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KUALA LUMPUR, April 28 (Reuters) -- The United Arab Emirates said on Tuesday it quit OPEC and OPEC+, dealing a heavy blow to the oil exporting groups and their de facto leader, Saudi Arabia, at a time when the Iran war has caused a historic energy shock and unsettled the global economy.
By Abdul Hamid A Rahman
KUALA LUMPUR, April 28 (Bernama) -- The ringgit closed higher against major and regional currencies but was flat against the US dollar today amid cautious sentiments over rising crude oil prices.
KUALA LUMPUR, April 28 (Bernama) -- Bursa Malaysia rose 0.71 per cent to end at the day’s high on the back of improving local sentiment and selective buying in index-linked counters following the recent pullback.
KUALA LUMPUR, April 28 (Bernama) -- Singapore’s top 100 brands rose seven per cent year-on-year to a combined value of US$84.1 billion in 2026, driven by growth across the banking, engineering, food and real estate sectors, according to the Brand Finance Singapore 100 2026 report. (US$1 = RM3.95)
SHAH ALAM, April 28 (Bernama) -- A proposed aerospace-focused industrial development in Sepang, Selangor, is set to become a key catalyst in supporting regional transformation under the Integrated Development Region in South Selangor (IDRISS) framework.
KUALA LUMPUR, April 28 (Bernama) -- Labuan Financial Services Authority (Labuan FSA) will focus on intensifying market development and innovation in digital finance, Islamic finance and insurance as Labuan International Business and Financial Centre (Labuan IBFC) navigates a more challenging external environment in 2026.
SUNGAI PETANI, April 27 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and Hong Leong Islamic Bank Bhd (HLB Islamic) today organised a special forum to strengthen the ecosystem and access of small and medium enterprise (SME) entrepreneurs in the Northern Region.
By Abdul Hamid A Rahman
KUALA LUMPUR, April 27 (Bernama) -- The ringgit closed higher against the greenback today on improved optimism, as markets saw inflows into semiconductor-related stocks, which benefited Malaysia.
KUALA LUMPUR, April 27 (Bernama) -- Chery Group announced its vehicle brand iCAUR is preparing to launch in Europe as it promotes its Urban Outdoor mobility concept ahead of its 2026 International Business Summit.
KUALA LUMPUR, April 27 (Bernama) -- Global packaging solutions company Amcor has opened an advanced healthcare packaging coating facility in Subang Jaya, Selangor on April 24, representing an investment of over US$35 million (US$1=RM3.96).
By Harizah Hanim Mohamed
KUALA LUMPUR, April 26 (Bernama) – The commitment by the four littoral states of Malaysia, Indonesia, Singapore and Thailand to resist any attempt to weaponise the Strait of Melaka is now highly critical, as maritime law is being stamped upon and free navigation disrupted, as is happening in the Strait of Hormuz.
KUALA LUMPUR, April 26 (Bernama) -- Malaysia is well-positioned to absorb any increase in redirected trade flows through the Strait of Melaka if shippers decide on alternative routes to avoid the conflict-stricken Strait of Hormuz.
