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Indonesia firms in palm oil fraud probe supplied fuel majors

BANGKOK, March 16 — Indonesian companies targeted in a palm oil fraud probe supplied European firms including Italian energy giant Eni and Finnish sustainable aviation fuel leader Neste, an investigation by AFP and SourceMaterial has found. The links raise fresh

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Gold dips to below US$5,000 per troy ounce for first time since late February

MOSCOW, March 16 —The price of gold fell this morning, dropping below US$5,000 (RM19,670) per troy ounce for the first time since late February, according to trading data reported Sputnik/RIA Novosti.  As of 05:05 GMT, the price of the April

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Bursa Malaysia lower at midday amid selected selling

KUALA LUMPUR, March 16 — Bursa Malaysia remained lower at midday, weighed down by profit-taking in industrial products and services, consumer products and services, and construction stocks. At 12.30pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 1.78 points, or

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China economy gets early 2026 lift as retail sales, industrial output beat forecasts

BEIJING, March 16 — Activity in China’s retail and industrial sectors picked up in the first two months of the year, official data showed today, as Beijing tries to revive domestic spending while navigating mounting external risks. Leaders in the

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Ringgit opens marginally higher against US dollar amid cautious sentiment

KUALA LUMPUR, March 16 — The ringgit opened slightly higher against the US dollar today, supported by mild dollar weakness, though persistent geopolitical uncertainties and elevated oil prices capped gains. At 8am, the local note strengthened to 3.9300/9455 against the

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BNM likely to assess oil‑shock impact before any rate move, despite inflation risks, says economist

KUALA LUMPUR, March 15 — Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said policymakers are likely to assess the situation before raising interest rates to contain inflation resulting from the impact of the conflict in West Asia

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Crypto markets roiled by US–Iran conflict as traders bracing for weeks of turbulence

KUALA LUMPUR, March 15 — The cryptocurrency market remains highly volatile, with prices fluctuating amid uncertainty over geopolitical conflicts, particularly the West Asia conflict and its potential impact on global oil supply. Monash University Malaysia Professor of Finance and Head

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Oil holds above US$100 as Middle East war rattles global stock markets

NEW YORK, March 14 — Oil prices stayed over US$100 per barrel (about RM393.85) yesterday while stock markets slid, with no end in sight to disruption in crude supplies as war rages on in the Middle East. With the conflict

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Ringgit edges up versus regional currencies, slips slightly against US dollar amid Middle East tensions

KUALA LUMPUR, March 13 — The ringgit ended higher against other major currencies but eased against the US dollar at Friday’s close as investors remained cautious amid the escalating conflict in West Asia, which has heightened concerns over oil supply

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BSN expands first-time home financing scheme to gig workers, govt contract staff

PUTRAJAYA, March 13 — Bank Simpanan Nasional (BSN), in collaboration with Syarikat Jaminan Kredit Perumahan Bhd, is expanding the opportunity for first-time home ownership to gig workers and government contract staff. The initiative is implemented through the MyFirstHome-i and BSN

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