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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
Public flips car involved in road accident to rescue child

Public flips car involved in road accident to rescue child

According to JBPM, members of the public at the scene took initial action to rescue the victim before the fire brigade arrived.
Fri Feb 21 2025
Ramsay reveals hundreds of lucky cat statues stolen from new restaurant

Ramsay reveals hundreds of lucky cat statues stolen from new restaurant

Gordon Ramsay says about 477 Japanese cat models called maneki-neko were stolen from his Lucky Cat 22 Bishopsgate restaurant.
Fri Feb 21 2025
Zayn Rayyan case: Two child witnesses complete testimony today

Zayn Rayyan case: Two child witnesses complete testimony today

So far, 20 prosecution witnesses, including the two children, have been called for this trial, according to the Deputy Public Prosecutor.
Fri Feb 21 2025
Macron says he will tell Trump not to be weak with Putin in Washington visit

Macron says he will tell Trump not to be weak with Putin in Washington visit

Emmanuel Macron says showing any weakness to Russia's Vladimir Putin would make it harder to deal with China and Iran.
Fri Feb 21 2025
Israeli PM Netanyahu says Hamas will pay for not returning Shiri Bibas

Israeli PM Netanyahu says Hamas will pay for not returning Shiri Bibas

Netanyahu accuse Hamas of acting "in an unspeakably cynical manner" by placing body of a Gaza woman in the coffin instead of Shiri Bibas.
Fri Feb 21 2025
Trump pulls US out of key global climate assessment, sources say

Trump pulls US out of key global climate assessment, sources say

The US is a co-chair along with Malaysia of a working group on climate mitigation, or ways to reduce greenhouse gas emissions.
Fri Feb 21 2025
Japan to court Tesla on Nissan investment, FT reports

Japan to court Tesla on Nissan investment, FT reports

The group hopes Tesla will invest strategically, believing it's interested in acquiring Nissan's US plants, the report says.
Fri Feb 21 2025
185 children linked to GISB handed over to families - Exco

185 children linked to GISB handed over to families - Exco

The children have been handed over to their families on bond with conditions by the court.
Fri Feb 21 2025
IRS fires 6,000 employees as Trump slashes US government

IRS fires 6,000 employees as Trump slashes US government

The move will eliminate roughly 6% of the agency's workforce in the midst of the busy tax-filing season.
Fri Feb 21 2025
Elon Musk wields chainsaw at conservative gathering, a gift from Argentina's Milei

Elon Musk wields chainsaw at conservative gathering, a gift from Argentina's Milei

This is the chainsaw for bureaucracy, says Elon Musk.
Fri Feb 21 2025