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Kpler Analyst Warns Oil Prices Can Soar Above US$100 Per Barrel

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, July 22 (Bernama) – Market intelligence company Kpler’s senior crude oil analyst Muyu Xu has warned that crude oil prices can climb above US$100 per barrel and even spike to US$120 due to acute supply constraints if the war between the United States and Iran in West Asia persists for another one or two weeks.

Daicel Launches DURACON POM Grades With 30 Pct Recycled Content

KUALA LUMPUR, July 22 (Bernama) -- Daicel Corporation's High Performance Polymers (HPPs) SBU (formerly Polyplastics Co Ltd) has launched four new DURACON POM grades containing 30 per cent post-consumer recycled (PCR) material.

AM Best Retains Stable Outlook On South Korea's Non-Life Insurance

KUALA LUMPUR, July 22 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook on South Korea’s non-life insurance segment, supported by enhanced regulatory frameworks and solid investment performance.

Qumis Unveils AI Agents For Insurance Coverage Analysis

KUALA LUMPUR, July 22 (Bernama) -- Qumis has launched its certified artificial intelligence (AI) agents, a team of line-of-business specialists that work together to analyse entire insurance programmes and deliver citation-backed coverage analysis in minutes.

Selangor-Negeri Synergy Boosts Growth, Can Create New Economic Corridor - Amirudin

SEREMBAN, July 22 (Bernama) -- The synergy in strategic development between Selangor and Negeri Sembilan has the potential to create a new economic corridor capable of boosting the competitiveness of the country's central region through the strengthening of investment networks, high-tech industries and integrated logistics infrastructure.

MAHB Records 51 Mln Passenger Movements In 1H 2026, Driven By Strong International Travel Demand

KUALA LUMPUR, July 22 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) recorded 51 million passenger movements across its Malaysian airports in the first half of 2026 (1H 2026), up 1.8 per cent from a year earlier.

Kenanga IB, CGSI Expect Resilient Malaysia Automotive Sales In 2H2026 On EV, Hybrid Demand

KUALA LUMPUR, July 22 (Bernama) -- Malaysia's automotive sales are expected to remain resilient in the second half of 2026 (2H2026), supported by the introduction of more localised electric vehicle (EV) models and stronger demand for hybrid vehicles, fuelled by consumers' growing preference for new energy vehicles.

Malaysia May Gain Advantage Despite Proposed US Forced Labour Tariff - Kenanga IB

KUALA LUMPUR, July 22 (Bernama) -- The proposed 10 per cent tariff on Malaysian goods under the US forced labour-related measures is expected to have a neutral impact on the trade outlook, with the country potentially gaining a modest advantage against higher-tariff regional competitors, according to Kenanga Investment Bank Bhd (Kenanga IB).

Bursa Malaysia Lower At Midday On Mild Profit-taking

KUALA LUMPUR, July 22 (Bernama) -- Bursa Malaysia extended its decline at midday on continuous selling in selected heavyweight stocks due to mild profit-taking.

Govt Aligns Investment Direction Of GLICs, Public Funds Through GEAR-uP, MOF Inc

KUALA LUMPUR, July 22 (Bernama) -- The government is aligning the investment direction of government-linked investment companies (GLICs) and public funds through a clear national development policy, the Government-linked Enterprises Activation and Reform Programme (GEAR-uP) mechanism, and the strategic role of the Minister of Finance Incorporated (MOF Inc).

Sim Calls On Manufacturers, Industry Players To Reinvest Profits In R&D

GEORGE TOWN, July 22 (Bernama) -- Factories and industry players, particularly in the electrical and electronics (E&E) sector, are advised to capitalise on the country's strong trade performance this year by reinvesting profits into research and development (R&D), automation, and talent development to enhance long-term competitiveness.

Effective Governance Key For Innovation, Accountability - TNB

KUALA LUMPUR, July 22 (Bernama) — Effective governance is vital for organisations to innovate confidently while ensuring that accountability, ethics and human judgement remain central to every critical decision, said Tenaga Nasional Bhd’s (TNB) chief digital and information officer, Azlan Ahmad.