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Electric car prices drop in Europe, helping sales rise
BRUSSELS, March 12 — The average price of an electric car dropped for the first time since 2020 in Europe last year, which helped sales, a report found today, as the EU debates weakening climate targets for automakers. EU environment
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‘Totally unsustainable’: Airlines across Asia hike ticket prices amid surging fuel costs from Mideast conflict
TOKYO, March 11 — Airlines in the Asia-Pacific region, including Qantas, Air India and Cathay Pacific, have hiked fares — or will soon — to factor in surging jet fuel prices spurred by war in the Mideast. The average world
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HLB Islamic unveils new brand identity, launches ‘Hayat’ wealth stewardship proposition
KUALA LUMPUR, March 11 — Hong Leong Islamic Bank has refreshed its consumer-facing brand identity as HLB Islamic, alongside a strengthened core proposition that encourages customers to manage wealth through a Shariah-guided lifecycle approach. The move marks a new chapter
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Moody’s says high energy prices to lift Petronas upstream earnings, subsidies a risk
KUALA LUMPUR, March 11 — Credit rating agency Moody’s Ratings expects expect high energy prices will boost Petroliam Nasional Bhd’s (Petronas) upstream earnings. It said in a statement today that higher petroleum-related revenues provide additional mitigation amid volatility in global oil
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Asian markets rise as oil stabilises on talk of IEA reserve release
HONG KONG, March 11 — Asian equities extended gains today while oil stabilised after a report said the International Energy Agency was considering the release of a record amount of its reserves to counter soaring prices. The crude market has
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Bursa Malaysia opens slightly lower as Wall Street slips and crude oil pulls back
KUALA LUMPUR, March 11 — Bursa Malaysia opened marginally lower on Wednesday, tracking weaker performance on Wall Street, where all three major US indices ended well below their intraday highs after a volatile session. At 9.15 am, the FTSE Bursa Malaysia
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Malaysian builder NexG Bina denies wrongdoing after police freeze 16 accounts, warns projects at risk
KUALA LUMPUR, March 11 — NexG Bina Bhd said 16 bank accounts of the company and its subsidiaries maintained with RHB Bank Bhd have been frozen since mid-November 2025 by the anti-money laundering unit (AMLA) of the Royal Malaysian Police
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Ringgit strengthens against US dollar, boosted by Trump Iran comments and crude oil slide
KUALA LUMPUR, March 10 — The ringgit ended higher against the US dollar and other major currencies at Tuesday’s close following a sharp drop in crude oil prices amid comments from US President Donald Trump suggesting the war in Iran could
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Bursa Malaysia rebounds as FBM KLCI reclaims 1,700 level on improved global sentiment, stronger IPI data
KUALA LUMPUR, March 10 (Bernama) — Bursa Malaysia rebounded to end higher today with the benchmark FBM KLCI reclaiming the 1,700 psychological level, supported by improved global sentiment after US President Donald Trump signalled a potential de-escalation of the Iran
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Penang ranks third nationwide with RM22.4b in 2025 manufacturing investments
GEORGE TOWN, March 10 — Penang recorded RM22.4 billion in approved manufacturing investments last year, a 29 per cent increase from 2024, said Chief Minister Chow Kon Yeow. He said the strong performance reflects sustained investor confidence in the state’s
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