Oil rose as Iran stuck to a seven-day proposal for reopening the crucial Strait of Hormuz rejected by US President Donald Trump, threatening further delays in the reopening of the crucial waterway.

Oil rises as Iran says it won’t soften Strait of Hormuz demands

Oil advanced and US equity futures slipped after President Donald Trump rejected Iran’s latest proposal to reopen the Strait of Hormuz, while saying negotiations may resume this week.

Oil up, stock futures slip as Iran offer rejected

Trust in Malaysia’s financial reporting ecosystem depends on the integrity of the information on which decisions are made. Financial statements must be prepared in accordance with applicable standards and laws, reflect the underlying financial position of an organisation fairly, and be subjected to appropriate independent scrutiny.

Safeguarding Trust in Malaysia’s Financial Reporting Ecosystem

MILAN (Sept 27): US builder Caddell Construction has formally committed to pay €30.941 million (US$35.24 million) in a probe into alleged worker exploitation at the site of the new US consulate in Milan, a document seen by Reuters showed.

US consulate builder in Milan to pay US$35 mil over labour probe

BUTTERWORTH (Sept 27): The All Malaysian Indian Progressive Front (IPF) has applied to become a component party of Barisan Nasional (BN), with Penang as the starting point before the move is taken to the national level.

All Malaysian Indian Progressive Front seeks to become BN component party, starting in Penang

PUTRAJAYA (Sept 27): The Nepalese government is considering legal measures to address cases involving individuals whose status remains undetermined, including foreign nationals, following floods and landslides in the country.

Nepal considers legal measures to determine status of flood, landslide victims — Wisma Putra

ANKARA (Sept 27): A deputy chair of President Tayyip Erdogan's ruling AK Party stepped down after an opposition politician accused her of making a large profit on shares just before a funds crisis triggered a major selloff on the country's stock market.

Deputy chair of Türkiye's AK Party resigns after trading allegation amid funds crisis

MILAN (Sept 27): Italian luxury group Armani is open to considering more than one investor for the sale of a 15% stake earmarked in founder Giorgio Armani's will, chief executive Giuseppe Marsocci said on Sunday.

Armani CEO says stake sale could involve multiple investors, no decision made

BANGKOK (Sept 27): Thailand has declared Sept 28 and 29 as special public holidays in Bangkok and three neighbouring provinces as authorities step up flood response efforts following days of heavy rain that that inundated parts of the capital.

Thailand declares two-day holiday in Bangkok, nearby provinces amid floods

SHANGHAI (Sept 27): China's military conducted a joint naval and air training exercise around a disputed shoal in the South China Sea, it said on Sunday.

China conducts naval, air exercise around disputed shoal in South China Sea