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Oil settles down more than 2% on Wednesday

Oil settles down more than 2% on Wednesday

Oil prices settled down for the fourth consecutive session on Wednesday after U.S. crude oil stockpiles posted a larger-than-expected build, adding a further headwind as investors worried about OPEC+ plans to increase output in April and U.S. tariffs on Canada, China and Mexico.
Thu Mar 06 2025
Rattled by China, West scrambles to rejig critical minerals supply chains

Rattled by China, West scrambles to rejig critical minerals supply chains

China's trade restrictions on strategic minerals are starting to hit Western companies where it hurts.
Fri Dec 06 2024
Nations strike deal at COP28 to transition away from fossil fuels

Nations strike deal at COP28 to transition away from fossil fuels

COP28 President Sultan Al Jaber called the deal "historic" but added that its true success would be in its implementation.
Wed Dec 13 2023
New COP28 draft deal stops short of fossil fuel 'phase out'

New COP28 draft deal stops short of fossil fuel 'phase out'

COP28 climate change summit heads into final stretch.
Tue Dec 12 2023
COP28 enters crunch time with countries at odds over fossil fuels

COP28 enters crunch time with countries at odds over fossil fuels

U.N. climate chief Simon Stiell warned that "each step back from the highest ambition will cost countless millions of lives".
Mon Dec 11 2023
What to watch at COP28 on Monday

What to watch at COP28 on Monday

The COP28 presidency is expected to release a new draft text of what would be a hoped-for final deal from the summit.
Mon Dec 11 2023
Gabon awaits next move from junta after coup ousts President Bongo

Gabon awaits next move from junta after coup ousts President Bongo

The coup is the eighth in West and Central Africa since 2020, and the second - after Niger - in as many months.
Thu Aug 31 2023
Malaysia agrees with oil production cuts by OPEC

Malaysia agrees with oil production cuts by OPEC

Malaysia has agreed with the recent implementation of oil production cut of 2 million barrels per day.
Tue Oct 18 2022
Bursa Malaysia opens higher on renewed buying interest, positive regional market sentiment

Bursa Malaysia opens higher on renewed buying interest, positive regional market sentiment

The benchmark index opened 2.78 points firmer at 1,492.58.
Tue Sep 06 2022
Malaysia supports OPEC's call for global oil market stability

Malaysia supports OPEC's call for global oil market stability

Malaysia remains steadfast in its commitment to support OPEC in its proactive efforts to maintain the stability of the global oil market.
Fri Aug 26 2022
Biden to meet with Saudi crown prince despite 'pariah' pledge

Biden to meet with Saudi crown prince despite 'pariah' pledge

The talks are seen by rights advocates as at odds with Biden's promise to put human rights at the heart of US foreign policy.
Wed Jun 15 2022
The necessity of a low interest rate environment - or why inflation-targeting is unhelpful

The necessity of a low interest rate environment - or why inflation-targeting is unhelpful

The impact of the oil spike was temporary (transitory) as compared to the impact of monetary tightening.
Wed Mar 16 2022
Deconstructing price gouging

Deconstructing price gouging

Price gouging is never justifiable under any circumstances.
Wed Dec 08 2021
OPEC agrees to increase oil production slightly - Mustapa

OPEC agrees to increase oil production slightly - Mustapa

The OPEC ministers agreed to increase slightly crude oil production in view of signs of a global economic recovery, Mustapa said.
Thu Sep 02 2021
Saudi commentators go public in criticising UAE role in Yemen

Saudi commentators go public in criticising UAE role in Yemen

A rare move that reflects political and economic tensions between the two Gulf allies.
Sun Jul 18 2021
At least 137 Gazans killed in Israeli attacks since ceasefire

At least 137 Gazans killed in Israeli attacks since ceasefire

According to the Euro-Mediterranean Human Rights Monitor , Israel has been killing an average of seven Palestinians every two days.
Wed Mar 12 2025
Malaysia strengthens semiconductor supply chain with ASEAN member countries - Liew

Malaysia strengthens semiconductor supply chain with ASEAN member countries - Liew

Malaysia does not intend to compete with neighbouring countries or other ASEAN member states in its efforts to strengthen supply chains.
Wed Mar 12 2025
Six men arrested for alleged misappropriation of subsidised cooking oil in Semenyih

Six men arrested for alleged misappropriation of subsidised cooking oil in Semenyih

Six men, including five foreigners in their 30s, were arrested for alleged misappropriation of subsidised cooking oil.
Wed Mar 12 2025
Hamas says new round of Gaza ceasefire talks has begun

Hamas says new round of Gaza ceasefire talks has begun

expressing optimism that the talks could lead to "tangible progress"
Wed Mar 12 2025
Ukraine says ready to accept 30-day ceasefire with Russia

Ukraine says ready to accept 30-day ceasefire with Russia

Ukraine conveyed its readiness to accept a 30-day ceasefire with Russia, as delegations from Kyiv and Washington met in Saudi Arabia.
Wed Mar 12 2025
Musk's SpaceX agrees Starlink cooperation with Airtel in India

Musk's SpaceX agrees Starlink cooperation with Airtel in India

Tech billionaire Elon Musk plans to enter the Indian internet market with his Starlink satellite system, reported German news agency dpa.
Wed Mar 12 2025
Trump announces higher steel and aluminium tariffs for Canada

Trump announces higher steel and aluminium tariffs for Canada

US President Donald Trump plans to impose additional high tariffs on steel and aluminium imports from Canada.
Wed Mar 12 2025
[COLUMNIST] The futility of resisting English: A barrier to national progress

[COLUMNIST] The futility of resisting English: A barrier to national progress

Promoting Malay language doesn't mean disparaging or undermining other languages, we can uplift it without diminishing others.
Wed Mar 12 2025
What is driving the bloodshed in Syria?

What is driving the bloodshed in Syria?

The violence has pitted the Islamist-led government's security forces against fighters from Assad's Alawite minority.
Wed Mar 12 2025
Only seven countries met WHO air quality standards in 2024, data shows

Only seven countries met WHO air quality standards in 2024, data shows

Only Australia, New Zealand, the Bahamas, Barbados, Grenada, Estonia and Iceland made the grade, according to IQAir.
Wed Mar 12 2025