By Abdul Hamid A Rahman
KUALA LUMPUR, April 29 (Bernama) -- The ringgit closed higher against the US dollar and regional currencies, due to easing crude oil concerns following the United Arab Emirates’ (UAE) exit from the Organization of the Petroleum Exporting Countries (OPEC) pact.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 29 (Bernama) -- Bursa Malaysia ended on a softer note today, as investors took profit in oil-related counters following news of the United Arab Emirates’ (UAE) decision to withdraw from the Organisation of the Petroleum Exporting Countries (OPEC) and its allies.
KUALA LUMPUR, April 29 (Bernama) -- Understanding how global energy shocks transmit through production and supply chain networks is the key policy challenge for ASEAN economies, particularly in the wake of disruptions linked to the Iran-Strait of Hormuz.
KUALA LUMPUR, April 29 (Bernama) -- RHB Bank Bhd (RHB) and Petroliam Nasional Bhd (Petronas) have entered into a memorandum of understanding to collaborate on the implementation of a Sustainable Vendor Financing Programme (SVFP).
KUALA LUMPUR, April 29 (Bernama) -- Bursa Malaysia ended the morning session lower, tracking regional peers as investor sentiment was dented following reports of the United Arab Emirates’ (UAE) move to exit the Organisation of the Petroleum Exporting Countries and its allies (OPEC+).
By Siti Radziah Hamzah
KUALA LUMPUR, April 29 (Bernama) -- The United Arab Emirates’ (UAE) exit from the Organization of the Petroleum Exporting Countries (OPEC) and its allies (OPEC+) is unlikely to destabilise the alliance in the near term.
KUALA LUMPUR, April 29 (Bernama) -- Energy transition efforts worldwide continue to gain momentum, despite an increasingly complex geopolitical landscape, with investment estimated to have reached US$3.3 trillion (US$1 = RM3.95) last year.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 29 (Bernama) -- Bursa Malaysia opened higher, underpinned by expectations of stable earnings in 2026 across banking, utilities, energy and healthcare sectors, alongside strong domestic liquidity and a supportive macroeconomic backdrop
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.
KUALA LUMPUR, April 28 (Bernama) -- Global crude oil prices rose in a knee-jerk reaction following news that the United Arab Emirates (UAE) has left the Organisation of the Petroleum Exporting Countries (OPEC) and the broader OPEC+ alliance.
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, April 28 (Bernama) -- The Malaysia Digital Economy Corporation (MDEC) is rolling out a series of programmes aimed at strengthening Malaysia’s digital economy and advancing its transition into an artificial intelligence (AI)-driven nation.
KUALA LUMPUR, April 28 (Bernama) -- The government has established a high-level biofuel committee to coordinate and accelerate the implementation of the national energy security agenda, said Economy Minister Akmal Nasrullah Mohd Nasir.
