By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 26 (Bernama) -- The Malaysian government, under Prime Minister Datuk Seri Anwar Ibrahim’s leadership, is seen to be handling the current surge in oil prices wisely through various measures despite the West Asia conflict entering its fourth week with no signs of easing.
KUALA LUMPUR, March 25 (Bernama) -- Bursa Malaysia opened higher on Wednesday, supported by improved risk appetite across regional markets despite a weaker overnight performance on Wall Street.
NEW YORK, March 24 (Bernama-Xinhua) -- US stocks saw solid growth on Monday as reports of potential diplomatic progress in the Middle East sparked a sharp pullback in oil prices and revived investor risk appetite, reported Xinhua.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, March 24 (Bernama) – The decision by oil companies to shift away from West Asia and support offshore crude oil exploration in Southeast Asia could potentially benefit offshore support vessel (OSV) operators.
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.
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, March 21 (Bernama) -- The rubber market is expected to trade sideways with a slight upward bias amid as the market keeps a close watch on uncertainties surrounding the ongoing West Asia conflict, said industry expert Denis Low.
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.
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 Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 18 (Bernama) -- Bursa Malaysia ended higher today, in line with upbeat regional market performance and supported by the strong debut of Sunway Healthcare.
KOTA KINABALU, March 18 (Bernama) -- Petroliam Nasional Bhd (Petronas) recognises Sabah’s growing role in Malaysia’s oil and gas services and equipment (OGSE) sector, as part of broader collaborative efforts to strengthen the state’s contribution to national energy security and economic development.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, March 17 (Bernama) -- Heightened geopolitical uncertainty surrounding developments in the Strait of Hormuz could influence global capital flows, with commodity-exporting economies such as Malaysia potentially better positioned amid rising energy prices.
