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KUALA LUMPUR, March 2 (Bernama) -- The United States-Iran conflict could result in Brent crude prices posting a “knee-jerk” move of US$15-US$20 per barrel (bbl) (US$1=RM3.89) from the latest close, potentially lifting it towards the US$90 bbl level, said Public Investment Bank Bhd (Public IB).
KUALA LUMPUR, March 2 (Bernama) – The economic impact on Malaysia from the latest conflict in the Middle East could remain contained if tensions do not prolong, although near-term market volatility cannot be ruled out, economists said.
PUTRAJAYA, March 1 (Bernama) -- The government will try to maintain the price of RON95 petrol for Malaysians at the current level of RM1.99 per litre despite global market uncertainty due to the conflict in the Middle East, said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, March 1 (Bernama) -- Gulf national oil companies are unlikely to declare force majeure pre-emptively amid elevated geopolitical risks in the Middle East, following the reported sea traffic disruptions in the Strait of Hormuz, said SPI Asset Management managing partner Stephen Innes today.
By Harizah Hanim Mohamed & Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, March 1 (Bernama) -- Global markets turned cautious on Sunday following the latest United States military action against Iran, with economists warning that heightened geopolitical risks due to the situation in the Middle East could reinforce risk-off sentiment and affect oil prices, the ringgit, and trade flows, said analysts.
By Nur Fadhliana Shaari
JOHOR BAHRU, Feb 28 (Bernama) -- The government will examine the impact on the country’s economy following attacks by Israel and the United States on Iran, said Economy Minister Akmal Nasruallah Mohd Nasir.
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, Feb 28 (Bernama) -- The rubber market is expected to trend up next week with demand possibly outstripping supply amid the wintering season of rubber trees, industry expert Denis Low said.
KUALA LUMPUR, Feb 27 (Bernama) -- TimeLine Auctions, the British saleroom renowned for expertise in museum-level antiquities, will present a major Antiquities & Ancient Art Auction on March 3 (Day One).
KUALA LUMPUR, Feb 25 (Bernama) -- Newly listed Teamstar Bhd plans to expand its footprint by opening 10 additional retail outlets in Malaysia by 2028 on top of its existing 29 outlets nationwide.
KUALA LUMPUR, Feb 22 (Bernama) -- Small and medium enterprises (SMEs) are urged to use the current economic stability, underpinned by a stronger ringgit, to strengthen their institutions and secure sustainable growth over the next five years, rather than pursue rapid expansion.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Feb 21 (Bernama) -- The Malaysian rubber market is expected to trend upward next week, as heavy rainfall continues to persist across key producing regions, adversely affecting rubber productivity, an industry expert Denis Low said.
KUALA LUMPUR, Feb 20 (Bernama) -- The ringgit opened higher against the US dollar on Friday as traders turned cautious amid escalating geopolitical tensions, an analyst said.
