SINGAPORE: Global oil and gas shipping rates soared, with supertanker costs in the Middle East hitting all-time highs, as the U.S.-Iran conflict intensified after Tehran targeted ships passing through the Strait of Hormuz, according to shipping data an...

The Star 27 minutes ago

TOKYO, March 3 — The yen and euro were broadly lower today as the widening Middle East conflict focused attention...

The Malay Mail Online 2 hours ago

KUALA LUMPUR: Malaysia has a moderate exposure to the ongoing United States-Iran conflict, and the situation is manageable from a macroeconomic standpoint, supported in part by its position as a net oil and gas exporter, said an economist.

The Star 2 hours ago

KUALA LUMPUR: The ringgit opened marginally higher against the US dollar on Tuesday, even as risk-off sentiment prevailed amid the ongoing military conflict in the Middle East.

The Star 2 hours ago

The cost of hiring a supertanker to ship oil from the Middle East to China surged to an all-time high of over US$400,000 a day.

Channel News Asia 3 hours ago

KUALA LUMPUR: Bursa Malaysia rebounded on Tuesday after sharp losses in the previous session due to anxieties over armed conflict in the Middle East.

The Star 3 hours ago

KUALA LUMPUR, March 3 — The ringgit opened marginally higher against the US dollar on Tuesday, even as risk-off se...

The Malay Mail Online 3 hours ago

KUALA LUMPUR: Crude oil prices may head towards the US$90-100 per barrel level following the disruption at Saudi Arabian state-owned oil giant Saudi Aramco's Ras Tanura plant, analysts say.

The Star 3 hours ago

NEW YORK, March 3 — Oil and gas prices surged yesterday following Israeli and US strikes on Iran and retaliation b...

The Malay Mail Online 3 hours ago

KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.

The Star 3 hours ago

U.S. stocks finished steady on Monday, clawing back early losses during a volatile session after U.S. and Israeli air strikes on Iran roiled global markets.

The Star 3 hours ago

HANOI: Vietnam's central bank is tightening the reins on credit growth this year, but several dynamic private lenders are still setting ambitious lending targets, signalling a sharply differentiated outlook across the banking sector.

The Star 12 hours ago

PETALING JAYA: Offshore energy facilities and services provider Bumi Armada Bhd's improving balance sheet and lower net gearing provides the company the buffer to bid for floating production, storage and offloading (FPSO) jobs as well as stable cash fo...

The Star 12 hours ago

JAKARTA: The banking industry is expected to see higher loan growth after a sluggish performance last year, as Finance Minister Purbaya Yudhi Sadewa decides to extend the state liquidity injection for another six months.

The Star 12 hours ago

SINGAPORE: The Republic may face an inflationary bump with energy prices set to spike following US and Israeli air strikes on Iran on Feb 28, bringing oil and gas shipments from the Persian Gulf to a halt.

The Star 12 hours ago

KUALA LUMPUR: OM Holdings Bhd (OMH) has completed the sale of its wholly-owned subsidiary, OMH (Mauritius) Corp's 26% stake in Ntsimbintle Mining Proprietary Ltd (NMPL) to Exxaro Resources Ltd for approximately US$120mil (RM471mil).

The Star 12 hours ago

HANOI: A tightening monetary stance has pushed home loan interest rates sharply higher, compelling both owner-occupiers and property investors to reassess their financial plans.

The Star 12 hours ago

BEIJING: Chinese leaders will launch a pivotal five-year plan this week that'll help shape global commodities markets through the end of the decade.

The Star 12 hours ago

LONDON: Oil surged by the most in four years, as the US-Israeli war against Iran plunged the global crude market into turmoil, with the effective closure of the critical Strait of Hormuz.

The Star 12 hours ago

HANOI: The Industry and Trade Ministry is seeking public feedback on a proposed Law on Commodity Derivatives Trading to close regulatory gaps and establish a comprehensive legal framework for the country's fast-growing derivatives market.

The Star 12 hours ago

WASHINGTON: For the past year, economists have modelled the impact of US President Donald Trump's chaotic trade war. Now, it's a real war they're assessing.

The Star 12 hours ago

KUALA LUMPUR: Rising tensions in the Middle East are keeping global oil prices elevated, creating both opportunities and uncertainties for Malaysia's oil and gas (O&G) sector.

The Star 12 hours ago

KUALA LUMPUR: Shangri-La Hotels (M) Bhd's managing director Christopher Phong will resign from his position effective from May 31.

The Star 12 hours ago

SINGAPORE, March 2 — Betting payouts following US attacks on Iran have thrown new scrutiny on prediction markets,...

The Malay Mail Online 15 hours ago