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US lifts some sanctions on Iranian oil to ease supply crunch amid war

WASHINGTON, March 21 — The US Treasury yesterday temporarily lifted sanctions on Iranian oil already loaded onto vessels, in Washington’s latest step to stem a supply crisis over the Middle East war. The authorization allows for the delivery and sale

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Vietnam petrol prices surge over 20pc after Middle East war triggers fuel fears

HANOI, MArch 20 — The cost of petrol was up by more than 20 per cent in Vietnam today after the government announced an overnight hike amid fears of oil and gas shortages caused by the Middle East war. Southeast

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US widens Tesla FSD probe to 3.2 million vehicles after nine crashes linked to visibility issues, one fatal

WASHINGTON, March 20 — The National Highway Traffic Safety Administration yesterday escalated its probe into 3.2 million Tesla vehicles with Full Self-Driving driver-assistance on concerns the system may fail to detect or warn drivers in poor visibility. NHTSA first opened

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Ringgit eases against US dollar after Fed holds interest rates

KUALA LUMPUR, March 19 — The ringgit eased against the US dollar at today’s close following the United States Federal Reserve’s (Fed) decision to keep interest rates unchanged, providing support to the greenback. The market in Malaysia will be closed

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Bursa Malaysia dips 9.1 points as late selling hits key sectors ahead of Hari Raya

KUALA LUMPUR, March 19 — Bursa Malaysia ended lower today due to late selling in selected heavyweights, particularly in the healthcare, utilities and financial services sectors and was also in sync with regional market weakness. At 5 pm, the FTSE Bursa

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Ringgit gains against yen, pound and euro but softens against US dollar

KUALA LUMPUR, March 19 — The ringgit opened higher against major currencies but eased against the US dollar this morning as cautious global sentiment continued to weigh on emerging market currencies. At 8 am, the local currency softened to 3.9300/9400

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World Bank’s International Finance Corp invests RM60m as cornerstone investor in Sunway Healthcare IPO

KUALA LUMPUR, March 18 — The World Bank Group, through the International Finance Corporation (IFC), has invested RM60 million as a cornerstone investor in Sunway Healthcare Holdings Bhd’s initial public offering (IPO). IFC said the investment will enable the company

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Bursa Malaysia ends higher on regional gains, KLCI up 1.10pc

KUALA LUMPUR, March 18 — Bursa Malaysia ended higher today, in line with upbeat regional market performance and supported by the strong debut of Sunway Healthcare. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 18.82 points or

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Bursa Malaysia, subsidiaries to close March 20–23 for Hari Raya Aidilfitri

KUALA LUMPUR, March 18 — Bursa Malaysia and its subsidiaries will be closed from Friday to Monday (March 20-23, 2026) in conjunction with the upcoming Hari Raya Aidilfitri public holiday. In a statement today, the exchange said Bursa Malaysia and

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Myanmar imposes 5pc special goods tax on imported electric vehicles

YANGON, March 18 — Myanmar has imposed a 5 per cent special goods tax on imported battery electric vehicles (BEVs) under the 2026 Union Tax Law, the state-owned daily The Global New Light of Myanmar reported today, reported Xinhua. According to the

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