City Kuala Lumpur Financial News

Peng Zhong, the chief executive officer of Ignite — formerly Tendermint and backer of the Cosmos ecosystem — has announced he will be leaving the firm.

Renewed hostilities between Thailand and Cambodia are a wake-up call for Southeast Asia about the costs of letting historical border disputes fester. The century-old conflict, rooted in colonial-era cartography, is flaring at a time when the region is already straining from US President Donald Trump’s trade war and intensifying rivalry between the US and China.Fighting erupted last week along their shared frontier and so far has killed at least 11 people.

Subscribe to enjoy similar stories. Mumbai: Kuala Lumpur-based private equity firm Creador has acquired a 7% stake in La Renon Healthcare from the promoter and existing investor Peak XV Partners for an undisclosed sum, the companies said in a statement on Monday. Creador’s purchase of shares from Peak XV comes about a decade after the venture capital firm first invested in the company.

Ocean Infinity in a “no-find, no-fee” mission to solve aviation’s greatest mystery. The operation targets a newly identified 5,800-square-mile zone in the remote Indian Ocean, leveraging upgraded underwater robotics and seabed mapping tools. Ocean Infinity, which failed to locate the plane during a 2018 search, could earn $70 million if successful. Experts warn the mission faces extreme risks, from 60-foot waves to logistical nightmares in one of Earth’s most isolated regions.

Malaysia Airlines Flight MH370 has resumed, marking another effort to solve one of aviation's greatest mysteries. Malaysia has agreed to terms and conditions of an agreement with Ocean Infinity to resume the search for the wreckage of the missing Malaysia Airlines flight MH370, its transport minister said on Wednesday. The decision will enable commencement of seabed search operations in a new location estimated to cover 15,000 square km in the southern Indian Ocean, based on a «no find, no fee» principle, minister Loke Siew Fook said in a statement. The firm will receive $70 million if the wreckage is successfully located, he said. The aircraft vanished on 8 March 2014 while flying from Kuala Lumpur to Beijing with 239 people on board. Now, nearly 11 years later, Ocean Infinity has launched a fresh search in the Indian Ocean, 1,500 km off the coast of Perth, Australia.

Sergei Shoigu landed in Beijing on Friday, Russian news agencies reported, for a flying visit to meet China's top leadership. «During the one-day visit, he is scheduled to meet with Chinese President Xi Jinping… and Foreign Minister of the People's Republic of China Wang Yi,» TASS said.

Subscribe to enjoy similar stories. Gurugram: On the night of 6 December 2024, when Indigo Airlines flight 6E 1032 touched down in Chennai from Kuala Lumpur, it unloaded an unusual piece of luggage: nearly 5,200 red-eared slider turtles huddled in boxes, each smaller than the size of a palm.

Malaysia-India Defence Cooperation Committee (MIDCOM) took place in Kuala Lumpur on Wednesday and was co-chaired by Defence Secretary Rajesh Kumar Singh and Secretary General of Ministry of Defence of Malaysia, Lokman Hakim Bin Ali, the Ministry of Defence noted.

Singapore where 12 flights were diverted to regional airports due to intense monsoon since Friday, the airport operator said on Tuesday. «The flights, operated by various airlines, were from destinations such as Bangkok, Jakarta, Phuket and Shanghai,» the Changi Airport Group told PTI.

Japan and Indonesia have pledged to deepen economic and defense ties during a visit by the Japanese prime minister

Malaysia has gorgeous attractions, including both marvellous cities and beautiful coastlines, rainforests, and multiethnicity. From enjoying the tall and prestigious structure of the Petronas Twin Tower in Kuala Lumpur to the mountainous trails of the Cameron Highlands or the scenic dive in Sipadan Island, having the right travel insurance for Malaysia is crucial.

