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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
Oil holds near multi-year highs amid demand recovery

Oil holds near multi-year highs amid demand recovery

The gains were underpinned by an improved outlook for demand as increased COVID-19 vaccinations help lift travel curbs.
Mon Jun 14 2021
OPEC Plus agrees to increase oil production for next 3 months

OPEC Plus agrees to increase oil production for next 3 months

The decision was made based on the improvements in the market supported by global vaccination programmes and stimulus packages in key economies.
Fri Apr 02 2021
Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays

KTMB provides two additional ETS trains for Christmas, school holidays

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity

Findings by dark energy researchers back Einstein's conception of gravity

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29

NRES responds to Rimbawatch press release on COP29

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024
Malaysia's inflation at 1.9 pct in Oct 2024 - DOSM

Malaysia's inflation at 1.9 pct in Oct 2024 - DOSM

Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year.
Fri Nov 22 2024
Saudi Arabia showcases Vision 2030 goals at Airshow China 2024

Saudi Arabia showcases Vision 2030 goals at Airshow China 2024

For the first time, Saudi Arabia is participating in the China International Aviation & Aerospace Exhibition held recently in Zhuhai.
Fri Nov 22 2024
King Charles' coronation cost GBP 71mil, govt accounts show

King Charles' coronation cost GBP 71mil, govt accounts show

The coronation of Britain's King Charles cost taxpayers GBP72 million (US$90 million), official accounts have revealed.
Fri Nov 22 2024