WASHINGTON, April 28 — The United States (US) imposed sanctions on three vessels and their owners on Monday for delivering oil and gas products to Yemen's Houthis, as Washington continues to put pressure on the Iran-backed rebels over their attacks on Red Sea shipping.
KUALA LUMPUR, April 2 — The ringgit ended lower against the US dollar as the greenback strengthened further, trading at a multi-month high after yesterday’s economic data pointing that a United States (US) inflation was nudging higher, undoing June rate-cut predictions.
KUALA LUMPUR, March 13 — The rebound in Malaysia's January Industrial Production Index (IPI) has further brightened the growth prospects for the industrial sector this year.
MOSCOW, Feb.
KUALA LUMPUR, Jan 31 — The global air freight markets showed that air cargo demand rebounded in 2023 with a particularly strong fourth quarter performance despite economic uncertainties, with full-year demand reaching a level just slightly below 2022 and 2019, said the International Air Transport Association (IATA).
WASHINGTON, Jan 23 — United States (US) and British forces have carried out a fresh round of strikes on Monday (January 22) in Yemen, targeting a Houthi underground storage site as well as missile and surveillance capabilities used by the Iran-aligned group against Red Sea shipping, said the Pentagon.
PUTRAJAYA, Jan 16 — Tensions in the Red Sea are not expected to impact the country’s agriculture and food sectors, said Agriculture and Food Security Minister Datuk Seri Mohamad Sabu.
KUALA LUMPUR, Jan 16 — Standard Chartered Bank (StanChart) foresees a brighter economic outlook for Malaysia in 2024 with a higher growth of 4.8 per cent compared with 4.3 per cent last year.
KUALA LUMPUR, Jan 15 — The Federation of Malaysian Manufacturers (FMM) has called upon Malaysian shippers to brace for prolonged disruptions in the Red Sea, following the escalating security crisis unfolding in the region which has forced shipping firms to divert vessels to a much longer route.
KUALA LUMPUR, Jan 13 — The ringgit is expected to continue trading cautiously next week as investors await a slew of economic data scheduled to be released by several major economies.
ISTANBUL, Jan 6 — Maersk announced Friday that it will pause vessels bound for the Red Sea and the Gulf of Aden “in light of the recent incident involving Maersk Hangzhou and ongoing developments in the area.” “The situation is constantly evolving and remains highly volatile, and all available...
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