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Ringgit edges higher at open on modest rebound against US dollar
KUALA LUMPUR, March 31 — The ringgit opened slightly higher against the US dollar today, with a modest rebound although gains remain limited, said an analyst. At 8 am, the local currency climbed to 4.0265/0400 against the greenback from yesterday’s
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BNM projects 2026 inflation at 1.5–2.5pc despite global price volatility
KUALA LUMPUR, March 31 — Headline inflation is expected to remain moderate, averaging between 1.5 per cent and 2.5 per cent in 2026 despite greater global commodity price volatility amid the West Asia conflict, said Bank Negara Malaysia (BNM). In
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Middle East conflict: Oil climbs, Iran pushes Hormuz tolls, Panama Canal sees surge, Dubai announces relief package
PARIS, March 31 — Here are the latest economic events in the Middle East war: Oil prices rise Oil prices rose yesterday as the Middle East crisis escalated with the entry of Yemen’s Houthi rebels into the Iran war and
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Australia to halve fuel tax, back spot cargoes in RM7.03b relief move as Iran war drives up prices
PERTH, March 30 — Australian Prime Minister Anthony Albanese said today the government would halve the excise on fuel and diesel and remove the heavy road user charge for three months to help households cope with a surge in costs
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Malaysia’s consumer sector seen resilient amid stable demand, subsidy measures, says RHB IB
KUALA LUMPUR, March 30 — The Malaysian consumer products sector shall continue to provide earnings resilience and visibility, underpinned by stable domestic consumption and ongoing fiscal support, according to RHB Investment Bank Bhd (RHB IB). In a note today, the
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Bursa Malaysia slips at open as regional markets tumble, oil jumps past US$110
KUALA LUMPUR, March 30 — Bursa Malaysia eased in early trade today as it tracked regional market losses after a sharp Wall Street sell-off, as Brent crude oil surged above US$110 (RM441) per barrel. At 9.15 am, the FTSE Bursa
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WTO meeting collapses in deadlock after Brazil rejects e‑commerce moratorium deal
YAOUNDE, March 30 — World Trade Organisation talks ended deadlocked today as Brazil blocked a bid by the United States and other countries to secure an extension to a moratorium on customs duties for electronic transmissions like digital downloads, diplomats
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Ringgit eases as investors flock to safe‑haven assets
KUALA LUMPUR, March 30 — The ringgit eased today as market players continued to shift towards safe-haven assets amid uncertainties surrounding the fallout from the ongoing conflict in West Asia, now stretching beyond a month. At 8 am, the local
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Nikkei sinks over 5pc, Kospi slides 4pc as oil surges past US$100
TOKYO, March 30 — Japan’s Nikkei tumbled over five per cent in early trade today and South Korea’s Kospi was down more than four per cent after the price of oil rose again with no end in sight for the
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Ship insurers grapple with soaring war‑risk costs for perilous Gulf route
LONDON, March 29 — Iranian forces’ threat to ships in the crucial Strait of Hormuz has driven up payments for the insurance that underpins the world freight industry. Here are facts and figures about how maritime insurance works — and
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