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SEOUL: The world’s top buyers of liquefied natural gas are seeking to defer shipments as the coronavirus pandemic cripples demand and forces more of the heating and power fuel into storage that is nearing capacity.
PETALING JAYA: Malaysian Rating Corp Bhd (MARC) has affirmed its ratings of MARC-1IS/AA-IS on UEM Edgenta Bhd’s sukuk murabahah programme of up to RM1bil.
KUALA LUMPUR: Malaysian Rating Corporation (MARC) has affirmed its ratings of MARC-1IS/AA-IS on UEM Edgenta Bhd’s Sukuk Murabahah programme of up to RM1bil.
KUALA LUMPUR: MISC Bhd is facing a weaker outlook as the economic environment poses several risks to earnings, says Affin Hwang Capital research.
PETALING JAYA: Despite potential stress ahead, the banking industry remains resilient but risks are still present, said analysts.
PETALING JAYA: Daily rates for tankers have risen exponentially on the back of the higher oil extraction by major producers, which have been driving a booking frenzy for tankers.
WHILE global markets are still reeling from the spread of the novel coronavirus (Covid-19), the collapse in the oil price was like a kick in the teeth for Malaysia and the world.
DUBAI: Top Organisation of Petroleum Exporting Countries (Opec) producers Iraq and Kuwait followed Saudi Arabia’s lead by cutting pricing for April crude sales, while a reduction by the United Arab Emirates (UAE) paled in comparison to the kingdom.
LONDON (Reuters) - State-owned Saudi Aramco announced a long-term global sponsorship deal with Formula One on Tuesday in what could also be another step towards the country eventually hosting a grand prix.
KUALA LUMPUR: CGS-CIMB Equities Research is maintaining its Overweight rating on oil and gas but highlight risks from the free fall in crude oil prices.