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Wall Street ends narrowly mixed, trading volatile after air strikes on Iran
NEW YORK, March 3 — US stocks ended close to flat yesterday after a volatile session that saw shares drop early following weekend US and Israeli air strikes on Iran, but there were bounces throughout the day as investors bought
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Ringgit stays above RM3.90 as markets brace for more Middle East volatility
KUALA LUMPUR, March 3 — The ringgit opened marginally higher against the US dollar today, even as risk-off sentiment prevailed amid the ongoing military conflict in the Middle East. At 8am, the local currency was traded at 3.9210/9340 against the
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Oil spikes 13pc after Iran attacks, analysts warn Brent could hit US$100
NEW YORK, March 3 — Oil and gas prices surged yesterday following Israeli and US strikes on Iran and retaliation by Tehran that forced shutdowns of oil and gas facilities across the region and disrupted shipping in the crucial Strait
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Safe-haven Swiss franc hits highest since 2015 as Iran conflict lifts energy prices
SINGAPORE, March 2 — The Swiss franc soared to its strongest in more than a decade versus the euro while the dollar hit a five-week high today as investors sought the safest assets after US and Israeli strikes on Iran
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BNM likely to keep OPR at 2.75pc this week amid global uncertainties, says Bank Muamalat
KUALA LUMPUR, March 2 — Bank Negara Malaysia (BNM) is likely to keep the Overnight Policy Rate (OPR) at 2.75 per cent when the Monetary Policy Committee (MPC) meets this Thursday, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd
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Britain signs £1b military helicopter contract as defence spending ramps up
LONDON, March 2 — The British government announced Monday it had agreed a £1 billion (US$1.3 billion; RM525.30) contract with the UK arm of Italian defence company Leonardo to build a new fleet of military helicopters. The deal for 23
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Ringgit slips against US dollar in March open amid Iran strike fallout
KUALA LUMPUR, March 2 — The ringgit opened marginally lower against the US dollar on the first trading day of March as risk-off sentiment intensified following a joint United States-Israel strike on Iran over the weekend. At 8.01 am, the
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Could oil hit US$100 a barrel? How the Iran war is threatening global energy supply
LONDON, March 1 — The US-Israeli strikes against Iran and reprisals by Tehran could severely disrupt the global supply of crude oil and send prices soaring to levels not seen in years. AFP looks at the risks. Major producer Iran
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Europe’s largest Samsung TV plant in Slovakia set to close by May 2026 as ‘idiot box’ era wanes
BRATISLAVA, Feb 28 — South Korean industrial giant Samsung said Friday it would shut down its last remaining television production plant in Slovakia, its largest factory in Europe, threatening hundreds of jobs. In 2018, Samsung shut down one of its
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Trump administration seeks delay in tariff refund litigation after Supreme Court loss
WASHINGTON, Feb 28 — US President Donald Trump’s administration is seeking to delay legal proceedings linked to tariff refunds for importers, a court filing showed yesterday, a week after the Supreme Court struck down his global duties. The high court
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