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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.
TOKYO, March 23 (Bernama-dpa) -- Asian markets opened sharply lower on Monday following an ultimatum from US President Donald Trump to Iran, reported Geman Press Agency (dpa).
JAKARTA, March 20 (Bernama) -- Indonesia plans to increase coal production in response to rising global oil prices, Coordinating Minister for Economic Affairs Airlangga Hartarto said.
KUALA LUMPUR, March 20 (Bernama) — Asia-Pacific economies now face rising risks of physical shortages, not only of energy, following the latest Iranian attack on Qatar’s Ras Laffan LNG facilities, including oil and gas but also of fertilisers and, by extension, potentially food later in the year.
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.
KUALA LUMPUR, March 19 (Bernama) -- Oil prices could hit US$120 (US$1=RM3.93) per barrel if Iranian authorities act on their implied threat to strike on five facilities across Saudi Arabia, the United Arab Emirates (UAE) and Qatar, with Asia bearing the brunt given its dependence on Qatari volumes, according to an analyst.
By Danni Haizal Danial Donald
KUALA LUMPUR, March 19 (Bernama) -- The ringgit eased against the US dollar at Thursday’s close following the United States Federal Reserve’s (Fed) decision to keep interest rates unchanged, providing support to the greenback.
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, March 19 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Thursday, as the West Asia conflict influenced crude oil prices, prompting profit-taking activities, a trader said.
KUALA LUMPUR, March 19 (Bernama) -- Global Water Intelligence (GWI) DesalData, a global desalination and water reuse market intelligence platform, projected that the Middle East's desalination project pipeline will remain largely intact despite the ongoing regional conflict involving Iran.
LABUAN, March 18 (Bernama) -- The Labuan Freight Forwarders Association (LFFA) has expressed optimism over the performance of Megah Port Management Sdn Bhd (MPM) in managing and handling operations at Labuan Port.
KUALA LUMPUR, March 17 (Bernama) -- Bursa Malaysia Securities Bhd has publicly reprimanded and fined KAF Investment Bank Bhd (KAF IB) RM300,000 for breaching the Bursa Malaysia Securities ACE Market listing requirements (ACE LR).
KUALA LUMPUR, March 17 (Bernama) -- Megah Port Management Sdn Bhd (MPM) and the Labuan Port Authority (LPA) today signed the operation, facility and management continuation agreement and the leasing agreement aimed at further strengthening port operations and maritime services on this duty-free island.
