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  • Page 26

ECONOMY

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  • ECONOMY

Ringgit Opens Higher on Pragmatic Fuel Subsidy Approach

El Sky Media7 months ago7 months ago02 mins

KUALA LUMPUR – Malaysia’s currency, the ringgit, opened stronger for the fourth consecutive day, supported by growing confidence in the…

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  • ECONOMY

Gold Rises Nearly 2% as Middle East Uncertainty Drives Safe-Haven Demand

El Sky Media7 months ago7 months ago02 mins

KUALA LUMPUR, March 26 — Gold prices climbed nearly 2 percent as persistent uncertainty surrounding the Middle East conflict boosted…

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  • ECONOMY

Malaysia’s Fuel Subsidy Bill Quadruples as Global Oil Turmoil Puts Pressure on Government Finances

El Sky Media7 months ago7 months ago05 mins

Malaysia is facing mounting financial pressure after its fuel subsidy spending reportedly surged to nearly four times its usual level,…

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  • ECONOMY

Gold Prices Rebound After Hitting Four-Month Low Amid Shifts in Global Oil Market

El Sky Media7 months ago7 months ago04 mins

PETALING JAYA, March 26 — Global gold prices rebounded on Wednesday after dropping to their lowest level in four months,…

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  • ECONOMY

Global Recession Risk Looms as Larry Fink Warns Oil Could Hit $150 per Barrel

El Sky Media7 months ago8 months ago02 mins

Kuala Lumpur – Global financial markets are facing renewed uncertainty after Larry Fink, CEO of BlackRock, warned that oil prices…

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  • ECONOMY

Ringgit Weakens Against US Dollar as Investors Await Signs of Iran War De‑escalation

El Sky Media8 months ago8 months ago04 mins

KUALA LUMPUR, March 25 — The Malaysian ringgit weakened against the US dollar and other major currencies at the close…

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  • ECONOMY

Oil Prices Drop More Than 5% After Trump Sends Peace Plan to Iran

El Sky Media8 months ago8 months ago04 mins

March 25 — Global oil prices dropped more than five percent on Wednesday after U.S. President Donald Trump reportedly sent…

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  • ECONOMY

Ringgit Opens Higher Against US Dollar as Trump Signals West Asia De-escalation

El Sky Media8 months ago8 months ago06 mins

KUALA LUMPUR, March 24 — The Malaysian ringgit opened higher against the US dollar on Tuesday as global market sentiment…

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  • ECONOMY

Oil Prices Spike After Donald Trump Issues 48-Hour Ultimatum to Iran Over Strait of Hormuz

El Sky Media8 months ago8 months ago05 mins

March 24— Global oil prices surged sharply after U.S. President Donald Trump issued a 48-hour ultimatum to Iran, demanding that…

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  • ECONOMY

Oil Prices Drop Over 10% Amid Conflicting Signals on US–Iran Talks

El Sky Media8 months ago8 months ago03 mins

Kuala Lumpur — Global oil prices plunged by more than 10% following claims by Donald Trump that the United States…

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