BENGALURU: Oil prices jumped on Monday to their highest levels since 2008 as the United States and European allies considered banning Russian oil imports while it looked less likely that Iranian crude would return switftly to global markets. Read full story
The price of oil LCOc1 has surged to its highest since 2008 after Russia’s invasion of Ukraine, adding to airline costs at a time when carriers have been struggling to recover from a pandemic-related collapse in demand. Read full story
KUALA LUMPUR: Investors could be keeping their sights on stocks recent corporate announcements including Sarawak Oil Palms, Willowglen MSC, CB Industrial Product, Siab, Ancom, Nylex, Samaiden, Omesti and Perdana Petroleum, said JF Apex Research. Read full story
TODAY’S business environment is highly competitive and the need to gain a larger market share of clients and customers cannot be overstated. Read full story
KUALA LUMPUR: The domestic market opened with an extension of the strong bearish sentiment that routed equities prices yesterday as investors join in the global reaction over surging commodity prices and the war in Ukraine. Read full story
KUALA LUMPUR: Coming out of a fourth quarter that yielded sequential improvements to bottomlines, the auto sector is planning ahead for the scheduled end of the government’s exemption on the sales and service tax (SST) in June 2022. Read full story
KUALA LUMPUR: The ringgit continued to trade lower against the US dollar in the early trading session today on persistent buying support for the greenback. Read full story
TOKYO: Japanese firms are under deepening pressure over their ties to Russia and are scrambling to assess their operations, company and government insiders say, after Western rivals halted businesses and condemned Moscow for invading Ukraine. Read full story
NEW YORK: U.S. gasoline prices jumped 11% over the past week to the highest since 2008 as global sanctions cripple Russia’s ability to export crude oil after its invasion of Ukraine, automobile club AAA said on Sunday. Read full story
FORT COLLINS, Colo.: Chicago grain and oilseed futures have had a rowdy start to March as war has erupted between two key exporters. Read full story
NEW YORK: Oil prices are set to surge further this week due to delays to the conclusion of Iranian nuclear talks and the potential return of Iranian crude to global markets, which are already suffering from Russian supply disruptions, analysts said. Read full story
SYDNEY: Oil prices soared more than 10% in hectic trading on Monday as the risk of a U.S. and European ban on Russian product and delays in Iranian talks triggered what was shaping up as a major stagflationary shock for world markets. Read full story