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KUALA LUMPUR, March 12 (Bernama) -- Airlines feel “pretty powerless” at present amid escalating geopolitical tensions and volatile fuel prices, with little visibility on how the unfolding West Asia conflict will affect the aviation industry, said Tony Fernandes.
By Zufazlin Baharuddin
KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia opened lower on Thursday, weighed down by softer Wall Street performance amid ongoing US-Iran tensions, while crude oil prices remained elevated.
By Saraswathi Muniappan
KUALA LUMPUR, March 12 (Bernama) -- The latest disruption to global trade due to the United States-Iran conflict is hardly surprising.
KUALA LUMPUR, March 12 (Bernama) -- The ringgit extended gains against the US dollar and other currencies at Thursday’s opening, supported by stabilising oil prices following the International Energy Agency’s (IEA) decision to release additional supply into the market, an economist said.
PUTRAJAYA, March 11 (Bernama) -- A special committee chaired by Finance Minister II Datuk Seri Amir Hamzah Azizan is being activated to study economic developments and impact following the United States (US)–Iran conflict, said MADANI Government spokesman Datuk Fahmi Fadzil.
PUTRAJAYA, March 11 (Bernama) -- Finance Minister II Datuk Seri Amir Hamzah Azizan chaired the first meeting of the Special Committee on Energy Security and the Impact of West Asia Conflict today.
PUTRAJAYA, March 11 (Bernama) -- A special committee chaired by Finance Minister II Datuk Seri Amir Hamzah Azizan is being activated to study economic developments and impact following the United States (US)–Iran conflict, said MADANI Government spokesman Datuk Fahmi Fadzil.
KUALA LUMPUR, March 11 (Bernama) -- Bursa Malaysia extended its upward trend to close higher on Wednesday, supported by improved market sentiment following reports of a potential release of strategic oil reserves aimed at easing the recent surge in global energy prices, said an analyst.
By Zufazlin Baharuddin
KUALA LUMPUR, March 11 (Bernama) -- Bursa Malaysia remained higher at midday, tracking the upbeat performance of most regional peers.
By Zufazlin Baharuddin
KUALA LUMPUR, March 11 (Bernama) -- Bursa Malaysia opened marginally lower on Wednesday, tracking weaker performance on Wall Street, where all three major US indices ended well below their intraday highs after a volatile session.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 10 (Bernama) -- The ringgit ended higher against the US dollar and other major currencies at Tuesday's close following a sharp drop in crude oil prices amid comments from US President Donald Trump suggesting the war in Iran could end soon.
By Kisho Kumari Sucedaram
KUALA LUMPUR, March 10 (Bernama) -- Airlines in Asia are reviewing fares and operational plans as rising jet fuel prices linked to escalating conflict in West Asia begin to ripple across the aviation industry, with some carriers already introducing fuel surcharge adjustments.
