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European Energy Prices Rise Amid West Asia Tensions

LONDON, March 19 (Bernama-Xinhua) -- European gas and oil prices rose sharply in early trading on Thursday as escalating tensions in West Asia and attacks on energy infrastructure in Qatar and Iran have heightened concerns over supply disruptions, reported Xinhua.

Iran Action May Send Oil To US$120 A Barrel, Asia To Bear The Brunt -- Rystad Energy

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.

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.

PAAB Establishes Malaysia’s First Sustainable Islamic Finance Framework With Blue Finance Elements

KUALA LUMPUR, March 19 (Bernama) -- Pengurusan Aset Air Bhd (PAAB) has established Malaysia’s first sustainable Islamic finance framework that incorporates blue finance elements, with Maybank Investment Bank Bhd (Maybank IB) serving as the sole sustainability structuring adviser.

Abaxx Singapore Joins SBMA, Boosts Physical Gold Trading

KUALA LUMPUR, March 19 (Bernama) -- Abaxx Technologies Inc (Abaxx), a financial software and market infrastructure company, announced its subsidiary, Abaxx Singapore Pte Ltd (Abaxx Singapore), has been accepted as a Local Associate Member of the Singapore Bullion Market Association (SBMA).

Malaysia’s Macro Position Is Stronger To Weather Shock Compared To Pandemic Era, Says World Bank's Apurva

KUALA LUMPUR, March 19 (Bernama) -- Malaysia’s stronger ringgit is helping to ease the impact of rising global import prices, although the country’s import cover has declined, compared with pre-COVID 19 pandemic levels, said the World Bank's lead economist for Malaysia, Dr Apurva Sanghi.

Vercel Adds HashiCorp Co-Founder Mitchell Hashimoto To Board Of Directors

KUALA LUMPUR, March 19 (Bernama) -- Vercel, the agentic infrastructure company, has appointed Mitchell Hashimoto, co-founder of HashiCorp and creator of industry-defining open source tools including Terraform and Vagrant, to its board of directors.

Menlo Launches First Browser Security Platform For AI Agent-Driven Enterprises

KUALA LUMPUR, March 19 (Bernama) -- Menlo Security, the leader in human and agentic Browser Security, has unveiled the first Browser Security Platform purpose-built to secure the agentic enterprise, where autonomous artificial intelligence (AI) agents will outnumber human employees and the browser has become the operating system for both.

RegASK Leaders Named To 2026 Pros To Know Award

KUALA LUMPUR, March 19 (Bernama) -- RegASK, a regulatory operating system for global life sciences and consumer products companies, has announced that two of its leaders have been recognised in Supply & Demand Chain Executive’s 2026 Pros to Know awards.

GWI: Middle East Desalination Holds Despite Conflict

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.

EdgeConneX Breaks Ground On AI-Ready Hyperscale Campus In Greater Osaka

KUALA LUMPUR, March 18 (Bernama) -- EdgeConneX, a pioneer in global Build-to-Suit and Build-to-Density data centre solutions, has commenced development of its first 200-megawatt (MW), artificial intelligence (AI)-ready data centre campus in Greater Osaka.