News

NEW YORK: Major U.S. stock indexes ended lower in rocky trading on Tuesday, as investors weighed fast-paced developments around the crisis in Ukraine as the United States banned Russian oil and other energy imports over the invasion. Read full story

HOUSTON: With crude prices surging past $125 a barrel, oil company executives called on Tuesday for more favorable global government energy policy to help the industry resolve the supply crisis that deepened after Russia’s invasion of Ukraine. Read full story

LONDON: Commodity prices surged on Tuesday with Brent crude soaring on news that the United States and Britain will ban or phase out Russian oil imports, and nickel hitting record highs above US$100,000 a tonne. Read full story

Qantas expects airfares to rise if oil cost remains high Read full story

DUBLIN: Western countries may face oil prices of over US$300 (RM1,254) per barrel and the possible closure of the main Russia-Germany gas pipeline if governments follow through on threats to cut energy supplies from Russia, according to a senior minister. Read full story

Ukraine invasion sets back vision for cheaper EVs Read full story

KUALA LUMPUR: Investors could be actively trading in stocks with recent corporate news announcement including Top Glove, DRB-Hicom, EP Manufacturing, Seremban Engineering, KESM Industries and UWC, said JF Apex Research. Read full story

KUALA LUMPUR: Bursa Malaysia rebounded slightly on Wednesday following the Prime Minister’s announcement that the country’s borders would reopen on April 1 as as it transitions to a Covid-19 endemic stage. Read full story

KUALA LUMPUR: The ban on Russian crude oil could accelerate the recovery of tanker rates as vessels are rerouted to more distant shipping destinations, says CIMB Research. Read full story

KUALA LUMPUR: The ringgit opened flat against the US dollar today despite the higher crude oil prices. Read full story