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Fuel stations run dry in Victoria and NSW as Australian government cracks down on price manipulation
SYDNEY, March 25 — Australia’s centre-left government on Wednesday introduced legislation in the parliament to double penalties for fuel price gouging as global supply disruptions due to the Iran war triggered fuel shortages in some rural regions, Reuters reported. Australia
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Ringgit weakens against US dollar as investors await signs of Iran war de‑escalation
KUALA LUMPUR, March 25 — The ringgit weakened against the US dollar and other major currencies at Wednesday’s close on cautious sentiment as investors await clearer signs of de escalation in the Iran war. At 6pm, the local currency eased
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MACC submits papers on DOE chiefs, targets graft tied to e‑waste and plastics
PUTRAJAYA, March 25 — The Malaysian Anti-Corruption Commission (MACC) is intensifying efforts to tackle corruption linked to the management of e-waste and plastic waste following recent progress in probes involving senior Department of Environment (DOE) officials. MACC Chief Commissioner Tan
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Fahmi: PKR will fully cooperate in probe into RM10m ‘corporate mafia’ allegation involving its MP
KUALA LUMPUR, March 25 — PKR is ready to fully cooperate with the authorities in connection with allegations of the party’s Member of Parliament’s (MP) involvement in misconduct involving a RM10 million transaction. PKR Information chief Datuk Fahmi Fadzil said
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Oil price retreat sparks relief rally, FBM KLCI ends day in green territory
KUALA LUMPUR, March 25 — Bursa Malaysia rebounded to close higher on Wednesday, tracking gains across regional markets as a sharp pullback in oil prices helped boost overall market sentiment, analysts said. At 5pm, the FTSE Bursa Malaysia KLCI (FBM
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China hits mineral jackpot, massive rare earths, fluorite and barite haul found in Sichuan
BEIJING, March 25 — China has achieved significant breakthroughs in the exploration of three key minerals — rare earths, fluorite, and barite — in its southwestern Sichuan Province, according to the Ministry of Natural Resources, reported Xinhua. At the Maoniuping
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Oil drops, stocks pop on talk of Iran deal and Hormuz easing
HONG KONG, March 25 —Oil prices tumbled and stocks rose today after reports that Washington sent a peace plan to Iran, while Tehran announced it will let “non-hostile” oil vessels through the crucial Strait of Hormuz. After nearly four weeks
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BlackRock boss flags ‘stark’ global recession risk if oil surges to US$150
LONDON, March 25 — A surge in oil prices to as high as US$150 (RM600) per barrel could push the global economy into a “stark and steep recession”, the chief executive of BlackRock has warned, as geopolitical tensions continue to
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China opportunity? Taiwan flags risks from US focus on Middle East conflict
TAIPEI, March 25 — Taiwan fears China will exploit the distraction of the United States by its war in the Middle East, with state media citing examples from the conflict to cast doubt on the efficiency of US weapons the
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Israel hammers Tehran as Trump claims US closing in on war deal
CAIRO, March 25 — Israel struck the Iranian capital Tehran today, Israeli military and Iranian media said, as President Donald Trump said the US was making progress in its efforts to negotiate an end to the war, with reports of
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