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ECONOMY

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GLOBAL ENERGY MAP 2026: China Dominates Iranian Supply, India Defies Sanctions

El Sky Media1 day ago1 day ago05 mins

Kuala Lumpur – Amidst the simmering geopolitical tensions gripping the Gulf region, the map of Iranian oil exports in 2026…

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  • ECONOMY

Fed’s Waller Urges Caution on Rate Cuts as Iran Conflict Risks Prolong Inflation Pressure

El Sky Media1 day ago1 day ago07 mins

KUALA LUMPUR, April , 2026 — Federal Reserve Governor Christopher Waller has signaled a more cautious and data-dependent approach toward…

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  • ECONOMY

Malaysia’s Economic Growth Slows to 5.3% as Global Conflict Begins to Strain Economy

El Sky Media2 days ago2 days ago05 mins

KUALA LUMPUR, APRIL— Malaysia’s economic growth has slowed to 5.3% year-on-year in the first quarter of 2026, reflecting early signs…

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  • ECONOMY

Australia’s Geelong Refinery Fire Disrupts Fuel Supply, Threatens Efforts to Ease Energy Crisis

El Sky Media2 days ago2 days ago06 mins

KUALA LUMPUR,APRIL — A major fire at Australia’s Geelong oil refinery has disrupted fuel production and intensified concerns over the…

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  • ECONOMY
  • POLITICS

Anwar Ibrahim and Anthony Albanese Strengthen Malaysia–Australia Food Supply Cooperation Amid Global Disruptions

El Sky Media2 days ago2 days ago07 mins

KUALA LUMPUR,APRIL — Malaysia and Australia have reinforced their bilateral partnership by deepening cooperation in food supply security and agricultural…

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  • ECONOMY

China Cuts Fuel Output and Boosts Aluminum Production Amid Gulf Supply Shock

El Sky Media3 days ago3 days ago05 mins

China is adjusting its industrial output strategy by cutting fuel refining rates while boosting aluminum-related production activity, as a major…

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  • ECONOMY

US $166 Billion Tariff Refund Rollout Delayed as Importers Miss Mandatory Opt-In Requirement

El Sky Media3 days ago3 days ago05 mins

KUALA LUMPUR,APRIL — The United States’ massive tariff refund program is facing continued delays as a significant number of importers…

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  • ECONOMY
  • UPDATE

Malaysia to Raise Biodiesel Blend Mandate from B10 to B15, Starting with B12 Rollout

El Sky Media4 days ago4 days ago04 mins

KUALA LUMPUR, — The Malaysian government has agreed to increase the national biodiesel blend mandate from the current B10 to…

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  • ECONOMY

IMF Upgrades Malaysia’s Real GDP Growth Forecast to 4.7% for 2026, 4.3% in 2027

El Sky Media4 days ago4 days ago03 mins

KUALA LUMPUR— The International Monetary Fund (IMF) has raised its projection for Malaysia’s real gross domestic product (GDP) growth to…

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  • ECONOMY
  • GLOBAL

China Calls US Blockade of Strait of Hormuz “Dangerous and Irresponsible”

El Sky Media4 days ago4 days ago04 mins

Kuala Lumpur — China has strongly criticized the United States’ military blockade of Iranian ports in the Strait of Hormuz,…

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