Malaysia and Singapore leaders have signed an agreement to create a special economic zone to attract global investment and ease the cross-border flow of goods and people

India vs Pakistan women's U19 T20 Asia Cup LIVE Score: The India U-19 women's team will be facing Pakistan U-19 women's team for the first time when they face off in the T20 Asia Cup in Kuala Lumpur on Sunday. This is the first time an U-19 women's Asia Cup is being played. A total of six teams are taking part in the competition.

Customs officers at the Indira Gandhi International Airport on November9 caught a man carrying 7.321 Kg of suspected Heroin worth Rs 29.28 crore at Terminal 3. The passenger arrived to Delhi from Bangkok via Kuala Lumpur.

Virat Kohli turned 36 on Tuesday. With a stellar career spanning over 15 years, Virat Kohli has cemented his position as one of the greatest cricketers of all time. His impressive records and numerous awards are a testament to his dedication and hard work. Let's dive into his impressive records and achievements across all formats. From the days of a being a young, spike-haired prodigy who led India to an iconic ICC U19 World Cup title win at Kuala Lumpur to 2008, Virat has proven himself to be an epitome of consistency, hardwork, top-level fitness, dedication, aggression and various other traits a top-class sportsperson would have.

Kuala Lumpur, 30 September 2024 — ETHKL, Malaysia’s premier Ethereum and blockchain community-building initiative, is excited to announce ETHKL 2024, set to take place from October 4-6 at the Kuala Lumpur Convention Centre. The event will unite a diverse mix of regulators, government representatives, Web3 startups, international and local enterprises, and blockchain enthusiasts to explore the future of blockchain in Malaysia and strengthen the country’s role as a global Web3 player.

South China Morning Post, the Hong Kong daily, reported that the Malaysian Retailers Association has publicly called on Kuala Lumpur to significantly raise duties on imported goods costing $115 or less from the 10% levy imposed in January. The retailer’s association estimates it is losing 30% of its business to e-commerce portals selling goods shipped in from China. “Because we have not tightened up any rules or regulations, Malaysia has become a dumping ground for excess capacity from China," Ameer Ali Mydin of the Malaysian Retailers Association told the newspaper.

Icra Ltd. This, he said, was largely attributable to rising demand for international travel for leisure, jobs—primarily in the Middle East—and studies. India's aviation market—the world's third largest and also the fastest growing—is on the cusp of a boom as the economy expands and incomes rise, prompting airlines to add capacity.

Indian tourist who was swallowed by a sinkhole in Malaysia's capital entered a seventh day on Thursday, with the operation hampered by strong undercurrent flows and worries about oil instability after a second sinkhole emerged nearby. Vijaya Lakshmi Gali, 48, was walking along a road in the Dang Wangi area in Kuala Lumpur on August 23 when the pavement beneath her suddenly collapsed. She plunged into the 8-metre-deep (26-foot-deep) sinkhole and disappeared. Rescuers have found no trace of her so far except her slippers. The search operation has involved flushing through portions of the drain system, using high-pressure water jets and excavators to remove debris, tracker dogs as well as remote cameras and ground penetrating radars to map inaccessible areas. Nor Hisham Mohammad, deputy director of the Malaysian Fire and Rescue Department, said the search will continue. He said scuba divers may be sent into the sewage tunnel to check on an obstacle that was detected if conditions are safe. Two divers entered early Thursday but it was too dangerous and they were pulled out before they could reach the obstacle.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

MH370 flight mystery has been surrounded by a number of claims and conspiracy theories. However, in spite of the searches, the missing plane couldn't be tracked. Now, an Australian researcher has claimed to detect what he called «perfect hiding place» for Malaysia Airlines MH370 flight. An adjunct researcher at the University of Tasmania Vincent Lyne has claimed that MH370 flight disappeared in the south-eastern Indian Ocean's 20,000ft-deep oceanic plateau «hole» — Broken Ridge. Malaysia Airlines plane MH370 flight with 239 on board went off the radar as the Boeing 777 aircraft flew over Vietnam's airspace during the scheduled journey to Beijing from Kuala Lumpur.