KUALA LUMPUR, April 16 (Bernama) – Malaysia’s ability to negotiate with Iran to secure safe passage for its crude oil imports through the vital Strait of Hormuz is not indicative of a failure of the principles of international maritime law, but rather reflects the reality that rights under law often require diplomatic backing, said a logistics expert.
PUTRAJAYA, April 16 (Bernama) -- Malaysia and Australia have reaffirmed their commitment to ensuring stable and resilient energy supplies, with both leaders Prime Minister Datuk Seri Anwar Ibrahim and Anthony Albanese stressing the importance of open and predictable trade flows amid global uncertainties.
KUALA LUMPUR, April 15 (Bernama) -- Malaysia and Singapore are continuing to pursue stronger bilateral and regional cooperation in the energy sector, particularly renewable energy, to boost regional resilience and sustainability.
KUALA LUMPUR, April 15 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures traded higher at the opening on Bursa Malaysia Derivatives on Wednesday.
KUALA LUMPUR, April 14 (Bernama) -- The government has agreed to increase the biodiesel blend rate from B10 to B15, beginning with B12, in order to further sustain the country’s diesel supply following the crisis in West Asia.
By Danni Haizal Danial Donald
KUALA LUMPUR, April 14 (Bernama) -- Bursa Malaysia ended Tuesday’s trading session higher, in line with gains across regional markets, as sentiment improved on expectations of potential peace talks between the United States (US) and Iran.
KUALA LUMPUR, April 14 (Bernama) -- Abaxx Technologies Inc (Abaxx) announced that its subsidiary, Abaxx Exchange, has registered as an Organised Market Place (OMP) with the European Union Agency for the Cooperation of Energy Regulators (ACER) as of April 8.
KUALA LUMPUR, April 14 (Bernama) -- The ringgit jumped 135 basis points to rebound to the 3.96 level against the US dollar at the opening today, supported by improved global risk sentiment amid expectations of a potential second-round negotiation between the US and Iran.
By Danni Haizal Danial Donald
KUALA LUMPUR, April 13 (Bernama) -- Bursa Malaysia closed lower on Monday, tracking weaker regional market performance after Iran-United States talks ended in a stalemate, prompting Washington to proceed with plans to blockade the Strait of Hormuz and escalating geopolitical tensions.
KUALA LUMPUR, April 13 (Bernama) -- Bursa Malaysia ended the morning trading session lower, in line with regional market losses, as sentiment remained volatile amid ongoing developments in the Strait of Hormuz.
KUALA LUMPUR, April 13 (Bernama) -- Foreign institutions extended their net buying streak to three consecutive weeks, recording RM470.3 million in net inflows, according to MBSB Investment Bank Bhd (MBSB IB).
KUALA LUMPUR, April 13 (Bernama) -- Tenaga Nasional Bhd (TNB) is actively operationalising its roadmap to achieve 70 per cent renewable energy (RE) capacity by 2050, chief sustainability officer Leo Pui Yong said.
