Oil Price Shocks, Inflation and the Fragility of the Global Economy
By Dr Phar Kim Beng
Few economic indicators shape global stability as decisively as the price of oil.
| LATEST NEWS | Government may need to review timing and scale of carbon tax implementation -- NRES minister | National Climate Change Bill is still on track to be introduced this year despite current geopolitical situation -- NRES | Government is reviewing implementation of Malaysia’s carbon tax due to current geopolitical situation -- NRES | Global energy crisis: CAAM extends credit period for payment of fees and charges for up to 60 days effective May 1 to maintain sustainability of aviation industry operations -- Loke | RM50 flight ticket rebate for M'sians on Peninsula-Sabah, S'wak and Labuan routes in conjunction with Gawai and Kaamatan, from May 15 to June 14 — Loke | |
By Dr Phar Kim Beng
Few economic indicators shape global stability as decisively as the price of oil.
By Abdul Hamid A Rahman
KUALA LUMPUR, March 10 (Bernama) -- Household financial discipline is just as critical as national economic resilience, particularly amid global uncertainties that could affect prices, incomes and overall financial stability.
By Danni Haizal Danial Donald
KUALA LUMPUR, March 9 (Bernama) -- The Kuala Lumpur rubber market ended higher on Monday, supported by the uptrend in regional rubber futures markets, coupled with a rally in crude oil prices, said a dealer.
By Zufazlin Baharuddin
KUALA LUMPUR, March 5 (Bernama) -- Bank Negara Malaysia’s decision to keep the Overnight Policy Rate (OPR) steady at 2.75 per cent reflects a policy stance that remains supportive in the face of an increasingly uncertain external environment.
KUALA LUMPUR, March 5 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) is taking proactive steps to cushion the impact of escalating geopolitical conflicts in West Asia, by activating a comprehensive mitigation framework to support Malaysian exporters navigating maritime blockades, surging logistics costs and supply chain disruptions.
By Abdul Hamid A Rahman
KUALA LUMPUR, March 4 (Bernama) -- The Kuala Lumpur rubber market ended mixed today as the market sentiment was dampened by escalating geopolitical conflicts between the United States (US) and Iran, a dealer said.
CYBERJAYA, March 4 (Bernama) — Cyberview Sdn Bhd will continue to intensify efforts to attract foreign investors to Cyberjaya by expanding the existing technology ecosystem and focusing on local and regional startups.
By Harizah Hanim Mohamed
KUALA LUMPUR, March 2 (Bernama) – The global maritime industry is closely monitoring rising tensions in the Middle East, with hull insurance and cargo war risk coverage skyrocketing in response to the current situation.
KUALA LUMPUR, March 2 (Bernama) -- Bursa Malaysia ended the morning trading session in the red, in tandem with regional markets, as risk appetite for equities was dampened by the ongoing Middle East conflict.
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.
By Siti Radziah Hamzah
KUALA LUMPUR, Jan 15 (Bernama) -- Brent crude oil prices slipped more than 4.0 per cent on Thursday after Iran, among OPEC’s largest oil producers, warned that the country will retaliate against foreign threats.
KUALA LUMPUR, Dec 31 (Bernama) -- Malaysia recorded broad-based economic growth in the third quarter of 2025 (3Q 2025), driven by strong performance across all major sectors, said Deputy Prime Minister Datuk Seri Fadillah Yusof.