22d ago
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.
22d ago
By Saraswathi Muniappan
KUALA LUMPUR, March 12 (Bernama) -- The latest disruption to global trade due to the United States-Iran conflict is hardly surprising.
23d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 11 (Bernama) -- The ringgit strengthened against the US dollar, other major currencies, and ASEAN peers at Wednesday’s close following news that the International Energy Agency (IEA) has proposed releasing oil reserves, which could help stabilise global crude oil prices.
23d ago
By Dr Phar Kim Beng
Few economic indicators shape global stability as decisively as the price of oil.
24d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, March 10 (Bernama) -- The Kuala Lumpur rubber market remained steady today amid hopes that the United States-Israeli war on Iran will end soon, said a dealer.
24d ago
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.
25d ago
KUALA LUMPUR, March 9 (Bernama) -- Following the surge in global oil prices on March 9, Asian governments face heightened fiscal and inflationary risks from rising global oil prices as the region remains structurally dependent on energy imports, said OCBC.
25d ago
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.
29d ago
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.
29d ago
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.
29d ago
KUALA LUMPUR, March 5 (Bernama) -- Bursa Malaysia ended the morning trading session higher ahead of the announcement of Bank Negara Malaysia’s overnight policy rate (OPR), with the market expecting the central bank to maintain its policy rate at 2.75 per cent.
30d ago
KUALA LUMPUR, March 4 (Bernama) -- The government is monitoring the current conflict in the Middle East but has assured that there will be minimal impact on Malaysia’s total trade, said Deputy Investment, Trade and Industry Minister Sim Tze Tzen.