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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) -- 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.
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.
KUALA LUMPUR, April 28 (Bernama) -- The Labuan International Business and Financial Centre (Labuan IBFC) recorded total industry assets of US$94 billion (US$1=RM3.95) in 2025, up 13 per cent from the previous year, reflecting continued resilience and growth momentum across key sectors.
KUALA LUMPUR, April 28 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) is targeting RM4.5 billion in sales at the Malaysia International Halal Showcase 2026 (MIHAS 2026).
BUTTERWORTH, April 27 (Bernama) -- The 2026 Economic Census (BE 2026) in Penang will cover nearly 100,000 business establishments across five main economic sectors, namely services, manufacturing, construction, agriculture, and mining and quarrying, with census operations conducted from January to October 2026.
JOHOR BAHRU, April 27 (Bernama) -- The Malaysian Investment Development Authority (MIDA) facilitated the approval of tax exemptions and incentives for 220 projects in Johor, reinforcing the Federal Government's commitment to the state's industrial growth in 2025.
PUTRAJAYA, April 26 (Bernama) -- The current global economic challenges, compounded by geopolitical tensions, require Malaysia to recalibrate its priorities amid heightened uncertainty, said Prime Minister Datuk Seri Anwar Ibrahim.
KEPALA BATAS, April 26 (Bernama) -- Malaysia’s trade strategy is now focusing on diversifying markets to reduce dependence on a particular region, while strengthening the resilience of the country's exports, especially amid global geopolitical uncertainties.
