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There are 124 news based on search keyword " damage"

Ringgit On Modest Rebound Against Greenback At Opening

By Zufazlin Baharuddin

KUALA LUMPUR, March 31 (Bernama) -- The ringgit opened slightly higher against the US dollar on Tuesday, with a modest rebound although gains remain limited, said an analyst.

Malaysia, China Seen As Asia’s More Resilient Economies Amid Energy Market Volatility

KUALA LUMPUR, March 29 (Bernama) — Malaysia and China are emerging as relatively resilient economies in Asia amid intensifying global energy market volatility due to the ongoing conflict in West Asia.

Ringgit Weakens Against US Dollar, Other Currencies amid West Asia War

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 26 (Bernama) -- The ringgit weakened against the US dollar and other currencies at Thursday’s close as uncertainties over the conflict in West Asia triggered a risk-off mode in financial markets.

Oil Prices To Hit US$66 Per Barrel In 2Q 2026 Before Year-end Recovery -- BMI

KUALA LUMPUR, March 25 (Bernama) -- Oil prices are expected to fall to US$66 per barrel in the second quarter of 2026 (2Q 2026), following a stronger performance of US$78 per barrel in the first quarter (1Q 2026), before gradually recovering towards year-end, according to BMI.

Markets In Dire Need Of Credible Signalling From Trump - Economists

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, March 24 (Bernama) -- Global markets, including the stock and currency markets in Malaysia, urgently require clear and consistent signals from United States President Donald Trump to achieve a sustained de-escalation of the conflict in West Asia and restore stability, said economists.

“Force Majeure” And Its Economic Impact

By Saraswathi Muniappan

KUALA LUMPUR, March 23 (Bernama) -- “Force majeure” is French for “major force”, and in legal parlance, this means that an extraordinary event has occurred, such as the war in West Asia, which is beyond the control of a party and excuses them from fulfilling their contract. 

IMF Warns Prolonged Energy Price Surge Could Lift Inflation

ISTANBUL, March 20 (Bernama-Anadolu) -- The International Monetary Fund (IMF) said Thursday that a sustained rise in energy prices stemming from the war in West Asia could push global inflation higher and weigh on economic output.

Asian Shares Plunge As Iran Conflict Worsens

BEIJING, March 19 (Bernama-dpa-AFX) -- Asian stocks nosedived on Thursday as rising oil prices following attacks on key energy infrastructure in West Asia rekindled concerns about inflation, interest rates, and the regional growth outlook, reported dpa-AFX.

Ringgit Opens Marginally Higher Against US Dollar Amid Cautious Sentiment

KUALA LUMPUR, March 16 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday, supported by mild dollar weakness, though persistent geopolitical uncertainties and elevated oil prices capped gains.

Strait Of Hormuz Closure Pushes Gulf Oil Inventories Towards Capacity, Pressuring Refiners

KUALA LUMPUR, March 12 (Bernama) -- The continued closure of the Strait of Hormuz following the United States (US)-Iran military escalation is pushing Gulf countries’ oil inventories toward maximum capacity, posing serious operational challenges for refiners across the region.

Global Aviation Accident Rate Improves In 2025 Despite Higher Fatalities - IATA

KUALA LUMPUR, March 9 (Bernama) -- The International Air Transport Association (IATA) reported that in 2025, the global all-accident rate improved to 1.32 accidents per million flights (one accident per 759,646 flights), better than the 1.42 recorded in 2024 but slightly above the 2021–2025 five-year average of 1.27.

Ringgit Opens Lower As Oil Surge Boosts US Dollar

KUALA LUMPUR, March 9 (Bernama) -- The ringgit opened lower against the US dollar on Monday as heightened risk aversion strengthened the greenback after Brent crude oil prices surged 15.5 per cent to US$107.04 per barrel, an analyst said.