Malaysia is back on investors’ radar and wants to work with U.S. and China, says trade minister
Malaysia is determined to work with both the U.S. and China, Malaysia’s trade minister told CNBC amid ongoing tensions between the two economic giants.
Shell sees stronger LNG volumes and oil product performance in Q1
Shell now anticipates higher output of liquefied natural gas in the first quarter, after experiencing outages at its Australian facilities in 2022.
Top Iranian, Saudi envoys meet in China, discuss diplomatic ties
The countries said they would launch arrangements to reopen embassies and consulates within the two-month period stipulated in the deal last month.
Here’s when millions of UK phones will sound an emergency test alarm
Most U.K. cell phones will sound an alarm for 10 seconds later this month as the government tests a new emergency alert system.
A hidden time bomb? A ‘Big Short’ investor sees financial disaster brewing in housing markets
Dave Burt, CEO of investment research firm DeltaTerra Capital, believes an overlooked climate risk could see history repeating itself in the housing market.
Exhaustion pervades Russia and Ukraine’s forces fighting for Bakhmut’s ruins
A recent lull in fighting in Bakhmut has been down to poor weather and exhaustion, Western officials said.
These are the countries that will be ‘most hit’ if oil prices reach $100
OPEC+ announced an output cut of 1.16 million barrels per day, and some are forecasting $100 per barrel. That could hurt some countries more than others.
IMF says U.S-China tensions could cost the world about 2% of its output
Companies and policymakers are exploring ways to make their supply chains more resilient by “moving production home or to trusted countries,” the IMF said.
Market veteran says we may be ‘a long way from a new bull market’ and shares what to buy and avoid
A strong first quarter for stocks has raised hopes of a new bull market. But David Dietze says that could be wrong and inflation is still the biggest headwind.
India’s central bank holds rate steady in surprise move; Asia markets fall as investors brace for slowing U.S. growth
India’s central bank held its policy repo rate at 6.50%, defying expectations for the Reserve Bank of India to hike 25 basis points.
