UAE Leaves OPEC And OPEC+ In Huge Blow To Global Oil Producers' Group

KUALA LUMPUR, April 28 (Reuters) -- The United Arab Emirates said on Tuesday it quit OPEC and OPEC+, dealing a heavy blow to the oil exporting groups and their de facto leader, Saudi Arabia, at a time when the Iran war has caused a historic energy shock and unsettled the global economy.

Global Oil Prices Rise On Knee-jerk Reaction Following UAE's Exit From OPEC, OPEC+ 

KUALA LUMPUR, April 28 (Bernama) -- Global crude oil prices rose in a knee-jerk reaction following news that the United Arab Emirates (UAE) has left the Organisation of the Petroleum Exporting Countries (OPEC) and the broader OPEC+ alliance.

CPO Futures Close Mixed Despite Higher Crude Oil Prices

By K. Naveen Prabu

KUALA LUMPUR, April 28 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed mixed today, despite higher crude oil prices, a trader said.

Avaland Unit Acquires Taman U-Thant Land For RM86 Mln

KUALA LUMPUR, April 28 (Bernama) -- Avaland Bhd’s wholly owned subsidiary Nexus Advertising Sdn Bhd has entered into a conditional sale and purchase agreement with Tong Ah Company Sdn Bhd to acquire freehold land at Taman U-Thant here for RM86.04 million.

MDEC Marks 30th Anniversary With Programmes To Advance AI-driven Digital Economy

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, April 28 (Bernama) -- The Malaysia Digital Economy Corporation (MDEC) is rolling out a series of programmes aimed at strengthening Malaysia’s digital economy and advancing its transition into an artificial intelligence (AI)-driven nation.

Biofuel Committee Established To Accelerate National Energy Security Agenda - Akmal

KUALA LUMPUR, April 28 (Bernama) -- The government has established a high-level biofuel committee to coordinate and accelerate the implementation of the national energy security agenda, said Economy Minister Akmal Nasrullah Mohd Nasir.

ASNB Launches Pandu Impianmu 2.0 Campaign With Prizes Worth RM875,000

KUALA LUMPUR, April 28 (Bernama) -- Amanah Saham Nasional Bhd (ASNB), a wholly-owned subsidiary of Permodalan Nasional Bhd (PNB), has launched the Pandu Impianmu 2.0 Campaign offering prizes worth RM857,000.

Khazanah, SC Price Malaysia’s First RM100 Mln tokenised Sukuk

KUALA LUMPUR, April 28 (Bernama) -- Khazanah Nasional Bhd, in partnership with the Securities Commission Malaysia (SC), has priced Malaysia’s first tokenised sukuk with a nominal value of RM100 million.

Malaysia's Rising MHIT Costs Mainly Driven By Higher Healthcare Use -- World Bank

KUALA LUMPUR, April 28 (Bernama) -- Cost pressures in Malaysia’s medical and health insurance/takaful (MHIT) sector are driven mainly by higher utilisation of healthcare services and misaligned incentives, rather than sharp increases in treatment prices, according to a World Bank Group report.

Ringgit Closes Higher Against Major, Regional Currencies

By Abdul Hamid A Rahman

KUALA LUMPUR, April 28 (Bernama) -- The ringgit closed higher against major and regional currencies but was flat against the US dollar today amid cautious sentiments over rising crude oil prices.

Bursa Malaysia Ends At Intraday High On Improved Local Sentiment

KUALA LUMPUR, April 28 (Bernama) -- Bursa Malaysia rose 0.71 per cent to end at the day’s high on the back of improving local sentiment and selective buying in index-linked counters following the recent pullback.

KLCCP Stapled Group Optimistic On Sustaining Growth In 2026 Amid Rising Economic Uncertainties

KUALA LUMPUR, April 28 (Bernama) -- KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (KLCC REIT), collectively known as KLCCP Stapled Group, remain optimistic on sustaining their positive performance in 2026 amid rising economic uncertainties.