Asian Stocks Plunge Following Trump's Ultimatum To Iran

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). 

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.

Kuala Lumpur Rubber Market Stays Mixed, Tracking Regional Futures

KUALA LUMPUR, March 17 (Bernama) -- The Kuala Lumpur rubber market extended its mixed performance for the third consecutive trading day on Tuesday, tracking regional rubber futures, a trader said.

West Asia Conflict: No Economic Stimulus Planned For Now - Amir Hamzah

KUALA LUMPUR, March 16 (Bernama) -- No economic stimulus package will be introduced for the time being in response to the West Asia conflict, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Consumer Staples And Transport-related Counters Seen Riding Raya Wave

By Zufazlin Baharuddin

KUALA LUMPUR, March 16 (Bernama) – Companies with a strong brand position and better cost management are likely to deliver improved quarterly results, driven by festive sales, which in turn could support their share price, analysts said.

Prolonged US-Iran Conflict May Trigger 70 Pct Drop In West Asia Oil Output -- Rystad Energy

KUALA LUMPUR, March 14 (Bernama) -- A prolonged conflict between the United States (US) and Iran could slash West Asia crude oil output by as much as 70 per cent in a worst-case scenario, energy research firm Rystad Energy said.

Gold Futures Likely To Trade In Wider Range Next Week Amid Oil Market Volatility

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 14 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is anticipated to trade within a broader range next week, as the oil market now influences the wider macroeconomic narrative.

Daily Life In Hanoi Continues Unabated Despite Work From Home Call To Save On Fuel Costs

From Nur Athirah Mohd Shaharuddin

HANOI, March 14 (Bernama) – Despite the war in West Asia that has spiked oil prices, the people of Vietnam seem oblivious to the consequent inflationary pressures, especially for a nation that depends significantly on imported crude oil.

Strait of Hormuz: How The Strategic Flashpoint In The West Asia Conflict Is Roiling Global Oil Markets

By Voon Miaw Ping

KUALA LUMPUR, March 13 (Bernama) -- Intensifying maritime security tensions in the Strait of Hormuz amid the ongoing military conflict between the United States (US), Israel and Iran are putting the strategic chokepoint under intense international scrutiny.

Gold May Decline Temporarily As Investors Seek Dollar Liquidity -- OCBC Research

KUALA LUMPUR, March 13 (Bernama) -- Gold prices may decline temporarily as investors sell liquid assets to raise US dollar funding, similar to trends seen during the global financial crisis and the early phase of the COVID-19 shock, according to an analyst.

Malaysia In Stronger Position Thanks To Net Energy Exporter Status, Subsidy Reforms

KUALA LUMPUR, March 13 (Bernama) -- Malaysia’s position as a net energy exporter, with petroleum reserves confirmed sufficient until at least May 2026, and the fiscal headroom created by two years of subsidy rationalisation, has placed the country in a meaningfully stronger position than its neighbours to navigate the current global energy crisis.

Govt Working To Ensure Oil Supply Remains Secure, Stable - Amir Hamzah

KUALA LUMPUR, March 13 (Bernama) — The government is working to extend the country’s oil supply security and ensure domestic supply remains stable following the conflict in West Asia, said Finance Minister II Datuk Seri Amir Hamzah Azizan.