Russia expands fuel trade with Indonesia amid global market shifts
Russia has significantly increased its exports of oil products to Indonesia in early 2025, marking a strategic pivot to expand markets in Asia following Western [more…]
Category: Malaysia
Malaysia’s Ringgit hits lowest level since Asian financial crisis
Malaysia’s ringgit took a bit of a tumble on Tuesday, hitting its lowest level since the Asian financial crisis. The currency’s not having the best [more…]
Malaysian shares continue winning streak
Malaysian shares extended their winning streak for the fourth consecutive session, showcasing the resilience of the market. The benchmark FTSE Bursa Malaysia KLCI (FBMKLCI) surged [more…]
Starbucks boycott in Malaysia sends Berjaya Food down
In a startling development, the ongoing boycott of Starbucks in Malaysia has triggered a series of cascading effects, leading financial institutions to issue warnings and [more…]
Fitch Ratings affirms Malaysia’s “BBB+” rating with a stable forecast, reflecting confidence in the country’s economic future
In a recent statement, Fitch Ratings affirmed Malaysia’s long-term foreign-currency issuer default rating (IDR) at “BBB+” with a stable outlook. The rating agency highlighted the [more…]
Economic woes for Malaysia and Thailand as their currencies weaken against the US dollar, soaring import costs and inflation threats
Southeast Asian currencies are currently hovering near their lowest points for the year in the face of a robust U.S. dollar, with the Malaysian ringgit [more…]
