[ KUALA LUMPUR: Bursa Malaysia snapped four consecutive days of losses to end higher today as bargain hunting emerged following the recent sell-off, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 5.42 points, or 0.35 per cent, to 1,540.42 from Tuesday’s close of 1,535.0. The benchmark index, which opened … Read more
[ KUALA LUMPUR: The ripple effects of higher oil prices on Asia Pacific (APAC) economies and globally are expected to be felt if the current development of Middle East tension is not defused soon, said a research house. Moody’s Analytics, in its commentary note, said that the escalation of tensions in the Middle East over … Read more
[ More than 160 attacks on U.S. troops in Iraq, Syria and Jordan, 37 clashes in the Red Sea with the Houthis — and now five dead U.S. service members. America’s mounting proxy battle with Iran over the past three months is spurring questions about whether the countries are at war. It’s also raising questions … Read more
[ The U.S. military on Thursday conducted its fifth strike on Iranian-backed Houthi rebels in Yemen, destroying two missile launchers, the Pentagon confirmed. Using Navy F-18 fighter aircraft, “U.S. Central Command forces conducted strikes on two Houthi anti-ship missiles that were aimed into the Southern Red Sea and were prepared to launch,” the command said in a … Read more
[ Clashes with Iranian-backed militia groups in the Middle East are testing the Biden administration’s relationship with the Iraqi government, with Baghdad reviving calls for American troops to leave the country as the ongoing fighting turns Iraq back into a warzone. Iran carried out a strike this week in Iraq that it claimed hit an … Read more
[ The killing of a top Hamas official in Beirut and a shock explosion that killed dozens of mourners of a top Iranian general are challenging efforts to contain fighting on multiple fronts in the Middle East from exploding into a larger war. It’s not yet clear what connection, if any, there is between the … Read more
