KUALA LUMPUR, April 10 (Bernama) -- The global economy is facing renewed strain from the ongoing conflict in West Asia, with up to US$50 billion (US$1 = RM3.98) in financial support potentially needed to help vulnerable countries weather the shock, according to the International Monetary Fund (IMF).
By Siti Radziah Hamzah
KUALA LUMPUR, April 9 (Bernama) -- Bursa Malaysia closed lower on Thursday following the weaker performance of regional peers.
KUALA LUMPUR, April 9 (Bernama) -- Oil prices rebounded towards US$100 per barrel amid lingering uncertainty over the two-week United States-Iran ceasefire and Iran’s renewed closure of the Strait of Hormuz following Israeli strikes on Lebanon.
SINGAPORE, April 8 (Bernama) -- The International Air Transport Association (IATA) anticipates a gradual recovery for the aviation industry within a few months, particularly in the Gulf region, amid the recent developments in conflicts in West Asia.
KUALA LUMPUR, April 7 (Bernama) -- Bursa Malaysia ended the morning trading session lower as markets continued to reprice the protracted West Asia conflict.
KUALA LUMPUR, April 6 (Bernama) -- Bursa Malaysia opened lower on Monday, as sentiment was pressured by escalating tensions in West Asia and persistent geopolitical uncertainty.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 3 (Bernama) -- Malaysia is in an extremely advantageous position as one of the world’s top palm oil exporters, continuing to supply edible oils to countries which are grappling with rising food prices and fertiliser supply disruptions due to the closure of the Strait of Hormuz.
KUALA LUMPUR, April 1 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday as global sentiment improved on hopes that the US may be leaving Iran in a matter of weeks.
KUALA LUMPUR, March 31 (Bernama) -- Global fertiliser and ammonia trade could be disrupted as the sale of 15 per cent of global ammonia, and 21 per cent of urea -- a high-nitrogen fertiliser -- is tied to West Asian exporters potentially impacted by the closure of the Strait of Hormuz, according to Rystad Energy.
KUALA LUMPUR, March 31 (Bernama) -- Malaysia is in a position of strength as it faces oil price shocks following the West Asia conflict, supported by robust domestic demand, moderate inflation, a sound financial sector and a resilient external position.
By Zufazlin Baharuddin
KUALA LUMPUR, March 31 (Bernama) -- The ringgit opened slightly higher against the US dollar on Tuesday, with a modest rebound although gains remain limited, said an analyst.
KUALA LUMPUR, March 30 (Bernama) -- Capital A chief executive officer Tan Sri Tony Fernandes said AirAsia fares may see a modest increase while remaining affordable, following the conflict in West Asia.
