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Asian markets wobble between AI frenzy and Iran war jitters
HONG KONG, May 27 — Asian equities were mixed today with gains driven by tech stocks and guarded optimism the United States and Iran will reach a peace deal. Negotiations between Washington and Tehran to end the Middle East war
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Fuel shock from Iran war pushes Bangladesh back to IMF negotiating table
WASHINGTON, May 27 — The International Monetary Fund said yesterday it was in negotiations with the Bangladeshi government for a new assistance programme at Dhaka’s request, as the South Asian country reels from the economic fallout of the Iran war.
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BP sacks chairman Albert Manifold less than a year into role, shares slide
LONDON, May 27 — British oil giant BP unexpectedly removed Albert Manifold as chairman yesterday after less than one year in the role, citing “serious concerns” about governance standards, oversight and conduct at the company. “The board has been surprised
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Retired civil servant earns over RM7,000 monthly from Mersing fruit farm
MERSING, May 26 — The owner of an MD2 pineapple and banana plantation, which covers an area of 8.09 hectares on Jalan Pak Wan here, is aiming high to transform his enterprise, which has been running since 2021, into an
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Malaysian businesses turn cautious in 2Q, but services sector stays upbeat
KUALA LUMPUR, May 26 — Businesses anticipate a softer second quarter 2026 (2Q 2026) outlook with the confidence indicator easing to negative 1.8 per cent from 4 per cent in the previous quarter, according to the Statistics Department Malaysia (DoSM).
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Penang tops exports while Johor leads imports in April 2026 trade
KUALA LUMPUR, May 26 — Penang, Johor, Selangor, Sarawak and Kuala Lumpur dominated Malaysia’s exports, accounting for 88.9 per cent of April 2026’s total, according to the Statistics Department Malaysia (DOSM). In the Export-Import Statistics by State April 2026 report
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Ringgit opens slightly firmer against US dollar as markets watch US-Iran negotiations
KUALA LUMPUR, May 26 — The ringgit opened marginally higher against the greenback and other major currencies on Tuesday, amid negotiations between the United States (US) and Iran that could end the conflict and lead to the reopening of the
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Petronas takes full control of PRefChem in move to boost Malaysia’s energy security
KUALA LUMPUR, May 26 — Petronas announced today that its subsidiary, Petronas Refinery and Petrochemical Corporation Sdn Bhd, is set to acquire the stake held by Saudi Arabian Oil Company (Aramco) in Pengerang Refining Company Sdn Bhd and Pengerang Petrochemical
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Petrovietnam launches open tender for offshore Block 17 in South China Sea
HANOI, May 25 — Vietnam’s state energy firm Petrovietnam has invited investors to participate in an open tender for an offshore oil and gas block in the South China Sea, it said today. The invitation is for the Block 17
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Malaysia maintains strong position in halal industry as Jakim seen as global benchmark, says BMI
KUALA LUMPUR, May 25 — Malaysia’s institutional credibility remains a key competitive advantage in the global halal certification landscape, underpinned by the internationally recognised halal certification system developed by the Department of Islamic Development Malaysia (Jakim), according to BMI, a
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