apan stocks were lower after the close on Monday, as losses in the Paper & Pulp, Transport and Communication sectors led shares lower.
Oil prices jumped above $100 a barrel on Monday as the U.S. Navy prepared to blockade the Strait of Hormuz after talks between the U.S. and Iran failed to reach a deal to end the war.
The dollar strengthened to the highest level in a week in a broad rally against most of its peers in early Asian trade on Monday as peace talks between the U.S. and Iran broke down nL1N40U07M and the U.S. Navy prepared a blockade of Iranian ports.
Asian stocks fell on Monday after weekend talks between the U.S. and Iran reached no consensus, with Washington now preparing to blockade the Strait of Hormuz to pressure Tehran.
The Royal Irrigation Department and the Rubber Authority of Thailand have unveiled new rubber-based irrigation innovations to cut costs, reduce imports and support Thai farmers.
The World Bank has raised Malaysia’s growth outlook to 4.4% from 4.1% in 2026 despite mounting global uncertainties, including escalating tensions in the Middle East.