Month: August 2026

MALAYSIA: President Donald Trump has signed an executive order imposing export restrictions on critical minerals, aiming to secure domestic supplies vital for national security and technological advancement. The order, announced on Tuesday, reflects the administration's ongoing strategy to reduce dependence on foreign sources

IRAN: Oil prices have surged by 21% this month as ongoing tensions between the United States and Iran disrupt supply chains. The conflict has led to significant instability in the energy markets, impacting oil and related products like diesel. The geopolitical situation has

MALAYSIA: Apple has reported a revenue forecast that falls short of Wall Street expectations, as the tech giant grapples with persistent supply chain issues. Despite these challenges, Apple's shares have experienced significant growth, rising over 22% this year. The company continues to face

ISRAEL: Former U.S. President Donald Trump has announced a peace plan under the 'Board of Peace' initiative, aiming for the disarmament of Hamas in Gaza. The plan's success remains uncertain due to the lack of clear support from Israel, which is a key

TOKYO: Japan's factory output increased by 1.3% in June compared to the previous month, surpassing the median market forecast of a 0.7% rise. This growth marks a significant rebound in the manufacturing sector, indicating a strengthening economy. The increase in factory output comes

MALAYSIA: BP has announced plans to cut 700 jobs as part of its strategy to streamline operations and improve financial performance. The job cuts are aimed at reducing the company's debt and enhancing profitability, with a renewed focus on its core oil and

KUALA LUMPUR: The latest data reveals that weekly jobless claims in the United States have increased, but the rise was less significant than predicted. This development underscores a steady labor market, where hiring and firing activities remain subdued. This trend reflects broader economic

CHINA: China is currently grappling with a severe heatwave that threatens its agricultural output. High temperatures and increased humidity across key farming regions could potentially reduce crop yields and elevate the risk of crop diseases. The situation is being closely monitored as the

MYANMAR: Myanmar’s former leader Aung San Suu Kyi, who has been detained since February 2021, recently held a rare meeting with a representative from the International Red Cross. This encounter took place amidst ongoing international concern over her well-being and demands for proof

CHINA: East Asia and Pacific ports require an estimated US$12 billion in annual investments for modernization efforts,. The report indicates that China will be responsible for 65% of this capital requirement, with five ASEAN countries collectively accounting for 25%. This investment is deemed