IPOH: The Malaysian government will not interfere in any legal matters related to Indonesian oil tycoon Riza Chalid, who is said to be involved in a corruption case involving fuel imports. Indonesian weekly Tempo reported that Anwar had told several editors-in-chief in Jakarta on July 29 and informed them that he had met with Riza. “Let the...
BEIJING: Oil prices climbed in early trading on Tuesday, boosted by new tariff exemptions floated by President Donald Trump and a rebound in China crude oil imports in anticipation of tighter Iranian supply. Brent crude futures gained 27 cents, or 0.42%, to $65.15 per barrel by 0046 GMT, while U.S. West Texas Intermediate crude rose 26...
PHNOM PENH: AirAsia believes it is capable of confronting rising fuel prices and the continued unfavourable currency movements, which continue to heighten global challenges. Capital A Bhd chief executive officer (CEO) Tan Sri Tony Fernandes said his confidence is based on the returned elasticity of the aviation industry post-Covid-19 despite fares rising as much as 25 per...
KUALA LUMPUR: The police detained an oil tanker believed to have been involved in smuggling subsidised diesel in Port Klang, Selangor on Wednesday (Dec 6). Bukit Aman Internal Security and Public Order Department director Datuk Seri Hazani Ghazali said 138,982 littes of subsidised diesel, pumps and hose were seized from the ship which is valued at...
