR, April 10 (Bernama) -- Apex Securities Bhd maintains its 2026 gross domestic product (GDP) forecast at 4.7 per cent year-on-year, which remains in line with Bank Negara Malaysia’s (BNM) 4.0-5.0 per cent projection range.

US$50 Bln In Financial Support Needed As West Asia Conflict Tests Global Economy - IMF

KUALA LUMPUR, April 10 (Bernama) -- The global economy is facing renewed strain from the ongoing conflict in West Asia, with up to US$50 billion (US$1 = RM3.98) in financial support potentially needed to help vulnerable countries weather the shock, according to the International Monetary Fund (IMF).

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.

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.

RHB Bank Intensifies Support For SMEs To Strengthen Business Resilience

KUALA LUMPUR, April 8 (Bernama) -- RHB Bank Bhd (RHB) is intensifying its support for small and medium enterprises (SMEs) through a comprehensive suite of financial assistance and sustainable financing solutions.

Islamic Banking Industry Remains Resilient Amid West Asia Uncertainties -- AIBIM

KUALA LUMPUR,  April 8 (Bernama) -- Malaysia’s Islamic banking industry remains resilient, supported by strong capital and liquidity positions, amid uncertainties in West Asia, said the Association of Islamic Banking and Financial Institutions Malaysia (AIBIM).

IATA Expects Gradual Aviation Recovery In Gulf Amid Latest Development In West Asia

SINGAPORE, April 8 (Bernama) -- The International Air Transport Association (IATA) anticipates a gradual recovery for the aviation industry within a few months, particularly in the Gulf region, amid the recent developments in conflicts in West Asia.

Bank Muamalat Offers Temporary Financial Resilience Assistance To Support Customers

KUALA LUMPUR, April 8 (Bernama) -- Bank Muamalat Malaysia Bhd is offering targeted financial assistance to support customers facing temporary financial pressures arising from global uncertainties, including recent developments in West Asia.