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
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
Ukraine invasion sets back vision for cheaper EVs 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
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
LONDON: United States Secretary of State Antony Blinken said the Biden administration and its allies are discussing an embargo of Russian oil, a move that threatens to make an already heated oil market even more volatile. Read full story
CHICAGO: Wheat prices surged closer to record levels as Russia’s intensifying war in Ukraine cuts off supplies from one of the world’s leading breadbaskets, and is set to prevent planting of crops this year, dealing what is probably an unprecedented supply shock to global consumers. Read full story
NEW YORK: Wall Street’s main indexes fell sharply on Monday, with the Nasdaq Composite confirming it was in a bear market, as the prospect of a ban on oil imports from Russia sent crude prices soaring and fueled concerns about rising inflation. Read full story