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China hits back with tariffs on US goods after Trump imposes new levies

China hits back with tariffs on US goods after Trump imposes new levies

China's Finance Ministry said it would impose levies of 15% for U.S. coal and LNG and 10% for crude oil, farm equipment and some autos.
Tue Feb 04 2025
Production of crude oil and condensate in 2Q rebounds to 1.3 pct growth

Production of crude oil and condensate in 2Q rebounds to 1.3 pct growth

Datuk Seri Mohd Uzir Mahidin said the improvement was attributable to the turnaround in crude oil.
Tue Sep 03 2024
Stocks sink, oil surges on reports of Middle East attacks

Stocks sink, oil surges on reports of Middle East attacks

Asian shares and bond yields sank while safe-haven currencies, gold and crude oil jumped after reports of a sharp escalation in Middle East
Fri Apr 19 2024
Putin bans Russian oil exports to countries that implement price cap

Putin bans Russian oil exports to countries that implement price cap

Some analysts have said that the cap will have little immediate impact on the oil revenues that Moscow is currently earning.
Wed Dec 28 2022
Ringgit appreciates vs US dollar in early trade

Ringgit appreciates vs US dollar in early trade

Stephen Innes said the steadier crude oil prices earlier this week have also provided support for the local note.
Thu Nov 24 2022
CPO prices to range higher at RM5,000-RM5,500 a tonne in Q4 - Zuraida

CPO prices to range higher at RM5,000-RM5,500 a tonne in Q4 - Zuraida

This is due to the resumption of Indonesia's palm oil export levy beginning Sept 1, and the expected decline in palm oil production in Q4.
Mon Jul 25 2022
Russia is China's top oil supplier for 2nd month, Saudi volumes tumble - Data

Russia is China's top oil supplier for 2nd month, Saudi volumes tumble - Data

Imports of Russian oil totalled 7.29 million tonnes, up nearly 10 pct from a year ago.
Wed Jul 20 2022
China's May oil imports from Russia soar 55 pct to a record, surpass Saudi supply

China's May oil imports from Russia soar 55 pct to a record, surpass Saudi supply

Imports from Malaysia more than doubled in May yr/yr.
Mon Jun 20 2022
Govt has enough money to continue fuel subsidy, says Tengku Zafrul

Govt has enough money to continue fuel subsidy, says Tengku Zafrul

The government still has sufficient funds to continue to provide fuel subsidies to the people despite rising global crude oil prices.
Fri Jun 10 2022
EU agrees Russia oil embargo, gives Hungary exemptions; Zelenskiy vows more sanctions

EU agrees Russia oil embargo, gives Hungary exemptions; Zelenskiy vows more sanctions

Russian analysts and traders said the phasing-in of the embargo gave Moscow time to find new customers in Asia.
Wed Jun 01 2022
Subsidies may touch RM71 bln in 2022, inflation contained, says Finance Minister

Subsidies may touch RM71 bln in 2022, inflation contained, says Finance Minister

Malaysia is expected to fork out higher total subsidies in 2022 to the tune of RM71 billion, while petrol subsidies alone will touch RM30 billion amid the rise in crude oil prices.
Thu May 26 2022
Capital A to be profitable next year, says CEO

Capital A to be profitable next year, says CEO

Fernandes said the high crude oil price is not an issue at the moment as demand for air travel is robust.
Fri Apr 08 2022
Govt's plan to expedite 'Borneonisation' process among focus of Dewan Rakyat Thursday

Govt's plan to expedite 'Borneonisation' process among focus of Dewan Rakyat Thursday

Focus will also be on the govt's planning to review fuel prices at the pump as the price of crude oil increased to US$95 per barrel.
Thu Mar 24 2022
Soaring oil prices gives govt room to continue fuel subsidies - Mustapa

Soaring oil prices gives govt room to continue fuel subsidies - Mustapa

The soaring world crude oil prices currently give some room to the government to continue providing fuel subsidies, says Datuk Seri Mustapa Mohamed.
Sun Mar 06 2022
Malaysia says won't allow Russia-flagged tanker sanctioned by US at port

Malaysia says won't allow Russia-flagged tanker sanctioned by US at port

Linda, a Russian-flagged crude oil tanker targeted by US sanctions, will not be allowed to call at Malaysia's Kuala Linggi port.
Tue Mar 01 2022
Lebanese search for dead in devastated villages as Israel withdraws

Lebanese search for dead in devastated villages as Israel withdraws

Hezbollah says Israel was still occupying Lebanese territory and put the onus on the Lebanese state to get Israeli forces out.
Thu Feb 20 2025
China promises Latin America 'trustworthy' ties as Trump lays out demands

China promises Latin America 'trustworthy' ties as Trump lays out demands

Beijing looks to improve its foothold in a region historically under the US sphere of influence.
Thu Feb 20 2025
Major risks loom as Trump upends US Russia policy

Major risks loom as Trump upends US Russia policy

Washington's approach changes dramatically with the initial meeting between US and Russian negotiators.
Thu Feb 20 2025
Pope Francis has double pneumonia, complicating his treatment, Vatican says

Pope Francis has double pneumonia, complicating his treatment, Vatican says

Doctors say a polymicrobial infection occurs when two or more micro-organisms are involved and can be caused by bacteria, viruses, or fungi.
Thu Feb 20 2025
Philippines' VP Duterte challenges impeachment before Supreme Court

Philippines' VP Duterte challenges impeachment before Supreme Court

Sara Duterte makes her first legal move to fight the case that could lead to her removal and lead to a lifetime ban from public office.
Wed Feb 19 2025
Motor racing - Hamilton steps out in red at unprecedented 10 team F1 launch

Motor racing - Hamilton steps out in red at unprecedented 10 team F1 launch

I feel so full of life, so much energy, because everything's new and I'm just focused on what is up ahead, Hamilton says.
Wed Feb 19 2025
UAE tells US' Rubio it rejects displacement of Palestinians

UAE tells US' Rubio it rejects displacement of Palestinians

The UAE's stance matters as its one of four Arab nations that normalised ties with Israel during Trumps first term.
Wed Feb 19 2025
Taylor Swift wins recording artist of the year crown for fifth time

Taylor Swift wins recording artist of the year crown for fifth time

The megastar's "The Tortured Poets Department" record also topped four IFPI charts, the IFPI says.
Wed Feb 19 2025
More than $50 billion needed to rebuild Gaza, World Bank joint assessment says

More than $50 billion needed to rebuild Gaza, World Bank joint assessment says

Years of rebuilding work, including clearing unexploded ordinance and millions of tonnes of rubble lie ahead.
Wed Feb 19 2025
Malaysia’s AI data centre development to be impacted by recent US restrictions - Liew

Malaysia’s AI data centre development to be impacted by recent US restrictions - Liew

Liew Chin Tong says the restrictions would not affect the development of the domestic data centre ecosystem as a whole.
Wed Feb 19 2025